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Victoria retail thread: retailer news, comings and goings


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#9041 mbjj

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Posted 06 February 2025 - 05:39 PM

One can be an epicurean. 



#9042 aastra

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Posted 06 February 2025 - 06:29 PM

 

One can be an epicurean.

 

It's definitely possible, but you have to own property there and be resident for ten years before applying for citizenship, and you also have to renounce any other citizenship you might have.



#9043 aastra

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Posted 06 February 2025 - 06:30 PM

 

I thought they made 80% skin care products.

 

Give me a break. They were pretty successful there for a while but no way in heck did they make 80% of skin care products.



#9044 aastra

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Posted 06 February 2025 - 07:19 PM

The Epicurians probably had one of the coolest ship designs in Star Trek: The Next Generation. Much better than the Ferengi but maybe not quite as slick as the Romulans.



#9045 aastra

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Posted 06 February 2025 - 07:22 PM

^They also gave us Scotty's most famous quote:

"It's not you I hate, Epicurian. I hate what I became because of you."



#9046 lanforod

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Posted 06 February 2025 - 11:14 PM

Got a link to the trilogy? Should I watch the prequel first, Rise of Epicure or start with Episode one?

#9047 Mike K.

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Posted 07 February 2025 - 10:35 AM

Give me a break. They were pretty successful there for a while but no way in heck did they make 80% of skin care products.

Every 18 minutes.

It would vary from 10% to 80%.
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#9048 Victoria Watcher

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Posted 07 February 2025 - 04:27 PM

Quiksilver, Billabong, and Volcom To Close 100-Plus US Stores as Liberated Brands Files for Bankruptcy

 

https://retailwire.c...m-close-stores/


Edited by Victoria Watcher, 07 February 2025 - 04:27 PM.


#9049 Victoria Watcher

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Posted 13 February 2025 - 01:08 PM




Seattle Times

Joann to close most WA stores as part of craft chain's bankruptcy

Joann, the nation's largest craft and fabric retailer, plans to close more than half of its 850 stores, including 21 of 30 locations in Washington, as part a bankruptcy.

#9050 Victoria Watcher

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Posted 13 February 2025 - 01:10 PM

Crafters are pretty good about picking up tips from others online, then probably buying online. Walking into a physical store seems unnecessary.

#9051 Victoria Watcher

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Posted 18 February 2025 - 06:00 AM

Employees at the Shoppers Drug Mart on Douglas Street will soon be wearing body-cameras in an attempt to address safety concerns at the downtown Victoria store.

Dean Henrico, a senior vice president for asset protection at Shoppers Drug Mart’s parent company, Loblaws, said in a statement that a pilot program saw a “significant” decrease in violent incidents in stores where staff wore body cameras.

“This expansion to Victoria highlights our ongoing commitment to creating a safer shopping environment for all,” he said.

https://www.timescol...oblaws-10247601

Edited by Victoria Watcher, 18 February 2025 - 06:01 AM.


#9052 lanforod

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Posted 18 February 2025 - 06:14 AM

Absolutely shouldn’t be necessary

#9053 Mike K.

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Posted 18 February 2025 - 08:14 AM

Victoria council is more concerned over the City using Twitter, however.
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#9054 Victoria Watcher

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Posted 25 February 2025 - 03:59 AM

Main 2101 Government St
Victoria, British Columbia V8T4P2

 

 

https://www.realtor....ctoria-downtown

 

 

 

Move in ready showroom and retail space for lease. The opportunity exists to lease the ground floor of this well maintained heritage building on the edge of downtown Victoria. 2101 Government Street is an exceptional example of early 20th Century Victorian architecture. The 2,500 square foot main floor offers high ceilings, exposed masonry, hard wood floors and large windows fronting onto Government Street. Available June 1, 2025.

 

 

988924_1.jpg


Edited by Victoria Watcher, 25 February 2025 - 04:00 AM.


#9055 Victoria Watcher

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Posted 07 March 2025 - 02:28 AM

FOR SALE: A custom shoe-making business located on Shelbourne Street in Victoria! This is a rare opportunity for a buyer to acquire a highly profitable and turn-key operation. The current owner, who has been running this business for over a decade, is ready to retire and pass the torch to a dedicated new owner-operator. The existing rent is very favorable, and the business has a loyal clientele that provides a steady stream of revenue. Additionally, the owner is willing to stay on and assist in the shop for up to two years if needed. Why wait? This turn-key business allows you to start generating income immediately! Please do not approach the owner or staff directly. This is an asset sale, and the sale price includes inventory. To receive an information package, please contact the listing agent.

