EBT said:
It may be a high-profile mall, but shopping malls can't exist without anchors, and it looks like Sherway has lost all its anchors. What anchor retailers are standing in the wings to fill these empty spaces?
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Other than Walmart department stores are dying in favour of specialty stores. The speciality stores are the modern anchor. Think malls that have apple stores versus malls that do not.
 
EBT said:
It may be a high-profile mall, but shopping malls can't exist without anchors, and it looks like Sherway has lost all its anchors. What anchor retailers are standing in the wings to fill these empty spaces?
Click to expand...

I have no idea, but a property like that could net high-profile restaurants, specialty stores, international chains, entertainment venues, office space, and condos. If so many department stores are folding, perhaps anchoring a mall with a department store is an increasingly outdated concept?
 
Towered said:
What's happening to SportChek?
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@toaster29 may have misread the news. SportChek and Atmosphere are merging, or more exactly Atmosphere will be relocating into SportChek in phases over 2025. Only one of those spaces will close, not both. Canadian Tire made mention of this and that they'd be reinvesting into SportChek stores to make them more experiential. CT is probably spooked by The Bay's insolvency and unlike HBC they're being proactive about keeping up with the times and refocusing on profitable businesses.
 
nightstreak said:
@toaster29 may have misread the news. SportChek and Atmosphere are merging, or more exactly Atmosphere will be relocating into SportChek in phases over 2025. Only one of those spaces will close, not both. Canadian Tire made mention of this and that they'd be reinvesting into SportChek stores to make them more experiential. CT is probably spooked by The Bay's insolvency and unlike HBC they're being proactive about keeping up with the times and refocusing on profitable businesses.
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SportChek is moving across the street to the plaza along North Queen.
 
EBT said:
It may be a high-profile mall, but shopping malls can't exist without anchors, and it looks like Sherway has lost all its anchors. What anchor retailers are standing in the wings to fill these empty spaces?
Click to expand...
I think this is a somewhat outdated view (shopping malls needed anchors because anchors drove traffic - in many instances anchors also developed those malls). That has changed significantly. Oakridge, Royalmount don't have traditional anchors.
I suspect we'll CF continue to focus on being the west-end destination for higher-end brands that you can't find at Square One and use that to drive traffic from Etobicoke all the way to Hamilton. Pottery Barn, Williams Sonoma, a flagship Harry Rosen, etc... (I've mentioned this in other threads, but i also wouldn't be shocked if Holt's comes back to Sherway).
 
pw20 said:
I think this is a somewhat outdated view (shopping malls needed anchors because anchors drove traffic - in many instances anchors also developed those malls). That has changed significantly. Oakridge, Royalmount don't have traditional anchors.
I suspect we'll CF continue to focus on being the west-end destination for higher-end brands that you can't find at Square One and use that to drive traffic from Etobicoke all the way to Hamilton. Pottery Barn, Williams Sonoma, a flagship Harry Rosen, etc... (I've mentioned this in other threads, but i also wouldn't be shocked if Holt's comes back to Sherway).
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Don't forget that shopping malls are controlled by corporations. The corporations like single-use commercial zoning to force stores to locate on their property, and pay the high leases to them... only.
 
W. K. Lis said:
Don't forget that shopping malls are controlled by corporations. The corporations like single-use commercial zoning to force stores to locate on their property, and pay the high leases to them... only.
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Anchor tenants traditionally pay significantly lower leases based on square footage as a trade off of the mall benefiting from their presence. But that’s outdated because the mall doesn’t benefit the way they used to. The fact that Simpsons, eatons, Sears, the bay couldn’t afford their discounted leases makes me think times have changed and there may not be a way to go back.
 
Perhaps Simons will eventually arrive in part of one of the anchors? Though typically they expand slowly and are opening soon at Yorkdale and Eaton Centre.

I’m surprised Primark hasn’t arrived in Canada. Though not higher end, It’s wildly popular and the location that opened at Walden Galleria in Buffalo attracted many Canadians (Well, until now).

Other than that, I would expect some condos taking place of some of the anchors.

Promenade in Thornhill just built 2 towers in place of their old Sears store. It’s only the first phase to replace most of the surface parking and although the mall has gone backwards, they’re actually injecting life back into it slowly - Primarily with Food, services and entertainment.
 
I think Junxion By Cineplex could take over the Sportschek Spot and tbh it already looks like it could be a movie theatre if you’ve ever been to that location of sportschek and it has 2 floors. First Floor- Concessions and 2nd Floor-theatres
 
EBT said:
It may be a high-profile mall, but shopping malls can't exist without anchors, and it looks like Sherway has lost all its anchors. What anchor retailers are standing in the wings to fill these empty spaces?
Click to expand...
And you can’t split any of those anchors cause they all have multiple floors but only a ground entrance since Sherway is a 1 level mall for the most part
 
^Although I see your point I believe that there are practical design solutions to fix that.
 
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