Regal Story...
Regal Brand Revived Under New Ownership
MISSISSAUGA, Nov. 10, 2016/-- The owners of Canadian online retailer Golda’s Kitchen Inc. have acquired -- through the newly-formed Regal Home and Gifts Inc. -- the trademarks, web assets, and customer list of Regal Gifts Corporation from the appointed receiver, Fuller Landau Group Inc.
Fred Pritchard and Howard Goldstein, owners of the new Regal Home and Gifts Inc. and the well-established and successful Golda’s Kitchen Inc., see this purchase as an opportunity to leverage the solid order processing infrastructure of Golda’s Kitchen to support Regal Home and Gifts’ direct sales model.
“Our customers have kept coming back to Golda’s Kitchen for 17 years because of our ability to provide quality, functional products that provide great value. We intend to bring our skills at product selection and our passion for retailing to Regal Home and Gifts,” commented Fred Pritchard.
Regal Home and Gifts will operate as a direct selling company and will distribute the iconic Regal™ catalogue using a dedicated network of independent sales representatives. Regal Home and Gifts will begin operations in 2017.
For further information, contact [email protected]
About Regal Home and Gifts Inc.
Regal Home and Gifts Inc. is a newly-formed corporation that returns the Regal™ brand to Canadian ownership. It will offer Canadian consumers functional and attractive housewares products and gifts through a network of dedicated independent sales representatives – a tradition of the Regal™ brand since its Canadian beginnings in 1928. Regal Home and Gifts’ first catalogue will launch in 2017.
About Golda’s Kitchen Inc.
Golda’s Kitchen is an online retailer of bakeware, cookware, and cake decorating products. Started in 1999, Golda’s Kitchen was the first online retailer to bring kitchenware to Canadians through the Internet. While the majority of sales are conducted electronically, customers can shop in person at the store located in Mississauga, Ontario. Golda’s Kitchen has been honoured as Retailer of the Year (housewares) by the Canadian Gift and Tableware Association and recognized as the best place to buy cookware by Toronto Life. Co-owner, Fred Pritchard, was recently inducted into the Retail Hall of Fame by the Retail Council of Canada.
About the Regal™ brand name
Started in Canada in 1928 as a stationery company, the Regal™ name has been associated with retailing and direct sales ever since. Most recently, Regal Gifts Corporation was selling gifts and housewares through its network of independent sales representatives. Regal Gifts Corporation was purchased in 2005 by an American private equity firm that operated Regal Gifts Corporation until its insolvency in August 2016.
MISSISSAUGA, Nov. 10, 2016/-- The owners of Canadian online retailer Golda’s Kitchen Inc. have acquired -- through the newly-formed Regal Home and Gifts Inc. -- the trademarks, web assets, and customer list of Regal Gifts Corporation from the appointed receiver, Fuller Landau Group Inc.
Fred Pritchard and Howard Goldstein, owners of the new Regal Home and Gifts Inc. and the well-established and successful Golda’s Kitchen Inc., see this purchase as an opportunity to leverage the solid order processing infrastructure of Golda’s Kitchen to support Regal Home and Gifts’ direct sales model.
“Our customers have kept coming back to Golda’s Kitchen for 17 years because of our ability to provide quality, functional products that provide great value. We intend to bring our skills at product selection and our passion for retailing to Regal Home and Gifts,” commented Fred Pritchard.
Regal Home and Gifts will operate as a direct selling company and will distribute the iconic Regal™ catalogue using a dedicated network of independent sales representatives. Regal Home and Gifts will begin operations in 2017.
For further information, contact [email protected]
About Regal Home and Gifts Inc.
Regal Home and Gifts Inc. is a newly-formed corporation that returns the Regal™ brand to Canadian ownership. It will offer Canadian consumers functional and attractive housewares products and gifts through a network of dedicated independent sales representatives – a tradition of the Regal™ brand since its Canadian beginnings in 1928. Regal Home and Gifts’ first catalogue will launch in 2017.
About Golda’s Kitchen Inc.
Golda’s Kitchen is an online retailer of bakeware, cookware, and cake decorating products. Started in 1999, Golda’s Kitchen was the first online retailer to bring kitchenware to Canadians through the Internet. While the majority of sales are conducted electronically, customers can shop in person at the store located in Mississauga, Ontario. Golda’s Kitchen has been honoured as Retailer of the Year (housewares) by the Canadian Gift and Tableware Association and recognized as the best place to buy cookware by Toronto Life. Co-owner, Fred Pritchard, was recently inducted into the Retail Hall of Fame by the Retail Council of Canada.
About the Regal™ brand name
Started in Canada in 1928 as a stationery company, the Regal™ name has been associated with retailing and direct sales ever since. Most recently, Regal Gifts Corporation was selling gifts and housewares through its network of independent sales representatives. Regal Gifts Corporation was purchased in 2005 by an American private equity firm that operated Regal Gifts Corporation until its insolvency in August 2016.
Regal Gifts Corporation is a catalogue,e-commerce and direct-selling company operating in Barrie, Ontario Canada. The Regal brand has been part of the Canadian landscape for over 8 decades and is the dominant player in the unique gift, household and kitchen item and jewellery market for the direct selling industry in Canada.
1928
Regal was first established in 1928, when a young Canadian envelope salesman named William McCartney first put his entrepreneurial vision to the test.Intrigued with the idea of manufacturing his own greeting cards, he approached a small card company in Toronto. With the support of a woman who would later become his wife, William McCartney launched Regal, a name chosen by his “bride-to-be.”
Since the early days, Regal has continued to stand for the business values young Mr. McCartney set as his guideposts:
- A great selection of unique, quality, value-priced products
- A commitment to providing Canadians with the means to earn extra money
- And an unwavering commitment to customer service excellence
Generations of Canadians have fond memories of selling, fundraising and shopping with the Regal catalogue. The Regal catalogue is a true "institution" in Canada, with over 80% brand recognition. The brand is emotive, holding a strong, warm, connection with of Independent Representatives and millions of consumers.