平特五不中

News

Even in challenging times for department stores, Quebec-based Simons is expanding

Published: 9 July 2024

The rise of e-commerce decimated the business of department store chains, with names like Nordstrom pulling out of Canada altogether. But, department store chain Simons recently announced it is opening two new stores in Toronto. The Quebec City-headquartered retailer has slimmed-down offerings, with no in-store furniture sales or fragrance counters and lots of private label clothing brands. 鈥淒epartment stores have been under huge pressures,鈥 says Charles de Brabant, Executive Director of the Bensadoun School of Retail Management (BSRM). 鈥淭hey just haven鈥檛 kept up with the times. The ones that are doing well, like Simons, are offering something distinctive to customers,鈥 he tells The Globe and Mail.

Feedback

For more information or if you would like to report an error, please web.desautels [at] mcgill.ca (subject: Website%20News%20Comments) (contact us).

Back to top