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Ronsons opens flagship in Downtown Vancouver

Photo: Ronsons

Vancouver-based Ronsons has opened its flagship shoe store at 734 Granville Street in Downtown Vancouver. It replaces footwear retailer Shoe Warehouse, formerly located in the space. 

For those unfamiliar, Ronsons is a retailer, manufacturer and designer of ‘comfort shoes’. It is owned by a father-and-son team, and it was founded in 1988. It has 14 store locations, both under the Ronsons name as well as its discount store Ronsons Rack. Its Rack stores sell clearance footwear at prices typically at least 50% off.

The new Vancouver Ronsons boasts high ceilings and also features the discounted Ronsons Rack area in the back of the store. The new store replaces a smaller, 1,000 square foot Ronsons across the street on the lower level of Pacific Centre

[Ronsons website]

Shopify’s card reader technology is now available in Canada

Photo: Shopify

Formerly only available in the United States, Shopify‘s credit card reader technology is now available in Canada. Its card reader is a free device that allows merchants to process credit card payments on-the-go using the Shopify Mobile iPhone app, or in-store using its iPad-based point of sale system, Shopify POS.

For those unfamiliar, Shopify is an Ottawa-based commerce platform that allows anyone to sell online, at a retail location, or pretty much anywhere. Shopify offers an online storefront, a payment solution to accept credit cards, a point of sale system to power retail sales and, now, a card reader to accept payments through mobile phones. The company currently powers over 80,000 online stores around the world, including: Tesla Motors, BudweiserGatorade, Amnesty International, Wikimedia Foundation, CrossFit, and others.

Shopify’s card reader was launched about eight months ago in the United States. It has only now launched in Canada, due to delays in Canadian bank approval.

The card reader allows merchants to accept all major credit cards including Visa, MasterCard and American Express all at one rate, based on the merchant’s Shopify plan. The rates on credit card transactions are 2.7% for the basic plan, 2.4% for professional plan, and 2.15% for the unlimited plan.

One can order the free Shopify mobile card reader by logging into the app, navigating to the ‘Accept Payments’ screen and confirming one’s mailing address. Shopify Mobile is free for all existing Shopify merchants, and can be downloaded in the Apple App Store.

Shopify has also opened its Canadian hardware store where one can order Shopify POS hardware kits and other optional accessories like receipt printers and barcode scanners. A pop-up store in Toronto will be open until April 4th, where one can obtain a free mobile card reader or buy Shopify POS hardware kits in person.

[Shopify website]

Dollar Tree to close as Vancouver’s Alberni Street becomes more upscale

Photo: Dollar Tree

The Dollar Tree store in Downtown Vancouver’s luxury retail complex ‘The Carlyle‘ will close on April 12th. It’s the latest tenant to move off the Alberni Street stretch that is being positioned as Vancouver’s luxury shopping district.

We first mentioned The Carlyle last year when we reported that Chanel and Christian Dior were looking for space in the complex. Neither deal materialized, though luxury jeweller De Beers and upscale womenswear brand Tory Burch have since opened stores in The Carlyle. Two empty retail spaces remain, including a prominent 4,700 square foot corner location that some expected would become occupied by Gucci

The 12,000 square foot Dollar Tree store has an entrance on Thurlow Street, with an escalator providing access to its below-ground retail space. The entrance, as per the photos in this article, sits directly beside the new 4,700 square foot corner retail space. We don’t yet have word who might replace Dollar Tree. 

Alberni Street is being positioned as a luxury shopping area, both by brokers and planners. Several world-famous brands are scouting and negotiating for spaces on the street, and proposals are in place to upgrade Alberni Street’s sidewalks and street fixtures. We’ll be reporting more on Alberni Street as it prepares itself to become Vancouver’s equivalent to Rodeo Drive in Beverly Hills or East Oak Street in Chicago. 

[Dollar Tree website

Canada’s book industry has changed forever

TORONTO'S WORLD'S BIGGEST BOOKSTORE CLOSED MARCH 30TH, 2014. IMAGE SOURCE

Technology has substantially affected Canada’s bricks-and-mortar book retailing industry. Yesterday it was announced that the flagship Chapters bookstore at Toronto’s Festival Hall will close, and over the weekend Toronto’s ‘World’s Biggest Bookstore’ closed for good. The following is a discussion of how technology has affected bricks-and-mortar book retailing in Canada. 

Canadian retail, overall, has changed more over the past few years than it has in generations. National institutions, including some of our largest grocers and drug stores, have been taken over by larger competitors. Canadian consumers are purchasing more online than ever before. It’s no secret that the way we purchase goods and services isn’t just changing; it has changed. And one of the first sectors to experience this change was brick-and-mortar book stores. 

Sony is credited as being the first major tech company to release an electronic reader, with its 2006 release of the Sony Reader. Not long after, Amazon revolutionized such devices and brought them into the mainstream with its Kindle reader. Consumers quickly picked up on this trend. By 2010 and for the first time in history, more books were purchased online through devices such as Kindle than paper books. Since then, virtual book sales have continued to grow. Sales have grown so much, in fact, that the sustainability of the world’s largest brick-and-mortar book stores is in jeopardy. 

