Nationwide Acquires
Canadian Group From Sears
By Alan Wolf On May 8 2012 - 4:01am
WINSTON-SALEM N.C. — The Nationwide
Marketing Group has purchased
Cantrex, a $2 billion Canadian buying
organization, from Sears Canada.
No purchase price was disclosed.
Cantrex is comprised of more than
1,200 independent dealers specializing
in furniture, major appliances, bedding,
CE, photography, floor coverings
and home fashions.
The acquistion excludes Corbeil
Electrique, Cantrex’s 30-store franchised
appliance chain.