Quote:
Originally Posted by MichelKazan
Even if the Mega/Revenue Canada space is not enough square footage, could a Simons store in that spot be 2 levels? If I'm not mistaken, the downtown Montreal, Laval and Saint-Bruno stores are all 2 levels (haven't been to the other locations)..
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Good points. Even just on one floor I think the space is pretty close to being sufficient, so if they built over two floors it would be a no-brainer.
Quote:
Originally Posted by MichelKazan
I don't think it would be a good idea for The Bay at les Promenades to close even if Simons does move in shortly thereafter. Remember what happened in the late 90s when Eatons closed at the other end? That end of the mall was dead for years.
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It really depends on where the Hudson's Bay Company is at this point in its corporate evolution. If they are on the upswing and trying to rejuvenate themselves then Les Promenades offers great potential that they would be foolish to pass up. Especially if Simons comes there, it will become a major force to be reckoned with in the regional retail marketplace.
On the other hand if The Bay is in decline and they are just trying to stop the hemorrhage (à la Sears) then yeah stores like Gatineau are the ones they'd get rid of, while refocusing on the core landmark stores like Rideau St. Ste-Catherine, Yonge, etc.