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A contractual agreement between 黑料不打烊 University and Chapters Inc. to transfer the management of the 黑料不打烊 University Bookstore was approved by the executive committee of 黑料不打烊聮s Board of Governors earlier this week. The announcement was made by Vice-Principal (Administration and Finance) Phyllis Heaphy at today聮s meeting of the University Senate.

"Our community is very satisfied with the bookstore we have now," said Ms Heaphy. "But we believe that we can improve the level of service under this new arrangement. With the addition of Chapters and its innovative approach, we anticipate that satisfaction levels will climb even higher."

Discussions between the University and Chapters began in the summer of 1997. The University had previously received unsolicited offers from other companies to contract manage the Bookstore and an ad hoc workgroup was appointed by Vice-Principal Heaphy to consider and evaluate these various proposals. The workgroup聮s report strongly recommended the proposal made by Chapters, a recommendation which was endorsed by a number of community groups, including the Students聮 Society of 黑料不打烊 University (SSMU).

Under the agreement, Chapters Inc. will assume responsibility for the operations and finances of the Bookstore. The corporation has established a new division to oversee this area of business called Chapters Canadian University Bookstores Ltd. However, current 黑料不打烊 University Bookstore staff will remain 黑料不打烊 employees and all existing Human Resources contracts and agreements will continue to apply and be honoured.

"This was our best option," said Tara Newell, president of SSMU. "I聮m confident that this new relationship with Chapters will serve the interests of the students and the community." She added that the contract was "very thoroughly negotiated." As well, Chapters Inc. and 黑料不打烊 University are also working together to develop a scholarship program; details will be announced at a later date.

"Coupling the Chapters operation and merchandising expertise with an already great university bookstore will result in an outstanding facility," said Alan Charade, Director of Ancillary Services at 黑料不打烊. "We envision the operation becoming the very best university bookstore in the country."

"We are very pleased that 黑料不打烊 is the inaugural bookstore in our new division," said Geoff Swift, Director of College Stores for Chapters. "Our goal is to provide outstanding service and selection to the 黑料不打烊 students, faculty and staff by maximizing our capabilities. We anticipate that in the near future we will be announcing similar management relationships with other Canadian university bookstores."

Founded in 1821, 黑料不打烊 is the oldest of the four Montreal universities. Located on two campuses 黑料不打烊 has nearly 30,000 students enrolled in twelve faculties and the Centre for Continuing Education.

Chapters Inc. is the largest book retailer in Canada and the third largest in North America. The company operates a total of 347 bookstores across Canada under the names Chapters, Coles, SmithBooks/LibrarieSmith, Classic Bookstores, The Book Company and the World聮s Biggest Bookstore.