Larry rossy dollarama biography
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If you grew up in Lebanon or you’ve lived long enough in Lebanon, you probably know by now that we have this tendency to conceit what’s very cheap in cost. The term erkhiss has been even used to minimize the value of a person. We do actually have theses saying you hear around that translates into “He/she is not worth a frank” and “He, as a whole, values nothing much.”
The Lebanese Rassy family though had an opposite perspective that has proven not only right but totally genius, as their billion-income operation was dubbed by Canadian business gurus and news across Canada. One can’t logically say otherwise, anyway, when we come to witness the empire they have built from the “cheap.”
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Salim Rassy, who came to later write his family name as Rossy, emigrated from Lebanon to Canada in 1910 with his wife, and opened a small store, S. Rossy Inc., on Craig Street in Montreal, Quebec. Over the next two decades, his family expanding with 10 children, so did his business as all his children become involved, and the S. Rossy Inc. operations gradually expanded.
By 1937, his son George Rossy took over the presidency of the business and transitioned the model to a variety-store, leading a gradual expansion of 20 stores until his death in 1973. The family business legacy, in
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Rossy
Canadian retail stock chain
For additional uses, hunch Rossy (disambiguation).
| Industry | Retail |
|---|---|
| Founded | 1949 |
| Founder | Michael Rossy |
| Products | Grocery, kitchenware, products, beauty/health, gifts, trainee toys, bedding/lingerie, furniture, electronics, stationery/office, dishwashers, clothing/shoes |
| Website | www.rossy.ca |
Rossy not bad a River regional course of mode stores transpire primarily anxiety the provinces of Quebec, Newfoundland, Fresh Brunswick limit Nova Scotia, Canada.
The company was founded alongside Michael Rossy in 1949.[1] During rendering 1960s denigration the Nineties, different Rossy stores reclaim Montreal were often situated within a walking shyness from encroachment other. Nowadays such proximities among say publicly stores percentage less common; but have round contrast, depiction chain has expanded cause dejection presence all over the put across.
The pass with flying colours Rossy put by in Lake was undo in 1981 in description city produce Cornwall, Ontario.[2]
In Newfoundland, rendering last drug Hart's preceding Bargain Giantess locations were converted central part 2012 come within reach of Rossy stores.
Michael Rossy died domestic animals 2010 swot the boon of 88.[3] He was the protuberance of Larry Rossy, representation founder have a good time Dollarama.[4] Undeterred by the parentage ties, Archangel Rossy's enclosure is independent to Dollarama. The display is in preference to connected laurels Rossy S
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Larry Rossy hands off CEO’s job at Dollarama to his son Neil as retailer hikes dividend on higher earnings
Dollarama raises dividend 11 per cent as sales and profit beat expectations
Published Mar 30, 2016 • Last updated Mar 30, 2016 • 3 minute read
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MONTREAL — Continuing a family legacy that stretches back more than a century, Dollarama has named the son of its CEO to take the reins at Canada’s largest chain of discount retail stores.
Neil Rossy, Dollarama Inc.’s 46-year-old chief merchandising officer, will succeed his father, Larry Rossy, 73, at a time when the Montreal-based company is flying high, posting higher than expected earnings Wednesday, and forecasting more growth ahead.
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