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Rotisserie Chicken Hotspot Flock Continues to Expand

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Gourmet chicken and salad chain Flock Rotisserie + Greens is spreading its wings and embarking on expansion as demand for its high-end fast food offerings continues to soar.

Flock, which operates five restaurants in Toronto, is preparing to open its sixth location in the months to come at the Yonge Sheppard Centre in North York.  A seventh location is planned for Yonge and Eglinton next year, followed by one at Bayview and Eglinton in 2020 or 2021.

The chain specializes in healthy and fresh quick serve meals, including rotisserie chicken, pulled chicken sandwiches and soups, along with gourmet salads that boast high quality ingredients such as kale, pomegranate, roasted cauliflower, goji berries, mango, cashews and coconut.

“There’s really nothing like it, in terms of very sophisticated, intricate salads,” says Mustafa Yusuf, president and co-founder of Flock. “They’re not your average salads.”

Although Flock has had success with a broad and diverse customer base, its core target market consists of millennials in the 25-35 age range – and particularly women, according to Yusuf. He says Canadian consumers have become increasingly health-conscious in recent years, and so healthy food options have growing appeal in the market.

“The average Canadian now is more educated about what they put in their body,” he says. “People are watching how many calories they eat, and they’re really keeping an eye on their diets.”

Although there are a growing number of restaurant chains focused on providing a similar healthy-eating experience, Yusuf says he’s not concerned, since Flock established itself early in the game and continues to grow each year.

“We don’t worry about the competition,” he says. “We try to just focus on putting out a good product, and make sure we have more people coming through the door than the year before.”

In addition to its quick service locations, Flock operates one full-service restaurant at Harbord and Spadina, which features a full bar and a more extensive menu compared to the other locations. The new Bayview and Eglinton location will be the chain’s second full-service restaurant of that kind, however the brand’s main focus remains the quick-serve concept, according to Yusuf.

“Our bread and butter is the QSRs,” he says.

Yusuf notes that the cost of operating restaurants continues to increase, thanks to steadily rising rents and Ontario’s growing minimum wage. That presents a challenge as the chain expands.

“We’re trying to be creative in terms of finding spaces that are still prime,” Yusuf says, “but not paying the crazy rents that landlords are asking these days.” The new Yonge and Eglinton location, for example, will be located on the second storey of the E Condo development on the northeast corner of the busy intersection. The second-level unit presents a less expensive alternative to ground-floor real estate.

Flock’s QSR locations are an average of 1,200-1,500 square feet in size, while its full-service restaurants are 3,000 square feet.

The restaurants are designed to showcase the food against a modern backdrop of earthy and neutral tones. “We present the food so you’re able to see it,” Yusuf says. “The salads are made in front of you, so you’re able to see all of the ingredients.”

Each location has slightly different design features to reflect the surrounding area and local demographics.

Once Flock has developed a more established presence in the Toronto market, the brand will look to expand to other cities such as Vancouver and Ottawa, and eventually the U.S. market, according to Yusuf.  Flock is working with Stan Vyriotes and David Wedemire of DWSV Remax Ultimate Realty Inc.  as it continues to seek out new locations.

Multi-Vendor ’RAAS Eats’ Launches Innovative Mall Culinary Incubator

RAAS at West Edmonton Mall (PHOTO: DANIEL HASSAN

Edmonton’s micro-mall RAAS Market, in the West Edmonton Mall, has expanded to include RAAS Eats, an incubator of up-and-coming Alberta culinary brands.

“Part of the big vision for RAAS is of creating a community of local and emerging brands. Part of community isn’t just retail but it’s also food,” said Mark Ghermezian, RAAS founder and CEO, and part of the family that developed the West Edmonton Mall and other big international shopping centres.

“We had a lot of interest from local and emerging food vendors and brands so we took time to really double down and invest in the space that we could make it turnkey the same way we did for the upcoming brands that offer retail and services. We wanted to make food as turnkey as possible as well.”

Image: West Edmonton Mall
RAAS at West Edmonton Mall (PHOTO: DANIEL HASSAN

The Retail as a Service (RAAS) concept was launched at WEM last fall. It has just over 5,000 square feet and the site can have a minimum of 20 local retailers to as high as 30.

