Is Bloomingdale’s coming to Toronto?
The Globe and Mail recently reported that the Hudson’s Bay Company is currently talking with Bloomingdale’s to open a “store within a store” at its Bloor Street location. Sources suggest that this is a pre-emptive strike from HBC CEO Richard Baker, who is attempting to capture a large chunk of the high-end fashion retail market before foreign players like Nordstrom arrive (it is rumoured that Nordstrom has been scouting real estate). Sources speculate that HBC is contemplating stores in Vancouver and Calgary as well, and this move could happen as early as the fall. Read the entire store [Globe and Mail] »