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  #3621  
Old Posted Jul 23, 2025, 8:41 PM
kwoldtimer kwoldtimer is offline
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Not exactly retail, but I'm told that Travac travel agency and Service Ontario will be moving to Carlingwood Mall from Westgate in the fall. Kardish permanently closed the Westgate location and the barbershop is moving to a new location on Carling, so I don't know whether anybody else is planning to move over to Carlingwood. The Westgate Shoppers Drug Mart is apparently staying put when the rest of the mall comes down.
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  #3622  
Old Posted Jul 27, 2025, 2:32 AM
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Hudson's Bay reaches deals to sell leases for six of its store locations
Hudson's Bay put its leases up for sale earlier this year after closing its doors for good

Ian Bickis · The Canadian Press
Posted: Jul 25, 2025 5:22 PM EDT | Last Updated: July 25


Hudson's Bay has reached deals to sell the leases of six store locations, as legal wrangling continues on work to close a deal to sell up to 25 leases to B.C. billionaire Ruby Liu.

Legal filings show clothing retailer YM Inc., which owns brands such as Urban Planet, Bluenotes, West49 and Suzy Shier, has struck a deal to buy five leases for $5.03 million. The documents show it was unable to secure landlord approvals for three other locations.

The five leases include Vaughan Mills in Vaughan, Ont., Tanger Outlets in Kanata, Ont., Outlet Collection in Winnipeg, CrossIron Mills near Calgary, and Toronto Premium Outlets in Halton Hills, Ont.

YM had also sought to buy leases in Pickering, Ont., Saskatoon and a location in Edmonton for $1 million, but landlord waivers weren't secured for those properties.

Separately, Ivanhoe Realties Inc. has agreed to pay $20,000 for a lease at Metrotown in Burnaby, B.C., that its parent company Ivanhoe Cambridge owns.

The deals, which require court approval before any leases can be transferred, mark the Bay's latest attempt at recouping money for its lenders and hundreds of creditors who are owed almost $1 billion collectively.

Hudson's Bay put its leases up for sale earlier this year, after it filed for creditor protection and closed its 80 stores and 16 under its sister Saks banners.

A dozen bidders made offers on a total of 39 properties.

One of the bidders who wanted those spaces was Liu.

She paid $6 million for three leases at malls she owns — Woodgrove Centre in Nanaimo, Mayfair Shopping Centre in Victoria and Tsawwassen Mills in Delta. That deal got court approval last month and the leases were transferred back to Liu.

Liu was also chosen by the Bay to buy 25 other leases. Landlords are fighting that sale because they say she has not filed a business plan that is credible or realistic.

Court filings show Hudson's Bay is looking for more time to close the YM and Ivanhoe transactions, seek approval of the Liu deal and conduct an auction of art holdings, among other measures aimed at maximizing returns to stakeholders.

It's seeking an extension of creditor protection from the July 31 deadline to Oct. 31 to complete the efforts.

With files from Tara Deschamp, The Canadian Press

https://www.cbc.ca/news/business/hud...sold-1.7594482
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  #3623  
Old Posted Jul 27, 2025, 1:23 PM
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Never knew there was an HBC at Tanger.
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  #3624  
Old Posted Jul 27, 2025, 1:40 PM
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Never knew there was an HBC at Tanger.
I assume they are referring to the Sak’s off fifth.
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  #3625  
Old Posted Jul 27, 2025, 2:05 PM
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I assume they are referring to the Sak’s off fifth.
Right...
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  #3626  
Old Posted Jul 28, 2025, 1:09 PM
SkeggsEggs SkeggsEggs is offline
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this article explicitly mentions saks locations: https://retail-insider.com/retail-in...res-in-canada/
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  #3627  
Old Posted Aug 2, 2025, 1:15 AM
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HBC leases at St. Laurent, Bayshore among those B.C. billionaire Ruby Liu wishes to buy

