By  on November 15, 2017

Holt Renfrew & Co. Ltd. has revised its plans to upgrade and expand its Ogilvy flagship in Montreal and now expects the project to be completed in 2020 at a cost of 1oo million Canadian dollars, or $79 million.

In 2013, Holt said it would overhaul Ogilvy and that it would have it all done by 2017. Management shifts and dramatic changes in Canada’s retail landscape, including the entry of Saks Fifth Avenue and Nordstrom stores, slowed progress on the project.

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