Regina Retail

[SaskTaxpayers]

Yes, it is closing when the new one opens, and it's my understanding that it has already been sold and will be redeveloped. Not sure about the gas bar though.

As for the Landmark Cinemas/Costco question - not entirely sure why they had only Costco on this board at the Community Meeting and not the theatre, or vice versa. I would have expected them to make a big public announcement on the Costco, since they did the same for the theatre. That's why I was shocked when I posted it that it's literally garnered about 100x more views than any other of the regular posts on the page. It's insane, I thought it was already common knowledge and I was the one out of the loop.

[jigglysquishy]

The theatre is far from a done deal.

[VANRIDERFAN]

Still not going to a Costco no matter where they put it. Can't stand those places.

[dsmmace]

It's not real yet..

[Nathan]

Originally Posted by SaskTaxpayers

Yes, it is closing when the new one opens, and it's my understanding that it has already been sold and will be redeveloped. Not sure about the gas bar though.

As for the Landmark Cinemas/Costco question - not entirely sure why they had only Costco on this board at the Community Meeting and not the theatre, or vice versa. I would have expected them to make a big public announcement on the Costco, since they did the same for the theatre. That's why I was shocked when I posted it that it's literally garnered about 100x more views than any other of the regular posts on the page. It's insane, I thought it was already common knowledge and I was the one out of the loop.

It was... I think it's been mentioned in the general Regina Construction thread and possibly in the Regina Retail thread as well.

Just this was more official than the discussions before I guess.

[UPP]

Originally Posted by VANRIDERFAN

Still not going to a Costco no matter where they put it. Can't stand those places.

On behalf of all of us Costco shoppers who brave long line ups, we thank you.

[Baker58]

Originally Posted by jigglysquishy

The second Costco is more or less guaranteed to be in Coopertown

Really the only location that makes sense. They can't build in harbour landing or western because of Walmart. I don't see us getting a second for a long time though.

[VANRIDERFAN]

Originally Posted by UPP

On behalf of all of us Costco shoppers who brave long line ups, we thank you.

You are welcome.

[pappcam]

Originally Posted by Nathan

It was... I think it's been mentioned in the general Regina Construction thread and possibly in the Regina Retail thread as well.

Just this was more official than the discussions before I guess.

Which is why this doesn't really deserve or need it's own thread. It's a relocation of a big box store. It's barely newsworthy.

[Stormer]

Originally Posted by Baker58

Really the only location that makes sense. They can't build in harbour landing or western because of Walmart. I don't see us getting a second for a long time though.

I've forgotten. Is Walmart confirmed for Horizons/Westerra?

[Stormer]

CORNWALL RENO UPDATE FROM PCL:

https://gallery.mailchimp.com/b36421...troduction.pdf

[Cyro]

Costco thread merged here do to popular demand and requests.

[Nathan]

Originally Posted by Stormer

I've forgotten. Is Walmart confirmed for Horizons/Westerra?

I don't know if it was officially confirmed, but I do remember a lot of talk about Walmart being the anchor out there.

[BrutallyDishonest2]

Originally Posted by Nathan

I don't know if it was officially confirmed, but I do remember a lot of talk about Walmart being the anchor out there.

Walmart was looking, but not in Westerra/Horizons. I don't think they've secured Walmart, but things could have changed.

[Stormer]

It sounds like Sears in the U.S. is on the verge of bankruptcy. Once one of Regina's largest employers, we have mostly already taken the hit on their downsizing. This will be an opportunity for Cornwall.

[yveseluj]

Originally Posted by Stormer

It sounds like Sears in the U.S. is on the verge of bankruptcy. Once one of Regina's largest employers, we have mostly already taken the hit on their downsizing. This will be an opportunity for Cornwall.

Is Sears in the US a separate entity than the one in Canada?

[Stormer]

Originally Posted by yveseluj

Is Sears in the US a separate entity than the one in Canada?

Yes I think Sears U.S. only owns about 12%, but the Canadian entity is in no better shape and I can see this dragging them down. Sears Canada stock chart:

[brithgob]

Sears Holdings owns close to 12 per cent of Sears Canada. However, the head of Sears Holdings, Eddie Lampert, owns nearly half of the Canadian arm.

Also it seems like even when a Canadian subsidiary is outperforming the American parent, it's the Canadian arm that gets chopped first.

[Drofmab]

Originally Posted by brithgob

Sears Holdings owns close to 12 per cent of Sears Canada. However, the head of Sears Holdings, Eddie Lampert, owns nearly half of the Canadian arm.

Also it seems like even when a Canadian subsidiary is outperforming the American parent, it's the Canadian arm that gets chopped first.

And most of the remaining shares were (initially, at least) in the hands of Sears Holdings' shareholders... so, while Sears Canada isn't formally held by Sears Holdings anymore, I'd hazard a guess that the majority of Sears Canada shareholders hold Sears Holdings share as well...

[Drofmab]

Originally Posted by jigglysquishy

The theatre is far from a done deal.

What's your source? Does the Southland redevelopment completely change the landscape?