The North West Company

The North West Company Inc.
Company typePublic
TSXNWC
Industry
Founded1987; 37 years ago (1987)
HeadquartersWinnipeg, Manitoba, Canada
Key people
Daniel G. McConnell, President & CEO
Number of employees
6,805[1]
Subsidiaries
Websitewww.northwest.ca

The North West Company Inc. is a multinational Canadian grocery and retail company which operates stores in Canada's western provinces and northern territories; the US states of Alaska and Hawaii; and several other countries and US territories in Oceania and the Caribbean.

The company traces its history back to the North West Company, a fur trading business headquartered in the city of Montreal in British North America from 1779 to 1821.[2] It was merged into the Hudson's Bay Company in 1821. The enterprise continued as the Fur Trade Department, and then the Northern Stores Division of Hudson's Bay Company. In 1987, the division was acquired by a group of investors and in the 1990s it was relaunched as The North West Company. It is now a publicly traded company and is composed mainly of the old HBC Northern Stores Division. The Alaska Commercial Company, which makes up The North West Company's Alaskan operations, traced its roots back to the Russian-American Company. Cost-U-Less, which operates in Hawaii, the South Pacific and the Caribbean, was acquired in 2007.[3] In 2017, 76% of Roadtown Wholesale Trading Ltd, which operates in the British Virgin Islands was acquired.[4]

  1. ^ "Company Profile for North West Co Fund (CA;NWF.UN)". Retrieved 2008-10-15.
  2. ^ Official site Archived 2004-12-27 at the Wayback Machine
  3. ^ North West Company Fund to Acquire Cost-U-Less
  4. ^ "The North West Company Inc. Announces the Closing of the Acquisition of 76% Ownership in Roadtown Wholesale Trading Ltd. (operating as Riteway Food Markets)". www.canadianinsider.com. Retrieved 2021-08-05.