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So Long, Stollerys

Toronto Retail
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The iconic menswear shop that has sat at the southwest corner of Yonge and Bloor for 114 years confirmed on its website that it will be closing. A developer has bought the property (no plans have yet been revealed). The landmark store—which started as a smaller shop at One Bloor Street West in 1901 and grew to four floors—is facing heated competition in high-end menswear along Bloor Street West from Harry Rosen and Holt Renfrew. In recent years, the Stollerys property was rumoured to be the location of a new Apple store. Across the road, construction is under way on One Bloor, a 75-storey tower that will have 100k SF of retail on three levels.