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Wendell FOX

Home Depot to expand in downtown

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Home Depot aims to do downtown

In discussions on Gerrard Square

Sears closing its venerable store

DANA FLAVELLE

BUSINESS REPORTER

Home Depot Canada is close to snagging a site for a new store just east of Toronto's downtown core, fulfilling a long-held ambition to serve the city's densely populated centre.

The home-improvement retailer yesterday confirmed discussions with the owners of Gerrard Square, a neighbourhood shopping mall in Toronto's Riverdale area.

The location under discussion is currently occupied by a Sears Canada store. But Sears plans to close the store

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