Dan416
Senior Member
I wonder where Oxford thought to put Nordstrom at Square One anyway? Not that it matters now since they chose Sherway instead, but I am curious.
I heard sears are an amazingly cheap lease rate at the eaton center.
The Bay at Bloor & Yonge would be a great location. I don't see the need for Bay to have 2 downtown locations. They can then put the effort to improve the Queen St Bay.
The Bay at Bloor & Yonge would be a great location. I don't see the need for Bay to have 2 downtown locations. They can then put the effort to improve the Queen St Bay.
Does anyone know if Sporting Life plans to open another location to replace the Sherway one?
The closure of Sears at Eaton Centre will be a sure-fire sign that the company is doomed. Bankruptcy filing will come within six months.
Nordstrom willl be occupying the space on the south side of Sherway. Sporting Life will definitely stay in the mall, but at a different location (it's a good location for them).
(My guess): Nordstrom will take advantage of a Sears location, either Yonge and Dundas, or Yonge and Bloor. The Bloor Street location is well situated, and about to get better with major development coming to the immediate vicinity, but the store would need to be rebuilt inside and outside, from its present incarnation as possibly the ugliest major retail structure in the downtown core.
Why would you say that? Sears has traditionally not had downtown stores in Canada, and they never appeared to do particularly well the relatively few years they've had them. Sears has tremendous problems, but if they go bankrupt it will have little to do with the closure of their Eaton Centre store. In fact, depending on how much cash they get for the store, the closure of this Sears could help them stave off bankruptcy. For awhile, at least. Geting rid of underperforming downtown stores is long overdue and is more likely to help Sears than itself trigger bankruptcy.