MEC to sublease head office; change business strategy to stem losses


By Glen Korstrom
Outdoor equipment manufacturer and retailer lost $11.5M in last fiscal year

Vancouver-based outdoor equipment retailer MEC announced today that it plans to sublease its 112,000-square-foot head office on Great Northern Way, which it built for $28 million and moved into in late-2014. The company has already started scouting the market for a new headquarters that will be about one-third the size and be somewhere in Metro Vancouver, CEO Phil Arrata told Business in Vancouver.…

Source:: MEC to sublease head office; change business strategy to stem losses


January 20, 2020

Comments

Comments are closed.

Website by AboutWebsites.ca