Hudson's Bay Company

[Richard White]

...market opportunity, or evidence of no market?

Eddie Bauer Poised to Exit Canada as Store Shutdown Looms

Eddie Bauer is expected to close all Canadian stores as part of a Chapter 11 restructuring affecting roughly 200 North American locations.

retail-insider.com

This does not shock me in the slightest.

I have been wearing Eddie Bauer Jackets for years but both me and a relative have noticed their quality dip in the past couple of years.

I had a Winter Jacket with them that was very warm and lasted 5 years without issue. My current jacket with them lasted 1 season. I was trying for a second but the stiching came undone in the velcro and the jacket is not nearly as warm.

I won't buy their overpriced garbage anymore and would rather shop around.

 

[matrix]

Judge blocks department store from moving into former HBC space at Yorkdale mall

Mall landlord Oxford Properties has won a fight to prevent an unwanted tenant from moving into the former Hudson's Bay store at Yorkdale Mall.

toronto.citynews.ca

A judge has blocked RioCan from letting Ailes set up shop at the former Bay lease at Yorkdale, for the exact reasons your may think. RioCan has until August to find a new tenant, or else the lease will go back to Oxford, and RioCan will be stuck paying a $75 million dollar mortgage for what would be essentially nothing.

 

[nightstreak]

Notable: they took down the Hudson's Bay sign from the roof of the Queen St. building.

Before:

After:

I wonder if Cadillac Fairview is any closer to deciding what to do with this space. It can't be cheap not only keeping this place empty on $0.00 rent but maintaining it and securing it.

 

[Northern Light]

I wonder if Cadillac Fairview is any closer to deciding what to do with this space. It can't be cheap not only keeping this place empty on $0.00 rent but maintaining it and securing it.

They have a plan; should be public shortly, I imagine.

I have yet to see the drawings, but it sound expensive and challenging to me. Not sure how they'll make it work or make it profitable, but we shall see.

Before anyone asks, so far as I know, no demotion or new towers are contemplated at this time.

 

[DSCToronto]

They have a plan; should be public shortly, I imagine.

I have yet to see the drawings, but it sound expensive and challenging to me. Not sure how they'll make it work or make it profitable, but we shall see.

Before anyone asks, so far as I know, no demotion or new towers are contemplated at this time.

I also hope they will not repeat their 401 Bay (Simpson's Tower) work and simply cover it all in white budget siding!!

 

[Northern Light]

I also hope they will not repeat their 401 Bay (Simpson's Tower) work and simply cover it all in white budget siding!!

That would not be permitted and is most certainly not proposed.

 

[stevensontransit]

Notable: they took down the Hudson's Bay sign from the roof of the Queen St. building.

Before:
View attachment 732094


After:
View attachment 732093

I wonder if Cadillac Fairview is any closer to deciding what to do with this space. It can't be cheap not only keeping this place empty on $0.00 rent but maintaining it and securing it.

Convert it to office spaces and incorporate it into the Toronto path network.