The North West Company announced plans to complete three new capital projects in the Nunavut communities of Clyde River, Hall Beach and Pond Inlet in 2015. The plans include the construction of a new Northern store, and the expansion and remodeling of two existing Northern stores, representing an investment of approximately $11 million in the Nunavut economy. These expansion plans are expected to create more jobs in the retail, trade and construction sectors in the territory.

The newly remodeled store will have over 6,100 square feet of retail space and will offer a broader range of products and services. This will include an expanded grocery department which will feature a variety of fresh and healthy foods, a larger selection of general merchandise products, a post office and financial and tax services. Northern Hall Beach- The brand new retail and grocery store will offer over 4,600 square feet of retail space, with the existing Northern store converted into additional warehouse space.

The Northern Hall Beach store will offer a new shopping experience for community members including revamped services and a new self-serve prepared foods section. Northern Pond Inlet - The expanded Northern Pond Inlet store will offer an additional 3,900 of square feet of space, providing over 8,400 square feet of retail space. Northern Pond Inlet will include an expanded grocery department to include a broader assortment of produce and fresh foods, a self-serve prepared foods section, additional general merchandise products, post office and financial and tax services.

All three projects are expected to be completed by the summer of 2015. Each of the Northern stores will have a dedicated space for on-site staff training as part of their initiative to employ local community members in general and management positions. The three stores currently have a combined 45 total employees.

Upon completion, the three Northern stores are estimated to make a net annual economic contribution to the community of $12.8 million, a figure which includes capital, payroll, and other economic benefits. In addition, Northern continues to provide community support, including sponsoring local sports teams, school fundraisers and a local breakfast program.