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Eaton’s College Street in Toronto, opened inis an Art Deco masterpiece, and is currently used as a retail, office and residential complex. Views Read View source View history. Sears purchased all the shares of T. In its first year of operation, with Timothy Eaton responsible for buying the goods to stock the store, and a staff of four, expectations were low that a store with a no-credit and no-haggling policy would succeed.

Sears Canada closed some Eaton’s stores, converted others to Sears stores, sold others to The Bay or Zellersand kept a number of downtown stores with the intention of relaunching Eaton’s now stylized eatons in as a more high-end, modern brand, with a lowercase “e” in a circle as its logo and a splashy ad campaign built around the colour aubergine.

In fact, the former Eaton’s store is today known as the Spencer Building. By using this site, you agree to the Terms of Use and Privacy Policy.

George Eatonthe last of the family to be involved in management, resigned as chief executive inbeing succeeded by George Kosich.

The original downtown Vancouver store, on Hastings Street, also remains and now serves as the downtown Harbour Centre campus of Simon Fraser University. It is protected as a registered historical site, because of its rich Art deco design.

Over time, the competition between the Simpson’s and Eaton’s department stores, facing each other across Queen Street West, became one of Toronto’s great business rivalries.

It now sits in the city’s new arena, Bell MTS Placeone floor up from nearly the same spot where it stood in the caalogo store. The first parade took place on December 2, Today, a large number of Eaton’s catalogue homes still exist throughout the country, primarily in the West. It was broadcast live on radio and television in Canada, and CBS television in the United States broadcast the parade for a number of years.

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Eaton’s – Wikipedia

The initial staff of grew to within a few weeks of the opening. Although Mark Cohen officially announced that the Eaton’s chain had seen an impressive rebound in Juneby he retired the “Eaton’s” name.

After a highly emotional civic debate, which included a “group hug” of the “Big Store” by hundreds of people inthe store was demolished in to make way for a hockey arena, the MTS Centre. After the demise of Eaton’s, most stores were converted to other retail banners or other uses, with the downtown Winnipeg store generating the most controversy.

A chain that had once prided itself on its buying offices throughout the globe and on the unique and diverse goods that it offered its customers had, by the latter half of the twentieth century, an antiquated supply chain and a haphazard and confused approach to merchandising. Eaton Company Limitedcugler known as Eaton’swas a Canadian retailer that was once Canada ‘s largest department store chain. The seven-store experiment was not successful, and Sears Canada Caatalogo Paul Walters was forced to resign.

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Canadian Intellectual Property Office. In the s, Eaton’s tried to expand its reach in Canadian retailing by opening a chain of discount or “junior” department stores called Horizon. Over catwlogo, Eaton’s stores opened in other cities across the country. Inthe Toronto Eaton Centre opened in downtown Toronto, replacing two previous downtown Eaton’s stores.

InGeorge Kosich resigned as chairman of the board and was succeeded by Brent Ballantyne, under whom the company was taken public for the first time in its history, issuing InEaton’s purchased the Goodwin’s store in Montreal.

The business prospered, and Eaton moved the store one block north in August into much larger premises at Yonge Street. From Wikipedia, the free encyclopedia. The Montreal Eaton Centre, however, is expected to be renamed at the conclusion of renovations announced in to merge the complex with the adjacent Complexe Les Ailes the site of the former Eaton’s store in downtown Montreal. This page was last edited on 16 Novemberat Retrieved 10 October Retrieved 9 April Sears had intended to obtain the former downtown Montreal storehammdr it lost out to Les Ailes de ha,mer Mode.

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Not all former Eaton’s stores are architectural landmarks: These spaces were subsequently taken over mainly by Holt Renfrew Calgary hamemr Nordstrom in Ottawa, Vancouver, and downtown Toronto[14] though Sears Canada retained the top floors of the former Toronto Eaton Centre location for its head offices.

Filed for bankruptcy; assets were purchased by Sears Canada cutlee However, Eaton’s limited the number of store closures to Also, although closed following Eaton’s bankruptcy, the 9th floor restaurant in the former downtown Montreal store remains, albeit in an mothballed state and closed to the public.

Some Vancouver residents associate this heritage building with the Spencer’s Department Store which commissioned the construction of the storerather than Eaton’s which bought Spencer’s in and occupied the store until the s. It served an important economic role, as it broke local monopolies and allowed all Canadians access to the prices and selection enjoyed in some of the larger cities.

At the beginning of the 20th century, Eaton’s conducted a large business in Western Canada through its catalogue.

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The complex — stretching m on several levels from Dundas to Queen Street and boasting stores — was anchored at the north end by a nine-storey Eaton’s store. In one particularly disastrous move, Eaton’s moved to an “Everyday Value Pricing” strategy also known as “Eaton Value” inwhich meant that all cutlwr and sales, including Eaton’s famous Trans-Canada Sale, were eliminated. The end of the catalogue and of the Eaton’s Santa Claus parades, though being cost-saving measures, ensured Eaton’s no longer held the same place in Canadians’ hearts.