[eternallyme]

Originally Posted by Retail-Insider

Possibly. We're not privy to Nordstrom's lease with Rideau Centre. Holts would love to move into an expanded Rideau Centre (proposed space towards Rideau Street at the North-East section of the mall), but Nordstrom may have signed a non-competition clause blocking larger retailers like Holt's possible tenancy. Does anyone have any info regarding this?

Holt Renfrew seems to be sizing itself into 100,000-130,000+ square foot spaces (similar to Saks and Neiman Marcus, and not much less than Nordstrom's newer stores). As Ottawa's Holt's is only about 47-48,000 square feet, it would want to obtain at least double its current square footage in a new Ottawa (and possibly Edmonton and Quebec City) store.

Besides, it would need to go into a Rideau Centre expansion and not the existing mall since there is no place for such.