Peter Simons at his Place Ste Foy (Quebec City) store.
La Maison Simons president & CEO Peter Simons says he's actively negotiating space at two Toronto area malls, according to the Toronto Star. Simons would occupy space vacated by Sears...
In a move that has shocked analysts and investors, Hudson's Bay Company ("HBC") president Bonnie Brooks has stepped down as president of HBC. She will be replaced by former executive vice-president Liz Robdell, and the transition is expected to...
Clearly Contacts will be closing its first and only free-standing retail store on Vancouver's Robson Street to make way for the site's redevelopment. Clearly Contacts had signed a six-month lease for the space which opened in March. We're not...
Eres has opened its second Canadian store (and seventh in North America) at 396 Laurier Avenue West in Montreal. Eres specializes in upscale swimwear and lingerie. Its first Canadian location opened in June 2012 at 126 Cumberland Street in...
J. Crew will open a ~6,500 square foot store at 110 Bloor Street West in Toronto, next to a ~15,000 square foot Brooks Brothers store which is currently under construction. J. Crew will be located in a re-configured space...
About 100 Windows (by Microsoft) stores will open within Canadian Best Buy stores by September. It will sell Windows-based tablets, computers and other Microsoft products. Microsoft-trained sales staff will assist customers.
Best Buy Canada will be concentrating on popular,...
Update: Oxford Properties purchased the Yorkdale and Square One leases for $191 million. Stores will close in March, 2014. Oxford also paid Sears $1 million for the option of buying-out the 230,000+ square foot Scarborough Town Centre Sears lease...
Vancouver-based Lululemon will open free-standing men's stores by 2016. The Financial Post reports that Lululemon CEO Christine Day (who will be leaving the company) made the announcement at the William Blair & Co. Growth Stock Conference in Chicago.
For...
First quarter earnings results have been released for Canada's Hudson's Bay Company, and they appear positive. In the first quarter, Canadian operations saw a sales increase of 7.6% over last year.
Specific earnings numbers are provided in this Financial Post...
Grocer Canada Safeway has been bought by Sobeys in a cash deal worth $5.8 billion. Savings of about $200 million yearly are expected with the combined store sales forecasted to be $24 billion annually.
Sobeys has about 1,300 owned...