The Drumheller Fields store, which has occupied the Valley Plaza for the last 28 years, will be closing this year.
This week, parent company Hudson’s Bay Company, announced that it would be closing all of its Fields stores across Canada. This is just a month after it closed 26 stores in Ontario. In all 167 will be closed by this fall.
“After careful consideration, Hudson’s Bay Company has announced we will wind down our Fields store operations,” said Tiffany Bourré, external communications manager for Hudson’s Bay Company. “We will wind down the remaining 141 store locations across the country in phases, with closures complete by Fall 2012.”
The Drumheller store opened in August of 1984 in the location, which was previously Vicker’s Grocery. Currently it has four staff members. Manager Diane Shymanski has been with the store since it opened.
The Hudson’s Bay Company operates under the banners of the Bay, Zellers and Home Outfitters. In January, it acquired Lord and Taylor Holdings LLC, a US department store. As part of that transaction, Hudson’s Bay Company invested $427 million, which went to reducing Lord & Taylor’s corporate debt.
“This is a strategic decision by Hudson’s Bay Company to focus on growing our other banners: The Bay, Lord & Taylor and Home Outfitters,” said Tiffany Bourré. “Fields was proud to serve the many communities across Canada where our stores were located and would like to thank all of our customers for their loyalty. Hudson’s Bay Company would like to thank all Fields associates for their dedicated service. “