The new dining hub spins the foodcourt model on its head, with emerging food brands spotlighted in a lounge-worthy atmosphere for people to connect and discover, said RAAS in a news release.

Food vendors include Edmonton’s newest vegan hot spot Moth Cafe and Calgary’s Blackbird Cold Brew Coffee. Other brands include Family Squeezed Lemonade; local favourite Moonshine Doughnuts; and world-renowned Duchess Bakeshop. RAAS Eats has also been designed as a multi-use space, and will be a gathering place for DIY workshops hosted by Makers & Mentors and other events.

RAAS AT WEST EDMONTON MALL (PHOTO VIA PUBLICITY ROOM)

“For us it’s kind of moving forward with the original vision that we’ve always had of creating this platform that makes spaces turnkey” and provides an opportunity for local brands to set up shop in a major shopping centre like WEM, said Ghermezian.

“Now we’re able to support food, retail and services. What we’re also doing is creating a space for workshops which I think also expands on the concept of community. So you’re not just coming into a retail space and just buying and purchasing items but you’re now able to eat and you’re now able to participate in a workshop and learn how to do something. It also allows you to connect with a brand. We’re also making the workshop space available to all the brands that open with us so they can book workshops themselves and we help promote it.”

“This unique market gives us an opportunity to not only be a part of a community with other local entrepreneurs, but also to sell our macarons to customers who might not otherwise be able to come to the bakeshop,” said Duchess Bakeshop’s Giselle Courteau.

RAAS Eats Brands Include:

● Family Squeezed Brands

● Blackbird Cold Brew Coffee

● The Moth Cafe

● Moonshine Doughnuts

● Duchess Bakeshop

Other RAAS Brands Include:

● Adesso

● Pura Botanicals

● Mini Street Kidswear

● Parkshop

● Saraswati

● The Geo Collection

● Lamose

● Kelly Wolff

● Mala & Me

● Apollo Original

● Prive Revaux

● Bar 13 Soap Works

● Flip54 Mattresses

● Wildhood Clothing

● Nest In the City

● Sophia Lauren Candles

● Makers and Mentors

Mr. Pretzels Expands into New Markets as it Sees Explosive Growth in Canada

The expansion of Mr. Pretzels locations in Canada is taking place at an accelerated pace as the snack food brand has moved into the very populated southern Ontario region and is now also focusing its growth ambitions to unique locations with high traffic volumes.

The company currently has 40 stores opened with another 25 coming within the next six to eight months.

Carmine Di Fruscia, president of Mr. Pretzels in Canada, told Retail Insider that places like hospitals, universities, airports and subway stations are ideal locations for the company to set up shop and sell its pioneering brand of aromatic soft pretzels baked in a variety of flavours.

Recently Mr. Pretzels launched in the Glen Hospital in Montreal.

“If there’s enough traffic we’ll expand to that location,” said Di Fruscia, adding that universities too will be potential prime locations. Two subway stations in Montreal are also locations that have opened up for the company recently with potential for more growth there.

“Our primary focus is in malls. We’re fully into expansion. We’re growing,” he said. “Our product is in demand. People love it.”

The first store in Ontario was opened a few weeks ago in the Conestoga Mall in Waterloo.

“It’s going phenomenal and we have a few more coming in. We’re opening eight in Ontario in the next three to four months and continuing our growth in Calgary. In Calgary, we’re opening at CF Chinook Centre next week. We’re opening Medicine Hat. Lethbridge. The New Horizon Mall (just north of Calgary in the Balzac area). This is all coming within the next few months,” said Di Fruscia.

Toronto locations will be at Yonge and Eglinton, Dufferin Mall and Oakville.

“It’s a big move for us,” said Di Fruscia of the company’s expansion into Ontario and particularly the southern part of the province.

“It’s funny. When we did our growth we started in Quebec and then moved our way out West. We left the centre part out of it. We did Vancouver. Then we did Calgary. We did Edmonton. We did Winnipeg. This is all last year. Now this year we’re hitting hard in Ontario.”

In the last seven months, it has opened three stores in Ottawa.

In an interview last fall with Retail Insider, Di Fruscia, said “there’s no limit” as to how many locations the company will eventually operate in the country, saying it could do at least another 150 stores within the next two years.

