Quote:
Originally Posted by esquire
^ Yeah, the store still looks pretty healthy at its main downtown Toronto and Vancouver locations. Between the large local population and numbers of tourists I can see them continuing to do well for a while at those locations. But in many other markets it doesn't feel like they're trying very hard anymore. Even in downtown Toronto, the Bloor Street location looked kind of forlorn the last time I was there.
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It’s quite annoying seeing the Bay renovate stores throughout the country and not take the opportunity to at least make them somewhat more like the Queen Street and Granville Street stores. I was shocked that the St-Catherine Bay was not all that much better from your average Prairie Bay store.
I think a decent strategy would be for the Bay to consolidate and have a smaller list of locations that are higher quality like the Vancouver/Toronto flagship. But also make the St-Catherine store a flagship level.
Like, if they kept the stores down to:
- Granville St, Richmond Centre, Metrotown for Vancouver
- Mayfair or Bay Centre for Victoria
- Chinook and the Core for Calgary
- Southgate and WEM for Edmonton (ideally relocate one of these Downtown)
- Midtown Plaza for Saskatoon
- Cornwall Centre for Regina
- Polo Park for Winnipeg
- Queen St, Yorkdale, Square One, Scarborough Centre, Markville, and either Hillcrest or Fairview for Toronto
- Lime Ridge for Hamilton
- Masonville for London
- Conestoga for Waterloo Region
- Rideau Centre and Bayshore for Ottawa
- St-Catherine, Carrefour Laval, Fairview Pointe Claire, and Mail Champlain or Galeries d’Anjou for Montreal
- Ste-Foy for Quebec City
- Micmac Mall for Halifax (ideally relocate Downtown)
And had them even 75% of what the Queen/Granville stores are, they’d be ok, I think.