Quote:
Originally Posted by acottawa
Not everyone can afford to shop at Nordstrom. Rideau Centre has carved out a great niche catering to the affluent (and the wannabes). St Laurent is presentable, is always packed, has limited vacancy (mostly on the office side) and offers stores and services catering to middle class and working class people in the city (probably the large majority). The expansion plan would have put it in direct competition with the Rideau Centre and would have made it completely out of place with the area.
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I agree, not everyone can afford stores like Nordstrom but by not expanding, they lost the opportunity to get low to mid-tier stores that consumers are craving for and need larger floor space such as Zara, H&M, Forever 21 , etc.... As stated by J.OT13, Place d’Orleans have landed an H&M and a Forever 21 Red, this would have made more sense for them to go to St. Laurent since it has more foot traffic and caters to the East Enders. They might now lose business to Place d’Orleans.
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