Environics Analytics examines who shopped Hudson's Bay's men's clothing department and where those customers may have shifted following the retailer's closure.
Retail Insider's latest Real Estate & Leasing Report examines how limited retail space, selective investment, and redevelopment strategies are reshaping Canada's commercial property market, with growing performance gaps between prime retail assets and secondary centres.
Canadian retail real estate entered a scarcity-driven phase in Q2 2026 as prime assets gained pricing power, international retailers targeted top nodes, Hudson's Bay space created repositioning opportunities, and well-capitalized landlords pulled further ahead.
The former Hudson's Bay store at Windsor's Devonshire Mall, which opened as a standalone Simpsons department store in 1974 and featured The Room fashion concept, will be demolished following its acquisition by Primaris REIT.
Primaris REIT says its excess mall lands could be worth up to $375 million as the company evaluates more than 100 acres for potential residential, hotel and seniors housing development.
Ruby Liu discusses the launch of TM Wander at Tsawwassen Mills, future expansion plans, shopping centre acquisitions, support for entrepreneurs, and her vision for the future of Canadian retail.
Brookfield’s new plan for the former Hudson’s Bay Centre at Yonge and Bloor introduces self-storage above street-level retail, signaling a shift in redevelopment strategy.
JLL forecasts that 65% of former Hudson’s Bay retail space in Canada will be committed within two years, largely through multi-tenant retail strategies.