Designer Depot: Difference between revisions
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Revision as of 12:50, 25 May 2015
Company type | Off-price department store chain |
---|---|
Industry | Retail |
Founded | 2004 |
Headquarters | Toronto, Ontario |
Products | Clothing, footwear, accessories. |
Parent | INC Group of Companies |
Website | http://www.designerdepot.ca |
Designer Depot is Canadian department store that sells brand names 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.[1]
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 no longer sold. Designer Depot no longer carries Plus sizes or 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 average store size is 32,000 square feet (3,000 m2). Designer Depot represented HBC’s entrance into the off-price market in Canada, which is approximately $5 billion and growing. There are nine Designer Depot stores.
Locations
Alberta
- Edmonton
- South Edmonton Common
- Westpoint Centre
- West Edmonton Mall
- Calgary
- Northland Village
- Sunridge Spectrum
Ontario
- Toronto
- Yorkgate mall
- Woodbine Centre
- St. Catharines
- First Pro Garden Centre
- Vaughan
- Vaughan Mills Shopping Centre
- Scarborough
- Eglinton Corners
- Mississauga
- Dixie Mall
- Windsor
- Walker Square
Nova Scotia
Locations included Thickson Place in Whitby, and Walker Square in Windsor, now vacant. A location at Eglinton Corners (Warden & Eglinton) in Toronto was dubbed Target Apparel but again currently a Designer Depot. Shoppers World Brampton in Brampton was scheduled to open a location, but later opened a Labels, under the same ownership.
See also
References
- ^ Shaw, Hollie (8 April 2008). "Hudson's Bay eager to log on to new era". Financial Post. Retrieved 2011-01-14.