[1][2] Kingswood, via a newly-formed subsidiary initially named MEC Canada Inc., assumed 21 stores from Mountain Equipment Co-op in late 2020.

This included ending the practice of MEC buying its own fabric for contractor production, which in the opinion of the new management resulted in waste and excessive risk.

[2] Additional plans include reducing the number of product brands offered and the variety of merchandise, as well as focusing on both new and established outdoor enthusiasts.

The previous MEC "Rock Solid Guarantee" that allowed any returns for any reason will be modified and made more limited, as it was identified as having been abused by some former co-op members in the past.

Eric Claus, MEC CEO and Chairman, stated that even while dealing with the COVID-19 imposed closures and restrictions, "in every single month [since the sale], we’ve made money".