 

$125,000

 

 

991031_2.jpg

 

 

https://www.realtor....ctoria-hillside

 

 

https://baoshoemaker.com/products/

 

 

The shoes seem to average a little over $700 per pair.


Edited by Victoria Watcher, 07 March 2025 - 02:31 AM.


#9056 Victoria Watcher

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Posted 07 March 2025 - 02:32 PM

Hudson’s Bay, Canada’s Oldest Retail Chain, Nears Bankruptcy

 

 

Department store operator is planning to file for insolvency after separating from Saks Global

 

 

https://www.wsj.com/...ruptcy-3ae847ad

 

 

Hudson’s Bay operates more than 80 stores and is one of the oldest companies in North America, tracing its roots to the fur trade during colonial times. The company declined to comment. 
Hudson’s Bay has been owned since 2008 by a private-equity firm controlled by the American retail and real estate mogul Richard Baker, who has a record of scooping up retailers and often profiting from their valuable real-estate holdings. 
 
 
 
 
 
CTVNews.ca reached out to HBC for comment on the WSJ report but was told by vice-president of corporate communications Tiffany Bourre that, “We do not comment on rumour or speculation.”

Edited by Victoria Watcher, 07 March 2025 - 02:34 PM.


#9057 Victoria Watcher

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Posted 07 March 2025 - 05:17 PM

Hudson’s Bay granted creditor protection to restructure its business

 

 

 

https://www.theglobe...e-its-business/

 

 

 

 

Hudson’s Bay has now been granted a 10-day stay of proceedings by the Ontario Superior Court of Justice, while the company develops a restructuring plan to present to the court. In the meantime, stores will remain open and continue to operate, according to spokesperson Tiffany Bourre.

 

The retailer has received interim financing from a group of lenders led by Restore Capital LLC, an affiliate of Hilco Capital Ltd., a British private equity firm that specializes in turning around distressed companies. Hudson’s Bay will seek additional financing to fund its operations during the restructuring, according to Friday’s release.

 

[...]

 

The company cited a number of factors placing pressure on its business, including the trade tensions with the U.S.; shifts to working from home following the pandemic that has affected downtown stores; and the strain on household budgets in Canada resulting from rising prices, high interest rates and a weak Canadian dollar.

 

“It’s no surprise,” said retail consultant George Minakakis, who noted that rumours that the Bay would be forced to restructure have been circulating in the industry for years. Mr. Minakakis noted that he visited Bay stores recently where escalators were not working and staff were scarce -- signs that the retailer has not been investing in the business.

 

“It’s not just tired, it looks like they’ve given up,” Mr. Minakakis said. “That robustness, walking into a department store where you’re going to get a good experience and have some fun browsing, that doesn’t exist any more.”


Edited by Victoria Watcher, 07 March 2025 - 05:18 PM.


#9058 Victoria Watcher

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Posted 10 March 2025 - 05:38 PM

The restructuring process Hudson’s Bay kicked off Friday will likely see Canada’s oldest company shrink as it works to stay alive.

 

According to a source familiar with the matter, the department store company is looking at closing around 40 of its 80 stores, although that number could change.

 

The person was granted anonymity because they were not authorized to speak publicly on the discussions. 

 

Hudson’s Bay did not comment on whether it will close stores, but in a statement last week, its president and CEO Liz Rodbell framed the company’s impending restructuring as a “very difficult” but “necessary” step.

 

 

https://cheknews.ca/...source-1242933/


Edited by Victoria Watcher, 10 March 2025 - 05:38 PM.


#9059 Blair M.

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Posted 10 March 2025 - 06:14 PM

The frequently empty downtown Bay would have to be included in those destined for closing, although I could see Mayfair Bay remaining open as the Mayfair Mall itself has cleverly remodelled itself into the nicest mall in town, with an endless stream of customers visiting throughout the business day, and the street level parking lot almost always near capacity.



#9060 Barrister

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Posted 10 March 2025 - 06:18 PM

But the Bay itself, at Mayfair, is often really empty.



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