The brand operates, along with franchise partners, in over 300 stores in close to 20 countries in Europe, Latin America, the Middle East, the Caribbean and North America. It opened its first location in 1994 in a kiosk in Puerto Rico.

The company’s founder is Luiz Penna.

Canada’s first location was opened in Place Vertu shopping centre in Montreal four years ago after Di Fruscia met the founder of Mr. Pretzels at that time.

Using only the finest quality natural ingredients, the pretzel dough is prepared on the spot, hand-rolled in front of customers. The pretzels are low in fat and contain no preservatives.

One of the company’s successful marketing efforts is its samples that are available to potential customers. It believes when customers get a taste of what it’s selling they are hooked.

For any landlords interested in having Mr. Pretzels as a tenant, contact Carmine Di Fruscia at: 514-349-3911 or email: carmine@ptg.ca

As well, for more information, visit: www.mrpretzels.ca

Last Chance to Register for eTail Canada Conference, May 15-17 in Toronto

eTail Canada Conference, May 15-17 in Toronto

The will be held May 15-17, 2018 in Toronto, and it is almost sold out. There are a few tickets left and retailers can still get a 20% discount with code ETC18RI []

The conference will be held at the Hyatt Regency Toronto, located at 370 King Street West in the heart of Toronto’s vibrant Entertainment District. 

eTail Canada is the country’s leading eCommerce and omnichannel conference, and this year it will be bigger and better than ever. More than 70% of eTail Canada’s 2018 speakers will be new this year in addition to the impressive alumni speakers. New to the program are talks from marketing and e-commerce professionals from companies including Amazon, Hudson’s Bay, Walmart, Starbucks, Casper, Article, Best Buy, MEC, Aldo, Sephora, and many others.. []

Prominent keynote speakers will include: 

  • Rochelle Ezekiel, Vice President, Marketing-North America for the Hudson’s Bay Company,
  • Andrew Turner, General Manager of Softlines at Amazon.ca
  • Daryl Porter, VP of Omni-channel and Online Grocery at Walmart Canada, and
  • Duncan Blair, Director of Marketing at Vancouver-based online furniture retailer Article, which is growing rapidly. 

The keynotes will kick off three packed days of content from the most recognized companies in retail. [] 

The presentations have been designed to encourage engagement and interactivity, even including ‘TonightShow’ style and fires chats — this will no doubt be a fun year to attend eTail Canada!

Want more?  Because there is more.  Joan Kelley Walker, fashion entrepreneur and star of ‘The Real Housewives of Toronto’ will host the second annual eTail Canada ‘Best in Class Awards’ on May 15. Serving as the official MC for the evening, she’ll be announcing the winners of the following categories:

  • Emerging eTailer
  • Omnichannel Retailer Leader
  • Retail Innovator of the Year
  • Website Redesign of the Year
  • Best Email Marketing Campaign

There will be plenty of networking opportunities as well — eTail Canada notes that there is value from the face-to-face opportunities at the conference. There’s a 75% retailer ratio that’s protected, with more than 400 retailers anticipated to attend. 

As mentioned above, eTail Canada is offering 20% off to retailers if you use discount with code ETC18RI when registering. To download the full schedule — []

For more information on this year’s eTail Canada conference, visit: 

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And furthermore: []

The Home Depot Canada’s Jeff Kinnaird named RCC’s Excellence in Retailing 2018 Distinguished Canadian Retailer of the Year 

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Retail Council of Canada has announced that The Home Depot Canada’s President Jeff Kinnaird and his team will be presented the prestigious Excellence in Retailing Awards’ 2018 Distinguished Canadian Retailer of the Year Award. The award will be given out at the Excellence in Retailing Awards Gala on the evening of May 29, 2018 at the Toronto Congress Centre. For more information and to purchase tickets, visit: retailawards.ca/content/gala-tickets.

“Retail Council of Canada is excited to recognize Jeff Kinnaird and The Home Depot Canada for their continued excellence and success in home improvement, their leadership, and the amazing work they do for the communities they are involved in,” said Diane J. Brisebois, President and CEO, Retail Council of Canada.

Mr. Kinnaird is responsible for overseeing the sales and operations of 182 stores and approximately 30,000 associates. In 1996, he joined The Home Depot as a lumber associate and worked his way through various roles including store manager and district manager. He became the Regional VP of Operations in 2005 and then oversaw divisional product assortment and innovation as the VP of Merchandising for five years until he was appointed President of The Home Depot Canada in 2016. 

