Giant Tiger founder Gordon Reid has died at 89
Gordon Reid, a Canadian businessman and founder of the popular discount chain Giant Tiger, has died.
A statement from the company said he passed away at his home in Ottawa after a brief illness. He was 89.
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. (Photo courtesy of Giant Tiger)
Giant Tiger now has 265 locations across Canada and employs more than 10,000 people.
"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.'"
Retail analyst Bruce Winder says Reid left behind a 'massive legacy.'
"If you look at Giant Tiger now, it's across numerous provinces. They're doing billions of dollars in sales," he said. "For me, the thing that tells the story is think about retailers like BiWay and Bargain Harold's; they're long gone, but Giant Tiger survived and Giant Tiger thrived."
Winder attributes Giant Tiger's success to Reid's business prowess and value for the customer.
"I think what Giant Tiger's done is they've been able to find a very interesting middle ground in between the dollar stores and Walmart. That's kind of where Giant Tiger lives," he said. "They've been the best in breed when you look at other retailers who've come and gone. They just couldn't pull it off, but Giant Tiger did, so hats off to the founder."
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.
The Giant Tiger store on George Street in Ottawa's ByWard Market, as it appears in 2023. (Ted Raymond/CTV News Ottawa)
"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."
A commemoration of his legacy will be held at a later date, spokesperson Alison Scarlett said.
Reid is survived by his wife Nancy, his daughter Jacqueline; sons Scott and Blake; step-children Daryl, Laurie, and Kevin; grand-children Kelsey, Devan, Sarah, Max, Nathan, and Ryan; and great-granddaughter Dylan.
CTVNews.ca Top Stories
Kitchener family says their 10-year-old needs life-saving drug that cost $600,000
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.
'Do not consume': Gift Chocolate recalled due to undeclared milk, soy
The Canadian Food Inspection Agency has issued a recall for a specific chocolate brand sold in Ontario and Quebec.
Ontario to ban use of cellphones in school classrooms starting in September
Ontario is introducing a suite of measures that will crack down on cellphone use and vaping in schools.
Health minister 'deeply appreciative' of doctors but capital gains changes here to stay
Health Minister Mark Holland says while he is 'deeply appreciative' of the work doctors in Canada do, the federal government has no plans to scrap the proposed capital gains tax changes outlined in the latest budget, despite opposition from the Canadian Medical Association.
Invasive and toxic hammerhead worms make themselves at home in Ontario
Ontario is now home to an invasive and toxic worm species that can grow up to three feet long and can be dangerous to small animals and pets.
BREAKING Quebec to invest $603 million to protect the French language
Quebec will invest $603 million over five years to counter the decline of French in the province, French Language Minister Jean-Francois Roberge announced Sunday.
Key mediator Qatar urges Israel and Hamas to do more to reach a cease-fire deal
A senior Qatari official has urged Israel and Hamas to show "more commitment and more seriousness" in ceasefire negotiations in interviews with Israeli media, as pressure builds to reach a deal that would free some Israeli hostages and bring a ceasefire in the nearly seven-month-long war in Gaza.
Here's where Canadians are living abroad: report
A recent report sheds light on Canadians living abroad--estimated at around four million people in 2016—and the public policies that impact them.
Campus anti-war protesters dig in across U.S. as schools, police take action
Students protesting the Israel-Hamas war woke up in tents at college campuses across the United States Sunday morning planning more protests demanding that schools cut financial ties to Israel and divest from companies accused of enabling the conflict.