Morgan's
| Table of contents |
|
2 The Morgan Family 3 Locations 4 See also |
History
In the fall of 1953, Morgan's opened a branch store in the Boulevard Shopping Centre in northeast Montreal. It was the largest shopping centre in Canada at the time and with its presence there, Morgan's expected to "usher in a new era of shopping convenience to thousands of new customers." Features of the new development included covered walks from bus stops to all stores, landscaped park areas and rest stations. Expansion into malls in other suburban areas quickly followed for Morgan's with locations such as the Dorval Shopping Centre, Lawrence Plaza in northwest Toronto and the Greater Hamilton Shopping Centre.
The history of the department store is one of innovation and influence. The modern department store denotes much more than simply a broadening of the range of goods offered for sale. It also marks a fundamental shift in management organization. In addition to goods being 'classified' according to type and presented to the public accordingly, the department store management model was increasingly decentralized. Individual department managers were responsible for purchasing, price setting, promotion and sales. They were expected to meet staff salaries as well as their assigned share of store overheads from the departmental budget. Morgan's was the first retail operation in Canada to adopt this type of organization, a transition that took place during the 1870s and 80s. Unlike its competitors, Morgan's did not have a formalized mail order division. Catalogues were occasionally produced however to advertise the types of goods available in store.
The Morgan Family
A Family Concern
In 1844 Henry Morgan left Glasgow to seek his fortune in Montreal. He was twenty-three years old and a veteran of the dry goods trade. Two years later he founded an enduring and successful family business, Henry Morgan & Co., that would last for four generations.
Henry Morgan never married, but his brother James had a son, also named James (James II), who followed his father into the family business in 1863. He was joined by his cousin Colin, son of a third Morgan brother, in 1869. Throughout the 1850s and 60s the business prospered. In 1877, under some financial pressure, Henry Morgan finally gave the younger generation a firm stake in its future. James II and Colin were each offered 5% ownership, Henry and James I retaining 45% apiece.
When Henry and James I died nine months apart in 1894, the business passed into the control of James II and Colin. In turn the control of the company would pass to James II's youngest son Harold and Colin's middle son Henry W. Morgan, though other family members pursued careers with Henry Morgan & Company.
J. Bartlett Morgan (Mr. Bart) was the younger son of F. Cleveland Morgan. He took control of the Company in 1956 and was the last Morgan to run the family business. In 1960 Henry Morgan & Company Ltd. was sold to Hudson's Bay Company, which operated the Montreal-area stores under the Morgan name until 1972.
Source: Hudson's Bay Company
Locations
- Montreal: Ste-Catherine St, Boulevard Shopping Centre, Dorval Shopping Centre
- Toronto: Lawrence Plaza
- Hamilton: Greater Hamilton Shopping Centre
See also
- List of Canadian department stores
- Hudson's Bay Company