The Distinguished Canadian Retail of the Year Award recognizes a retail leader that has led his/her company to outstanding business success and innovation and has consistently demonstrated community commitment and support. The recipient is a role model because of his/her exceptional leadership within the corporation, in the retail industry in Canada, and in the community at large, through personal and/or corporate philanthropic activities.

Mr. Kinnaird and The Home Depot Canada are recognized by their peers in the Canadian retail industry for their continued business success, their customer focused approach to store and online operations, their ongoing commitment to the communities they serve, and living their values every day. The Home Depot Canada also has an enviable track record for taking care of its people, and for hiring and training associates who are passionate about exceeding customer expectations with about 70 per cent of their store leaders started as hourly associates.

The Home Depot Canada joins a distinguished list of past recipients from across Canada that includes Groupe Dynamite, Leon’s Furniture, Harry Rosen, Canadian Tire, Aritzia, Indigo Books & Music, Staples Canada, Costco Wholesale Canada, La Senza, and most recently, London Drugs Limited. 

The Distinguished Retailer of the Year Awards will be presented to Jeff Kinnaird and The Home Depot Canada at Retail Council of Canada’s Excellence in Retailing Awards Gala on May 29, 2018 at the Toronto Congress Centre, from 5:30pm to 8:30pm ET. For more information and to purchase tickets, visit: retailawards.ca/content/gala-tickets.

The Excellence in Retailing Awards Gala will close the first day of Canada’s biggest retail conference, STORE 2018, which will feature more than 80 speakers and attract more than 2,500 retail leaders from across North America. Media are also invited to attend STORE 2018, from May 29 to May 30, 2018. For more information and to purchase tickets, visit www.storeconference.ca/tickets

Maker Pizza Opens Second Location and Gears Up for More Growth

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Popular Toronto pizza joint Maker Pizza has opened its second location in the city as the company strives to keep up with steadily growing demand.

The pizza company, which opened its first location in 2015 on Cameron Street, near Queen and Spadina, recently opened a second location on Avenue Road near Lawrence Ave. West.

“From the moment we opened the Cameron location doors, the response has been overwhelming,” says Dave Smulowitz, partner at Maker Pizza. “After moving into the Avenue space, we are so appreciative of the local community there for welcoming us with open arms.”

Maker Pizza offers a selection of pizzas made with high quality ingredients, including three-day aged pizza dough, organic California Bianco DiNapoli Rustic Crush tomato sauce and fresh cheeses. The most popular item on the menu is called ‘Dr. Pepperoni’ – a pizza that includes double pepperoni, fior di latte, parmesan and toasted fennel oil.

“The concept was to create the best delivery pizza in the city by elevating standards and quality of ingredients,” Smulowitz says.  After having observed a heavy emphasis in the broader pizza delivery market on fast delivery and affordability, Smulowitz says it became clear that there was an opportunity to focus on quality.

“We will never sacrifice the quality of the product to speed up delivery times,” he says. “That’s what makes Maker unique amongst a sea of delivery pizza shops in Toronto.”

Maker Pizza’s restaurants are designed primarily to cater to delivery, with a small selection of seats for customers who would like to eat in-store. Both locations were designed by advertising agency The Community Agency.

The new Avenue Road location is approximately 2,000 square feet in size. Design elements include a modern and minimalist approach, with clean lines and plenty of aluminum and chrome.

“Our approach was to highlight the pizza maker,” says Jenny Vivar, creative director at Community. “We borrowed visual cues from the restaurant’s industrial brick facade and carried that through the interior.”

The company plans to open additional locations as demand continues to trend higher, however Maker Pizza is taking a measured approach to growth.

“Like any business, location is key – Maker won’t move into an area without vetting the space and area properly,” Smulowitz says. “As for which area of Toronto you’ll see us next, that’s a surprise!”

Maker Pizza is working with David Wedemire and Stan Vyriotes of DWSV Remax Ultimate Realty Inc. as it explores other potential locations.

