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retail spaceCityNews
•Business
Business & Economics
70% Informative
Hudson’s Bay is closing all but six of its stores in Canada .
Liquidation sales begin the process of emptying hundreds of thousands of square feet of retail space.
Retail analyst Bruce Winder says it's unlikely a single tenant will be able to take over a Bay store's square footage, no matter where it's located.
Retail space will get absorbed, says landlord Bassi .
He foresees unconventional tenants moving in to fill the void created by The Bay’s exit .
“In some cases you might see some type of car dealership. You might see pickleball courts, you might.
see additional service providers they might take the space and turn it into condominiums too.
VR Score
66
Informative language
61
Neutral language
74
Article tone
informal
Language
English
Language complexity
33
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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