Toronto Sugar Wharf Condominiums (Phase 1) | 231m | 70s | Menkes | a—A

From Yonge+Rich:

I will stick this slightly tangential post here...........

That Farm Boy is almost certainly losing a lot of $$

I am told the shrink level is nuts (shrink is any inventory unavailable for sale, which can be theft or in this case, perishable product turning/expiring before it can be sold.)


It's overall a good location, and as occupancies pick up here it should do quite well, but I think they were a few months early in opening. That in combination with a near invisible entrance off Cooper Street, and no at-grade presence, is hurting them. While Loblaws just to the east draws well, it's a store you can't miss, and it has obvious, ample, free parking encouraging people to come from a distance, where anyone not local probably has little idea that Farm Boy is even there.