Marissa Galko, OBJ
July 31, 2025


Store leases belonging to Hudson’s Bay Company (HBC) at St. Laurent Shopping Centre and Bayshore Shopping Centre are among the 25 that B.C. billionaire Ruby Liu wishes to purchase, according to court documents released yesterday. The documents, which were added to the court-appointed monitor’s publicly accessible service list Wednesday, show that the 25 leases being sought for purchase by Liu and her company Central Walk were valued at $69.1 million for stores throughout B.C., Alberta and Ontario. The lease at St. Laurent Shopping Centre had the highest singular bid among the 25 at $5 million, while Bayshore Shopping Centre was listed at $1.83 million. A source who is working closely with Liu told OBJ on Thursday that St. Laurent got the highest bid due to its lengthy lease term, which spans to the year 2091. The source, who did not wish to be named, added that it’s encouraging to see Ottawa getting two bids. “In terms of the Ottawa market, it is interesting that Ruby wants to be in the Ottawa market. I think it speaks to the strength of the population and the market. She clearly saw there was demand there,” the source said. If Liu is able to secure the leases, she plans to fill the locations with a new department store named after herself inspired by similar concepts seen in Japan, according to the source. While the source said the “high-level vision” is still being crafted, Ruby Liu stores would be similar to other department stores, with a variety of designer clothes, makeup and perfumes, but would be “elevated” with more focus on experiences.

“What we know is that these stores are going to be positioned as being experiential and the hope is that the stores will drive foot traffic … I think the stores would be a benefit to these malls,” the source told OBJ. Ruby Liu stores would fit into one of three categories; standard, platinum and flagship. Standard stores would require light renovation, approximately three to six months’ worth, and operate on a smaller footprint. A flagship store, the source told OBJ, would be “in excess of 150,000 square feet, better renovated and have more amenities.” “It’s going to be elevated and it may have other uses, as long as the landlord permits it. Grocery (and) food vendors, these are things that have been talked about by Ruby Liu. What the team will need to do is determine what is allowed within those specific leases,” the source said. The source said Bayshore has potential to be a flagship due to its size at 180,000 square feet. The landlord at Bayshore is listed in the court documents as Cushman & Wakefield. The St. Laurent store is 145,000 square feet. The landlord is listed as Morguard Investments. The move to acquire several Bay locations and turn them into department stores was a strategic choice by Liu, according to the source.

“The cost of acquiring them would be much lower than if she was doing it one by one. It’s a way to scale the business. The other thing as well is to scale a business like this in terms of getting brands that you would want, you’re not going to have Calvin Klein or Polo Ralph Lauren interested in one store location … A department store in Canada (would) probably need at least 15 stores to get brands and vendors interested in partnering,” the source said. The final decision on whether Liu will take over the 25 leases, including the two Ottawa stores, will be made following an Aug. 28 hearing. Hudson’s Bay closed its doors in June after filing for creditor protection in March. In March, the department store began looking for businesses to take over its 39 leases. Liu and her company, Central Walk, have already taken over three former Bay locations at the B.C. malls she owns, but wish to purchase an additional 25. Some mall landlords have opposed Liu’s bid for the former Bay locations as they feel she has not provided enough information on what she intends to do on their properties.

Liu is budgeting $375 million for the endeavour and says $120 million will be spent on "overdue" repairs to roofs, HVAC systems, washrooms, elevators and escalators. She also says $135 million will be spent on initial inventory. Liu projects that her plan to acquire the 25 leases will create at least 1,800 jobs and generate more than $420 million in annual sales by 2027. On Thursday morning, the collapsed retailer will ask the Ontario Superior Court to allow it to sell five leases to clothing company YM Inc. and one to Ivanhoe Realties Inc.

