Aldo Groupe

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Company Logo
The ALDO Groupe owns and operates a worldwide chain of shoe and accessory stores. The company was founded by Aldo Bensadoun in Montreal, Quebec, in 1972 where its corporate headquarters remain today. It has grown to become a worldwide corporation, with over 950 stores under 6 retail banners: ALDO, ALDO Accessories, Spring, Feetfirst (FIRST in the United States), Globo, and Little Burgundy (formerly Stoneridge). There are also ALDO outlet, ALDO Kids, ALDO Liquidation, Spring Liquidation, and clearance stores. Canadian, American, and UK stores are corporate stores while international stores are franchisees. The company once operated the now closed or re-branded banners Simard & Voyer, Pegabo, Transit, and Stoneridge.
History

An Aldo store in the Scarborough Town Centre.
In 1966 Aldo Bensadoun completed his French military service, teaching Economics at the 闁弌le de Cavalerie de Saumur. In 1972, ALDO Shoes was founded as a footwear concession within Le Chateau. The original group included stores in Montreal, Ottawa, Quebec City, and Winnipeg. The first freestanding ALDO store was opened in Montreal, in 1978.
Time line
1972 The Early Days ALDO Shoes is founded as a footwear concession within a chain of popular fashion boutiques. The original group includes 4 Canadian stores in Montreal, Ottawa, Quebec City and Winnipeg. 1978 The First Store The first freestanding ALDO store opens on Sainte-Catherine Street in Montreal, Canada, ending the practice of leased departments within the chain of clothing fashion boutiques.
1980 1993 Expansion By 1980, the company becomes independent and prospers. Over the course of the next 13 years, 95 freestanding stores operate under the trade name ALDO.
1991 The company launches the Transit banner in Canada, to cater to a younger client group.
1996 The company launches the FeetFirst banner which carries brand names that focus on comfort and thus caters to an older client group. 1993 2001 Evolution ALDO initiates its retail entry into the U.S. market. The first ALDO U.S. store opens near Boston, Massachusetts. Over the course of the next 9 years, approximately 125 stores open in the U.S. alone. By the end of this period ALDO also operates over 180 successful stores in regional malls and key fashion street locations in most major Canadian urban centers.
1994 First International Store ALDO ventures outside of North America under its first franchise agreement in Israel.
2001 Gulf States ALDO鎶� success in Israel sets the course for an International business model. ALDO grants franchise rights in United Arab Emirates and other Gulf states. A third franchise is later granted in Saudi Arabia.
2002 London ALDO graces the high streets of London, England, opening prime locations on Oxford Street and Neal Street. The brand also finds its way to the English countryside opening in mall locations including Basingstoke, Uxbridge, Camden, Croydon, Kent & Southampton.
2003 Asia ALDO expands to Asia, opening its doors in Singapore.
2004 Continuing Expansion With the success of ALDO's stores in the United Kingdom, the Middle East and Asia Pacific, the brand continues its global expansion into Portugal, Denmark, Malaysia, and Lebanon.
2005 Continuing Expansion ALDO is on the rise with new market openings in Australia, Ireland, India, South Africa and Poland. 2006 Continuing Expansion Another exciting year of growth as ALDO opens in China, Thailand, Taiwan, Russia, Egypt, Morocco and Jordan. 2007 Turkey, Romania, Venezuela, Panama, Indonesia, Philippines, Ukraine, Mexico and Chile join the ALDO family. By the end of 2007, over 800 ALDO stores will be operating in 40 countries across the world. In total the company also operates an additional 200 stores under its other banners.
2008 The re-branding of Transit into Spring is complete with the last Transit store re-opening at Spring in Cornerbrook Newfoundland. Aldo Groupe also starts a major environment protection program known as ALDO Next Step which eliminates the need for bags as shoe boxes have a handle attached to them so customers can easily carry them home.
References
ALDO Homepage
Categories: Shoe brands | Shoe companies | Shoe designers | Shoemakers
Hidden categories: Cleanup from March 2009 | Articles with sections that need to be turned into prose | Wikipedia articles in need of updating | Articles needing additional references from December 2007(and so on)

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