Quote:
Originally Posted by optimusREIM
Right, I believe they weren't offered new leases or to move, and as a result decided that they didn't feel like relocating anywhere else. Maybe a soured relationship that will keep a cool retailer out of Winnipeg for the foreseeable future.
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Not confirmed but normally malls are paid based on sales per sq ft of leased space. It could be that Anthropologie and Urban Outfitters were significantly underperforming on that front. It is also a bit of an open secret that CF has AI monitored cameras through out their properties. It is possible they did a study on customer flow and saw that they customers those stores were bringing in were
ONLY going to those stores. CF is not above pushing tenants out and it has happened a lot over the years and not just to these two retailers.