Quote:
Originally Posted by buzzg
Parkade is owned by a random cranky old man who lives in Toronto and sounds like has no interest in selling unless someone were to drastically overpay.
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I always found it weird how HBC disassociated itself completely from that parkade. It would be like if Safeway sold its parking lot to someone who ended up charging four bucks an hour to park there... what kind of effect would that have on Safeway's business? I'm no MBA business expert but I'm guessing it wouldn't be awesome.
I know that the opening of the Polo Park Bay location meant the downtown's store's fate was sealed, but in a city like Winnipeg, getting rid of the parking lot and the customer-friendly things that went along with it like validated parking was probably the beginning of the end for that store.