A new report by CBRE finds that although foreign retailers continue to enter the Canadian market, they're doing so less than before. As global markets have largely recovered from the recession, international retailers now have an increased number of expansion opportunities to consider. The report, entitled How Global is the Business of Retail, analyzes 334 leading retailers in 61 countries. The report suggests that the Canadian retail market recorded fewer new entrants last year than the year before...
Nordstrom is currently hiring approximately 400 staff for its Calgary store. Job applications are currently being accepted, and interviews begin this Friday. Chinook Centre will be the company's first Canadian location, with the 140,000 square foot store opening on September 19th...
Canadian consumers are right, there is a price gap between the cost of goods in Canada and cost of goods in the United States. This has been an issue that retail buyers, wholesale reps and Canadian distributors have been struggling with for well over a decade...
British lingerie retailer Agent Provocateur will open a flagship store at Canada's most luxurious retail plaza. Located within The Colonnade at 131 Bloor Street West in Toronto, Agent Provocateur will occupy two small retail spaces next to Escada.
This is my new favourite mall in Montreal, which is saying a lot because other malls in the area like Carrefour Laval and Quartier Dix30 have significantly upped their game in the past year.
But the late 2013 additions of Simons and Target prompted transformations throughout the mall. Hudson's Bay - once one of the dowdiest in the chain—to transform itself into a chic La Baie d’Hudson and carve space for Topshop/Topman within the building...
A new ranking of Canada's top 25 most valuable brands includes six retailers. The report, published every two years by consulting firm Interbrand, attempts to assign monetary values to brands. Eligible brands must be profitable, prolific, and provide publicly available financial information...
June is the month with the longest daylight hours of the year, which for the deal-hunter means that you have even more time to shop! But before you let the increasingly warm weather convince you to buy less-than-stellar deals, check out our latest buying guide. We searched through our extensive archives of sales, promotions, coupons, and daily deals to sort the fact from fiction when it comes to getting the best deals in June...
A potentially revolutionary invention could see mall parking lots, as well as streets and other ground surfaces, paved with solar panels. It sounds outlandish but it's already being funded and tested, and its inventors are seeking funding to make it a reality. Interestingly, the technology would also allow for parking surfaces to be modified with ease, as LED-illuminated roadway lighting would replace painted asphalt. Its inventors say that the technology will pay for itself, not to mention be beneficial to the environment.
Solar parking lots (and streets) could do the following:
allow malls to create handicapped and other targeted parking zones, based on needs at the moment,
improve road safety by changing traffic patterns in real time when needed, essentially eliminating the need for painted roadways
Above is an updated rendering of Roots' expanded and renovated Downtown Vancouver flagship store. Its exterior will be transformed, becoming more modern and attractive. In February, we interviewed Roots Canada co-founder Michael Budman, about his company's proposed renovation and expansion to Root's Vancouver flagship. Roots recently re-signed a long-term lease for the Vancouver retail space as part of its renovation and expansion plans...
Can Toronto support all of its recently announced luxury retail? Holt Renfrew is expanding its Bloor Street store, building a new 120,000 square foot Mississaga unit, and has recently completed an expansion and renovation of its Yorkdale Shopping Centre location. Yorkdale, itself, has created a world class luxury wing, welcoming first-to-market retailers such as Bulgari, Moncler, Jimmy Choo and Versace. Moreover, Toronto's Yorkville area will soon boast Canada's only Kiton store, while pricey international brands David Yurman, Christian Dior, Bulgari and others seek space in the Bloor Street area. Saks Fifth Avenue will also open at least two Toronto stores in the next two years, contributing to an unprecedented luxury retail boom in Canada's largest city.
