Winners, operating 200 stores in Canada at 2008's year-end, is the leading off-price retailer in that country, having been acquired by The TJX Companies, Inc. in 1990.
Winners offers a merchandise mix similar to T.J. Maxx and Marshalls, including women's apparel, family footwear, fine jewelry, children's apparel, lingerie, accessories, home fashions, and menswear.
Winners stores average approximately 29,000 square feet in size. We expect to net eight additional Winners stores in 2009 and believe that the Canadian market could support 230 stores in the long term.