Retail giant Nike will be opening a massive Niketown flagship store at Toronto’s Yorkdale Shopping Centre in November of 2020, according to a report in Israel-based news publication Globes. According to a rendering, the 32,000+ square foot Niketown store appears that it will occupy part of the mall’s former Home Outfitters storefront as well as two main level retail spaces. It will be operated by Israel retail fashion chain Fox-Wizel Ltd which already operates sports and beauty stores in Canada.
According to the news report, Fox-Wizel will invest about $12 million in the construction of the new Nike store, with a substantial amount of the financing coming from Yorkdale’s landlord, Oxford Properties. A ten-year lease for the store was reportedly signed with an option to extend it for five years. Annual revenues for the Yorkdale Nike store are projected to be in excess of $20 million annually. Given that that mall’s annual productivity per square foot is approaching $2,000, that sales projection could be conservative.
According to a rendering, the new Yorkdale Nike flagship will occupy mall-level space currently occupied by a Zara Home store, as well as Le Chateau. It will be located next to the mall’s Massimo Dutti store as per the floor plan above. The second level of the Niketown flagship will be made possible by taking space formerly occupied by home furnishings retailer Home Outfitters. Parent company Hudson’s Bay Company recently shuttered the Home Outfitters chain as part of a corporate restructuring.
The Yorkdale Niketown will be Fox-Wizel’s largest storefront in the world, and will contain an expansive assortment of Nike products including fashions as well as technology and gadgets. Fox-Wizel already operates seven Nike stores in Canada through its subsidiary Fox Canada that also includes Israeli beauty chain Laline, which is also expanding aggressively into the Canadian market.
In 2017, Fox-Wizel signed an agreement with Nike Canada to set up a chain of stores in this country over a period of seven years. As a result, a chain of Nike stores have rapidly opened in Canadian cities, including at Toronto’s Yorkdale. One source said that the current Nike space at Yorkdale could be repurposed for a high-end concept for the brand, with details to follow.
In years past, Nike operated Niketown locations in major cities globally, though the concept was scaled back. Included was a Niketown location that once occupied nearly 40,000 square feet of space at 110 Bloor Street West in Toronto, which is now part of a Brooks Brothers store.
CHANGE LINGERIE AT LES PROMENADES GATINEAU PHOTO: LES PROMENADES GATINEAU VIA FACEBOOK
At a time when many retailers are closing stores in Canada, some that offer unique value propositions are continuing to see success and are opening new locations. One example is Danish lingerie and fashion brand Change (formerly ‘Change of Scandinavia’), which has announced that it will open four more Canadian stores this fall as it continues with a national expansion strategy that could see many more locations in years to come.
Change lingerie has seen considerable brand loyalty in Canada which is due in part to its expansive range of bra sizes that are unavailable in other retailers. Change offers more than 110 different sizes, with about three quarters of them being in the DD to M cup size range. The company’s mission is “to provide the perfect bra to as many women around the world as possible.” Change’s boutiques are bright and welcoming and feature a modern edge, which partner brokerage Think Retail says makes Change an ideal tenant for busy shopping centres as well as on high streets.
Most of the other retailers in Canada selling bras only offer sizing in the B to D size range and interestingly, some of the retailers that one might expect would compete with Change lingerie actually refer business if sizes in their own stores are less robust.
CHANGE LINGERIE CANADA VIA FACEBOOK
Prices at Change’s stores are kept reasonable and personalized service is also part of the retailer’s value proposition. Brand loyalty is also driven by its ‘Club Change’ loyalty program. At all Change locations, customers are provided free bra fitting to ensure perfect fit. In order to meet the needs of its customers, Change stores also feature loungewear, swimmer, nightwear and stockings, though the majority of product in its stores includes bras and underwear.
Change is confirmed to be opening four more store locations over the next 14 months. This month, two storefronts will open in suburban Montreal, including a 700 square foot storefront at the Place Rosemere shopping centre as well as a 750 square foot location at the Galerie Rive Nord.
In December of this year, Change will unveil a 1,000 square foot location at the Guildford Town Centre in Surrey (suburban Vancouver), which is one of Canada’s most productive shopping centres in terms of sales per square foot. In November of 2020, Change has confirmed that it will enter the London, Ontario market with a 775 square foot store at CF Masonville Place, which is also a productive shopping centre that is considered to be a leader in the region. More store announcements in the meantime could be made as negotiations are ongoing.
Change, which launched in Denmark as a private label brand in 1995 and opened its first retail store in Copenhagen in 2001, plans to continue growing its base of Canadian stores. In 2020, the brand plans to enter the Alberta market and is seeking spaces in the 600 square foot to 1,000 square foot range, while also looking to further penetrate markets where it already has stores and resultant brand awareness. Change is working with Tony Flanz of brokerage Think Retail on its Canadian store expansion and is the contact for enquiring landlords.
