10/06/2014 01:33 EDT | Updated 10/06/2014 01:59 EDT

Stollery's, And 6 Other Iconic Toronto Stores That Are History

Chris Barker via Flickr

Chalk up another victim of the retail revolution.

The Toronto menswear store Stollery's is closing its doors after 114 years of selling suits and ties at the corner of Bloor and Yonge.

Having what is arguably the best retail location in Canada’s largest city was likely one of the reasons the store survived generation after generation of upheaval in retail. But according to the Globe and Mail, the store was struggling with competitors who had a stronger online presence.

A developer has bought the location, but details are scant and it’s not yet known when the store will close its doors once and for all.

There was talk a few years ago that Apple wanted the location for a flagship Toronto store.

Stollery's is joining a growing group of iconic Toronto retail locations that have shut down or will soon do so. Check out all the landmarks the city has lost recently and/or will lose:

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