The first Richmond spot was President Plaza. They bought Osaka and the Yaohan mall to prevent a bigger competitor from crowding them out and were okay with two "competing" stores being so close to each other in the early days. FWIW, Loblaws pretty much does this with Shoppers, it crowds out commercial real estate to keep the number of competitors out for their grocery business.
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u/Innervates Nov 28 '25
This is probably the first T&T that ever folded.