Designer Depot was a division of Canadian retailer HBC. It was created in November 2004, and sold by HBC in April 2008 to the Fairweather Group[1]. The first location opened as part of the Vaughan Mills Mall in Vaughan, Ontario. It is a large department store that sells designer brand names at prices 25 - 60% below regular department and specialty store prices. It sells clothing, footwear, home decor, housewares, and toys. The merchandise is sourced from around the globe by a team of specialty buyers who buy the merchandise for various reasons, including order cancellations by other retailers, excess stock, liquidations, not passing 100% quality check or bankruptcies. Their slogan is 'Designer Labels. Depot Prices'.
The average store size is 32,000 square feet. Designer Depot represented HBC's entrance into the off-price market in Canada, which is approximately $5 billion and growing. There are currently 9 Designer Depot stores.
Toronto, Ontario
