Canadian Retail Thread

[YYCguys]

Originally Posted by J.OT13

Let's hope a Canadian Company steps up and saves the flagships at least. The whole company need major investment to bring it up to modern standards.

Which locations are considered to be their flagship stores?

[theman23]

The downtown locations, although I don't expect all of them to survive. The Montreal location was doing poorly even prior to COVID. Hopefully at least the Toronto and Vancouver locations manage to stay open.

[TorontoDrew]

I could see them saving the Montreal location as well. It's the oldest location ( I think). I wonder if these large department stores could be repurposed into buildings that can house several different local retailers. My obvious fear for the Toronto location would be a 75 storey condo tower using the original building as it's podium.

[Airboy]

By the HBC Name, Let the retail close and then build on the heritage.

[Doady]

Flagship stores are for advertising, they never profitable. So the only way to save the flagship stores is to save all the non-flagship stores.

[jonny24]

I think my mom took us to one when clothes shopping as a kid.

I've never entered one since I had my own money, except the one at Fairview Park Mall in Kitchener where you have to walk through the store to get to the rest of the mall from the bus terminal.

[le calmar]

I've walked through my local Hudson's Bay many times because that's where you could easily find parking 10 metres from the door. The only stuff I ever bought there was some of the products in the Zellers section. It's lower quality stuff compared to what they have in the rest of the store, but at least it was not grossly overpriced.

[srperrycgy]

I walked through The Bay at Chinook Centre here in Calgary yesterday and though there was a bit of foot traffic, it felt like it was at death's retail door.

[SpongeG]

who owns the rights to the stripes and their history? like their famous blankets, which are apparently selling out the last few days.

[Loco101]

Originally Posted by SpongeG

who owns the rights to the stripes and their history? like their famous blankets, which are apparently selling out the last few days.

I would think that HBC still does until the owners sell off the rights. Probably the only way they will raise a significant amount of cash.

[kwoldtimer]

Originally Posted by SpongeG

who owns the rights to the stripes and their history? like their famous blankets, which are apparently selling out the last few days.

I should think that the British manufacturers will continue to produce the blankets.

[trebor204]

Hudson's Bay hope to save 6 stores (not sure where yet)

Liquidation process begins Monday to end by June 15, and to vacate the properties by June 30


https://www.cbc.ca/news/business/hudsons-bay-jobs-store-closures-1.7489551

https://www.ctvnews.ca/business/article/hudsons-bay-hopes-to-save-six-stores-from-liquidation/

[MonctonRad]

Originally Posted by trebor204

Hudson's Bay hope to save 6 stores (not sure where yet)

Liquidation process begins Monday to end by June 15, and to vacate the properties by June 30


https://www.cbc.ca/news/business/hudsons-bay-jobs-store-closures-1.7489551

https://www.ctvnews.ca/business/article/hudsons-bay-hopes-to-save-six-stores-from-liquidation/

Six stores. Six big cities. Hmmmm...........

[Wigs]

Originally Posted by MonctonRad

Six stores. Six big cities. Hmmmm...........

Or they could pick the 6 highest performing stores

[manny_santos]

Originally Posted by trebor204

Hudson's Bay hope to save 6 stores (not sure where yet)

Liquidation process begins Monday to end by June 15, and to vacate the properties by June 30


https://www.cbc.ca/news/business/hudsons-bay-jobs-store-closures-1.7489551

https://www.ctvnews.ca/business/article/hudsons-bay-hopes-to-save-six-stores-from-liquidation/

If they end up keeping 6 stores, I would expect one each in the six biggest metro areas. Though I’m not sure if they’d pick Winnipeg over Ottawa because of its history in Winnipeg.

[trebor204]

Updated Info

The six stores Hudson’s Bay wants to save from the liquidation sale include the flagship location on Yonge Street in Toronto, as well as a store in the city’s Yorkdale mall and another at Hillcrest Mall in Richmond Hill, Ont. The remaining three are in Montreal, the Carrefour Laval mall and Pointe-Clare, Que.

[Ozabald]

Originally Posted by trebor204

Updated Info

The six stores Hudson’s Bay wants to save from the liquidation sale include the flagship location on Yonge Street in Toronto, as well as a store in the city’s Yorkdale mall and another at Hillcrest Mall in Richmond Hill, Ont. The remaining three are in Montreal, the Carrefour Laval mall and Pointe-Clare, Que.

Strange that Hillcrest Mall is one of the six. Thought in the GTA, Bay stores in Fairview Mall or Square One would be more likely candidates.

[kwoldtimer]

Originally Posted by Ozabald

Strange that Hillcrest Mall is one of the six. Thought in the GTA, Bay stores in Fairview Mall or Square One would be more likely candidates.

I thought the Hillcrest was a bit odd too. Sorry to see none in Ottawa, but it will certainly simplify there operations. Unfortunately, if they can't get their marketting and merchandising acts together, it is not going to help.

[Acajack]

I knew Yonge, Ste-Catherine and Yorkdale would be on the "retain" list. The others I had no idea but I guess it's a pure question of math (sales per sq ft).

[kwoldtimer]

Originally Posted by Acajack

I knew Yonge, Ste-Catherine and Yorkdale would be on the "retain" list. The others I had no idea but I guess it's a pure question of math (sales per sq ft).

The stores that would be kept (if investment funding can be found) are apparently all more lucrative than others.