The Kingsmill family has owned the store that bears their name for 148 years, and today the current president – and fifth generation keeper of the company – announced the downtown icon is up for sale. He’s preparing to retire and there’s no one else in their family that’s able to take the helm. It’s a bittersweet moment because while the family is moving on to a new chapter, this throws the store’s future into question. Up until this announcement, Kingsmill’s was one of the last family-owned and operated department stores in Canada. Now depending on who buys it, that designation will be lost.
The times, they are a changing.