Thread: Retail News
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Old Posted Feb 12, 2008, 5:11 PM
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fastcarsfreedom fastcarsfreedom is offline
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Join Date: May 2006
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RTH it is sort of funny how they are playing coy about Eastgate--I'm guessing that HBC has made the request to avoid the appearance that Sears is "replacing" or "taking over" the location--which it is in essence doing--but you can understand for competitive reasons why The Bay would want to avoid this appearance. The demographic in that end of the city continues to change and I would guess Sears will do better there as they are in more product categories (like hardgoods) and have a slightly lower price-point. They'll likely do a nice job outfitting the store--their new locations with the full Lands End "store-within-a-store" concept look great. Amazing though, as Department Stores go, no one has yet touched Eaton's last interior layout at Lime Ridge for attractiveness and functionality.

Haven't heard anything about the "major tenant" for the Centre--I frankly think it's a bit of a ruse--and likely the "big" announcement will be another poorly kept secret--such as the fact that the Real Canadian Superstore is opening it's "first" location in Hamilton.
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