LAVAL, Qc – Hart Stores Inc. (TSXV:HIS), a department store retailer thar has restructured its business, has appointed its former chief financial officer Robert Farah as the Quebec company’s new president and chief operating officer.
Hart said Friday that Farah recently rejoined the company, which restructured under the federal Companies’ Creditors Arrangement Act.
Get weekly money news
He was chief financial officer of the retailer until he left in March, 2007.
Harry Hart, the retailer’s executive chairman, said Farah “has a successful retail track record and a strong understanding of our business and since his return has made many positive changes in our restructuring process.”
- Meta data centre in Alberta to start up ahead of adjacent Greenlight power plant
- Meta to build $13 billion data centre in Alberta, largest outside the U.S.
- Mom-and-pop landlords outpacing big real estate investors: StatCan data
- Alberta proposes new pipeline, but hurdles to construction, profitability remain
Hart Stores also said its shares have been trading on the TSX Venture Exchange.
Hart Stores operates 92 mid-sized department stores under the Hart, Bargain Giant and Géant des Aubaines banners in smaller markets across Eastern Canada.
Comments
Want to discuss? Please read our Commenting Policy first.