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Originally Posted by saskdave
I also heard from a connection with the Southland mall that Walmart will be moving out of the mall and opening a new store in the SW area. They also said Stupidstore...er Superstore would be building there and that the South Canadian Tire store would be moving as well. What do you think?
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I think Walmart leaving Southland Mall to a freestanding store in Harbour Landing has been a poorly kept secret. There had been talk of Walmart wanting out ever since they escaped Northgate for a freestanding store.
(Freestanding stores tend to be more profitable because they are a destination, not just a stop to browse so much.)
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Continuing my randomn ramblings.....I also heard the other day that Sobeys is negotiating with Safeway to take over all of their Western Canadian Stores...if that did happen that would result in a whole lot of building issues across Western Canada as they consolidated operations....may just be a rumour but the person who told me works at Sobey HQ.
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I can't see this takeover happening, but you never know.
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