Globally, Change operates more than 250 corporate and franchised stores in 15 countries across three continents (Europe, Asia and North America), as well as an international e-commece website. Change opened its first store in Canada in 2006 and after retaining Mr. Flanz, the brand began to expand rapidly into markets across the country. Most recently, Change opened an intimate-sized 650 square foot store at CF Galeries d’Anjou in Montreal. Change operates 25 units in Canada in markets including the British Columbia/Lower Mainland, Greater Toronto Area/Southern Ontario, Ottawa, Greater Montreal and Quebec City.
Regina, Saskatchewan-based jewellery company Hillberg & Berk is expanding its retail operations this fall by opening new stores in British Columbia and Manitoba. The company has seen rapid growth which includes operating storefronts in cities in Saskatchewan and Alberta, as well as a network of retailer distributors in several Canadian provinces.
It’s part of a national expansion for Hillberg & Berk that could eventually see stores open across the country. Hillberg & Berk’s styles include a ‘Sparkle Collection’ that acts as a core for the brand, while also featuring gemstones and statement pieces as well as everyday basic designs that can be layered depending on the occasion. The brand has also embraced the personalization trend where pieces are meant to be meaningful to the consumer, including birthstones and charms that can be representative of family members of the wearer.
And while the merchandise is geared towards women between the ages of 25 and 40, the brand tends to appeal to a broad demographic, according to founder Rachel Mielke. “It’s very feminine and bold and classic,” she told Retail Insider in 2017. “We’re really trying to create pieces that are timeless and on trend, but they still have a longevity to them; they’ll still be relevant and beautiful in the future.”
PHOTO: HILLBERG & BERK VIA GOOGLEMAPS
HILLBERG & BERK’S “SPAKRLE BAR” AT CORNWALL CENTRE PHOTO: HILLBERG & BERK
Moving forward, Hillberg & Berk’s stores will feature a design beyond its traditional black-and-white aesthetic, by adding pops of colour including blush pink and burgundy. Stores will also be more open-concept — rather than product being contained behind glass cases, customers can browse products in the stores either on their own or with the assistance of one of Hillberg & Berk’s in-store client ambassadors.
Hillberg & Berk currently operates six stores and two kiosk-like ‘Sparkle Bars’ in Saskatchewan and Alberta. In Regina, Hillberg & Berk operates a flagship store at 2169 McIntyre Street, which is contained in a historic house painted yellow that is located just south of downtown Regina. In Saskatoon, Hillberg & Berk has stores at the Midtown Plaza in the city’s downtown core, as well as at the Centre Mall, which Retail Insider recently reported was seeing upgrades. In Edmonton, Hillberg & Berk operates stores at Southgate Centre and Kingsway Mall. In Calgary, the retailer also has a store at CF Market Mall. Hillberg & Berk’s ‘Sparkle Bars’ are located at Cornwall Centre in downtown Regina, as well as at West Edmonton Mall in Edmonton.
HILLBERG & BERK’S MIDTOWN PLAZA LOCATION ALL PHOTOS: 1080 ARCHITECTURE
1 of 5
In October, two inline retail spaces for Hillberg & Berk will open in two entirely new markets. That includes a 1,063 square foot store at the Coquitlam Centre in suburban Vancouver, which will boast a prominent location next to the mall’s Sephora store and across from high-traffic retailers including Uniqlo and H&M.
In Winnipeg, Hillberg & Berk will open its largest storefront to date in October at CF Polo Park, which will span 1,453 square feet. That store will be located next to the mall’s Coach store and near other popular retailers including Michael Kors, H&M and Lululemon.
In 2020, Hillberg & Berk will open a second permanent location in Calgary which continues to be a key market for the brand.
Hillberg & Berk already has brand awareness in British Columbia and Manitoba, where it is carried in various retailers that include the brand’s range of jewellery designs. Many of the retail locations carrying the brand are in smaller markets, which means the standalone direct-to-consumer storefronts in cities are less likely to affect sales at its wholesale partners.
HILLBERG & BERK’S SOUTHGATE CENTRE LOCATION ALL PHOTOS: 1080 ARCHITECTURE
1 of 4
In Ontario, the Hillberg & Berk brand is also carried in smaller retailers as the brand continues to gain consumer awareness. The Ontario market will also be a priority for Hillberg & Berk’s retail expansion into 2021 and beyond, according to Kelsey Shannon, Manager of Retail at Hillberg and Berk. Possible Toronto locations could include CF Sherway Gardens and Square One in Mississauga, for example. Ms. Shannon will be at the ICSC Toronto Conference in September to further strategize Hillberg & Berk’s expansion through discussions with landlords, which could also possibly include a retail expansion into the Ottawa market as well.
Hillberg & Berk is also looking to expand into the United States after receiving a grant from the Saskatchewan government for women entrepreneurs. The brand is recognized for supporting the women’s empowerment movement through its branding, design and distribution of jewellery and accessories. The US expansion is expected to include a dedicated e-commerce site, as well as wholesale distribution in various retailers.
