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The North West Co., a Canadian multinational grocery and retail firm, recently established its U.S. headquarters in Palm Beach County.
The company, which provides a range of products and services to underserved rural communities, opened its headquarters at a 9,300-square-foot office space at 5901 Northwest Broken Sound Parkway this week in Boca Raton. The headquarters has 35 employees.
“The North West Company selected Palm Beach County as a strategic location with access to the many markets it serves," said Kelly Smallridge, president and CEO of the Business Development Board (BDB) of Palm Beach County. "Boca Raton’s location, combined with the local infrastructure, offers an ideal fit for North West’s current and future business plans."
The company operates retail stores across rural areas of Canada, Alaska, the Caribbean and the South Pacific islands. It offers a variety of food, apparel, housewares, appliances, outdoor products, post office services, money transfers, check cashing and more. North West operates its retail locations under multiple banners, including NorthMart, Giant Tiger, Cost-U-Less and AC Value Center.
North West traces its history back to an older company, also called North West Company, a fur trading business established in 1779. That company eventually merged into the Hudson's Bay Company, which was acquired by investors and relaunched as The North West Company in 1987.
According to its website, some North West stores in Alaska and Canada have been in operation for at least 200 years. The company has more than 210 retail locations across its markets.
The company did not receive tax incentives to relocate to Boca Raton. The BDB helped the company obtain expedited permitting for the development of its new headquarters.
The North West Company reported it sales surpassed $519 million during the third quarter of 2019, up 1.6% from the year before.