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Gordon Reid opened the first Giant Tiger store, on George Street in Ottawaâs Byward Market, on May 13, 1961, with a $15,000 investment. First-year sales of $139,781 were far lower than Reid had anticipated, and by the end of 1962 he decided to close the store.
March 23, 2017. Financial services and liquidation firms Tiger Capital Group and Great American Group have been chosen to assist outdoor specialty retailer Gander Mountain in the closure of 32 under-performing stores nationwide, the firms said Thursday.