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HOLT RENFREW TOWER, TORONTO, RENDERING

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Retail Insider
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50 Bloor St. W. Tower/Holt Renfrew proposal

We’ve just been provided a rough color rendering of the proposed Holt Renfrew tower at 50 Bloor Street West in Toronto. The tower would be mostly residential at 83 floors, and would include a vastly expanded Holt Renfrew flagship store (at the base of the tower, with a marble and glass facade).

At this time we have few details about the expansion of the Holt Renfrew store itself, other than the expected square footage will be somewhere in the 200,000-250,000 square foot range.

Holt Renfrew website: www.holtrenfrew.com

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NEW LOUIS VUITTON MAISON AND TIFFANY & CO AT 150 BLOOR W. IN TORONTO

By
Retail Insider
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Louis Vuitton Bloor Construction 150 Bloor Street West

A new 15,000 square foot Louis Vuitton Maison will open Summer 2012 at 150 Bloor Street West in Toronto. It will replace a 6000 square foot location across the street at 111 Bloor Street West. Insiders tell us that the current Louis Vuitton store will become Christian Dior, but we can’t confirm this.

This will unquestionably be the largest Louis Vuitton store in Canada, surpassing the 10,000 square foot Maison that opened (an expanded location ) in the Hotel Vancouver December 2010. A Louis Vuitton ‘Maison’ is referred to as such both for the store’s size and the fact that ‘maisons’ include some sort of art instillation.

Tiffany & Co. will open a slightly-smaller location next to Louis Vuitton, with approximately 3000 square feet on the ground floor and 8000 square feet on the second floor. The current Tiffany & Co. store at 85 Bloor Street West will subsequently close, vacating approximately 13,000 square feet over four floors.

Louis Vuitton website: www.louisvuitton.com
Tiffany & Co. website: www.tiffany.com

UNIQLO OPENING HUNDREDS OF US STORES. NEXT STOP? SAN FRANCISCO…

By
Retail Insider
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Japanese chip and chic retailer Uniqlo has announced it will open a 29,000 square foot flagship location in San Francisco Fall 2012. It will be located at 111 Powell Street. Uniqlo’s first US location opened in Manhattan October 2011.

This is the first of literally hundreds of proposed Uniqlo locations across the United States. The chain is also planning a Canadian launch in early 2013, beginning with tentative locations in Toronto and Vancouver, BC.

We will update you with new Uniqlo expansion news as it arrives. Stay tuned…

Uniqlo website: www.uniqlo.com

GUCCI AND GALERIES LAFAYETTE PARTNER, OPENING 7 NEW GUCCI SHOP-IN-STORE LOCATIONS THROUGHOUT FRANCE

By
Retail Insider
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Galeries Lafayette

Gucci and French department store Galeries Lafayette have partnered to bring 7 Gucci shops to Galeries Lafayette stores in Nantes, Toulouse, Biarritz, Marseille, Bordeau, Nice (Massena) and Strasbourg. The Nantes location is already open, and the other locations will open Summer 2012.  This is the inception of multiple luxury-branded boutiques to open at Galeries Lafayette stores throughout France.

Galeries Lafayette already has a dedicated Gucci boutique at its flagship Paris store.  It further continues to open new luxury boutiques and to carry new designers, including a Dior accessories boutique in Nice (Massena location) and a Bulgari jewelry boutique at its store in Lille.

Watch for ‘luxury floors’ to open at some of the above Galeries Lafayette stores. This strategy is in the spirit of competing with Printemps stores which are also in the process of marketing luxury labels throughout its French stores.

This blog includes an excellent article on Galeries Lafayette in Nice: http://www.gayfrenchriviera.com/2011/03/galeries-lafayette-shopping.html

We will continue to update you on continued new luxury offerings at both Galeries Lafayette and Printemps stores throughout France.

Galeries Lafayette website: www.galerieslafayette.com

Gucci website: www.gucci.com

Printemps website: www.printemps.com

Bulgari website: www.bulgari.com

HERMES OPENING NEW CONNECTICUT STORE

By
Retail Insider
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Hermes Paris

It has just been announced that Hermes will be opening a new, 5,250 square foot store at 289 Greenwich Avenue in Greenwich, Conn, Spring 2013. It will include a ground-floor and mezzanine floor and include the entire line of Hermes products. 

What’s interesting is this store will be larger than Hermes stores in San Francisco, Toronto and many other cities. If you find yourself north of Manhattan after it opens, check it out and send us your feedback!

Hermes website: www.hermes.com

HOLT RENFREW TO SIGNIFICANTLY EXPAND ITS TORONTO FLAGSHIP STORE

By
Retail Insider
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Holt Renfrew with a Cumberland Street frontage.

Insiders tell us that Holt Renfrew will almost double the size of its Toronto, Canada flagship store in the next 3-4 years to almost 300,000 square feet. The store will be expanded Northward onto Cumberland Street, and an 83-floor tower is proposed for the East-side of the Holt Renfrew Centre at 50 Bloor Street West.

The above render is outdated, but shows an expanded Holt Renfrew with a Cumberland Street frontage.

Retail Insider will continue to update you as further information is provided about this exciting retail expansion.

BLOOMINGDALES: OUR ALL-TIME FAVORITE LOOKING DEPARTMENT STORE

By
Retail Insider
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Retail Insider has been shopping for years, and we’ve contemplated shopping experiences throughout the world. We’d have to say that, at the moment, our favorite store interiors are at Bloomingdale’s stores in the United States and Dubai, UAE. You know what they say… a picture is worth a thousand words. So let’s let the photos below do the talking.

BREUNINGER, GERMANY’S MOST UPSCALE DEPARTMENT STORE CHAIN, OPENING NEW STORE IN DUSSELDORF

By
Retail Insider
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Exterior rendering of new Dusseldorf Breuninger store

Germany’s fabulous Breuninger department store chain is opening a new, 160,000 square foot store in central Dusseldorf, Germany. The store will include luxury shops similar to the store’s Stuttgart flagship store.

The Stuttgart store is significantly larger, being in excess of 375,000 square feet. The store’s interior is stunning and it serves up luxury accessories, men’s, and women’s sections…

Breuninger has become one of the world’s foremost luxury department stores, stressing perfection in customer service and luxury both in its interior design and labels. Watch for further proposed store expansions by Breuninger throughout Germany in the years to come. Retail Insider will be the first to let you know.

Breuninger website: www.breuninger.com

Nordstrom Struggles with Opening in Canada

By
Craig Patterson
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Nordstrom Bag

Nordstrom management has just confirmed that it is still interested in coming to Canada, but it is struggling with Canadian law relating to their bringing-in full-time American management to run Canadian operations. A Nordstrom insider confirms that this is a challenge, despite their being interested in three Cadillac-Fairview owned Sears locations: Pacific Centre in Vancouver, BC, Chinook Centre in Calgary, Alberta, and the Rideau Centre in Ottawa, Ontario. A Toronto location is speculated to be in a suburban mall, either Yorkdale Mall or Sherway Gardens.

Lease negotiations continue, but the company is currently grappling with how it will bring Americans to run Canadian operations.  Lease negotiations for a Toronto Eaton Centre store recently stalled, much to the dismay of Toronto commercial leasing insiders. Efforts will continue to secure leases for a Downtown Toronto Store, as well as one or two suburban locations.

Nordstrom is currently seeking approximately 220,000 square feet in Vancouver and about 150,000 square feet in both Ottawa and Calgary. If Nordstrom succeeds in securing Canadian locations, Canadian headquarters would likely be located in Vancouver, BC. We will provide more information and developments as they come available.

Nordstrom website: www.nordstrom.com

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