Connect with us


Hudson’s Bay in Coquitlam closed, landlord says he defaulted on rent




Shoppers in central Coquitlam were surprised to find one of the mall’s flagship stores suddenly closed on Saturday.

The doors remained locked at the Hudson’s Bay Company on Sunday, with a notice saying “we are closed until further notice.”

A separate letter, issued by owner Pensionfund Realty Limited, said the store’s lease had been terminated “for failure to pay rent”.

Read more:

Penticton Mall and Bay involved in pandemic rent dispute

He adds that the department store has 30 days to dispute the defect.

In an emailed statement, Hudson’s Bay Company spokesperson Tiffany Bourr said the retailer was working with owners across North America to “amicably and logically share the losses suffered. during this ongoing pandemic ”.

The story continues under the ad

“We believe there are fair solutions to be found as we recover from this public health crisis. In this case, we are eager to reach a fair resolution, just as we have done with other owner partners. “

Click to watch video

Toronto-area Hudsons Bay employees receive pay cut, then are laid off

Toronto-area Hudsons Bay employees get pay cut, then lay off April 24, 2020

Dig360’s retail consultant David Ian Gray said The Bay is feeling the same pressure as many retailers as the pandemic accelerates the changes and challenges the industry is already feeling.

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]

“They are very heavy,” he says.

“(A lot of people) think, ‘yes, but we all shop online now,’ but the truth is that online sales don’t make up for lost physical in-store sales, especially with non-essential sales like fashion from bustling retailers. “

The company has been in court with several landlords across the country, after allegedly failing to pay rent for the past seven months.

The story continues under the ad

In Penticton, the company is embroiled in a legal battle with the Cherry Lane shopping center.

READ MORE:HBC coronavirus sues Yorkdale owner Square One alleging inability to run first-class shopping malls

The mall alleges the company owes more than half a million dollars in unpaid rent and has served The Bay with a notice of termination and a request to vacate the premises.

But in its own civil lawsuit against the Penticton owner, the company says the mall has failed to make significant improvements to reduce the risk of COVID-19 transmission in the mall.

With files from Jules Knox

Show link »

© 2020 Global News, a division of Corus Entertainment Inc.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]