The shuttering of the Sears chain is still reverberating on the landscape of Canada’s malls more than five years later, The Globe and Mail reports. At some locations, like Toronto’s Fairview Mall and McAllister Place in Saint John, major overhauls followed the banner’s exit.
Kate Camenzuli, VP of retail at realty services firm CBRE, told the Globe that most of the former Sears properties remain dedicated to retail, but have been subdivided into smaller units, “allowing new product to come into the market.”
