Will Holt Renfrew Open in New York City?

On Monday, a tweet from the International Council of Shopping Centers’ (ICSC) Shopping Centers Today indicated that Toronto-based luxury department store Holt Renfrew could be looking for retail space in New York City.

On Monday, a tweet from the International Council of Shopping Centers‘ (ICSC) Shopping Centers Today indicated that Toronto-based luxury department store Holt Renfrew could be looking for retail space in New York City. Sources say that Holt’s has sought retail space in Manhattan in the past and if the retailer succeeds this time, it could possibly signal the beginning of Holt’s opening stores in various American cities.

Sources confirm that Holt Renfrew representatives were at the ICSC New York National Deal Making Conference on December 8th. On that afternoon, Shopping Centers Today (SCT) tweeted that “Canada’s Holt Renfrew department store is seeking space in NYC #CRE #NYConf #ICSC look for a lease signing soon”.

The tweet has since been removed from SCT’s Twitter account, though we screencaptured it, partly out of disbelief.

Holt Renfrew declined to comment on the subject. Sources at the conference, however, provided informative details that we’ll refrain from publishing at this time, except to say that SCT’s tweet may not be inaccurate.

Read More and industry analysis from Retail-Insider

Photo: smartlayover.com