A monument to Edward VII adorns the centre of this tiny park located close to several of Sainte-Catherine Street’s major department stores and named after its donor, Thomas Phillips (in 1840). In fact, the first downtown stores were located around this Square. Today, we still find the famous Birks jewellery store, housed in a magnificent building (1864), and The Bay department store, originally called the Hudson’s Bay Company, founded by the trappers and used as a fur resale outlet.