WISE STORES INC. CLOSES 13 STORES.MONTREAL, QUEBEC--(BUSINESS WIRE)--Dec. 15, 1994--WISE STORES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (ME: WSI See wafer scale integration. .A)--Montreal-based Wise Stores Wise Stores was a department store located in Eastern Canada. Founded in 1930 in Montreal by Alex Wise, Wise Stores expanded their presence in the 1960s with the arrival of shopping centres. Inc. today announced that it is closing a total of 13 stores in Quebec and New Brunswick New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. . The move is part of the ongoing plan to restructure the company's operations. On Dec. 9, 1994, Wise Stores Inc. obtained a judgment appointing Caron Belanger Ernst & Young Inc. as interim receiver for Wise Stores Inc. Caron Belanger Ernst & Young Inc. has also been appointed as interim receiver for People's Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. Inc. and was named to oversee the day-to-day operations of both Wise Stores Inc. and Peoples Department Stores Inc. The stores, which will be closed in the near future, include the following: Wise Iberville St., Montreal Wise Drummondville, Quebec Wise Trois Rivieres, Quebec Wise Jean Talon St. E., St. Leonard Wise Gaspe, Quebec Wise Carleton, Quebec Wizmart Bathurst, Quebec Wizmart Longueuil, Quebec Wizmart Charlesbourg, Quebec Wizmart Jean Talon St. E., St. Leonard Wizmart Ste-Anne-des-Monts, Quebec Wizmart Shippagan, NB Wizmart Sherbrooke, Quebec Wise Stores Inc. operates 45 junior department stores under the "Wise" banner, including 37 stores in Quebec, 6 stores in New Brunswick, 1 store in Ontario and 1 store in Newfoundland. Wise Stores Inc. also operates 8 discount liquidation centers under the "Wiz-Mart" banner. Peoples Department Stores Inc. also operates 73 junior department stores under the "Peoples" banner, including 42 stores in Quebec, 9 stores in Ontario, 8 stores in Nova Scotia, 7 stores in New Brunswick and 7 stores in Newfoundland. CONTACT: Rick Leckner Maison Brison, 514/731-0000 REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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