Entrepreneur Rachel Mielke Founded Hillberg & Berk in 2007 by creating designs intended to be “modern and timeless, practical and functional” that are crafted from sterling silver, gold, and high-quality gemstones. Prices are considered accessible with many pieces priced at under $250, and prices can go higher for some designs featuring various gemstones.
HILLBERG & BERK’S KINGSWAY MALL LOCATION PHOTOS: 1080 ARCHITECTURE
RACHEL MIELKE, FOUNDER AND CEO OF HILLBERG & BERK PHOTO: HILLBERG & BERK
In 2008, Ms. Mielke went on CBC’s TV show Dragon’s Den, where she partnered with business mogul and philanthropist W. Brett Wilson for financing. Mr. Wilson is still involved in the business as an investor and consultant. In 2014, Saskatchewan’s Lieutenant Governor commissioned Hillberg & Berk to make a tourmaline floral-design broach surrounded by diamonds for Her Majesty Queen Elizabeth II, who has been photographed wearing it several times. In 2017, Hillberg & Berk was commissioned to create a second piece for Her Majesty Queen Elizabeth II which falso gained the jewellery brand positive press. Hillberg & Berk has also been popular with a wide range of celebrities, and the brand itself has collaborated with various other retail brands and well-known individuals.
Hugo Boss Yorkdale Flagship PHOTO: CRAIG PATTERSON
Upscale German fashion brand Hugo Boss has officially relocated its Canadian flagship from Toronto’s ‘Mink Mile’ to the Yorkdale Shopping Centre. The new Yorkdale store showcases Hugo Boss’ latest store design which is being rolled out globally in new and renovated locations.
The new Yorkdale Hugo Boss flagship occupies a space spanning nearly 6,650 square feet in the mall’s 2012 expansion wing which has recently seen the addition of several new luxury brand stores. A total of 5,766 square feet of the new Hugo Boss store is dedicated to retail space, according to the company.
The new Yorkdale flagship replaces a smaller Hugo Boss storefront that operated nearby for about seven years, measuring nearly 4,700 square feet in total. Last week, we reported that French luxury brand Balenciaga would be moving into the former Hugo Boss space with an anticipated opening date in December of this year, neighbouring recently opened flagships for Valentino and Bottega Veneta, as well as across from an expanded Holt Renfrew flagship that includes mall-facing ‘world of’ concessions for brands including Gucci, Fendi and Dior.
CLICK IMAGE FOR INTERACTIVE YORKDALE MALL MAP
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE ALL PHOTOS: HUGO BOSS
1 of 7
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE PHOTO: HUGO BOSS
The new Yorkdale Hugo Boss flagship carries an expansive assortment of Hugo Boss fashions for both men and women including ready-to-wear, footwear, accessories and leather goods, including the latest fall/winter 2019 collections that also include the brand’s ‘Runway Capsule’.
The store’s design features a brighter aesthetic with ample use of wood — Hugo Boss says that it sought to create a “warm and residential feel” by using materials to create “an inviting yet refined ambiance”. The furniture and fixtures in the new store were designed with clean lines and arranged to showcase the product itself.
In an effort to make guests feel comfortable, seating areas can be found throughout the store. The light wood walls contrast with granite flooring and grey carpeting in some areas. Modern elements include digital LED screens showcasing brand-related campaign videos and fashion shows.
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE PHOTO: HUGO BOSS
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE PHOTO: HUGO BOSS
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE PHOTO: HUGO BOSS
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE PHOTO: HUGO BOSS
FORMER HUGO BOSS FLAGSHIP AT 83 BLOOR ST. W. IN TORONTO. PHOTO: CBRE
The new Yorkdale Hugo Boss flagship replaces the brand’s former Canadian flagship that once operated at 83 Bloor Street West in Toronto’s famed ‘Mink Mile’. That Hugo Boss store occupied a building encompassing 13,900 square feet over four floors, including a basement level. The three above-grade retail floors spanned about 10,300 square feet with each level measuring about 3,500 square feet.
The former Mink Mile Hugo Boss flagship closed in January of this year after a nine-year run in the standalone building that stood between Sephora and COS, and across from luxury menswear retailer Harry Rosen. The Bloor Street Boss flagship opened to much fanfare in December of 2009 in a prominent three-level building that has housed a variety of tenants over the years. As of September 2019, the former Hugo Boss space is being used as a luxury clearance centre for a well-known local retailer while brokerage CBRE looks to lease the building to a new retail tenant.
HUGO BOSS’ NEW YORKDALE FLAGSHIP STORE ALL PHOTOS: HUGO BOSS
1 of 5
Toronto’s stretch of Bloor Street West between Yonge Street and Avenue Road is seeing a transformation that includes the addition of some of the world’s biggest brand names. Any day now, luxury brand Christian Dior will officially open its largest flagship in North America at The Colonnade, joining luxury brand flagships for the likes of Hermes, Gucci, Tiffany & Co., Prada and Louis Vuitton. Brokers and other sources confirm that the area is expected to see a flurry of leasing activity after the opening of Eataly at Manulife Centre at 55 Bloor Street West, as well as the completion of the Holt Renfrew flagship at 50 Bloor Street West next spring. We’ll be reporting more extensively on Bloor-Yorkville’s retail transformation in the days and weeks to come.
