Quote:
Originally Posted by MolsonExport
doesn't look good when Pharmaprix/Ardene and some fitness centre are designated anchors.
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This is where a bunch of Winnipeg malls are headed. From being anchored by the likes of Sears/Eaton's/The Bay/Woolco to being anchored by some combination of Canadian Tire, GoodLife, a supermarket, Winners, etc.
It seems to me that really only one mall's future is at least somewhat assured (Polo Park). The rest are on pretty shaky ground.
Even 10 years ago suburban mall retail seemed like such a sure bet, and with Target headed to Canada at the time it looked like it was going to get stronger. The bottom is starting to fall out pretty quickly. However, unlike with downtown retail districts I don't think there will be too many laments for the demise of shopping malls.