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Miracle Food Mart was a supermarket chain in Ontario, Canada, owned by Steinberg's, a Quebec-based retailer in the 1970s and 1980s. Steinberg purchased the Canadian division of Grand Union, with 38 stores, in June 1959 to make its entrance into Ontario.
LocationLater UseCurrent Use (type If Not Supermarket)Barrie - Bayfield Mallconverted to Winnersnow a Centra Food Market ( Asian ...Bowmanville - Bowmanville Mallconverted to A&PAcquired by Metro after sale of A&P ...Bramalea (Brampton) - Bramalea City ...became Ultra Food & Drug, later converted ...Acquired by Metro after sale of A&P ...Brampton - Hurontario Street & Steeles ...converted to A&PFood Basics - after Metro Inc. acquired ...- Fighting 'Penny by Penny'
- 'Economic Lunacy' in Long term?
- Shoppers Loved It
That spurred Loblaws, Dominion and Safeway to act, having learned from similar price-related skirmishes in the past. "They matched the price cuts, penny for penny," said Burt. Miracle Mart believed it could sustain a business with lower prices, in part by having slashed the costs of their own operations. The store was spending less on advertising a...
Over at Loblaws, President Dave Nichol was skeptical of Miracle Mart's strategy. "I think, in my opinion, they've got a serious sales problem — they're losing customers, they're desperate and they're trying to do something to buy their competitors' customers," he said. "How are you going to reduce your prices by 18 per cent? I mean, you don't have ...
"Any low price is a good concept for a shopper," said a smiling customer who talked to CBC News about the price war. Another shopper said she was "looking forward for it continuing like this." But Burt said it was an open question how long the good times would last for grocery shoppers. Another question was why other chains hadn't tried the same ap...
Twenty-five years ago, grocery stores Miracle Mart and Ultra Food Mart were shut down as part of a 14-week strike. The Brampton Guardian photographed the picket lines in November 1993.
Miracle Mart was a chain of discount department stores with locations in Ontario and Quebec, Canada based in Saint-Laurent, Quebec. The chain was renamed to simply M in the mid-1980s.
GREAT MEMORIES from the 70s and 80s of an OAKVILLE institution.
Strategy session: David Cravit, left, of Saffer Cravit and Freedman, goes over some newspaper ads with Doug Stewart, vice-president of marketing for Miracle Food Mart, which fired the first volley in the war.
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