Luxury Children’s Brand ‘Bonpoint’ Announces 1st Standalone Canadian Store 

PHOTO: MARTIN MORIARTY VIA INSTAGRAM

Paris-based children’s luxury fashion retailer Bonpoint will make its Canadian debut this summer with a standalone store in Vancouver. 

The 920 square foot Vancouver boutique will be located at 1512 W. 14th Avenue in the city’s Fairview area, a few steps away from the tony South Granville retail strip. The boutique is being run in partnership with upscale multi-brand children’s retailer Isola Bella, which operates a retail space in Vancouver’s Kerrisdale area. CBRE Vancouver represented the retailer in the lease deal under the direction of Martin Moriarty, Mario Negris and Chloe Hamelin

Bonpoint sells upscale children’s fashions including newborns, and also has a line of footwear, sunglasses, perfume and skincare. Some garments can cost into the hundreds of dollars each, which means its target market is households with discretionary income. The store’s location is clearly in line with that sentiment — rather than locating downtown in the city’s ‘Luxury Zone’, Bonpoint will be located on Vancouver’s affluent West Side which houses wealthy neighbourhoods such as Shaughnessy, Kerrisdale and Point Grey, where some homes can cost in excess of $20 million. 

The company was founded in 1975 with a single store in Paris, and the company has since expanded to include retail and wholesale accounts globally. Bonpoint has nine stores in the United States, all of which are generally located in upscale locations. New York City has three Bonpoint stores (Two stores on Madison Avenue as well as a store in Soho) as well as in Bal Harbour FL, Beverly Hills CA, Chicago, Houston, Palm Beach, and Short Hills NJ (suburban NYC).  

According to a report in WWD last year, Bonpoint has also set its sights on opening a store in Toronto at some point in the next while. The WWD report notes that Bonpoint is also considering opening stores in Las Vegas, San Francisco, and at Orange County’s prestigious South Coast Plaza.

Peregrine Acquires Acorn Wood Designs

Image: Peregrine

Vancouver-based Peregrine, a designer and manufacturer of high-end retail environments for some of the world’s best known retail brands, is poised to further expand its business with the recent acquisition of Acorn Wood Designs.

Brian French.

That has paved the way for Peregrine, based in Burnaby, B.C., to grow its presence in the hospitality industry.

Peregrine, which was founded in 1977, is a millwork and fixture manufacturer that primarily serves retailers and restaurants and the acquisition of Acorn has given Peregrine new capabilities, particularly in servicing the restaurant market.

Brian French, President of Peregrine, explained that Peregrine acquired Acorn because of Acorn’s background in servicing the restaurant industry, “For over 35 years Acorn has provided millwork for The Keg, JOEY, Hy’s Steakhouse and Earls. They have built a reputation for the highest quality.” he said.

In late 2017, Peregrine acquired Acorn Wood Designs with about 35 employees. Acorn, which was based in Richmond, B.C., was founded in 1984 and specialized in precision architectural millwork for the hospitality industry.

The combined Peregrine/Acorn has a diverse workforce of 75 employees that work in the areas of engineering, project management, manufacturing and installation. Its in-house capabilities include: millwork, metal fabrication, plastics fabrication, paint, digital print, CNC cutting, lighting, glass fabrication and solid surface fabrication.

The company has a 50,000-square-foot shop in Burnaby with about 25 people on the front end in roles as project managers, estimators, designers/engineers, and purchasing. The rest are on the shop floor.

French said most of the company’s customers are based in the region or have a presence there.

“Our sweet spot is servicing retailers and restaurants that have head offices here on the West Coast like Lululemon, Sage Natural Wellness, and MEC on the retail side and, now, on the restaurant side”, said French.

The KEG Steakhouse and Bar, Vancouver

“They have restaurants and stores all over the place and we manufacture here and ship and install them all over North America. We also deal with head offices that are based either in Toronto or somewhere in the U.S. and they have stores or restaurants in the West. Historically we’ve done work for companies such as BMO and TELUS. These are companies that have a lot of locations across the country and they’re looking for a service provider out West.”

 “We have the best people in the business and our culture drives continuous improvement in everything we do. Our customers value the quality of both the end products and the services we provide to get them there. While we are proud of the growth we have achieved so far we know that we need to continually improve to be the premier millwork and fixture provider for retailers and restaurants throughout North America” said French.