Hugo Boss also recently closed its West Edmonton Mall store temporarily for a renovation. Its interior is now similar to that of the new Yorkdale Boss flagship.
RENDERING OF ONE OF THE ROOMS IN THE DR. SEUSS EXPERIENCE CENTRE AT SQUARE ONE IN MISSISSAUGA. PHOTO SUPPLIED VIA KILBURN LIVE/NKPR
Landlord Oxford Properties is adding a unique entertainment attraction to its Square One property in Mississauga. In October, the world’s first ‘The Dr. Seuss Experience’ will open in a standalone site across from the massive shopping centre, with a goal of increasing traffic to the area while also attracting visitors from the Greater Toronto Area and beyond.
The Dr. Seuss Experience was created in a partnership by Kilburn Live and Dr. Seuss Enterprises, which will see the traveling entertainment concept open in several cities in North America for a limited run. The Square One activation opens to the public on October 26 and will be open for at least three months, according to Square One’s General Manager Greg Taylor.
The 15,000 square foot Dr Seuss-branded experience centre will occupy a standalone building at 199 Rathburn Road and it will be highly immersive and experiential. The space will provide a “journey” with separated rooms themed after Dr. Seuss stories and characters. That includes areas dedicated to “The Cat In The Hat” to “Horton Hears A Who!” and “The Lorax,” as well as other timeless favourites that will be brought to life in the new Dr. Seuss Experience centre.
RENDERING OF THE BALOON MAZE AT THE DR. SEUSS EXPERIENCE CENTRE AT SQUARE ONE IN MISSISSAUGA. PHOTO SUPPLIED VIA KILBURN LIVE/NKPR
At the centre of the Dr. Seuss Experience will be an inter-connected maze inspired by “Oh The Places You’ll Go!” story that will be comprised of thousands of suspended balloons. Each of the rooms in the Dr. Seuss Experience centre will be colourful and will no doubt be photographed by those posting to social media such as Instagram. The company says that the centre will also explore the social message at the heart of each featured story showcased in the new space.
As well, The Dr. Seuss Experience centre will include a themed carousel, as well as a retail space where visitors can purchase Dr. Seuss-related merchandise. Tickets for Square One’s experience centre go on sale on September 13th and advance ticket registration opened this week.
Mississauga will be the first of several markets in North America for the traveling Dr. Seuss Experience. The company says that it will also launch similar concepts next year in Seattle, Boston and Houston.
CLICK IMAGE FOR INTERACTIVE GOOGLE MAP
The Dr. Seuss Experience is being used to drive traffic to the Square One District, which includes the massive enclosed Square One shopping centre as well as surrounding buildings. Landlord Oxford Properties owns about 130 acres in the Square One District, which is expected to eventually see redevelopment as Square One transforms as an integral component to downtown Mississauga.
Given the strong brand awareness of the Dr. Seuss brand, visitors from the Greater Toronto Area and beyond are expected to come to the new activation. Oxford Properties has been adding attractions and other non-traditional retail uses to the centre with great success. Sources confirm that the landlord will also roll-out other entertainment centres in at least two of its properties, with details to follow.
In the spring of 2019, Square One unveiled a food hall called ‘The Food District’, which has proven to be a success by driving foot traffic to the centre while bringing in visitors from a wider trade area. In the spring, as well, Cineplex concept ‘The Rec Room’ opened across from the Food District, both in a space once occupied by Target and in years prior, an Eaton’s department store. Japanese fashion retailer Uniqlo and ‘cultural department store’ Indigo also occupy the same former Target space.
In an earlier interview, Square One’s Greg Taylor explained how Square One saw increased foot traffic after the opening of the Food District as well as The Rec Room. At the same time, sales in the mall’s upgraded food court and full-service restaurants also saw impressive increases after both opened in the spring. The Dr. Seuss experience will become yet another attraction for the Square One District, which also features Cineplex-owned entertainment and amusement concept Playdium in a freestanding building across from The Dr. Seuss experience.
The building at 199 Rathburn, itself, was once home to retailer Solutions and prior to that a combined Sport Chek and Atmosphere retail storefront. In the fall of 2015, Sport Chek relocated into a massive 73,300 square foot space within Square One that was once a Sears anchor — Quebec City-based La Maison Simons occupies the rest of the former Sears space.
