Bouclair has more than 1,200 passionate and dedicated employees. Whether online, in our stores across the country or through our customer service department, we work hard every day to provide you with the best shopping experience and look forward to helping you refresh any space for less.
NEW INVESTOR GROUP TO ACQUIRE BOUCLAIR
-Will accelerate expansion of proven experiential store concept and online platform while repositioning retail footprint with a heavy investment focus in Quebec -
MONTREAL, QUEBEC – November 12 2019 – Alston Investments Inc., a new company formed by a group of Canadian investors with significant retail experience ("Alston" or the "Potential Purchaser"), today announced it has offered to acquire via an Asset Purchase Agreement a substantial portion of the assets of home decorating retail chain Bouclair Inc.
The Potential Purchaser will focus on Bouclair's successful experiential retail concept while continuing to invest heavily in Bouclair's online presence. Efforts to promote Bouclair internationally will also be expanded.
Shareholders of Alston include the current President & CEO of Bouclair, Peter Goldberg.
"It is no secret that retailers have faced significant challenges in recent years and have had to reinvent themselves in the digital world. Bouclair is no exception," said Goldberg. "This proposed transaction would allow a new Bouclair to reorganize and focus on the enterprise's strengths and to expand ecommerce and digital capabilities."
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