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Simons opens first Toronto store at Yorkdale. Can it succeed where Nordstrom failed?

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La Maison Simons

opened its first Toronto location in Yorkdale Purchasing Centre Thursday, and chief government Bernard Leblanc talks with the Monetary Publish’s Larysa Harapyn about how the corporate is bullish regardless of the financial headwinds going through retail.

The 185-year-old Quebec retailer was capable of transfer into Yorkdale and a second location within the Eaton Centre this fall as a result of U.S. division retailer

Nordstrom Inc

left Canada, saying it had been too arduous to make a revenue available in the market.

Simons will spend a mixed $100 million on the 2 Toronto shops and Leblanc expects them to extend the corporate’s annual gross sales by 15 per cent.

 The Simons storefront in Yorkdale.

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With information from The Canadian Press



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Tags: FailedNordstromopensSimonsStoresucceedTorontoYorkdale
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