Even for a seasoned retailer, Canada’s busiest mall can be a bit overwhelming. Navigating a high-traffic corridor at CF Toronto Eaton Centre often feels like a plunge “in the middle of a salmon river,” La Maison Simons chief executive officer Bernard Leblanc said, reported The Globe and Mail.
"Mr. Leblanc is happy to swim against the current, opening new large-format stores at a time when other retailers are scaling back their footprint in Canada, or failing to make it work altogether. The Quebec City-based chain announced on Thursday that it is spending $75-million to open new stores in two of Canada’s highest-profile malls."
"The two new stores will fill part of the space formerly occupied by U.S. department store chain Nordstrom Inc. – which exited the Canadian market last year – in Toronto’s Yorkdale Shopping Centre and Eaton Centre. The locations, scheduled to open in the fall or winter of 2025 will significantly expand the 184-year-old retailer’s presence in the Greater Toronto Area, and represent a significant bet on brick-and-mortar retail."
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5dCongratulations to the YoungLA team on this incredible milestone! 🎉 Opening your store is a testament to the hard work, vision, and dedication that defines YoungLA 💪. Wishing you massive success as you take this exciting step forward! We can’t wait to stop by and check out the new store 🏋️♂️!