Wednesday, June 3, 2020

Addition Elle, Thyme and Walmart Tire and Lube Express to Close

The retail collapse that existed before the pandemic continues even as stores slowly re-open across Canada. Reitman's which owns Addition Elle and Thyme Maternity stores will be closing on of them coast to coast before end of summer.

In Winnipeg that will be affect Addition Elle's Kenastton Smart park location and the location across from Polo Park on Empress. Thyme Maternity has a location in St. Vital Centre.

Walmart is closing its Tie and Lube Lube Express. across Canada. The only one that appears open in Winnipeg is at the St. Vital Walmart. Others at St. Vital Centre and Portage Avenue West appear to have already closed. And some Walmart seem to have never had them in the first place,.

There is little doubt Walmart will be able to re-purpose the space but this should as an example that even the mighty merchandiser has a tough time competing in this market.

Total number of jobs lost is unknown. However, it is the spaces left that might be hard to fill with the closure of Reitman properties. The power centre at Kenaston has been hot over and over recently. Could they be the one that starts converting to residential first in Winnipeg?

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