cmd uw
Active Member
Yes, the owner is retiring. So that's why it's closing down after 40 years.This store has been here a long time, so I wonder if the owner is retiring. But Manulife and its upscale focus has been particularly hard hit and has had trouble adapting to the changing downtown environment.
Interestingly, there actually was more thriving retail here a couple decades ago, before more residential was added in the core or nearby, so I don't think that is real problem or adding more residential is a magic solution.