No closeout sales, just a dark store with a closed sign. Terrible shock to the employees I am sure.
The FS I used to go to was right next to a Best Buy, both stores had mostly the same stuff. Huge waste of money as far as leasing that kind of prime real estate. Right to the end they had a higher level of merchandise ie Marantz and some higher end appliances like Bosch at Future Shop but not at Best Buy. BB seems kind of like Walmart, mostly junk.
Canada is over-retailed. Too many retailers offering the same stuff to a shrinking middle class with less and less disposable income. The biggest mall in Winnipeg has about ten or twelve cell phone kiosks. Plus an Apple store. That is not sutainable. Sooner or later people are going to stop wanting a new phone every six months. Foot Locker, Champs, SportChek all selling the same overpriced sneakers to stupid kids. Watch for one of those three to fold soon.
Lowe's was going to open a couple of stores here and did a lot of preparation. They backed away after deciding that there was not sufficient market to support them and Home Depot, Rona and the smaller local stores.
Our economy is way too dependent on consumer spending. I forget the exact StatsCan figures but it was greater than manufacturing and resources combined. Instead of producing things we just shift things around and fudge numbers.
It's funny that the Bank of Canada keeps warning of rising consumer debt while consumer debt is the only driver of the economy. If everyone started being more careful and spending less the economy would collapse overnight.
:crazy:. People buy and eat there like it is their last meal 
