Canadian retailer Roots files for IPO, plans to list on TSX under ROOT

Roots announces initial public offering
By The Canadian Press.

Canadian fashion retailer Roots Corp. is launching an initial public offering of its shares.

The company has applied to list on the Toronto Stock Exchange under the symbol ROOT.

“We view our heritage and our guiding principles as the foundation of our business,” the company said in its preliminary prospectus.

“Our brand is supported by first-rate operations and is well-diversified across product categories, seasons, channels and geographies.”

The retailer was established in 1973 by founders Michael Budman and Don Green.

Read more at CBC.

Be first to comment