![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
rfmcdonaldblogTO's Derek Flack reported yesterday that Toronto menswear store Stollerys, on the southwest corner of Yonge and Bloor, will close.
The Globe and Mail's Marina Strauss had more.
In an April post I noted after another that the store had missed opportunities. Why did it launch an online selling site only a year ago? Comments at blogTO and reviews at Yelp!, meanwhile, seem divided between people who like the style and people who dislike the often standoffish nature of the store towards novices.
Longstanding menswear retailer Stollerys will close its doors in the new year after a run of over a century at the southwest corner of Yonge and Bloor streets. Speculation that the store was in trouble has been tossed around for a while now, reaching a fever pitch a couple years ago when reports surfaced that Apple was planning to open a flagship store in the space. You can cue up the rumour mill once again now that the store has confirmed that it's set to close.
The Globe and Mail's Marina Strauss had more.
David McKenzie, sales manager at the store, said it hasn’t set an exact date for the shutdown, but it could be in January or February, after the busy holiday shopping period. He said a developer has bought the building, but didn’t provide further details.
“We still will be here for the foreseeable future,” he said. “We still have a lot of stock.”
The store, which industry observers have said is tired and in need of an update, has struggled with savvy nearby rivals such as Harry Rosen Inc., the country’s dominant men’s clothier which is rapidly expanding and upgrading its space, and Holt Renfrew & Co. Holt’s upped the ante this week when it opened its first men’s-only standalone store after having put a big push on bolstering its men’s fashion business over the past couple of years.
[. . .]
Stollerys also grapples with heightened online competition from Harry Rosen and an array of independents which are investing heavily in their e-commerce businesses. Stollerys launched its own online selling site about a year ago, Mr. McKenzie said.
In an April post I noted after another that the store had missed opportunities. Why did it launch an online selling site only a year ago? Comments at blogTO and reviews at Yelp!, meanwhile, seem divided between people who like the style and people who dislike the often standoffish nature of the store towards novices.
