Al0- The Terrace Slondd Wednesday February 4, 2004.

Business

SEARS OWNER Peter Uppal is bracing for some loss of business to Wal-Mart,

Wal-Mart’s regional pull hoped to counter losses

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By JEFF NAGEL

THE ARRIVAL ‘of Wal-- Mart so far hasn’t-instilled -

panic in local merchants:

ors to. Terrace, ‘and’-help

offset “any, loss: of business : to the: big new. competitor. ;

-“T think if: anything: it: will bring, more shoppers to-. said’ Fabricland owner: Lori: Straw, ‘They’ Me.

Terrace,”

shop around. ‘They: won’ __ just go.to one’place.”

‘Bob Park, ‘owner. of AW Seasons Source: for. Sports, -Mart .

said’ he's. glad- Wal

- Smithers or: Prince Ruper t. “Tt secures Terrace asa regional’ ‘shopping: centre,”

might-as well be

He. said: the ‘arrival of.

Canadian’ Tire. and:.. ‘the

Real“ Canadian’ Wholesale’ aS “Club. in recent yeats. has’: already’ forced’ local Tetai- of,

lerg to, adapt, to. big box co ipetition or close.

thé’ ‘Terrace:;Co-op. ‘Store:

and Home Hardware. did.

“Canadian: Tire’ hit this town’ far. more: than: Wal-. Park’ :

Mart is. ‘Boing: 0," said... Still,

purchasing, power, -

the * ‘newest. big “box brings. unprecedented

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if it was a country it would’

‘rank |as-China’s eighth lar- © trading partner -- : ahead: of Russsia and Brit

Many ‘are hopeful the: . i world’ s largest retailer will: attract moré regional visit: -

gest

‘tain.

: ferent products,"

, Sears “franchise - owner: Peter. Uppal said. that will -

: be his:strategy as well...

‘percent. drop in. ‘sales. in

‘the, first" year as a.result of

(competition ‘from: Wal. “Marts 2.66

‘. “Ty. the first year, they. :

¢an burt us,”

Park said::“‘If- you're going *

lo have them ‘any where it:

‘Uppal ‘said,

-Electfonics.

ects.the.'steepesl losses, *

s° “Wal-Mart: was, _preparin: “to -open, but. the. post-

anyway.

:\Merchants: ‘can’t. _beat : “the, ‘Arkansas-based | giant on, price,, “Park ‘says,-. but, they can ‘out-service. Wal- - ~ Mart,’ “provide a different - experience, and offer. “dif, ue lative : “said :

“He: said Sears has: told ‘him to. expect. a'15-to°20

but added “he expects to -“fecover, from any: losses. din.

Some: Ideal, ‘businesses id: shut ‘down’ ‘in’ January...

Blessings . ‘Children’ gH Wear, one: of ‘the.. stores “closing, is‘not leaving be- - . “cause: of. ‘Wal-Mart; owner. go PP ak “Lorna Brown’ says: “Wal Mart i isso big. thai wos

economy,’ " she said, citing - the failure of New Skeena

Forest Products to reopen.

". “I would have stayed: .. open, ‘but I wasn't-hearing anything positive about the ‘ economy.” os “SAAN clothing. store . Managers declined to: ise. cuss: Wal-Mart's: carrival,”

‘Buta Zellers: represen- ‘its Terrace | ~ ‘ store = owned : -by :the ‘Hud = son’s Bay, Company = has: ho plans to alter Strategy, a “ because-of Wal-Mart.

“Clearly any. -competi-

tion is’ going. to have. an 7 impact,” said: Katharine - *-Rasso, “But we're well: po:

itioned.to “compete.”

town.

stancés change;

‘Anothér. oiitlet t trying to: ~ shake, ‘up “its -operation: is: . ihe: Bargain Store. It has a -warned employees. it’ may. close. permanently; buts: < “store officials’ ‘say: they’ re, n hoping: to instead : move’ to. as ‘It’s ‘the. Whole down” .

a a Srnaller leeation, *

. o

wiht Ly

The: Zellers’ ‘Store in’. : Quesnel i 1S: closing, but she | attributed. that to.a: number » “of. factors, other than the - Wal: Mart’ S. arrival in that y “and be women’s. ‘and . ‘children’ ge clothes - are: ‘where. ‘he: ‘ex: 7

TES definitely: wasn't performing” as . Well “as © some of the other stores,’ me ~ she said,;: adding Zellers ‘is :. Constantly, re-examining. its .!, -stores, ‘closingsome. and ~ opening ‘others as: ‘circum- ue Christmas. ‘period is often ~ those, decisions | ate. made

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Terrace Art Association Society

banding to pay: the Gallery Coordinaior'« comes. ‘soley from: Lucky $ Bing 7 Pelace, This coordinator, Plays | the most important part of setting up shows : and: displays. The Gallery: is located in the basémeni’of the Terrace Public ~ Library-and is:open. Wer nesday to Satitday, neon ~ 4:00. p. m. and Sunday. -1,00- 4:00 pum. _ +The shows-consist of local as wel: a8, cut of tei. att, ro, phologra hy, 7 paintings and quilting.’ Once a year there’ is a. membershi ip show: whee : . members. are allowed “to'show up to:3° ‘Places, of their. work, This j isin the.

summer, psually July of August: . .”” “Theré'is also.a young peoples show wihich encurcge children and youlhs - of alltage groups ‘to. thow i skills-in ‘seu ting crafis and painting. The. nee Art. Association | is great fr the fd

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