Value Drug Mart is a Western Canada drug store serving over 36 locations throughout Alberta and British Columbia.
50-518: What is now known as Value Drug Mart Associates Ltd. was founded by pharmacist Barry Katz (whose son Daryl Katz would go on to found Canada's largest chain of pharmacies, the Katz Group of Companies ) and twelve other pharmacists in 1978. Since 1983, VDMA has been the sole sponsor of the annual Value Drug Mart Spring Classic hockey tournament that takes place in Calgary, Alberta . The tournament
100-486: A 12,500-seat tennis and entertainment complex on the campus of York University. In January 2012, he sold Drug Trading Co. and Medicine Shoppe Canada to the U.S.-based drug distributor McKesson Corporation for $ 1.2 billion. Katz Group sold its network of approximately 460 outlets to McKesson Corporation in 2016 for C$ 3 billion. In May 2007, Katz made a $ 145-million bid to buy the Edmonton Oilers franchise, which
150-559: A 50,000 square foot public plaza, two office towers, a JW Marriott Hotel, a Gateway casino, over 1,000 luxury condos and rental apartments, and 270,000 square feet of retail space at a total cost of approximately $ 2.5 billion. In 2014, it was announced that the City of Edmonton and Stantec would be the major tenants of the two respective office towers. Stantec's tower will be the tallest in Edmonton at 69 stories. The Edmonton Arena District
200-557: A few smaller independent retailers. In 1997, he purchased the Ontario-based, 143-store Pharma Plus drugstore chain from the supermarket operator Oshawa Group for $ 100 million. Katz reportedly retains a small circle of highly paid executives who run the Katz Group. Rexall Pharmacy is run from Ontario, while other subsidiaries of Katz Group maintain private headquarters separate from Katz Group itself. In 1999 he ventured into
250-407: A lot of personal time, and often worked day and night for success on the national stage, and thanked his family for support in trying to find balance. Nicholson announced his resignation effective June 1, 2014, at a press conference on April 4, 2014. He began to consider his departure shortly after the 2014 Winter Olympics, stating that the time right for new leadership to take Hockey Canada to
300-502: A new company that will develop, produce and provide or arrange financing for feature films, television and digital projects. Katz’ interests in the company fall under the OEG umbrella. The partnership was dissolved in 2019 and Silver Pictures carried on under Hal Sadoff. Katz has said he bought the Oilers because he saw Edmonton's need for a new arena as an opportunity to be the catalyst for
350-774: A profitable business, and raised the profile of the World Juniors . In addition to his work on Canadian national hockey, he spent four years as an International Ice Hockey Federation vice-president and council member. Nicholson was inducted into the BC Sports Hall of Fame , and is a recipient of the Order of Hockey in Canada and the Queen Elizabeth II Diamond Jubilee Medal . He is married to Lorna Schultz Nicholson . Bob Nicholson
400-598: A provincial title, then attended Providence College on a scholarship. He began his hockey administrator career in 1975 with BC Hockey , and worked his way up to the Canadian Amateur Hockey Association in 1989. During his tenure as president of Hockey Canada, national teams won 71 medals in international competitions, including 44 gold medals, seven Olympic gold medals, 12 world junior titles, five men's world championships, and 10 women's world championships. He transformed Hockey Canada into
450-405: Is a weekend-long competition of ice hockey teams from across the province of Alberta. In addition to prescription drugs, lottery tickets, snack foods, soda, magazines, movies, books, fragrances, gift ware, and stationery are all sold in most locations. A post office is usually within some stores. Value Drug Mart operates over 35 locations in the provinces of Alberta and British Columbia . It
500-400: Is not a franchise; rather, the different locations own VDMA as shareholders. Daryl Katz Daryl Allan Katz (born May 31, 1961) is a Canadian billionaire businessman. Katz is the founder and chairman of the Katz Group of Companies , one of Canada's largest privately owned enterprises, with pharmacy, sports & entertainment, and real estate development businesses. Katz Group owns
550-549: The 2004 World Cup of Hockey . The Canadian women's team were undefeated in Olympic play during his tenure, and won four consecutive Winter Olympic gold medals in 2002, 2006 , 2010 and 2014; and won five IIHF World Women's Championships in 1999 , 2000 , 2001 , 2004 , 2007 , and 2012 . The Canadian junior team won a total of 12 IIHF World U20 Championships , including 7 while he was vice-president in 1990 , 1991 , 1993 , 1994 , 1995 , 1996 , and 1997 , and 5 while he
