Finance

Revitalization Alert: Old Department Store Transforms into Exciting New Bargain Shop in Downtown London

2024-09-30

Exciting New Venture in Downtown London

A Toronto-area entrepreneur is bringing a wave of change to downtown London by revamping a historic retail space into a vibrant liquidation store named Almost Free. This exciting venture is set to open its doors this fall at 140 Dundas St., right across from Market Lane.

Owner's Vision and Product Range

Owner David Nava, who also runs Canada Food Equipment in Toronto, is transforming the former Metropolitan department store site into a shopper's paradise filled with incredible bargains. “Customers can expect a wide range of products at prices that are hard to beat," Nava commented, emphasizing that the store will feature an eclectic selection of items—from trendy clothing to essential household appliances, beauty products, and groceries—all priced significantly lower than typical department stores.

A Rich History and a Promising Future

The iconic building, which has seen better days, has a rich history but struggled in recent years, previously housing a thrift store and even an exhibition showcasing the works of renowned street artist Banksy. “When I first saw this place, it was in complete disrepair—broken windows, a crumbling roof, and even pigeons making themselves at home,” Nava recalled. Despite its neglected state, he saw the potential for revitalizing the space into something that Londoners could be proud of.

Renovations and Commitment to Affordability

Renovations are already underway on the 20,000-square-foot ground floor, with new signage proudly displayed, signaling a fresh start. The building has sat unused for over 15 years, making its transformation all the more significant. “I can guarantee that we won’t be an expensive store,” Nava affirms. "Many people in this area are looking for affordable options, and we are here to provide just that.”

An Extensive Inventory at Unbeatable Prices

Almost Free aims to offer an extensive inventory, including televisions, laptops, freezers, microwaves, and even snacks like potato chips—everything at prices that could be less than half of what you'd find in traditional retail. By sourcing products from surplus stock of big-box retailers, Nava is able to pass on significant savings to his customers.

Excitement for the Grand Opening

As the opening day approaches, excitement is building not only for the new shop but also for what it symbolizes: the revitalization of a storied downtown space. “People are going to be pleasantly surprised,” Nava enthused. “If we do well here, we might even consider opening more locations in the area.

Conclusion: A New Chapter for Downtown London

Stay tuned for the grand opening of Almost Free, where phenomenal deals await and the spirit of London’s core is brought back to life! This is not just a store—it's a new chapter for downtown London.