Gordon Reid, a Canadian businessman and founder of the popular discount chain Giant Tiger, has died.
Reid worked in the retail industry since he was 13 years old. He opened the first Giant Tiger store in 1961 in Ottawa's ByWard Market. The store remains in operation today.
The first Giant Tiger store opened in May 1961 on George Street in Ottawa's ByWard Market. The store is still there today. "Giant Tiger has always been a family-owned company and is professionally managed in accordance with industry standards. No change in ownership or management is expected to result from Gordon's passing," the company said in a news release.
"Mr. Reid is famously known for crediting the success of Giant Tiger to its strong network of store franchisees and a profound respect for the customers and the communities the stores serve. He is well known for saying, 'When your customers are your neighbours, you want to do things right.'" In 2010, Reid was awarded the Retail Council of Canada's lifetime achievement award and in 2018, the Ottawa Business Journal and the Ottawa Board of Trade awarded him a similar honour at the 2018 Best Ottawa Business Awards.
"Gordon was a giant within Canada's retail sector, an innovator who reshaped the industry," said Gino DiGioacchino, interim President and Chief Executive Officer of Giant Tiger in a news release."To us, he was also a friend and mentor. He will be greatly missed."
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