syn
Senior Member
So here's the scoop from insiders:
The Bay on Bloor
- The Bay on Bloor is going to be converted into a Lord & Taylor
The Bay on Queen
- The Bay on Queen Street is going to be redesigned as The Bay's flagship and feature store with an emphasis on heritage.
- The Bay Queen will be just two floors of retail. Entire departments will be killed off (i.e. bye bye furniture)
- The first floor will focus on Cosmetics, Fragrances, Jewelry, Men's Clothing and accessories and some minor departments that are already on the main floor.
- The second floor will be dedicated to Women's fashion
- Everything above that (3rd floor to 8th) will be converted into a hotel. It's not clear if this involves the HBC tower on Bay/Queen or a new one.
- The lower level is to be converted into a Zellar's with a focus on home accessories. There'll be an expanded food market and pharmacy.
These are the most recent plans. Most of it will reach implementation which will phase in after the Christmas season is over.
I think that HBC's new owners have the right approach. They're focusing on their winning departments (fragrances, cosmetics and fashion) and killing off the rest. Lord & Taylor is more upscale so it'll be a good fit for Yorkville.
While this seems like a decent plan for the store I'll definitely miss the old school, giant department store.