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Edmonton Journal from Edmonton, Alberta, Canada • 68

Publication:
Edmonton Journali
Location:
Edmonton, Alberta, Canada
Issue Date:
Page:
68
Extracted Article Text (OCR)

LOCAL NATIONAL THURSDAY, APRIL 13, 2000 F8 EDMONTON JOURNAL Mint posts 2nd highest profit ever The Brick unveils new 'concept' store at WEM cessful Millennium coin program, the Mint said. Officials also pointed to good performance in the foreign circulation coin business, with 1.8 billion coins produced on contract to foreign countries generating revenue of $66.4 million. "I am thrilled with the earnings for 1999," said Mint president Danielle Wetherup. 1999, with net income rising to $21.7 million, up 388 per cent from $4.5 million the year before. Gold bullion sales reached their highest levels in more than a decade at $349 million in revenue Bullion sales to the United States were up 34 per cent compared with 1998.

A key reason for the strong numbers was the hugely suc The Canadian Pre OTTAWA The Royal Canadian Mint made a mint last year, turning the second biggest profit in its 91-year history. Figures released Wednesday show the Crown corporation had revenue of $584.4 million in TPS stores ranging from 45,000 square feet up to 70,000 square feet, said president Kim Yost. "We're also in discussions for another store in south Edmonton and plan to look at further opportunities in Vancouver when that market strengthens." After concentrating on the area from B.C. to Ontario, the Brick is now pondering a move into Quebec and Atlantic Canada, Comrie said. "We're definitely looking at Lxrth." The Real Canadian Superstore is one of the largest stores owner Westfair Foods will build, said Tony Rota of Cameron Corporation, developer of South Edmonton Common.

This will be their 17th store in Alberta, a $16-million project that will employ 300 full- and part-time employees." The project, to include a gas bar and liquor oudet, will open this falL Rota said more announcements would be coming on new tenants for South Edmonton Common, includingamajor fashion centre. meandered among the sofas and living room groupings. Many lingered at the entrance to the store, a floor-lit catwalk leading to the massive TV wall, where all 96 sets were tuned to the NHL playoff game There was also a lineup to meet and get an autographed picture of special guest Gordon Jump, better known as "OF Lonely," the Maytag repair man. The new stores are designed to give people more decorating ideas to show how furniture looks inside a house," said Comrie, describing happy times in furniture retailing. "We've had a good last five years and I think it's going to be good (forme next five).

Government debts are down and people have more disposable income. And I think furniture is an inexpensive investment compared to many other things these days. Jf you buyasuk, how long does it last compared to a sofa?" The 63store chain will add seven new oudets this year, filling in spots in the Ontario market with II crl 1 I 1 lfN) ludi-apacaf at, pw uJt, gtTy(V OffiVOGJ MAI RI MACLEAN Journal Business Writer EDMONTON Two major retail projects were unveiled Wednesday, with the first look at the Brick's new store in West Edmonton Mall and a ground-breaking ceremony fora new Real Canadian Superstore at South Edmonton Common on 23rd Avenue. Brick founder and chair Bill Comrie said his company's WEM outlet is one of 10 "concept" stores now rolling out across the country. The 45,000 square-foot oudet now occupies two levels in Phase 3 with a series of galleries of pro-fessionally decorated rooms.

Eye-popping features include a two-storey "TV wall" filled with 96 flat-screen televisions and another wall completely covered with mattresses. It opens to the public next week. At an invitation-only celebration Wednesday night, several hundred guests sipped wine and grazed on hors d'oeuvres as they One of Klutz's all-time best sellers, the 1 I NEW2000lSlUSSE tww' mi rarrmMPiTTii' S444 EXPLORER STOltfr tcJ" u. oh. oat, OTI bmtol.

I 1 j'i1 1 fj dttl OH aolr kidi fciilt' siii FBfct COMPt 11 R' S'yj Zl -T. 1 IJL Face Painting book. bags attached, Klutz has sold more than 50 million books and related products in 13,500 stores around the world. Klutz's best-selling books include Cat's Cradle, TheFacePaint-ingBook, The Nail Art Book and This transaction is part of our ongoing strategy to broaden Nel-vana's children's entertainment platform and to increase contributions from our branded consumer products business," said MichadHirsh, co-chief exeaitive of Toronto-based Nelvana. "Klutz's 22-year track record, solid brand recognition and -IJTiX' M'wtir It II ttfilUl 1 1 20- 5-L VK 1.2t2.1 THU, KUM T.rtH i FORD SALES LTD.

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NEW2000WLNDSIMIX tHt. mat, pnvn.T riia more I TRKWPJ Nelvana, Klutz make a lovely couple' after buyout FACE PAINTS CANADA NEWS WIRE strong firiancial history make this a strategic acquisition and a financially attractive transaction." JbhnCassidy.chiefexecutiveof Klutz and one of three founding partners and current owners, said Nelvana and Klutz "make a lovely couple." As part of the deal, Cassidy will sign a multi-year contract with Nelvana and he is expected to join Nelvana's board of directors. He will continue to be responsible for the day-to-day operations of Klutz, based at its California office. Joint efforts are planned with Kids Can Press, Nelvana's existing publishing operation. tf.

The Canadian Pre TORONTO Nelvana the animation company behind such children's cartoons as Franklin, Little Bear andBafoor.has agreed to buyU.S. publisher Klutz for $74 million US. Klutz, based in Palo Alto, Calif pioneered the concept of packaging instructional books with activity products for children. The company reported revenue of $41.4 million US in 1999. Since 1977, when it first published Juggling For the Complete Klutz, a book with three bean- it's not a pager, it's a power Rogers introduces BlackBerry wireless handheld, connected organizer.

It's all you need to send and receive wireless e-mails, relay quick messages and access personal information from your desktop. And yes, one size fits all. and the BlacfcBeny logo am trademarks of Research in Motion Limited. "Rogers Communication Inc. Used under License.

Corp. Used under License..

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Pages Available:
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Years Available:
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