YM Inc. owns a slew of mall brands including Bluenotes, Urban Planet, Suzy Shier and West 49. It wants to pay $5.03 million to take over properties the Bay and its sister Saks business held at Vaughan Mills in Vaughan, Tanger Outlet in Kanata, Outlet Collection in Winnipeg, CrossIron Mills in Rocky View, Alta., and Toronto Premium Outlets in Halton Hills. YM has not said which of its brands will move into each site but the Bay said in court filings made last week that the landlords of all five properties have given their blessing to the prospective new tenant. The retailer is expected to use the remainder of the hearing to push for its creditor protection to be extended to Oct. 31. The company said the extension will give it more time to prepare its art and artifacts for auction and get approval to sell the 25 additional leases to Liu. A judge has given all parties in the case a series of August deadlines to produce documents and file motions, allowing the court to hear arguments around whether Liu should get the leases at the end of next month.

– With additional reporting from The Canadian Press

https://obj.ca/hbc-leases-st-laurent...wishes-to-buy/
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  #3628  
Old Posted Aug 3, 2025, 8:47 PM
BlackRedGold BlackRedGold is offline
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Originally Posted by skyscraperaccount View Post
The closed Sobey's at 700 Terry Fox @ Hazeldean in Kanata is going to be a Farm Boy, presumably the one up the road that is parking constrained will be making the move there(??)

A new Farm Boy will be going in at Bank St @ Dun Skipper Dr.

https://www.farmboy.ca/future-store-...%20and%20value.
That'll leave the area with 3 Sobeys. I wonder how long the one on March Road and the two in Orleans will last before they're turning into Farm Boys or FreshCos.
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  #3629  
Old Posted Aug 5, 2025, 12:24 PM
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That'll leave the area with 3 Sobeys. I wonder how long the one on March Road and the two in Orleans will last before they're turning into Farm Boys or FreshCos.
Already 2 FarmBoys in Orleans. The issue with Sobey's is that the ketchup bottle they sell at FoodBasics is $3.99 and their's in $5.99. I live really close to SObey's but only shop there if I really need something quick, their prices are out of control vs FoodBasics for example. I can't believe people do their full groceries there. I would estimate that your $100 cart of groceries at FoodBasics is easily $140 at Sobeys. Sure they have more meat and fish selection but just buy that from them when you need it. FarmBoy is one level higher but they offer a much more premium experience with certain items - again I only selectively shop there
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  #3630  
Old Posted Aug 5, 2025, 12:47 PM
acottawa acottawa is offline
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I generally buy treats and produce/meat from Farm Boy (usually on sale) and packaged stuff from Food Basics. I don't really understand how any of the mainline brands (Loblaws/Metro/Sobeys) are still in business with what they charge.
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  #3631  
Old Posted Aug 7, 2025, 1:38 PM
Tesladom Tesladom is offline
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Originally Posted by acottawa View Post
I generally buy treats and produce/meat from Farm Boy (usually on sale) and packaged stuff from Food Basics. I don't really understand how any of the mainline brands (Loblaws/Metro/Sobeys) are still in business with what they charge.
People as lazy I guess, others like the "upscale" experience or one-stop shopping. However, I don't see many new Metro locations opening, they seem to be focusing on FoodBasics banner for new expansions.
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  #3632  
Old Posted Aug 7, 2025, 2:21 PM
LeadingEdgeBoomer LeadingEdgeBoomer is offline
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People as lazy I guess, others like the "upscale" experience or one-stop shopping. However, I don't see many new Metro locations opening, they seem to be focusing on Food Basics banner for new expansions.
The Food Basics store closest to me is bigger and better than the Metro store that is closest to me. I do not have any incentive to choose Metro over Food Basics.
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  #3633  
Old Posted Aug 28, 2025, 12:39 AM
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Almonte’s Equator Coffee Roasters quietly taking over from Starbucks at Indigo-Chapters

Marissa Galko, OBJ
August 26, 2025


Almonte-based Equator Coffee Roasters is taking over the Starbucks location inside the Indigo-Chapters on City Park Drive in Gloucester, continuing what has become a blossoming partnership with the Canadian bookseller.

