All posts tagged 'Northlands'
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Posted @ 3/7/2016 3:22 PM By Graham Hicks
What was Daryl Katz doing, selling his Rexall drug store chain upon which he built his current fortune, for $3 billion to American pharmaceutical giant McKesson?
It’s about being where the puck is going, not where it is. It’s about long-term vision, strategic transformation and deliberate disruption, about Katz becoming a global business player, rubbing shoulders with the likes of Warren Buffet, Bill Gates and Mark Zuckerburg.
In the drug retail business, Katz sensed the time to exit is now, while the going is still good.
Rexall is primarily a bunch of drugstores, but the North America drug business is increasingly consolidating into “vertical integration”.
The same mega-companies, i.e. McKesson, manufacture, distribute and retail drugs. Katz didn’t see himself in drug manufacturing and distribution. He saw the storm clouds on the horizon if Rexall continued as only a drug retailer. Obviously he was offered good coin to sell to McKesson.
Buying the Oilers in 2008, ...
Posted @ 7/30/2012 2:30 PM By Graham Hicks
July 30, 2012:
So after a well-publicized vote on what to call Edmonton's annual summer fair - currently under the generic Capital EX- the producer of said event Northlands has announced the winner.
K-Days was the abbreviation, the slang-term, for the fair's long-standing name of Klondike Days. The original idea for the Klondike Days theme stemmed was Edmonton's peripheral involvement in the Klondike Gold Rush, as a staging area for one of the toughest ways to get to the Klondike gold rush up north.
It came complete with barbershop quartets, men dressed in turn-of-the-century stifling hot vests and suits, ladies in the full Victorian style regalia of dresses.
All of which the city was completely bored with by the mid-80s, especially when we really didn't have much historical claim to calling ourselves a Klondike gold rush town.
So here's the can of worms that'll be opened with the decision to call Capital EX K-Days.
What does K-Days stand for, the visitor will ask.