‘SOUTH EXPANSION’ AT SQUARE ONE IN MISSISSAUGA. PHOTO: OXFORD PROPERTIES
Square One is one of Canada’s largest, busiest and most productive shopping centres. That’s according to the Retail Council of Canada Shopping Centre Study, which will be releasing updated numbers this fall (with details to follow). The Square One shopping centre itself sees about 23 million annual visitors in a centre that spans more than 2 million square feet of retail space, with sales per square foot for non-anchor reporting tenants in excess of $1,100 annually. The centre is one of only a handful in Canada to boast annual retail sales in excess of $1 billion.
Square One is the only major shopping centre in North America to feature a Walmart store in the same mall as a luxury department store. Holt Renfrew, which opened an impressive flagship store at Square One in the summer of 2016, is at the opposite end of the mall from Walmart, which operates one of its top-selling stores at the centre. The only La Maison Simons store in southern Ontario is located at Square One, featuring a wide range of fashion brands from reasonably priced private-label designs to luxury brands such as Balmain. Square One also features a wide range of retailers from the affordable to luxury brands such as Salvatore Ferragamo and Rolex. In all, Square One boasts about 350 retailers and 8,700 parking stalls, and even includes valet parking to attract monied shoppers.
Shopping centre landlords across Canada are adding entertainment to diversify offerings and attract consumers. Oxford Properties and other landlords have invested billions of dollars over the past decade to upgrade shopping centre properties, which has led to a polarization where the top malls continue to see success. In years to come, we will see more entertainment-focused additions to shopping centres in Canadian markets. This fall, for example, the Vaughan Mills in suburban Toronto will launch the world’s first Cirque du Soleil ‘creative centre’, which is expected to further increase traffic to that centre.
In today’s highly competitive retail landscape, particularly in Canada, marketing “in the now” can boost much needed store visits and sales. The key to this approach is delivering timely, relevant and compelling marketing communications via mobile and social channels. The result? Real-time customer connections and digital engagement. Is your operation equipped for this? Do you know your customers well enough – or have the right customer data – to interact with them in a personalized way?
Sending the right offer at the right time and place is crucial, according to our recent study, called the Digital Imperative, which surveyed 4,000 consumers across the US, UK, Australia and Canada. Survey results showed that, for 44 percent of consumers, timeliness is important to whether they use a promotion, and 33 percent compared prices and availability of products through their mobile device while out shopping.
The study also showed that while consumers increasingly use digital channels to browse and research products, the majority (69 percent) still complete their purchases in a physical store. That’s great news for retailers. It also highlights the huge opportunity for retailers using mobile and social channels to enhance their customer’s ‘traditional’ physical shopping experience.
Use mobile and social to boost sales. If you’re a retailer, here are three ways to leverage mobile and social channels for marketing “in the now” that can help increase foot traffic and sales.
Avoid your stores becoming a digital “black hole”. Google recently noted a 150 percent jump in “near me” searches because consumers increasingly use “near me” searches not only to find a place, but to find what they need. Any retailer or its products could show up in a relevant “near me” search. However, once the consumer is inside the store, the retailer’s ability to connect with that shopper all but stops. Most retailers have patchy Wi-Fi or mobile data connections or don’t offer secure public wireless network access at all. This is the equivalent of the physical sales space being a digital “black hole”. Imagine if you could help your customer find the correct aisle or shelf for what he or she needs, using their mobile device? Or send them a timely discount or offer before they leave the store, so they actually stay a bit longer and spend more or make a return visit? With the right digital marketing management and delivery platform, you can.
Use DIAL as the basis for your marketing efforts. Almost all consumers surveyed (94 percent) in the Eagle Eye study said the relevance of an offer is important in their decision to use it. But how do you know what’s “relevant” to a particular customer? At Eagle Eye, we promote the DIAL approach (i.e. Data, leading to Insight, driving Action to promote Loyalty). Digital interactions via email, social media and mobile apps, among other delivery methods, can provide you with valuable customer data to draw meaningful insights about their preferences and behaviours. Tie this data to sales in-store and online and use the resulting insights to drive your marketing activities and offers (action), which can serve as the foundation for boosting not only sales, but customer loyalty too.
Gain a single customer view. Managing different channels and all the data they generate can be overwhelming. It’s important to bring all customer-related data sources together in one place to get a single customer view and cross-reference customer identities and preferences with sales and data from external sources, such as store location, time of day, etc. This is where a robust digital marketing solution can make all the difference in a retailer’s ability to fully understand customer’s preferences and behaviours and manage improved future interactions and outcomes.
Mobile and social channels offer abundant opportunities for brick-and-mortar retailers who are willing to add a digital layer to their marketing efforts, to support every phase of the shopping journey. Being able to personalize customer communications in real time using the right digital marketing platform enables retailers to DIAL up their customer acquisition and retention strategy and win with consumers in today’s digitally enabled and data-driven competitive environment.
Sean Keith is the Director of New Business Development at Eagle Eye, a leading SaaS technology company that enables businesses to create real-time connections with their customers through digital and mobile promotion solutions. Recognized by the World Economic Forum as a Global Shaper, Sean helps brands in the retail, food & beverage and hospitality industries implement digital transformation initiatives to better understand customer behaviors and drive revenue growth among Canadian businesses.
