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The above render is outdated, but shows an expanded Holt Renfrew with a Cumberland Street frontage.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