Holt Renfrew Exits Downtown Edmonton Store After 70-Year Run [Analysis]

Multi-brand luxury retailer Holt Renfrew has shuttered its downtown Edmonton store, ending a 70-year run in Alberta’s Capital City. Amid a shift in strategy for the large-format retailer, many of Holt Renfrew’s concession brand partners were said to have not been interested in having an expanded presence in Edmonton’s downtown core, and the exit of Louis Vuitton to West Edmonton Mall is said to have been a major factor leading to the decision to ultimately close Holts’ Edmonton store. It comes at a time when Edmonton’s downtown core is seeing new developments that are shifting the retail focus northward.

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