Sherwin Williams Sees Considerable Retail Growth as it Continues Canadian Expansion

WHITBY STORE. PHOTO: SHERWIN-WILLIAMS

WHITBY STORE. PHOTO: SHERWIN-WILLIAMS

Cleveland, Ohio-based paint retailer Sherwin-Williams continues to open stores in Canada, after reaching a milestone of 200 store locations in the summer of 2016

The company now has more than 225 stores in Canada, with 46 in British Columbia, 28 in Alberta, 7 in Saskatchewan, 8 in Manitoba, 88 in Ontario, 37 in Quebec, 4 in New Brunswick, 2 in Newfoundland, 6 in Nova Scotia and one in PEI. 

Over the past three years, Sherwin Williams has opened 48 new stores in Canada, and there’s no end in sight. The company is seeking to expand its presence within the province of Quebec, with a focus on the Greater Montreal and Quebec City regions. Sherwin Williams is working with brokerage Think Retail for its Quebec expansion (the company works with Webster Retail in Ontario) and is seeking sites in the 2,500 square foot to 4,000 square foot range along high streets and in open-air centres. 

Sherwin-Williams was founded in Cleveland in 1866, and it celebrated its 150th birthday last year. The company is technically a year older than Canada, and has a unique Canadian connection – Sherwin-Williams opened a manufacturing plant in Montreal in 1894, and its second CEO was Canadian. Sherwin-Williams is now the largest producer of paint in the world and its products are sold through a wide network of distributors including, home centres, independent retailers, mass merchandisers, and through more than 4,200 company-operated paint stores. The company boasts annual revenue in excess of US $15 billion. 

Canadian Retail News From Around The Web: October 26, 2017

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