Structube, a retailer of contemporary home furniture across North America, is opening a store in Halifax. The 10,000-square-foot location will be the brand’s third East Coast location. Located at 209 Chain Lake Dr., Unit 8, Structube Halifax’s grand opening hours will run Saturday from 9:30 a.m.-6 p.m. and Sunday from noon-5 p.m. Structube credits its ongoing growth to the brand’s low-price strategy, according to a news release. Founded in 1974, the Montreal business is a leading retailer of furniture and accessories.
It might be the most expensive real estate ever leased in Canadian retail history, with the only remaining question whether anybody will pay the record $400 per square foot net asking rent at a key corner in downtown Toronto's most iconic intersection.
Today, Rocky Mountain Soap, which has outlets in Banff and Canmore, as well as two in Vancouver, four in Calgary, two in Edmonton and one in what was its easternmost location, Winnipeg – can also call Toronto home as the company has opened pop-up stores in the Toronto Eaton Centre, Yorkdale Shopping Centre and the Richmond-Adelaide Centre. A Red Deer operation is also opening soon. “Toronto Eaton Centre and Yorkdale are the busiest malls in Canada,” said Cam Baty, co-owner with Karina Birch. “They’re full retail stores, but they’re temp leases. For Richmond-Adelaide, we’re there for 18 months, then we can stay if we want to. “And Toronto Eaton Centre and Yorkdale are six-month trials. They’re super hard to get into, so we’re basically taking an empty spot in the mall and using it temporarily until they lease it to somebody full time.