Employees can look for new opportunities at other Holt Renfrew locations or receive "personalized packages that reflect their service along with career planning support," the company said. The closure of the Edmonton store is part of Holt Renfrew's continuing strategy to focus on what it calls a large-format store model. Renovations and expansions are underway at two Toronto locations and the 250,000-square-foot Holt Renfrew Ogilvy in Montreal. An article last year in Retail Insider said the Edmonton store occupies 35,000 square feet. Holt Renfrew was founded in 1837 as a hat shop.

Source: CBC News May 14, 2019 17:09 UTC