For more information, visit: peregrine.build and acornwd.com

Streetwear Brand ‘HERMAN Market’ Deviates from Luxury Retail Template

PHOTO: TWELV MAGAZINE

In a 3,000-square-foot space off Main Street in Vancouver, formerly occupied by Kit & Ace, Raif Adelberg leads the operations of his latest venture – HERMAN Market. From concept to completion, every item of his unisex luxury streetwear collection is now shipped from this Vancouver-based location directly to online customers and 30+ international stockists in countries including Lebanon, Qatar, Italy, and Korea.

RAIF ADELBERG

While many brands’ claims of creating ‘luxury streetwear’ are based on inflated pricing generated by marketing hype and celebrity, Adelberg is known for his ability to elevate streetwear to a level of luxury through the careful selection of fabrics and trims and by incorporating hand-spun, hand-knit cashmere into many pieces. By incorporating exquisite fabrics and high-end cuts into the line, HERMAN pieces are distinct and unique to the market.

The recent decision to exit the traditional fashion marketing model to a vertically integrated one saw the brand sever ties with its international agency, close its Italian showroom, and pull all production back to Vancouver.

Unlike luxury fashion houses like Louis Vuitton, Chanel, and Gucci, who are all racing to embrace digital by partnering with multi-brand sites and various popular streaming options, HERMAN Market is using Canadian-developed e-commerce platform Shopify exclusively to reach their market.

RAIF ADELBERG

Citing the drastic change in traditional wholesale and the distinct cultural shift with buyers, Adelberg’s luxury street brand is focusing on D2C. Not only for the obvious upside on margins but also in consideration of online shopping habits, instant customer gratification via click through, and how Shopify allows them to aggregate and curate their online store.

With design and production under the same roof, when a new garment is completed, staff photograph it, and within hours it is available online with social media promotion. By controlling the online experience, Adelberg’s team controls the brand’s image – how the product is presented, sold, and shipped. Before the shift to focus on e-commerce, the company was responsible for shipping costs, taxes and tariffs on every garment, going forward all garments sold online, and not through bricks-and-mortar retail locations, have the shipping costs become the responsibility of the customer.

HERMAN Market is ideally suited for vertical integration as the collections are smaller, more artisanal, one-off’s are bespoke, and all very individualistic. Staff are highly trained in multiple aspects of production, are paid a living wage with benefits, and work directly with Adelberg who has built his professional and creative reputation by being incredibly hands-on.

Adelberg is repeatedly cited as a major influencer in streetwear trends for almost 30 years by respected fashion and culture publications. He opened his first Vancouver location in 1994 (Biggy), in 1997 launched TwentyFour which grew into 3 locations (4th Avenue, Yaletown, Gastown), and from 2002 to 2007 his 6,000-square-foot Richard Kidd lifestyle boutique ruled Gastown. With luxury labels like Comme des Garçons, Alexander McQueen, and Martin Margiela hanging next to vintage AC/DC rocker t-shirts and reworked silkscreened jackets by Libertine, the incredible cathedral-like space now houses John Fluevog Shoes.

The past decade has Adelberg partnered with industry forces such as Stussy (skatewear) and Buscemi (footwear), the ‘behind the scenes’ force launching Herschel Supply Co., and co-founding Canadian contemporary men’s wear label wings+horns.

While the traditional luxury market of brands with 100+ year pedigrees has been slow to adopt e-commerce, fledgling luxury streetwear brand HERMAN Market is diving in due in no small part to having a trend visionary at the helm. Raif Adelberg has played by his own rules his whole life and has cultivated a loyal and dedicated following which includes hip-hop trio Migos, fashion entrepreneur Heidi Klum, and mega-performers Justin Bieber and Rihanna.

Calgary’s Innovative New Horizon Mall Prepares for Opening

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Calgary realtor and investor Albert Fialkow views the New Horizon Mall on the outskirts of Calgary as a Field of Dreams – a clear reference to the popular movie from a few years ago.

“They have a vision of ownership and they’ve created the opportunity . . .  by allowing people to own their own spaces. And I believe. Obviously I’ve put my money where my mouth is. I believe if you build it they will come,” said Fialkow on Thursday as the new shopping centre conducted a media tour to announce that more than 500 businesses are beginning to take possession of their stores in the $200-million mall.

