Fields Dollar Depot may remain open after all

It looks like Invermere's Fields Dollar Depot might not be biting the dust after all.

  • Apr. 10, 2012 10:00 a.m.

It looks like Invermere’s Fields Dollar Depot might not be biting the dust after all.

According to Hudson’s Bay Company (HBC) External Communications Manager Tiffany Bourré, Fields has entered into a “tentative” agreement with Fields Holding Company (FHC) to acquire the leases of 37 Fields store locations, with the opportunity to assume another 22.

Invermere is one of the aforementioned 37. FHC will either assume the existing Fields lease or enter into a new lease agreement with the landlord. They will also acquire the inventory, fixtures and name of the store. HBC is currently working to finalize the agreement with the FHC.

In Ontario, that province’s 26 stores were set to shut down at the end of February.

In April of 2011 the store held a grand reopening after several weeks of renovations meant to make the local Fields easier to navigate and more pleasant to shop at.

Only six stores in the country were upgraded to the new Dollar Depot model.

At the time, local store manager Max Ostroff told The Echo the Fields’ chain felt that the Invermere store “was doing enough business to warrant the renovation.”

 

Invermere Valley Echo