Designer Depot: Difference between revisions

Designer Depot
Company type	Off-price department store chain
Industry	Retail
Founded	2004
Headquarters	Toronto, Ontario, Canada
Products	Clothing, footwear, accessories.
Parent	Hudson's Bay Company (2004–2008); INC Group of Companies (2008–2016, 2021- Present)
Website	http://www.designerdepot.ca (defunct)

Browse history interactively

← Previous edit

Content deleted Content added

VisualWikitext

Inline

Latest revision as of 02:57, 23 November 2023

Designer Depot is a Canadian deep discount department store and liquidation store that sold brand names at prices 25 to 60% below regular department and specialty store prices. Retailer Hudson's Bay Company (HBC) created the division in November 2004 and sold it in April 2008 to the INC Group of Companies.^[1]

The first location opened as part of the Vaughan Mills Mall in Vaughan, Ontario. Weekly shipments of clothing originated from Fairweather and associated chains. The merchandise was sourced through order cancellations by other retailers, excess stock, liquidations, not passing 100% quality check or bankruptcies.

Their slogan was "Designer Labels. Depot Prices."

The average store size was 32,000 square feet (3,000 m²).

References

^ Shaw, Hollie (8 April 2008). "Hudson's Bay eager to log on to new era". Financial Post. Toronto. Archived from the original on 16 May 2008. Retrieved 2011-01-14.

This retail business article is a stub. You can help Wikipedia by expanding it.

[1] Shaw, Hollie (8 April 2008). "Hudson's Bay eager to log on to new era". Financial Post. Toronto. Archived from the original on 16 May 2008. Retrieved 2011-01-14.

[1]

@@ Line 1: / Line 1: @@
 {{Infobox company
-| name   = Designer Depot
+| name = Designer Depot
-| logo   =
+| logo = Designer Depot Logo.svg
-| type   = Off-price [[department store]] chain
+| type = Off-price [[department store]] chain
-| foundation     = 2004
+| foundation = 2004
-| location       =  [[Toronto]], [[Ontario]], [[Canada]]
+| location = [[Toronto]], [[Ontario]], [[Canada]]
-| industry       = [[Retail]]
+| industry = [[Retail]]
-| products       = Clothing, footwear, accessories.
+| products = Clothing, footwear, accessories.
+| defunct =
-| slogan         = ''The Latest Looks For Less''
+| parent = [[Hudson's Bay Company]] (2004–2008)<br>INC Group of Companies (2008–2016, 2021- Present)
-| defunct       =
+| homepage = http://www.designerdepot.ca (defunct)
-| parent         = [[Hudson's Bay Company]] (2004–2008)<br>INC Group of Companies (2008–2016)
-| homepage       = http://www.designerdepot.ca
 }}
+[[File:Designer depot in Vaughan Mills 2022.jpg|thumb|240px|Designer Depot in [[Vaughan Mills]]]]
-'''Designer Depot''' is a Canadian [[department store]] that sold [[brand name]]s at prices 25–60% below regular department and specialty store prices. It was created in November 2004 as a division of retailer [[Hudson's Bay Company]] (HBC). It was sold by HBC in April 2008 to the INC Group of Companies.<ref>{{Cite news|url=http://www.financialpost.com/story.html?id=428721|title=Hudson's Bay eager to log on to new era|last=Shaw|first=Hollie|publisher=[[Financial Post]]|date=8 April 2008|accessdate=2011-01-14|deadurl=yes|archiveurl=https://web.archive.org/web/20080516083404/http://www.financialpost.com/story.html?id=428721|archivedate=16 May 2008|df=}}</ref>
+'''Designer Depot''' is a Canadian deep discount [[department store]] and liquidation store that sold [[brand name]]s at prices 25 to 60% below regular department and specialty store prices. Retailer [[Hudson's Bay Company]] (HBC) created the division in November 2004 and sold it in April 2008 to the INC Group of Companies.<ref>{{cite news| url=http://www.financialpost.com/story.html?id=428721| title=Hudson's Bay eager to log on to new era| last=Shaw| first=Hollie| newspaper=[[Financial Post]]| location=Toronto| date=8 April 2008| accessdate=2011-01-14| url-status=dead| archiveurl=https://web.archive.org/web/20080516083404/http://www.financialpost.com/story.html?id=428721| archivedate=16 May 2008}}</ref>
-[[File:Designer Depot Logo.svg|200px|thumb|right|2004–2014 logo]]
-The first location opened as part of the [[Vaughan Mills]] Mall in [[Vaughan, Ontario]]. Weekly shipments of clothing originate from Fairweather and Randy River outlets. Children’s, infant, and maternity clothing is also sold. Designer Depot  carries Plus sizes and Petites. The merchandise is sourced from around the world by a team of specialty buyers who buy the merchandise for various reasons, including order cancellations by other retailers, excess stock, liquidations, not passing 100% quality check or bankruptcies. Their slogan is “Designer Labels. Depot Prices.”
+The first location opened as part of the [[Vaughan Mills]] Mall in [[Vaughan, Ontario]]. Weekly shipments of clothing originated from Fairweather and associated chains. The merchandise was sourced through order cancellations by other retailers, excess stock, liquidations, not passing 100% quality check or bankruptcies.
-The average store size was {{convert|32000|sqft|m2}}. Designer Depot represented HBC’s entrance into the off-price market in Canada, which is approximately $5 billion and growing.
+Their slogan was "Designer Labels. Depot Prices."
-Since then, most stores have been closed.
+The average store size was {{convert|32000|sqft|m2}}.
 == See also ==
@@ Line 29: / Line 29: @@
 [[Category:Clothing retailers of Canada]]
-[[Category:Defunct retail companies of Canada]]