TORONTO, March 5, 2020 /CNW/ - Henry's, Canada's Greatest Camera Store, was honoured for overall business performance and sustained growth with the prestigious Canada's Best Managed Companies designation. The 2020 Best Managed program award winners are amongst the best-in-class of Canadian-owned and managed companies with revenues over $25 million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Now in its 27th year, Canada's Best Managed Companies remains one of the country's leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices.
Family-owned and operated for more than 100 years, Henry's has earned its reputation as "Canada's Greatest Camera Store" by providing expert advice, the best selection of gear and exceptional customer service to its loyal customers. Recognizing the need to transform while maintaining strength in its core digital imaging business, Henry's has evolved its retail format, sales model and expanded its customer focus to embrace the growing needs of content creators.
- The new modern and engaging in-store layout and design celebrates the art of photography, while delivering an inspiring customer experience. This redesign has led to notable increases in foot traffic, enhanced sales interactions, and greater customer engagement.
- The recent We Are All Creators marketing campaign shined a spotlight on the creative talents and expertise of Henry's 400+ store associates. This helped the brand, already recognized in photography and videography communities, to connect with the rapidly growing consumer segment of content creators through shared experiences grounded in support, inspiration and education.
- Henry's, like many family businesses, has continuously demonstrated a strong connection to local communities surrounding its retail settings, and continues to support both local and national initiatives that the brand's employees and customers feel connected to and inspired by. Later this month Henry's is launching the Henry's Foundation, a registered charity that works with a network of national and regional partners to support the improvement of mental health for Canadians everywhere.
"With over one hundred years of history behind us, Henry's is no stranger to changes in the market and has been through many transformations within the imaging category - and the retail sector - to meet the ever-evolving needs of our customers," said Gillian Stein, CEO, Henry's. "What differentiates our business from others, beyond having the best selection of product, is both the strength of our relationships with our customers, as well as our commitment to employees. We are extraordinarily proud to be named one of Canada's Best Managed companies, an award that recognizes businesses for building strategies and cultures that drive innovation and growth."
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. Winners of the Canada's Best Managed Companies award will be honoured at the annual Canada's Best Managed Companies gala in Toronto on April 1, 2020.
"Businesses today are faced with many challenges and must stay focused and agile in order to sustain and drive growth. They need to demonstrate resilience and commitment to their people, their purpose and their competitive position in the Canadian business world and this year's Best Managed winners are doing just that," said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada's Best Managed Companies program. "These companies can celebrate their accomplishments today and should be excited for tomorrow."
About Henry's, Canada's Greatest Camera Store
Proudly Canadian, family-owned and operated, Henry's first opened its doors in 1909 and has evolved into the leading specialty digital imaging retailer in Canada. With locations across Canada and a strong B2B and e-commerce business, they are the source for the best and newest products, expert advice and award-winning customer service in camera-related hardware and accessories for photography, videography and online content creation. Henry's carries over 15,000 imaging-related products from all of the top brands and is the source for creators across Canada. For more information please visit henrys.com
About Canada's Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada's Best Managed Companies new winner (one of the new winners selected each year); 2) Canada's Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
For further information: Devon Pool, Director, Marketing, Henry's, [email protected], 416-985-6447