officedweller
Senior Member
Shame about the big parking sign next door.
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Benito
Senior Member
Today these signs are up on the Charles Promenade.
ardwold1
Active Member
Strikes me as a bit out of left field, but David’s at the corner of Bay and Bloor is closing.
androiduk
Senior Member
^ Wow! Had no idea they were in triouble and no idea the Rosen's were part owners. That's a really high profile corner.
From styledemocracy.com;
Long-standing Toronto retailer, Davids Footwear, was recently placed in receivership.
For those unaware, receivership is when a “receiver” is appointed by a creditor to take over all of the assets, undertakings, and properties from the debtor. In the retail world, a receiver will host liquidation sales so that creditors can recoup their money.
In Davids Footwear’s case, Richter Advisory Group has been made the receiver by Rosejack Investments, which owns 70% of Davids and is affiliated with Larry Rosen, the CEO of Harry Rosen. Larry Rosen is also a Director of Rosejack Investments and Director and CEO of Davids.
https://www.styledemocracy.com/davids-footwear-receivership/
From styledemocracy.com;
Long-standing Toronto retailer, Davids Footwear, was recently placed in receivership.
For those unaware, receivership is when a “receiver” is appointed by a creditor to take over all of the assets, undertakings, and properties from the debtor. In the retail world, a receiver will host liquidation sales so that creditors can recoup their money.
In Davids Footwear’s case, Richter Advisory Group has been made the receiver by Rosejack Investments, which owns 70% of Davids and is affiliated with Larry Rosen, the CEO of Harry Rosen. Larry Rosen is also a Director of Rosejack Investments and Director and CEO of Davids.
https://www.styledemocracy.com/davids-footwear-receivership/
androiduk
Senior Member
And from Urban Toronto Retail here is the listing for the H&M store at 15 Bloor West;
Retail Property For Lease
15 Bloor Street West
Iconic Bloor Street West Retail for Lease
http://urbanretailtoronto.com/property/15-bloor-street-west-2/
Retail Property For Lease
15 Bloor Street West
Iconic Bloor Street West Retail for Lease
- One door west of the intersection of Bloor & Yonge and directly next door to The One condominium
- Immediate co-tenancy includes the Holt Renfrew Canadian Flagship and Eataly
- Near term co-tenancy includes Apple
- February 1st, 2020 or earlier
- Please contact listing agents for further details
http://urbanretailtoronto.com/property/15-bloor-street-west-2/
pw20
Active Member
FWIW - I don't think the H&M will close. The building was sold a year or so ago and I suspect the landlord is testing the market to see if they could get more money for the building. (This happened to the Club Monaco space awhile ago too - it was on the market and CM ended up renegotiating the space).
This was the listing for when the bldg was sold: http://urbanretailtoronto.com/code/wp-content/uploads/2017/11/15-Bloor-St-W-Flyer.pdf
"Upon H&M’s lease term expiry, an investor is well positioned to dramatically leverage the benefits of this transformative development and co-tenancy." H&M's lease is expiring but I suspect the landlord is finding the 2019 retail market fairly different from even the 2017 retail market!!
androiduk
Senior Member
Spirit Halloween is taking the spot at 19 Bloor West & Balmuto. Not sure if it's temporary or permanent.
https://www.spirithalloween.com/#
https://www.spirithalloween.com/#
Benito
Senior Member
Dior has opened in the Colonnade.
AlbertC
Senior Member
Luxury Fashion Brand ‘St. John’ to Open Mink Mile Storefront
September 13, 2019
By Craig Patterson
US-based women’s luxury fashion brand St. John Knits will open a standalone storefront on Toronto’s Mink Mile. It will be the second standalone St. John boutique in Canada, joining a Vancouver store that has operated in the city for years.
The Toronto St. John boutique will open in a 2,500 square foot retail space at 130 Bloor Street West, located between Gucci and Intermix. The space that St. John will move into was once occupied by French luxury brand Hermes before it relocated to a flagship space nearby in late 2017. Most recently, athletic brand Peloton occupied the same retail space temporarily before finding a permanent location across the street.
September 13, 2019
By Craig Patterson
US-based women’s luxury fashion brand St. John Knits will open a standalone storefront on Toronto’s Mink Mile. It will be the second standalone St. John boutique in Canada, joining a Vancouver store that has operated in the city for years.
The Toronto St. John boutique will open in a 2,500 square foot retail space at 130 Bloor Street West, located between Gucci and Intermix. The space that St. John will move into was once occupied by French luxury brand Hermes before it relocated to a flagship space nearby in late 2017. Most recently, athletic brand Peloton occupied the same retail space temporarily before finding a permanent location across the street.
pw20
Active Member
Ba&sh is opening in the Hazelton Hotel where goop is. It will be their first Toronto store and second after Montreal. Ba&sh is an LVMH backed ready to wear contemporary women's clothing chain.
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AlbertC
Senior Member
ardwold1
Active Member
ba&sh has opened at Yorkville Village - looks like some sort of partnership with TNT. It's in the old TNT Man space.
Departo, a luxury home furnishings brand by Yabu Pushelburg, is opening a shop at the Hazelton Hotel (in the former goop space)
Rejuuv Yorkville is opening in the ground floor at 135 Yorkville, beside CNTRBND
Couple Lab Grown Diamonds is opening a pop-up in the old Michael Kors space on Bloor
Part of the old UGG shop on St. Thomas looks to be making way for something called Enigma Fine Dining
Departo, a luxury home furnishings brand by Yabu Pushelburg, is opening a shop at the Hazelton Hotel (in the former goop space)
Rejuuv Yorkville is opening in the ground floor at 135 Yorkville, beside CNTRBND
Couple Lab Grown Diamonds is opening a pop-up in the old Michael Kors space on Bloor
Part of the old UGG shop on St. Thomas looks to be making way for something called Enigma Fine Dining
androiduk
Senior Member
Renos to the TD Bank at Bay & Bloor are now complete. You can probably see this from outer space.
androiduk
Senior Member
According to an employee, the Dollarama in Charles Promenade has received a one year extension, so they will be leaving in 2021.
zang
Senior Member
Anyone know what the plans are? Is the UofT gonna take down the promenade and build up a new podium (they should)?
dollarama will have a long, lonely stay in that spot.