Craig Hall, founder and president of Equator, told OBJ on Tuesday that the partnership began when Starbucks started closing its Indigo locations a few years ago and one of his cafe’s co-owners, James King, saw an opportunity.

King, who co-owned an Equator cafe next to the Indigo in Barrhaven, got in touch with Indigo about opening an Equator cafe in the spot vacated by Starbucks.

“(It was) just his tenacity of keeping in touch with Indigo and figuring out who to talk to and offering to put a cafe and they finally responded. That was a good two years of him knocking on the door and that was our first opportunity. (King) and his wife Sandy kind of made that happen,” Hall told OBJ.

From there, Hall said a relationship between Equator and Indigo was established and he continued to look for opportunities to expand the brand through the partnership.

The new location on City Park Drive in Gloucester will mark the third time Equator has partnered with Indigo to open a cafe. The location in Barrhaven, co-owned by King, opened in November 2023 and a Kanata Centrum location opened earlier this year in March. Equator has standalone cafes in Kanata, Westboro and inside the National Arts Centre.

The Starbucks at the Gloucester Indigo left about two years ago and Hall said it was one of the first locations that his coffee company considered in looking for expansion opportunities.

“We looked at it as one of the first opportunities but then (Kanata) Centrum came up and we jumped on that one first. Our home base is in Almonte so Kanata was closer,” he said, adding that the Gloucester deal was inked about two months ago.

With an opening planned for the end of September, Hall said the new location will help Equator engage with a new clientele as it makes its first foray into the east end of Ottawa.

“By this time we’ve been in business for 25 years. Most people have heard of us that are into coffee. So I think there will be a certain group that will be glad that we’re there,” he said.

He said customers can expect a friendly environment and specialty coffees that pair well with a book. Hall added that he hopes the new location will allow him to continue to communicate the unique way Equator purchases coffee.

“As a member of an importing cooperative that buys directly from small farmer cooperatives we have a really strong and clear relationship with the people we purchase coffee from,” he said. “We just want to prepare that coffee really well and have the customer have a good experience and come back.”

Hall said partnerships with two “national brands” is encouraging for Equator’s mission to promote fair trade coffee.

“The NAC, they have a vetting procedure for what kind of companies they would like to work with. I think it just shows that we’ve been doing a good job for a long time … People are looking for a safe bet, someone who can consistently pull it off,” he said.

Looking to the future, Hall said there may be an opportunity to open another Equator cafe at an Indigo location in Peterborough, but there are no deals inked just yet.

“(Peterborough is) a little farther out from our home base and we’re very local. So looking to get outside the city is a bit challenging, but we like the partnership,” Hall said.

According to the company’s website, Hall and his wife started Equator in 1998 after he graduated with an international development degree. He wanted to apply what he had learned about fair trade coffee and start a business that would benefit vulnerable coffee farmers on the other side of the world.

Hall was a recipient of a Forty Under 40 award in 2012.

https://obj.ca/equator-coffee-roaste...rbucks-indigo/
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  #3634  
Old Posted Aug 28, 2025, 2:26 PM
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New grocery store opens in Ottawa’s Centretown neighbourhood

By Josh Pringle, CTV News
Updated: August 28, 2025 at 9:23AM EDT | Published: August 28, 2025 at 6:48AM EDT




Shoppers in Ottawa’s Centretown neighbourhood have a new option for grocery shopping, as Food Basics opens its first urban concept store in the capital.

Food Basics officially opened its new store on Queen Street at 7:30 a.m. Thursday.

“The 150th Food Basics location is designed with downtown shoppers in mind; efficient layouts, fast self-checkout options, and the same low prices Food Basics is known for,” Food Basics said in a statement.

The grocery store is located in the Claridge Moon building on Queen Street at Lyon Street, near the Lyon O-Train station.

The 22,000 sq. ft. store will employ 90 people.

