Interesting to see two high end grocers struggle (this one and McEwan); and could throw the small 'fresh city' concept in there as well.......
While Eataly goes gangbusters, and another high end grocer will be adding new outposts, in the next year or two.
Speaks to the perils of debt, ego, over-expansion, poor locations and all/around management issues.
In the case of McEwan, rescued out of bankruptcy by a long time, very affluent patron.
Clearly, Toronto has a market in the luxury food segment. But some are better able to capitalize on that than others.
