Laco Sac is one of the longest-surviving stores in the CF Toronto Eaton Centre, having withstood decades of change in the constantly evolving mall....
Laco Sac is one of the longest-surviving stores in the CF Toronto Eaton Centre , having withstood decades of change in the constantly evolving mall.
They business survived even when other stores around them in the mall were closing. Kharabian's daughter Natasha, who joined the family business as operations manager in 2014, says that the mall, and as a result, the store have undergone many changes. Laco Sac's lease was also on the"chopping block," but Natasha says that her father didn't give up. Varouj negotiated again and again with the management and leasing.
"During the early closures, it was about having savings to carry you through financially. My parents could have hired more staff and worked less but they worked long hours on good days to be prepared for bad days," Natasha said. "Connections we had spent years forging with smaller manufacturers helped us get product when supply issues were causing major problems for competitors who primarily purchase product from overseas. We became the primary place to get luggage for many," she said.
Varouj was 37 years old when he came to Canada from Lebanon in 1987. Almost 40 years later, he says that he got good advice in the beginning that served him well.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toronto grocery store could be torn down and replaced by even bigger storeA grocery store in Toronto would be demolished to make way for a proposed mid-rise development, but locals in The Beaches neighbourhood probably sh...
Read more »
Five people charged after Toronto jewelry store, Mississauga electronics store robbedA 20-year-old man and four teenagers have been charged in connection with armed robberies at a Toronto mall jewelry store and an electronics store in Mississauga this week.
Read more »
Toronto allows corner store to stay after huge backlash to anonymous licensing complaintThe Finch Store, a corner grocer and cafe in Toronto's Bloor and Ossington Area, has been saved by its community after an anonymous complaint to th...
Read more »
Sobeys supermarket in Toronto shutting down to become a different grocery storeA gigantic Sobeys location in Toronto that's been around for ages is about to be shut down to transform into a different grocery store. The Sobeys ...
Read more »
'It's a death sentence': Local Toronto grocery store told it can no longer serve coffeeA cup of coffee is keeping a small business in Toronto alive – but it could also be a death sentence.
Read more »
Grocery store in Toronto told it can't sell coffeeA cup of coffee is keeping a small business in Toronto alive – but it could also be a death sentence.
Read more »