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Article: SIMONS TO EXPAND INTO TORONTO, OTTAWA.
- Article from:
- WWD
- Article date:
- May 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Brian Dunn
MONTREAL - Simons waited 159 years before it opened its first store outside Quebec City, when it opened here in 1999. Now, the retailer plans to expand across Canada, seeking to capitalize on the uncertainty surrounding the country's two biggest department store chains.
The privately owned Simons, which operates seven fashion department stores in Quebec, has hired a real estate broker to look for space in the Toronto area and also has its eyes on a site in an expanding suburban mall in Ottawa, the nation's capital.
In addition, it would be interested in downtown stores that both the Hudson's Bay Co. and Sears Canada might ...