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Formerly | Imperial and Associates, Co. |
---|---|
Type | Public |
TSE: IMS [1] | |
Industry | |
Founded | 1970 |
Defunct | 2000 |
Fate | Merged into Imperial Tobacco Canada |
Headquarters | Montreal, Quebec, Canada |
Area served | 42 US states and 42 countries |
Parent | British American Tobacco |
Imasco Limited was a Canadian corporation headquartered in Montreal, Quebec, Canada. It was founded in 1970 as Imperial and Associates, Co.
Imasco was the former owner of Imperial Tobacco Canada, Canada Trust, Shoppers Drug Mart, Genstar, and the Hardee's restaurant chain. The company sold Hardee's in 1997 to CKE, Canada Trust in 2000 to Toronto-Dominion Bank and Shopper's Drug Mart in 2000 to a consortium of institutional investors. British American Tobacco, or BAT, had owned 41.5% of Imasco's shares. In 2000, British American Tobacco purchased the remaining 58.5% shares in Imasco and amalgamated the company with Imperial Tobacco Canada Limited.
A convenience store, bodega, convenience shop, corner store or corner shop is a small retail store that stocks a range of everyday items such as tea, coffee, groceries, fruits, vegetables, snacks, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal or include a small deli. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores.
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