Holt Renfrew to open discount chain “hr2”

Holt Renfrew has announced it is going to open a new stand-alone line of “discount” stores that will carry “high fashion” to new consumers.  It is said the stores will be between 25,000 and 30,000 square feet, smaller than traditional Holt Renfrew locations and designed in a more open concept style (i.e. one big room like Winners). Most current Holt Renfrew stores are between 60,000 and 80,000 square feet.  Sounds like something we might see popping up “east of Laird.” Some little friends for Winners, Marhsalls and the rest of gang. Then there’s the Nordstrom’s factor. The big super service departrent store is going into Sherway Plaza and other Canadian locations.