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Downtown Montreal is a renter’s market again for businesses looking to move offices, at least.
Office space available for subleases in the city’s central core jumped 33 per cent in the fourth quarter of 2020 to reach 853,032 square feet, according to Devencore’s winter 2021 market report, which is being released Tuesday by the real-estate brokerage and consulting firm.
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The trend helped boost downtown vacancy rates from 10.7 per cent in the third quarter to 12.1 per cent, their highest level in almost two years, Devencore data show.
Recognized skincare brand Kiehl’s will be closing several of its storefronts across the country as the company plans to prioritize its online store.
In an email to Daily Hive, Kiehl’s representatives confirmed the closure of eight out of 24 “freestanding stores” located in the GTA/London, Montreal, Laval, Coquitlam/GVA, and Edmonton.
“The shift in the retail industry and consumer behaviour has led L’Oréal Canada’s Kiehl’s Since 1851 brand to re‐focus its distribution strategy, prioritizing e‐commerce through its online platform kiehls.ca and strengthening its existing retail footprint while growing its partnerships with retailers such as Sephora, Hudson’s Bay, Nordstrom, Holt Renfrew, and Saks 5th Avenue,” said the Kiehl’s representative.”
MONTREAL Contrary to operations in long-term care homes in Quebec City and Montreal, the Eastern Townships and Monteregie have chosen to prioritize vaccinating health-care staff outside of CHSLDs first. In a statement released Thursday morning, Health Minister Christian Dube announced that 21 new vaccination sites will be set up by Monday. He stressed that all the sites were chosen “in order to maximize vaccinating priority groups.” The province had previously announced that long-term care home residents were the first priority group for vaccines, though authorities said they hoped that health-care workers, officially considered the second priority group, could be vaccinated concurrently.