One prominent retail analyst says the move could pave the way for a new wave of residential development at the site, which includes about 170,000 square feet of commercial space.
The merger of two of Ottawa's largest office furniture dealers was triggered by furniture maker Herman Miller’s $1.8-billion acquisition last summer of another leading global manufacturer, Knoll.
Deal combines "two really well-managed brands that have been pretty diligent about keeping modern and keeping up standards in their facilities," uOttawa professor Mike Mulvey says.
Local retail chain evolved into a multi-faceted operation that sold gas and forged affiliations with fast-food giants such as Subway and McDonald’s.
KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.
Iconic Ottawa chain has never forgotten where it came from even as it's grown into a nationwide discount retail leader with 259 stores and more than 10,000 employees.
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Local chain specializes in eco-friendly merchandise such as natural skin-care products and bathroom cleaners made without toxic chemicals.
The developer and property manager behind the Ottawa Train Yards shopping centre is proposing a new expansion that would add more than 5,000 square metres of new retail space.
The Rideau Centre officially cut the ribbon on its $360-million expansion project on Thursday, a massive redevelopment designed to bring a more “sophisticated” shopping experience to the city’s dow