Red Deer’s discount retail market is about to get a little more crowded.
Dollar Tree Canada has laid claim to 10,500 square feet of space in Bower Plaza at 2325 Gaetz Ave. The space was previously occupied by Sport Mart, which closed earlier this month.
Shane Olin of Blackstone Commercial Real Estate Services, which manages the shopping centre, said Dollar Tree is scheduled to take possession of the premises on Sept. 1. He didn’t know when its Red Deer store would open, and inquiries by the Advocate to Dollar Tree’s Canadian head office in Burnaby, B.C., did not produce an immediate response.
Dollar Tree Canada is operated by Dollar Tree Inc., a Virginia-based chain of discount variety stores that has more than 4,300 outlets in the United States. In November 2010, the company announced that it had acquired 86 Canadian Dollar Giant Stores. It has since opened other stores in Canada.
Dollar Tree Canada’s website says its stores carry a broad range of products, including housewares, dinnerware, cleaning supplies, food, health and beauty items, toys, party supplies, books and seasonal décor.
Olin said two smaller bays in Bower Plaza remain available for lease.
Meanwhile, exterior renovations continue on the building, with this work expected to wrap up in October or November, said Olin. Businesses in the shopping centre will remain open throughout.