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#1732798825703600-625: The British Columbia Amateur Hockey Association . Nicholson served in this capacity until 1989, and continued with fundamental skills development while touring the province. He was also in charge of coaching clinics for the BCAHA, and led player development camps for annual junior Olympic programs, and the program of excellence for the Canada men's national junior ice hockey team . Nicholson also coached at
650-700: The Edmonton Oil Kings , the Oklahoma City Barons , and the Bakersfield Condors , through its OEG subsidiary. Nicholson said he chose to join OEG due to previous ties with Lowe and Katz on Canada's Olympic teams, to oversee completion of Rogers Place in 2016, and turn around a franchise criticized for poor scouting and player development, which had missed the playoffs every season since 2006. Nicholson immediately engaged with team scouts, and providing ideas on improvement for
700-624: The Edmonton Oilers and led the development of Rogers Place and the Ice District. Katz is a former lawyer and resides in Edmonton. Daryl Katz was born in 1961 in Edmonton, Alberta. His father was a pharmacist who founded Value Drug Mart in Edmonton in the 1970s. Katz attended the Jewish day school, the Edmonton Talmud Torah during his elementary years and then graduated from Jasper Place High School . He then attended
750-623: The International Ice Hockey Federation on September 25, 2012. He was chairman of the development and coaching committee, the competition and inline committee, and sat on the events and coaching committees. In this role, Nicholson had the privilege of awarding Team Canada gold medals at the 2016 IIHF World Championship . The Hockey News had speculated since 2012 that Nicholson would be in line to replace René Fasel as IIHF president, instead he remained vice-president until his term expired in 2016. Nicholson
800-553: The International Ice Hockey Federation , the National Hockey League , the Canadian Hockey League , and Hockey Canada branches to make a comprehensive hockey program for Canada, and the world. Nicholson also used others to bring change, including knowledgeable people in the hockey world with similar ideas, and not being afraid to change his mind as his personal strengths. Nicholson also sacrificed
850-928: The Mowat Cup for the British Columbia Hockey League championship, and then went on to win the Doyle Cup for the BC–Alberta championship in 1973. In the Western Canada finals for the Abbott Cup , Pentiction lost in seven games to the Portage Terriers from Manitoba. Nicholson attended Providence College on a scholarship to play NCAA hockey. While in Rhode Island , he played for head coach Lou Lamoriello , and
900-637: The National Hockey League to allow its players to participate in the Winter Olympic games, beginning with the 1998 Winter Olympics , which also marked the first time women's hockey was played in the Olympics. Nicholson served as president and chief executive officer of Hockey Canada from June 1, 1998, until June 1, 2014. He was considered a relative unknown in the hockey world when he took over as president. He credited his predecessor Murray Costello , for bringing him into Hockey Canada, and for
950-484: The Stollery Children's Hospital in Edmonton, as well as supporting public events. Between 2005 and 2010, Katz and his wife donated "over $ 50 million" to organizations and institutions across Canada. As of November 2022, Katz' net worth is reported at US$ 4.2 billion, according to Forbes . Katz is married to Renee Gouin. She is the daughter of Jean Yvon (Ivan) Gouin . In 1952, her father founded
1000-539: The Toronto Maple Leafs general manager position in 2003, and again in 2013, and was also rumored to be joining the front office of the Calgary Flames later in 2013. Nicholson's right-hand man during his tenure was vice-president Scott Smith , who was rumored to be Nicholson's successor, however, Tom Renney replaced Nicholson as president and CEO. Nicholson was elected a vice-president of
1050-543: The University of Alberta , graduating with an arts degree in 1982 and with a law degree in 1985. After school, he worked for a time at the law firm, Shoctor, Mousseau, and Starkman, and then started his practice focusing on corporate and franchise law. In 1991, in a partnership with his father, Katz paid $ 300,000 for the Canadian rights to the U.S.-based Medicine Shoppe drugstore franchise which had over 1,000 stores in
