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Originally Posted by one_brick_at_a_time
Just chatted with a worker there. Cornwall Centre increased the lease and wanted them to renovate as well which they didn’t want to. Saskatoon will stay open. The store does need a renovation though so boo to the company for not wanting to invest in their Regina property. The store will be open until later January.
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Feel like Cornwall is vastly overplaying its hand. The mall renos were good (and long overdue), but they need some strong anchors... H&M, Lulu, Shoppers & the Bay aren’t enough. Gonna be hard to fill the Sears space with major tenants departing like crazy.
Rideau Centre in Ottawa reinvented itself from a mall that was starting to get run-down, to a high-end mall that can command equivalent rent. Cornwall is not Rideau, and downtown Regina is not downtown Ottawa (or Toronto or Vancouver).