“We’re proud to bring Ottawa its first urban-format Food Basics, offering even more ways for residents to save on quality products,” said John Manax, vice-president of Operations at Food Basics.

“No matter where you live, people are always looking for ways to save. Residents who may be first-time shoppers at Food Basics will get to know us as a discount grocer that is a reliable source for fresh, always in-stock, healthy food at great prices.”

According to the Food Basics website, the store will be open from 8 a.m. to 9 p.m. Monday-Friday and 8 a.m. to 8 p.m. on Saturday and Sunday.

This is a developing story.

https://www.ctvnews.ca/ottawa/articl...neighbourhood/
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  #3635  
Old Posted Aug 28, 2025, 2:55 PM
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Quote:
Originally Posted by rocketphish View Post
This is a developing story.
__________________
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Enjoy my taxes, Orleans (and Kanata?).
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  #3636  
Old Posted Aug 28, 2025, 3:19 PM
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CTV 'breaking news'.
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  #3637  
Old Posted Aug 28, 2025, 6:28 PM
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This is a developing story.

Really everything on skyscraper page is
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  #3638  
Old Posted Aug 28, 2025, 6:32 PM
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HBC leases at St. Laurent, Bayshore among those B.C. billionaire Ruby Liu wishes to buy

Marissa Galko, OBJ
July 31, 2025


Store leases belonging to Hudson’s Bay Company (HBC) at St. Laurent Shopping Centre and Bayshore Shopping Centre are among the 25 that B.C. billionaire Ruby Liu wishes to purchase, according to court documents released yesterday. The documents, which were added to the court-appointed monitor’s publicly accessible service list Wednesday, show that the 25 leases being sought for purchase by Liu and her company Central Walk were valued at $69.1 million for stores throughout B.C., Alberta and Ontario. The lease at St. Laurent Shopping Centre had the highest singular bid among the 25 at $5 million, while Bayshore Shopping Centre was listed at $1.83 million. A source who is working closely with Liu told OBJ on Thursday that St. Laurent got the highest bid due to its lengthy lease term, which spans to the year 2091. The source, who did not wish to be named, added that it’s encouraging to see Ottawa getting two bids. “In terms of the Ottawa market, it is interesting that Ruby wants to be in the Ottawa market. I think it speaks to the strength of the population and the market. She clearly saw there was demand there,” the source said. If Liu is able to secure the leases, she plans to fill the locations with a new department store named after herself inspired by similar concepts seen in Japan, according to the source. While the source said the “high-level vision” is still being crafted, Ruby Liu stores would be similar to other department stores, with a variety of designer clothes, makeup and perfumes, but would be “elevated” with more focus on experiences.

“What we know is that these stores are going to be positioned as being experiential and the hope is that the stores will drive foot traffic … I think the stores would be a benefit to these malls,” the source told OBJ. Ruby Liu stores would fit into one of three categories; standard, platinum and flagship. Standard stores would require light renovation, approximately three to six months’ worth, and operate on a smaller footprint. A flagship store, the source told OBJ, would be “in excess of 150,000 square feet, better renovated and have more amenities.” “It’s going to be elevated and it may have other uses, as long as the landlord permits it. Grocery (and) food vendors, these are things that have been talked about by Ruby Liu. What the team will need to do is determine what is allowed within those specific leases,” the source said. The source said Bayshore has potential to be a flagship due to its size at 180,000 square feet. The landlord at Bayshore is listed in the court documents as Cushman & Wakefield. The St. Laurent store is 145,000 square feet. The landlord is listed as Morguard Investments. The move to acquire several Bay locations and turn them into department stores was a strategic choice by Liu, according to the source.