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#17327988257031100-522: The 2010, and 2014 Winter Olympics in Vancouver, and the growth of the World Juniors tournament. Nicholson offered some advice for his successor, which included keeping the game safe for youth, and being involved in small-town hockey across Canada, keep talking about the women's and sledge hockey programs, and the rest will take care of itself. Prior to his resignation, Nicholson was rumored for
1150-731: The City of Penticton 55 Award, and was inducted into the BC Hockey Hall of Fame. His uniform # 6 was retired in Penticton in 2005. Nicholson received the Queen Elizabeth II Diamond Jubilee Medal in 2013, to honour contributions to Canada. In 2014, he received the Canadian Hockey League Distinguished Service Award, the Ontario Hockey Association Gold Stick award, and was inducted into
1200-712: The Hockey Canada Skills Academy program, the Initiation Program, and grassroots initiatives. Hockey Canada became financially successful, as rights fees for the World Juniors Championships became lucrative. Profits were also reinvested in non-North American clubs to help perpetuate the annual event. At the local youth level, he helped maintain Canadian minor hockey enrollment of over 600,000 young players, and grass-roots efforts to curb injuries, violence, and maintain
1250-677: The North American Construction Group which became one of the largest mining and heavy construction companies in Canada. The couple have twin children, Chloe and Harrison, who are the founders of the nonprofit Hockey Helps Kids organization. In 2019, the Oilers Entertainment Group released a statement confirming that Katz has been suffering from a life-threatening, antibiotic-resistant bacterial sinus infection . Sportsnet hockey analyst John Shannon tweeted that Katz carried an IV bag around
1300-683: The Oilers. Nicholson also serves as an alternate governor for the Oilers on the National Hockey League board of governors. On April 20, 2015, Nicholson was appointed as chief executive officer of OEG, to oversee both the business and hockey operations. Later that week, Nicholson announced further management changes which brought in Peter Chiarelli in a dual role, to replace both Kevin Lowe as president of hockey operations, and Craig MacTavish as general manager. He also transferred Lowe to business duties, after LaForge stepped down. Nicholson
1350-556: The Olympics to enjoy it. Nicholson was credited with instilling team-building components for developing team chemistry quickly in shortened competitions, which helped the national men's team win its first Olympic gold medal after a 50-year drought. During his tenure, Canada won 71 medals in international competition including 44 gold, 20 silver, and 7 bronze. The Canadian men's team won three Winter Olympic Games gold medals in 2002 , 2010 , and 2014 ; three Ice Hockey World Championships gold medals in 2003 , 2004 , and 2007 ; and
1400-477: The U.S. with the purchase of the money-losing, $ 300 million in sales, Minnesota-based Snyders Drug Store chain; in 2001, he purchased the U.S.-based Drug Emporium big-box discount chain. His foray into the U.S. was not without failure: the Snyder's chain filed for bankruptcy in 2003 and its 25 stores were sold to Walgreens. In 2004, Katz purchased the naming rights for ten years to the new $ 45-million Rexall Centre ,
1450-460: The USA. In 1992, they opened the first Medicine Shoppe store and Katz founded the Katz Group of Companies which was to become the holding company for the group. In 1996, Katz purchased the storied but fading Rexall drugstore chain in Canada which at the time, only consisted of several dozen stores. The business grew and by 1998, the Katz Group consisted of 80 Rexall stores, 30 Medicine Shoppe outlets, and
1500-629: The acceptance deadline to February 5, 2008, at which time Katz was notified by the EIG that all its members agreed to sell the Oilers to him, pending league and financial approval. On June 18, 2008, Daryl Katz received the final OK from the National Hockey League to purchase the Edmonton Oilers, and then on July 2, 2008, he was officially announced as the owner of the Edmonton Oilers during a Press Conference at Rexall Place, where he
1550-441: The business side of Hockey Canada grew from 23 employees when he started, to nearly 120. Nicholson oversaw all components of the organization, including corporate sales and marketing, licensing, insurance and regulations, communications, and hockey development programs both nationally and internationally. He also led the 1999 Open Ice Summit and the 2010 World Hockey Summit , and the implementation of development programs such as
