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Canadian Retailer Simons Readies Major Fulfillment Center

Canadian Retailer Simons Readies Major Fulfillment Center

Canadian Retailer Simons Readies Major Fulfillment Center
June 04
00:05 2018
Booking.com



TORONTO — Driven by its store expansion across Canada and a rapidly growing online business, Quebec’s 178-year-old retailer La Maison Simons is beginning construction on a multiservice fulfillment center set to launch in Quebec City in 2020.
Projected to cost 215 million Canadian dollars, or $165.8 million, the facility will sit on a 2 million-square-foot lot in the city’s Espace d’Innovation Chauveau and represents “the biggest investment that we have made in our company’s history,” said Simons’ co-owner and president Peter Simons.
It also marks the first time since its launch in 1840 that Simons has brought in outside investors, in this case striking deals with public-sector allies Caisse de dépôt et placement du Québec and Investissement Québec after weeks of discussions with other possible partners.
But venturing into these unchartered waters was “the only way to go,” said Simons.
“This facility is unique in that it mixes elements of automation that are specific to our needs,” said Simons, whose company saw record growth in the first quarter of 2018. Indeed, the retailer’s annual sales currently top 500 million Canadian dollars, or $385.6 million, and online sales should make up a fifth of revenues this year.
Dedicated to automated processing, the new center will use the latest

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