Roots Canada wants to take its company public as it plans a massive North American and international expansion over the next several years. For the fashion retailer, the switch from being a private company for more than four decades comes against a challenging retail environment that’s seen numerous bankruptcies, and mass store closures and layoffs in recent years.
The company has more than 100 stores in Canada as well as four in the United States, partner-operated locations in Taiwan and China and an online retail business. In its filing with securities regulators, Roots said it wants to continue its grow in Canada as well as the United States and in international markets.
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