Fialkow bought two units in the mall of 203 square feet and 291 square feet, paying about $310,000 and $410,000 respectively. He is expecting to lease them both out.

The international-themed mall is located along the busy Queen Elizabeth II Highway, in Rocky View County, right beside the CrossIron Mills shopping centre which opened August 2009.

New Horizon is unique because individual units were sold to either investors who will lease out the space, like Fialkow, or directly to individual store owners.

In terms of the number of stores in the mall, it’s the largest in Calgary and second largest in Alberta behind the West Edmonton Mall. Stores are expected to start opening for business this summer.

New Horizon was developed by the Torgan Group and MPI Property Group.

The 320,000-square-foot mall, which is about 99 per cent sold, will have more than 500 stores ranging in size from 285 square feet to 855 square feet. The units were priced between $190,000 and $750,000.

The food court features 26 sold-out units with seats for more than 300 shoppers. The shopping centre also has underground parkade and outside surface parking.

“The CrossIron Mills attracts over eight million people a year and the other advantage here with the small spaces the cost of entry is nominal. Before I purchased I looked trying to find out exactly what it costs to have a kiosk or a size in a mall. Anywhere from $8,000 to $10,000 a month is what the malls charge,” says Fialkow.

“Well, you can get into here for a fraction of the price. That really opens the door for a lot of entrepreneurs and business owners and investors to profit and share along with the development of the mall . . . I think the traffic will come. Really I believe in that Field of Dreams analogy. If you build it, they will come. Because people are curious. And you’re going to have the variety and diversity in this mall that really doesn’t exist anywhere else.”

Calgary investor Moe Kharfan, who bought four units in the mall, will be leasing them to various services and products.

“I bought here because I thought it was a really unique opportunity. There’s nothing like it in Western Canada. And it’s really a place for a small business person to start a business in a major Calgary mall.  The larger malls are quite expensive. This is quite affordable for a person to start a retail business,” says Kharfan.

He bought two units for about $500,000 each of just under 500 square feet and two just under 300 square feet for about $350,000 each.

Ramesh Prajuli bought one unit of 143 square feet for $182,000 in the mall where he will open the Himalayan Arts and Crafts store.

“This is kind of very exciting and a unique opportunity here in Canada. Nowhere else are you going to own a store unit in a mall. So this is kind of a unique opportunity I found here. That’s why I bought it,” says Prajuli. The family owns a retail business in Nepal. “I want to do something over there as an own business.

“It’s unique because you’re investing in a property as well as investing in your business.”

Wasim Elafech, a realtor with Century 21 Bravo, who helped in the sale of units in the entire mall and also invested in purchasing one unit himself, says a leasing program has begun where the company will be leasing units for the owners of the properties. A leasing office has been opened in the mall.

“We have about roughly 40 closings (on purchases) per day throughout the month of May,” says Elafech. “Whenever somebody closes, they come in, we give them a key and they can start the process of building out their unit and opening the store.”

Eli Swirksy, president of Torgan Group, says the New Horizon Mall is a unique addition to Calgary’s vibrant and entrepreneurial retail landscape.

“Unlike other malls which are occupied primarily by large corporations and chains, New Horizon Mall will encompass a collection of small businesses, family enterprises and local entrepreneurs bringing unique products and services to the Calgary region,” he says.

“Smaller businesses have long wanted access to the same kind of shopping mall environment and the corresponding customer base enjoyed by larger businesses. This mall breaks down the barriers for businesses looking for that retail advantage in a unique mall environment not found anywhere else in Southern Alberta . . .  I believe that the New Horizon Mall will fill an important gap in the retail environment in Calgary and offer a distinctive avenue for businesses looking to expand and grow their customer base.

“I would expect by the summer we’ll be well underway and maybe not fully open but a majority of the stores I think will be open by the summer.”

Swirsky says the fact New Horizon is located so close to CrossIron Mills is “great” because it offers a different shopping experience to that mall. He expects shoppers to go back and forth between the two malls because of the proximity.

“We actually complement each other very well,” he says.

The third level of the mall will be home to the food court, banquet hall and children’s play space. The main floor centre area will host events and entertainment throughout the year.

The basement level of the mall includes the underground parking as well as space for anchor tenants.

The mall’s builder was Ledcor Construction Limited.

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