News   Nov 13, 2019
 600     3 
News   Nov 13, 2019
 1K     5 
News   Nov 13, 2019
 4.1K     15 

BiWay is making a comeback

AlbertC

Senior Member
Member Bio
Joined
Apr 24, 2007
Messages
5,409
Reaction score
4,229
Location
Davenport
BiWay is set to be resurrected in 2019 with new store

CTVNews.ca Staff
Published Saturday, December 8, 2018 12:17PM EST

Retail veteran Mal Coven, 89, who helped build the brand, hopes to resurrect the name with a new 7,500 square feet "BiWay $10 Store" scheduled to open in August in Toronto.

“One of my rules was that I never bought anything that I would be ashamed to bring home to my family,” Coven said, The new chain concept will see everything in stock sold for $10 or under.

With tens of thousands of dollars worth of goods ready and the backing of investors, Coven aims to open four more stores by the end of 2020.

https://www.ctvnews.ca/canada/biway-is-set-to-be-resurrected-in-2019-with-new-store-1.4210236
 

Admiral Beez

Senior Member
Member Bio
Joined
Apr 28, 2007
Messages
7,489
Reaction score
1,700

Richard White

Senior Member
Member Bio
Joined
Dec 7, 2015
Messages
1,809
Reaction score
884
Location
Scarborough, Ontario
Dollarama is losing its way.

Why Dollarama Inc. (TSX:DOL) Stock Is Plunging Sharply
https://www.fool.ca/2018/09/17/why-dollarama-inc-tsxdol-stock-is-plunging-sharply/

Bi-Way is targeting the anything under $10 retail price point. Whereas Dollarama went from everything for a buck to almost everything for over $2. They should change their format from a dollar store to a tooney store.
There was a store like that called "A Buck or Two" I believe. It is no longer in existance. Really though Dollarama is more about the 3-4 dollar items now.. the minimum item price is $1.25

I remember going to Biway when it closed in the Pickering Town Centre. I got a pair of turkey lifters and clothes :p
 

narduch

Senior Member
Member Bio
Joined
Sep 1, 2014
Messages
1,316
Reaction score
918
Dollarama is losing its way.

Why Dollarama Inc. (TSX:DOL) Stock Is Plunging Sharply
https://www.fool.ca/2018/09/17/why-dollarama-inc-tsxdol-stock-is-plunging-sharply/

Bi-Way is targeting the anything under $10 retail price point. Whereas Dollarama went from everything for a buck to almost everything for over $2. They should change their format from a dollar store to a tooney store.
This just proves the stupidity of the stock market.

Their sales increased but there stock tanked. They are still a healthy business.
 
Last edited:

AlbertC

Senior Member
Member Bio
Joined
Apr 24, 2007
Messages
5,409
Reaction score
4,229
Location
Davenport
Looks like the resurrected BiWay may also be competing more against the likes of TJX chains (Winners, Marshalls).

Trying to remember the specific location of BiWay when they used to be at Dufferin Mall. From what I recall, it should be the current spot where Marshalls and Swiss Chalet is (?). Service Canada, Abrigo Centre and probably something else was there for some time too in the past.
 

Top