Vancouver-based bridesmaid and social attire brand Park + Fifth has expanded in the Canadian bridal industry market with its roots as an online made-to-order business.
Today, owners Brooke Johansen, Zoe Tisshaw and Jenny Wright-Harper have grown to be an off-the-rack retailer with stores in three provinces across Canada.
The business began more than three years ago.
“We are dress company focusing at the beginning on bridesmaid dresses. We really saw a gap in the market for trendy, well-fitting, well-priced bridesmaid dresses. So that’s what we started the brand with,” said Johansen. “And it’s still our bread and butter today. But now we have a whole social occasion section. So dresses for anything like weddings, barbecues, any type of event.
PARK + FIFTH’S VANCOUVER FLAGSHIP PHOTO: PARK + FIFTH VIA FACEBOOK
“A lot of white collection which we really focus for brides for anything white all year round which is actually pretty tricky to find. So things for engagement parties, bachelorettes, bridal showers, rehearsal dinners. All those kinds of events that go along with weddings. And we just launched our very first full bridal line. We did that because there was a huge gap in the market for really well priced bridal dresses. Our bridal dresses are $500 to $1,300 and we’re able to keep these prices so low because we don’t wholesale anywhere. We just sell directly to our customers through our retail stores.”
Tisshaw said the name of the business came from the inspiration of New York fashion and street names in New York – the mecca of fashion.
“I grew up sewing dresses and I always made people dresses – for my friends,” she said, adding that she made bridal dresses for friends who were looking for something a bit more modern.
That’s where the idea initially was born for Park + Fifth as she saw the great need for a modern, rewearable bridesmaid dress to be out there in the world.
PARK + FIFTH’S TORONTO SHOWROOM ALL PHOTOS: PARK + FIFTH VIA FACEBOOK
1 of 5
Johansen’s background is a business degree from Simon Fraser University in British Columbia. She met Tisshaw at retailer Kit and Ace working in the product management department – allocations and buying. And from there the idea for Park + Fifth was born.
From the online world, the business opened its first bricks and mortar store in Vancouver then followed with a store in Toronto and in Calgary. The Calgary store is located within the Lovenote Bride store.
“Right now we’re really focusing on the three stores that we have. Toronto and Vancouver are studio space stores. So they’re second level. They’re by appointment only for the most part and we really want to focus on it getting full retail street front stores in our three retail locations before we move anywhere else,” said Johansen.
Tisshaw said the company’s product is designed, developed and manufactured within the company.
PHOTO: PARK + FIFTH VIA FACEBOOK
1 of 2
PHOTO: PARK + FIFTH VIA FACEBOOK
By starting as a made-to-order business, Park + Fifth’s owners were able to really understand the market and consumer demand before each wedding season started. They quickly gained recognition and popularity for their line of rewearable and “Instagramable” dresses with their Un-Bridesmaid collection. They saw a gap in the market for affordable bridesmaid dresses women actually wanted to wear – and would wear again.
But in order to grow as a business it recognized the importance of being a physical retailer and re-launched in 2018.
A key to its success is selling directly to customers with no wholesale markups and customers can go home with the dress they choose the day-of purchase, something rare with other bridal brands.
The recently launched first wedding dress collection is available on a made-to-order basis. The bridal collection is available in Vancouver, Calgary and Toronto stores as well as online.
We all strive to establish longevity within our careers. This involves the ability to reinvent yourself, and foresee possible obstacles within your field by arming yourself with the tools to tackle them. How do we do this? We educate ourselves. The more knowledge you possess the more power you hold. The question lies, however, in where to source this knowledge? Does the answer lie in third-level education? Or, perhaps, in work experience?
I have spent the past twenty years in the fashion industry, as a leader and motivator. This question became prevalent in my life when I decided to divert my career path. I weighed up the pros and cons of going back to university, and I thought long and hard about my experience to date, what it has taught me and how well equipped I am today because of it. The question of educational value versus experiential value when it comes to attaining an executive position is age old, and perhaps one that will never fully be answered. This is my understanding of the dichotomy from my experience of the retail industry.
Education vs Experience
Looking at the many executives that exist within my world of fashion retail, I see that a large majority of them hold postgraduate levels of education. However, on discussing this topic with the few I have the pleasure of knowing, I came to realize that the general consensus rests on the idea that experience is what propelled these executives to the positions they currently hold. Yes, their education allowed them to enter the workforce with an elevated status, but it was their experience that secured the senior positions.
I sat with this information for a while. I took my time defining what attributes I believe are needed to make a good leader based on my twenty years in the industry. I wondered if said attributes are acquired through education or experience, or both. This is what I settled on.
I’ve learned over the years that the best leaders are those with experience on the sales floor. I like to compare the sales floor to a battlefield, with the sales associates being the army. Without knowledge of the front line, a leader cannot effectively advise their subordinates on how best to deal with the conflict that may arise on the battlefield.
