Princeton’s Fields will stay open under new ownership.
The Hudson’s Bay Company announced in February that all 167 Fields in Canada would close by this fall, but an agreement has been made with a company to take over the lease.
Fields Holding Company purchased 57 Fields stores, including the Princeton location, from the Hudson’s Bay Company.
A sign on the store’s front door says it will be back in business on May 1 after inventory work is completed.
The name of Fields will remain, and merchandise will likely stay the same.
The Hudson’s Bay Company previously announced the closure of all Fields so it could focus on The Bay, Lord & Taylor and Home Outfitters.
Fields closing would be a big loss to the community, said Princeton Chamber of Commerce president Brenda Crawford when the original announcement was made.
“The last thing we need is Fields closing, especially with all the new mine families in town,” she said.
She was worried Fields closing would lead to families driving out-of-town to shop at big box stores like Walmart.