Retail
Industry
Ottawa Shopping Mall Makes A Comeback From Receivership Order Issued In June
As far as receiverships go, things have taken an atypical turn for the Ottawa Train Yards, which were involved in an appointment order in early June amid allegations of a $40M debt.
Jul 16, 2024
Commercial
Burnaby Employment Land Study Concludes Need For 22M Sq. Ft Of Commercial Space
The employment land needs assessment also gathered feedback from developers about commercial development trends in Burnaby.
Retail
STACKT Market Signs Historic Lease And Announces Nationwide Expansion
STACKT has served as a launchpad for many small businesses and new brands who have popped up in their prime downtown real estate over the years – including Endy, Sonos, Makeway, Inkbox, and Monos.
Retail
Anthem & Streamliner Properties Set To Redevelop Carlingwood Mall In Ottawa
The acquisition marks BC-based Anthem Properties' first investment outside of Western Canada, with more to come, said the company's CEO.
Award-Winning Lakeside Kelowna Mansion Hits Market For $15.9M
The beautiful home at 20-180 Sheerwater Court in Kelowna won the Home of the Year award at the 2023 Okanagan Housing Awards of Excellence.
Retail
Joseph Richard Group, Under Creditor Protection, To Sell Off Restaurants
After filing for CCAA creditor protection in July 2023, some or all of Joseph Richard Group's 20 businesses will now be sold as part of the company's restructuring process.
Retail
Red Lobster Files For Bankruptcy Protection, Jeopardizing Nearly 30 Canadian Stores
In what is being hailed around the web as ‘a win for lobsters,’ Red Lobster has filed for bankruptcy protection.
Industry
King Square Shopping Centre In Markham Under Receivership Over $52M Debt
The King Square Shopping Centre in Markham opened in 2019 and a hotel was also planned for the mall's surface parking lot.
Retail
Historic Waterworks Building To Become Massive European-Style Food Hall
Waterworks Food Hall will satisfy a diverse range of culinary cravings while offering some high-end design inspiration on the side.
Retail
Ted Baker Canada Under Creditor Protection Amid “Liquidity Challenges”
A series of court documents explain that Ted Baker Canada’s “financial and operational performance has struggled” over the past year and change, and that the company is now in “significant arrears with a number of critical vendors.”
Retail
Metro Vancouver Retail, Office, And Industrial Leasing News: March 2024
Several notable brands such as Aritzia, Regency Lexus, and Sephora signed new leases this month.
Retail
Local Councillor Asking BC Gov To Allow Rent Control For Commercial Tenants
New Westminster Councillor Tasha Henderson is asking the Province to allow rent control for commercial tenants, akin to what's allowed for residential tenants.
Retail
The Body Shop To Close 33 Stores In Canada, File For Creditor Protection
The Body Shop's arms in the UK, Germany, Belgium, Denmark, and United States have also declared bankruptcy.
Retail
Donnelly Group Restructuring To See 7 Vancouver Pubs Sold
Donnelly Group, the owner of the Cinema Public House, Granville Room, and Hello Goodbye bars, filed for creditor protection in May 2023.
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