In saying that, education is undoubtedly important. It provides you with a vast knowledge and clear understanding of the field you have studied and wish to forge a career in. Education is a privilege and an asset in all facets of life. The issue arises, however, when someone is lacking in the practical experience needed to navigate the often erratic nature of a sales floor.
A successful leader needs to be well rounded and have experience in all aspects of the business. A successful leader also understands that without a diverse group of people working alongside them, their ideas will not come to fruition. This brings me to my next point: a leader needs to understand the kinds of people necessary to build their army. I like to refer to these people as the Minder, the Finder, and the Grinder.
The Minder The minder is the leader. They are well versed on how to methodologically approach each situation, whether that be on the sales floor or back of house. Their strengths lie in the application of logic and rationale. They are often on the introverted side of the spectrum and more in their own head, existing behind the scenes, so to speak. This enables them to keep an eye on more than one person at once, with time and energy to assist each member of the team and assure that the army is moving in the right direction. They are able to cultivate, train, and fine tune talent.
The Finder The finder is the hunter. They seek out new opportunities and initiatives. They focus on sourcing new talent for the workplace and acquiring new clients for the organization. They are personable, outgoing, and adept at recognizing opportunities. They are often the outsourcer, the “work smarter, not harder” kind of individuals. They have the ability to turn customers into repeat clients.
The Grinder The grinder is the labourer. They will work tirelessly until the project is complete. They are often the perfectionists in the group. You can almost assure that any project they do, or task they complete will be done correctly and to the best of their ability. They are the hustlers and will work to ensure longevity within the company.
How to become a successful leader
While reading those descriptions did you think to yourself “this one suits me” or “I have aspects of all three”? The most successful leaders may not need an MBA, but they do need to be able to do two things. First, they need to have aspects of those three characteristics. Second, they need to be able to recognize those three characteristics in other people.
This is not to say that you cannot excel in an executive level position without holding all three. If you are able to understand and appreciate these three characteristics, you will likely be able to implement aspects of each into your own life, while also ensuring you surround yourself with people who are competent in the areas you are less confident in. Understanding these characteristics will allow you to further understand your team and how to deliberately place people into appropriate work spaces. This will assure your team is working in harmony and talent is placed where it is most useful.
Trust as a leader
I recently read an article by Jenna Goudreau in Business Insider about Harvard Business School professor, Amy Cuddy. Cuddy, along with many other psychologists, believes that people ask themselves two questions when they meet someone new, “can I trust this person?” and “can I respect this person?”. Cuddy states that someone who embodies trust and respect in turn represents both warmth and competence. As a leader, it is important to cultivate these characteristics and ensure inclusion of them in how you lead.
Competence is highly valued in both a leader and a sales representative. For a sales associate, it is important for the consumer to know that the person they are talking to is knowledgeable and passionate about the product. As a leader, your team will be reluctant to follow you if they believe they know more than you about the topic you are trying to instruct them on.
A large part of being a successful leader involves the building of trust and likability. The most likeable people are the ones that we respect and trust. Competence and respect tend to go hand in hand as well as trust and respect. Leading with kindness and likability but also structure and direction is the recipe for creating a great leader.
Vulnerability as a leader
Dr. Brené Brown is a research professor at the University of Houston. Brown has spent the last twelve years studying vulnerability, courage, and shame. Brown’s theory is that when you shut down vulnerability, you shut down opportunity. Brown believes that the ideology behind vulnerability representing weakness is where shame comes into play. When we’re filled by the fear of what others think, it’s almost impossible to be authentic.
A powerful leader is someone who is not afraid to be vulnerable. They are not afraid to take risks or show weakness in order to empower someone else. Weakness makes people relatable, most of us have a hard time trusting those who are seemingly perfect. Vulnerability is lead by example.
A good example of vulnerability in leadership is the example of a wolf pack. In a wolf pack, the alpha dog organizes his army to walk in a very specific way. The leader, or alpha, will walk at the back of the pack. In front of him, come the stronger dogs, ready for battle. In front of those come the young, who are agile but perhaps not yet as strong. Leading the pack are the sick and elderly wolves. The dogs typically walk in a “V” formation with the Alpha dog bringing up the rear at the point of the “V”.
The back of the pack is the most vulnerable position so the Alpha will put himself there to assure that he can watch over his whole army. From there he can see potential danger. As the strongest dog, he is responsible for watching his own back while also watching over those on the frontline.
The alpha wolf is a strategist; he knows how to position his team to ensure they are competent. He will warn his team as to when they need to be on edge or ready to attack and put himself at risk in order to do so. Similar to a leader in the human world, the Alpha dog has appropriately placed the minder, the finder and the grinder to form the most successful team. By making himself vulnerable, he is allowing his team to prosper.
These skills cannot be taught in the classroom, but have to be learned through experience and human interaction.
