The stores are being sold for $947 million to a Boston-based private equity firm, nearly five years after the retailer filed ...

The nearly $950M deal comes five years after the struggling department store chain declared bankruptcy and closed multiple ...

The David Spencer department store in 500 block West Hastings on Dec. 1, 1948, the day the chain sold to Eaton’s. At the time the Vancouver store was compromised of three buildings.

The troubled department store’s intellectual property has been sold to Canadian Tire, but experts say the famous brick and mortar stores are likely to disappear. Updated May 26, 2025 at 9:59 a.m.

The Hastings store was sold to Eaton’s in 1948. Eaton’s moved to Pacific Centre in the 1970s and the site was redeveloped into Harbour Centre, which has a 28-storey tower.