“The cost of acquiring them would be much lower than if she was doing it one by one. It’s a way to scale the business. The other thing as well is to scale a business like this in terms of getting brands that you would want, you’re not going to have Calvin Klein or Polo Ralph Lauren interested in one store location … A department store in Canada (would) probably need at least 15 stores to get brands and vendors interested in partnering,” the source said. The final decision on whether Liu will take over the 25 leases, including the two Ottawa stores, will be made following an Aug. 28 hearing. Hudson’s Bay closed its doors in June after filing for creditor protection in March. In March, the department store began looking for businesses to take over its 39 leases. Liu and her company, Central Walk, have already taken over three former Bay locations at the B.C. malls she owns, but wish to purchase an additional 25. Some mall landlords have opposed Liu’s bid for the former Bay locations as they feel she has not provided enough information on what she intends to do on their properties.

Liu is budgeting $375 million for the endeavour and says $120 million will be spent on "overdue" repairs to roofs, HVAC systems, washrooms, elevators and escalators. She also says $135 million will be spent on initial inventory. Liu projects that her plan to acquire the 25 leases will create at least 1,800 jobs and generate more than $420 million in annual sales by 2027. On Thursday morning, the collapsed retailer will ask the Ontario Superior Court to allow it to sell five leases to clothing company YM Inc. and one to Ivanhoe Realties Inc.

YM Inc. owns a slew of mall brands including Bluenotes, Urban Planet, Suzy Shier and West 49. It wants to pay $5.03 million to take over properties the Bay and its sister Saks business held at Vaughan Mills in Vaughan, Tanger Outlet in Kanata, Outlet Collection in Winnipeg, CrossIron Mills in Rocky View, Alta., and Toronto Premium Outlets in Halton Hills. YM has not said which of its brands will move into each site but the Bay said in court filings made last week that the landlords of all five properties have given their blessing to the prospective new tenant. The retailer is expected to use the remainder of the hearing to push for its creditor protection to be extended to Oct. 31. The company said the extension will give it more time to prepare its art and artifacts for auction and get approval to sell the 25 additional leases to Liu. A judge has given all parties in the case a series of August deadlines to produce documents and file motions, allowing the court to hear arguments around whether Liu should get the leases at the end of next month.

– With additional reporting from The Canadian Press

https://obj.ca/hbc-leases-st-laurent...wishes-to-buy/

The list:

Shopping Centre Consideration
Coquitlam Centre $2,333,333
Guildford Town Centre $3,500,000
Orchard Park Shopping Centre $1,333,333
Willowbrook Shopping Centre $2,833,333
Richmond Centre $2,833,333
Fairview Mall $2,833,333
Sherway Gardens $4,333,333
Centrepoint Mall $3,833,333
Hillcrest Mall $4,500,000
Masonville Place $800,000
Bayshore Shopping Centre $1,833,333
St. Laurent Shopping Centre $5,000,000
Mapleview Centre $2,500,000
Oshawa Centre $2,000,000
Conestoga Mall $633,333
Bramalea City Centre $2,833,333
Lime Ridge Mall $833,333
Markville $2,833,333
Upper Canada Mall $833,334
Fairview Park $1,833,334
CF Market Mall $4,833,334
Chinook Centre $4,833,334
West Edmonton Mall $3,833,334
Southgate Shopping Centre $3,500,000
Southcentre Mall $1,833,334
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  #3639  
Old Posted Aug 29, 2025, 5:48 PM
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Ruby Liu’s plan for former Hudson’s Bay stores is ‘doomed to fail,’ lawyer says

Susan Krashinsky Robertson, The Globe and Mail
Aug 29, 2025 | Published 1 hour ago




https://www.theglobeandmail.com/busi...ng-lease-sale/
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  #3640  
Old Posted Sep 2, 2025, 6:11 PM
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Almonte’s Equator Coffee Roasters quietly taking over from Starbucks at Indigo-Chapters

Marissa Galko, OBJ
August 26, 2025


https://obj.ca/equator-coffee-roaste...rbucks-indigo/
Happy to see this. It's always frustrating to see the old Starbucks space sitting empty.
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