I believe that holding a postgraduate degree will provide you with certain advantages and a strong minder personality. However, I do not believe it to be a necessary element in becoming a successful, motivating leader within the retail world. Holding an MBA is not a surefire way of becoming a respected and innovative principal. There are many attributes required that cannot be taught in school. To prosper in an executive position you need to embrace change, have the ability to admit when you don’t know something, and always be open to learning, both on the field and in the books. You should be able to recognize peoples’ personality types, appreciate the importance of each, and allow yourself and others room to be vulnerable and flawed. After all, as Brené Brown says, “vulnerability sounds like truth and feels like courage.”
Mina Ely
With twenty years in the luxury retail industry, Mina Ely has a broad understanding of the retail and fashion world. As a Luxury Retail Sales Specialist, Retail Strategist and Luxury Wardrobe Consultant, Mina provides a wide range of services to her portfolio of executive clients. Mina firmly believes that retails core values stem from the overall experience of the consumer and her goal is to ensure that the clients expectations are exceeded every time. Mina brings expertise that span the width of the business. Giving back to the community is important to Mina so she is passionate about partnering with charity organizations and hosting private events with the theme of “Fashion Cares for a Cause” in mind.
This week Craig and Lee talk about West Edmonton Mall, Decathlon and Balenciaga.
Retail Insider Podcast is available Apple Podcasts, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players.
Discussed this episode:
Other Topics:
Recent News: Retail Executives Moving/Shaking
Subscribe, Rate, and Review our Retail Insider Podcast!
French sporting goods retailer Decathlon, the largest one in the world, has its sights set on expanding across Canada in the near future, bringing its unique experiential customer focus to more Canadian cities.
Rob French, Chief of Digital Commerce & Communication with Decathlon Canada, said the company, which opened its first store in Lille, France in 1976, has a goal to make sports accessible to everyone.
“It’s very much for sports people who are just getting started or want to try different sports or want to test them. We’ll have families with children who may not be able to afford the more expensive brands out there . . . so we provide the best possible price, the lowest price possible, for those people,” he says.
Internationally, it has more than 1,500 stores in 51 countries.
The Canadian operations are based in Montreal. The first retail location was established in Brossard in the Greater Montreal Area in April 2018. It also opened a store in Boisbriand which is near Laval in April of this year.
French described the Canadian market as “healthy” with three more stores opening this year. In September, stores are planned to open in Ottawa and in Sainte-Foy, Quebec. A third one is slated for downtown Montreal in the Eaton Centre “which is quite ambitious”.
French said the company has plans for a number of other stores in Canada with plans to be in Toronto and Halifax as well. The western market is also on the company radar with Calgary and Vancouver key markets for expansion. The company wants to roll out its unique retail brand in the English community and over the next year it will be doing some heavy brand awareness to support that growth.
PHOTO: DECATHLON BOISBRIAND VIA FACEBOOK
Plans are also to open the company’s ecommerce business in Canada this year. The company will start slowly by making sure it is optimizing its warehouse and speed of delivery for customers. So satisfaction of first impression is the company’s first key performance indicator as it will be focusing on delivering products to homes in Montreal, Brossard and the Quebec and Ottawa area.
Then slowly but surely it will expand across all of Ontario and Quebec and perhaps across Canada toward the end of the year or the beginning of next year.
“These are experience stores. When you come in to a typical store you may find that it is arranged by brand . . . or it’s arranged by a specific category of sports whether it be camping or hiking. And we’ve done that approach where you come in and you have the different ranges of sports available,” said French. “We have over 400 different sports that we have access to and depending on the city or even the location of that store the sports that are chosen are based on the people of that area and the interest. The research is done prior to opening the store.
“People come in and they can actually try the sports. You can bicycle around the store. You can take a product away for a couple of days and try it out. There’s even rock climbing within the store. We have a stadium at the back of most of our stores where people can actually try volleyball, basketball, badminton. There’s various other testing areas and these really are to just get everybody an opportunity to try out the product. We’d rather people try it rather than buy it first. It’s really a place for people to come and stay. The average time people stay is approximately 45 minutes or more. Upwards of more than an hour.”
PHOTO: DECATHLON BOISBRIAND VIA FACEBOOK
The stores also have a cafe to give people a place to sit and maybe decide on what they want or collaborate with Decathlon staff.
Another key initiative for Decathlon is connecting with the community as it has launched its community app where people can find new activities and places for sports for people. They can access coaches, events and venues.
French said Decathlon resonates with Canadian consumers on a number of different levels.
“Currently in Canada there is no lower price option on the market. There’s not much accessibility to try and experience sports before buying,” he said. “I think the biggest part of what’s putting us on the map in Canada is how we are community driven. We’re really involved in the community through environment, through sports places where people will play . . . We really want to connect people through our platform of our technology which we know will help us in the future through retail of product.
“We are very open as a company. We want to make sure that we are recognized across Canada as a Canadian company. We are hiring talent, localized people both English and French to help us there. We care very much about the people that work for us. And we also learn from other countries.”