WATT GROUP PURCHASES XYZ'S DESIGN
By Adnews Staff
Toronto-based retail, strategic marketing and design consultancy The Watt Group has purchased XYZ Design of Toronto. The Watt Group, a wholly owned subsidiary of Envoy Communications Group Inc., adds North American brands such as D'Agostino Markets of New York, Clearnet and Thrifty's to its roster of clients, which includes: Wal-Mart, Safeway, PETsMART and Do It Best Corp. XYZ Design's principal Thom Antonio has been appointed and will assume the role of vice president, retail-strategic with The Watt Group. "As the market for strategic retail design continues to grow internationally, we are increasing our focus on that important opportunity and building our business as a result," Geoff Belchetz, president and CEO of The Watt Group said. Financial details of the deal were not disclosed.