Italian Centre Shop was recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving the prestigious 2024 Canada’s Best Managed Companies award. Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture & commitment, capabilities & innovation, governance, and financial performance.
“We are honoured to be named one of Canada’s Best Managed Companies of 2024,” said Teresa Spinelli, President, and owner of Italian Centre Shop. “This achievement reflects our unwavering commitment to excellence focused on top quality products and customer experience. We are here to create community through food and cultural experiences.”
Italian Centre Shop has earned its place as one of Canada’s Best Managed companies by prioritizing its people above all else. Teresa Spinelli, the owner and president, emphasizes that the heart of their success lies not in merely selling salami, but in nurturing a culture that values and invests in its employees. This commitment to their team, coupled with exceptional financial management practices, has propelled the company to new heights. Furthermore, their unwavering dedication to providing family-like customer service and their ability to adapt flexibly to changes in the industry solidify their position as industry leaders. At Italian Centre Shop, it’s not just about the products; it’s about fostering a community-driven environment where both employees and customers feel valued and supported.
The 2024 cohort of Best Managed companies share common themes such as having a people centric culture, targeting effective ESG strategies, and accelerating operational digitization.
“For over 30 years, the Best Managed program recognizes companies who see challenges as checkpoints and obstacles as opportunities,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners, including the Italian Centre Shop, have combined strategic expertise and a culture of innovation to not only drive impactful business outcomes, but serve their communities as well. They should be extremely proud of this designation and use it as a catalyst to continue the work they do every day.”
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. 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, The Globe and Mail, and TMX Group.
For more information, please contact:
[email protected] www.bestmanagedcompanies.ca
ABOUT THE ITALIAN CENTRE SHOP
The Italian Centre Shop is Alberta’s largest family-owned specialty food retailer and grocer, currently operating five locations in Edmonton, Calgary and Sherwood Park.
Founded in 1959 by Frank Spinelli and led today by daughter Teresa, the Edmonton-based grocer stocks local and imported produce, European specialty foods and products, provides wholesale distribution to over 800 restaurants across Alberta and has become a gathering place for Albertans with an affinity for great coffee and a love for their community.
Named one of “Canada’s Fastest-Growing Companies” by Canadian Business Magazine, one of “Canada’s Best Employers for Recent Graduates” by The Career Directory and one of “Alberta’s Top Employers” by the Calgary Herald and Edmonton Journal, the Italian Centre Shop continues to be a gathering place for Albertans of all ages and shopping destination for food enthusiasts, paying homage to old-world culinary traditions while celebrating life and how Albertans eat, today.
Contact information:
Ryan Von Eschen
Sales and Marketing Manager
(780) 994-4869
[email protected]
Want to keep up with new recipes, specials and in-store events? Sign-up to our newsletter.