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1600-548: The case. In July 2022, Boston Ballet ballerina Dusty Button and her husband, defendants in a U.S. civil suit filed by Sage Humphries and six other ballerinas accusing the Buttons of sexual abuse, filed a counterclaim alleging that Katz paid Humpheries $ 75,000 in exchange for sexual favors. Humphries denied having had any sexual relationship with Katz. In August 2022, the couple voluntarily withdrew their claims against Katz; their lawyer issued an apology and requested that
1650-588: The clock during the Edmonton Oilers ’ playoff run in 2017. He also underwent three surgeries in ten months to battle the infection which has a 50-50 survival rate, and his current prognosis looks positive. In early 2017, Katz was accused by Brazilian actress and model Greice Santo and her husband R. J. Cipriani of offering money to the former in exchange for sexual favors. Santo also denounced Michael Gelmon, Katz's cousin and associate, for defending him and threatening to end her career in Hollywood if she spoke about
1700-502: The court strike all relevant references from the record. Bob Nicholson (ice hockey) Bob Nicholson (born May 27, 1953) is a Canadian ice hockey executive, administrator, and businessman. He has worked for Oilers Entertainment Group (OEG) since 2016, and was previously the president and chief executive officer of Hockey Canada from 1998 to 2014. Nicholson grew up playing hockey in Penticton , British Columbia , winning
1750-503: The junior A level, and the provincial Under-17 team at the Winter Canada Games . During the 1988 Winter Olympics in Calgary , Nichsolson was a commentator for CBC Sports . Nicholson was named vice-president of technical operations by the Canadian Amateur Hockey Association as of July 1, 1989, when the organization looked to improve domestic programs, and became more involved in the growth of international hockey. He
1800-490: The new home of the Edmonton Oilers. In addition to the Oilers, OEG owns and operates the Edmonton Oil Kings (WHL), and Bakersfield Condors (AHL) as well as Aquila Productions (film & production company). Nicholson was named CEO of OEG in April 2015 and given responsibility for both business and hockey operations. In April 2015, Katz announced a partnership with Joel Silver to create Silver Pictures Entertainment –
1850-465: The next level, and that he would miss having "greatest job in hockey in the world." He wanted to be remembered for his impact on people, and keeping his focus on children playing the game. Hayley Wickenheiser stated that he had done a lot for her career, the national women's program, and for hockey in Canada. His personal highlights include the Canadian men's sledge hockey team winning its first gold medal, Canada's men's and women's teams winning gold at
1900-523: The opportunity to build on Costello's work. Nicholson's vision for Hockey Canada was to make it a more self-sufficient business, to ensure Canadian youth could play the game in a safe and fun environment, and to promote skills development and coaching education. He wanted Canadian hockey teams to aim for gold at international competitions, and disagreed with the Canadian Olympic Committee talking about personal bests, and just going to
1950-627: The owners of the team, the Edmonton Investors Group (EIG), quickly rejected, stating the team was not for sale. In July 2007, he made another bid for the Oilers of $ 185-million, which EIG turned down on August 7, 2007. On December 12, 2007, Katz made an offer of $ 188-million to the EIG. The Board of the EIG announced in January 2008 that it would again recommend to its shareholders to reject this latest bid. On January 28, 2008, Katz increased his offer to $ 200 million and extended
2000-756: The project began March 2014. Opened in September 2016, Rogers Place was marketed as one of North America's most advanced sports & entertainment venues, active year-round and featuring a 24,000 square foot grand entrance-way called the Ford Hall which can be used as public/private programmable space. With Rogers Place at its core, Katz Group has begun construction of the Edmonton Arena District (EAD), slated to be Canada's largest mixed-use sports and entertainment development. The EAD will cover 25 contiguous acres of downtown Edmonton, and feature
