West Marine CanadaDuring their recent message to West Marine shareholders in the West Marine 3rd quarter conference call, Matt Hyde, CEO announced that West Marine will close all of their Canadian stores in 2015.

Canadian Yachting has learned that in the next year, leases on 7 of their 10 stores in Canada expire. We were told that when a lease expires on any of their West Marine stores, the company evaluates it against minimum financial delivery to decide whether to renew the lease. In the case of these 7 Canadian locations, none of the stores meet West Marine minimums. Because of this, the company announced the the difficult decision to phase out of the Canadian stores over the next few years, as their leases expire.   It was also stated that through this process, West marine will continue to support their Canadian stores for the next few years.

 We contacted a West Marine company spokesperson for further comment and we were told, “For a long time, we have grappled with providing for the needs of our Canadian stores, customers and associates. A few months ago we were advised by our landlord that the lease for our Toronto, Canada store would not be renewed.  Since then, we have 

been evaluating our options in Toronto and the implications for our Canadian operations.”

This person continued, “...We have made the difficult decision to phase out of the Canadian stores over the next few years, as our leases expire. Making a decision like this is never easy.  We’ve learned a lot in the past 10 years about the Canadian market. It is very different than the US market and requires time, attention and focus that we’ve been unable to fully deploy as we work on our business herin the U.S.

Phasing out of our Canadian stores will take a few years.  We will continue to support our stores, associates and customers as we go through this process.”

Boating Industry Canada was at the grand opening of the first West Marine Superstore in Fort Lauderdale in 2012 and since then, the company has opened several more much larger stores that include substantial floor space for summer and boating fashion, footwear and other items that apply to a more broad consumer target.

The Canadian stores are small size retail locations that will not suit the marketing direction pioneered by the Fort Lauderdale store. It remains to be seen if West Marine will take this super store direction in select Canadian markets, or if the company will focus more on their web-based retail operations but at present, the company seems to be doing much better in their home market.

 

Destinations

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CYOB Destinations: We Visit the Hilton Beach Marina

Hilton BeachBy Amelia Morris

Ah Canadian simplicity at its finest; small town, big marina. Little Hilton Beach (population 200!), which I am lucky enough to call my cottage country, is located on the north-east coast of St. Joseph Island. The Hilton Beach Marina is one of the largest and most major ports of call in the Western North Channel. It also has a long and rich history dating back to the 1850’s.

I spoke with Marina Manager, Laura McRae and got the full scoop on what goes on in this inconspicuous but busy marina.

Read more about Hilton Beach Marina....

 

 

 

Lifestyle

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Scarab 255 Open

Scarab 255 OpenBy Andy Adams and John Armstrong

You can imagine,at the GroupeBeneteau dealer meeting in Michigan last fall where all the Four Winns, Scarab, Wellcraft, and Glastrondealers had come to see the latest new models, the docks were lined up with gleaming brand-new boats to show the dealers and media – and they certainly put on a show! But for me, the Scarab 255 Open was an immediate stand out. This is a boat that breaks new ground and brings fresh thinking and interpretation of the boating experience to a wide range of buyers.

We had a quick look around but the test drives would have to wait until the next day.

Read more about the Scarab 255 Open....

 

 

 

 

DIY & How to

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