Quote:
Originally Posted by vjose32
You say that yet the former HMV in Garden City has been vacant how many years now and you would think that would be a desirable location for a shop.
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Actually the GC HMV converted to Shoe Warehouse which ran for several years before shuttering themselves leaving the spot vacant.
Quote:
Originally Posted by cheswick
24 Hour Shoppers Drug Marts in Winnipeg are all moving to 8 to midnight. Not enough traffic to warrant them being open 24 hours.
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More like staff safety issues and a high level of theft on the overnight hours leading to Shoppers changing their hours.
Quote:
Originally Posted by trebor204
HBC shutting down Home Outfitters (Hudson's Bay Home), while closing about 20 Sask Offs 5th in the States.
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The writing on this wall should have been clear from the time Home Outfitters was rebranded in Winnipeg to Hudson's Bay Home and the product lineup changed slightly. Guess that experiment proved to not be enough to warrant saving the chain.
Quote:
Originally Posted by michelleb
Surprised at Saks Off 5th, since off-price retailers have been touted as the fastest growing retail segment for a while. Don't like 'em myself, but it's worrisome to see HBC shutting down these two divisions when the company was announcing plans to expand Off 5th in Canada less than a year ago.
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You have to keep in mind the collective whole of Saks was highly distressed before Hudson's Bay became involved with them. They had actively been closing locations, including Off 5th, before the ownership change. Not really big news as US retail continues to be even harder hit that in Canada.
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Re Payless Shoes, it seemed clear as soon as the US announcement hit that Canada would fall too. Part of the discount business side is order in volume. Dropping the main piece that makes up that volume meant that other pieces would fall too. There is a lot more reading to be done if you care but essentially Payless built themselves around being the only low priced bricks and mortar shoe store and that has long stopped being the case.