2050-404: The quality of coaching. Nicholson recognized the need to surround himself with good people, such as choosing Steve Yzerman , and Mike Babcock to lead the way for the national men's team in the 2010, and 2014 Winter Olympics. He also looked to create a network of businesses and leagues, which included developing a television deal with The Sports Network to generate income, and reaching out to
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2100-525: The revitalization of Edmonton's downtown core. Following public consultations and negotiations with the City of Edmonton , Katz Group and the city agreed to a public-private partnership to build Rogers Place arena, which would see the city retain ownership of the new arena, and Katz Group operate it (under OEG). The City's portion of arena funding will be paid through a Community Revitalization Levy and will not result in any new cost to taxpayers. Construction on
2150-460: Was appointed CEO and vice-chair of OEG on April 24, 2016. He then oversaw expansion of OEG's assets, fan experiences, sponsorships, and operating Rogers Place. As of 2023, he serves as special advisor of hockey operations for OEG, and sits on the board of directors. From 2019 to June 2023, he was chairman of the Edmonton Oilers. Nicholson is married to Lorna Schultz Nicholson , and they have two daughters and one son. In 2004, Nicholson received
2200-548: Was appointed vice-president of programs for the CAHA in 1990, then senior vice-president in 1992. He continued in the same role after the merger of the CAHA with Hockey Canada in 1994. During that time he was responsible for overseeing the new Canada women's national ice hockey team program, the existing Canada men's national junior ice hockey team, coaching and refereeing certification, developmental programs, marketing, licensing and special events. Nicholson helped negotiate with
2250-597: Was born May 27, 1953, in Vancouver , British Columbia. He grew up in Penticton , and played pond hockey and minor ice hockey in the Okanagan area. His midget team was coached by Ivan McLelland , and won a provincial championship. Nicholson moved up to the junior ice hockey level, played three seasons with the Penticton Broncos , and was named team captain in his third season. His Broncos team won
2300-928: Was formally renamed the Ice District on July 13, 2015. In October 2006 Katz announced a $ 7 million donation to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences and Faculty of Law. Matched by the province, the gift was the largest donation ever to a Canadian pharmacy school. The west wing of the Health Research Innovation Facility at the corner of 87th Avenue and 114th Street in Edmonton has been named The Katz Group Centre for Pharmacy and Health Research. In 2009 Katz donated $ 20 Million to Mount Sinai Hospital in Toronto and founded The Daryl A Katz Centre For Urgent And Critical Care. Katz has also given "millions" to
2350-399: Was hired by Daryl Katz on June 13, 2014, to oversee business operations and serve as vice-chairman of the Oilers Entertainment Group (OEG), working with Kevin Lowe in charge of hockey operations, and Patrick LaForge in charge of day-to-day business operations. The announcement came as part of a corporate restructuring for the Katz Group of Companies , which owns the Edmonton Oilers ,
2400-403: Was presented with an Edmonton Oilers Jersey with the number "08" and his last name patched onto the back. In June 2014, Katz Group announced that Bob Nicholson would join the organization as Vice-Chairman of Oilers Entertainment Group (OEG), a new sports and entertainment company that would manage the Katz Group's growing family of sports and entertainment assets, and operate Rogers Place ,
2450-606: Was president in 2005 , 2006 , 2007 , 2008 , and 2009 . The Canadian under-18 men's team won the IIHF World U18 Championship in 2003 , 2008 , and 2013 . The Canadian under-18 women's team won four IIHF World Women's U18 Championships in 2010 , 2012 , 2013 and 2014 . The Canada men's national ice sledge hockey team won its first-ever gold medal, at the 2006 Winter Paralympics , and won two International Paralympic Committee World Championships in 2000 and 2008 . Under his management,
2500-573: Was teammates with Brian Burke , and Ron Wilson . Nicholson's career as a hockey administrator began in 1975, when he accepted a job at the Oak Bay Recreational Centre, in Greater Victoria , British Columbia. In Oak Bay, he created programs for youths to play hockey for fun and develop skills, and successfully grew enrollment each year, then he was hired by Dave Andrews in 1979, to become technical director of
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