Yorkdale Shopping Centre

[officedweller]

Comparable brands to what Hudson's Bay would have sold in a suburban location.

Court documents RioCan filed in the case say Fairweather recently "finalized arrangements" with landlord Primaris for two stores in Quebec that it will take possession of on Feb. 1.
...
Primaris owns Les Galeries de la Capitale in Quebec City and announced plans to buy Promenades St-Bruno, which is just south of Montreal, from Cadillac Fairview last year. Both malls had HBC locations until the company collapsed last March.
RioCan's court filings, which includes an affidavit from its chief financial officer Dennis Blasutti, say the new Les Ailes de la Mode stores will have departments for men’s, women's and children's apparel, footwear, housewares and home decor, accessories like stationary, luggage and seasonal toys and confectionary items.
The documents say the stores will be equally split between house brands and goods from companies including Reebok, Chaps, Steve Madden, DKNY and Billabong.
Tahari, French Connection, Laura Ashley, Geoffrey Beene and Perry Ellis also have all committed to supplying Les Ailes de la Mode.
Blasutti says RioCan has been told Fairweather intends to use the Les Ailes de la Mode brand in Quebec and the shortened Ailes name in Ontario, including for the proposed Yorkdale store.
Small stores under the Les Ailes de la Mode name, including locations at Place Vertu and Carre Decarie in Quebec, have had their signage removed recently as Fairweather prepares to transition them to other brands, the documents say.

https://www.nsnews.com/the-mix/les-...ings-at-ex-hbc-stores-this-year-docs-11759732

 

[Northern Light]

The sublease of the former Bay Space to Isaac Benitah's retail group is dead for now:

Fairweather’s bid for former Hudson’s Bay location at Yorkdale mall quashed by judge

Fairweather, owned by the Canadian businessman Isaac Benitah, aimed to revive the Benitah family’s once-venerated, but now-defunct department store Les Ailes de la Mode.

www.thestar.com

There will be Les Ailes at Yorkdale. Shakedown over.

 

[stevensontransit]

The sublease of the former Bay Space to Isaac Benitah's retail group is dead for now:

Fairweather’s bid for former Hudson’s Bay location at Yorkdale mall quashed by judge

Fairweather, owned by the Canadian businessman Isaac Benitah, aimed to revive the Benitah family’s once-venerated, but now-defunct department store Les Ailes de la Mode.

www.thestar.com

There will be Les Ailes at Yorkdale. Shakedown over.

can this retailer try out other malls like stc, markville, sherway, or square one?

 

[Northern Light]

can this retailer try out other malls like stc, markville, sherway, or square one?

In general, they are, of course, free to lease space anywhere that a landlord will agree to; in respect of the former Bay spaces, this doesn't preclude them trying another store, nor does it guarantee them that right.

What it does do is generally establish,that if the lease language contains some provisions for landlord consultation, or 'fit', that the property owners can may be able to veto and can at the very least demand business plans and proof of viability/fit.

I would not hold your breath on Oxford cooperating at any of its properties after they were forced to go to court; I don't think CF would either.

 

[Richard White]

can this retailer try out other malls like stc, markville, sherway, or square one?

Fairweathers has been "going out of business" at STC for over a a decade as per the signs on their store windows.

 

[officedweller]

The unfortunate part of it is that there are so few upper end department stores available to fill that big a space that RioCan's task (finding a suitable large tenant) is practically impossible.
I wonder if it's possible for Holt Renfrew to terminate its Yorkdale lease and move into the bigger former Hudson's Bay space?