Chapters in Downtown Toronto. Yesterday it was announced that this store will close on May 30th, 2014.
TORONTO’S ICONIC ‘THE COOKBOOK STORE’ CLOSED LAST MONTH. IMAGE SOURCE

In Canada, there are two major players in the brick-and-mortar book retailing: 1) Indigo and 2) everyone else. The former is the nation’s largest book seller with hundreds of locations from coast to coast under the Indigo, Chapters and Coles banners. Coles represents the company’s collection of smaller, independent book stores while Chapters and Indigo stores are typically much larger. The Indigo retail group boasts a loyal and passionate fan base. Despite this, the number of shoppers at the company’s brick-and-mortar stores has decreased as online book sales eat into its revenue and reduce its customer base. 

In the last few years, the book industry has been rocked by a force that is now becoming commonplace: the boom of online sales. Across the country, some of the most beloved independent book stores have shuttered their operations or have announced their intentions to do so. The Cookbook Store in Toronto, arguably Canada’s best-known place to learn the latest in culinary trends, announced in February that e-book sales were a major factor in its decision to close. A few days ago, Indigo-owned ‘World’s Biggest Bookstore’ in Toronto closed its 64,000 square foot store to make way for a new restaurant development

In 2010, Indigo introduced a tablet called Kobo to counteract online competition. The tablet, originally sold exclusively at Chapters/Indigo/Coles stores, has become the Canadian industry leader. Research conducted by pollster Ipsos Reid determined that more than 35% of electronic books read in Canada are done so on a Kobo.

Image: KOBO

Indigo has also taken a page out of the book of other national retailers, by diversifying its product offerings. Gone are the days when the book giant was solely the place for the latest autobiographies, short stories and children’s literature. Today, a Chapters/Indigo store typically devotes thousands of square feet to items such as toys, household items, gifts and even clothing. This summer, popular doll retailer American Girl will open shops-in-stores within Chapters/Indigo’s flagships in Downtown Vancouver and at Toronto’s Yorkdale Shopping Centre. Diversification may be the key to keeping these stores alive. 

Brick-and-mortar book retailers may be relieved that the pace of online sales is slowing. Nevertheless it’s still growing, while sales at physical bookstores decline. Slower growth may be due to market saturation, or possibly because the past year hasn’t seen blockbuster book releases such as The Hunger Games or Fifty Shades of Grey. There is still a possibility that the industry, after years of tumultuous activity, has finally started to stabilize. Those bricks-and-mortar book retailers that have weathered the storm may now be able to succeed, possibly with the help of product diversification. The the next chapter of Canada’s bricks-and-mortar book industry will no doubt be a very interesting read.

Zellers to open an Ottawa location on April 3rd

Photo: Zellers

A Zellers store will re-open in suburban Ottawa on April 3rd. It will be one of only three Zellers stores still in existence, joining locations in suburban Toronto and Vancouver. 

Ottawa’s Zellers will be located in the Bells Corners area of Nepean, adjacent to a Loblaws grocery store. It will carry fashion clearance and home products from Hudson’s Bay Company stores. The location was originally a Zellers store whose lease wasn’t picked up by Target or Walmart.

In January of 2011, it was announced that Target would take over 220 Zellers leases from the Hudson’s Bay Company. Most Zellers store locations were closed by early 2013.

In January of 2013, it was revealed that the Hudson’s Bay Company would keep three Zellers stores open – one at 1255 The Queensway in Toronto, one at Place Bourassa in Montreal and one at the Semiamo Shopping Centre in White Rock, BC. The Montreal location has since closed.  

Sources: CTV News and Canada.com

Lululemon website sells ‘spray-on’ yoga pant just in time for April 1st [with videos]

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Lululemon‘s website is selling $1,200 spray-on yoga pants, just in time for April 1st. The company did so in response to a late-night comedy joke. 

The Jimmy Kimmel show aired a spoof commercial on Thursday, March 27th that promoted “Lululemon Pledge” while mocking the fact that some schools have banned yoga pants for being too tight. A voice-over for the ad says: “Lululemon Pledge: because the best pants are no pants at all.” We’ve posted the video below. 

The following day, Lululemon introduced its own version of the product on its website. 

Youtube video

The product description reads: “Goodbye pants, hello comfort. Designed for lightweight flexibility and versatility, our newest innovation, Spray-On Yoga Pants, will take us to and through our practice without the fuss. The breathable, seamless construction provides next-level comfort whether we’re headed straight to class or the cafe.”

The ad states that each can of the product will produce 1,200 pairs of pants that “fit like a second skin.”

Readers may recall that last year, Lululemon had to recall about 17% of its yoga pants for being too sheer. 

Youtube video

For April 1st, 2013, Lululemon declared that it was introducing a line of athletic wear called Lululeather. The humorous video advertisement is posted above, though some felt that it went too far. 

[Lululemon website]

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The Best and Worst Things to Buy in April

April is almost here, and if you’re stuck indoors waiting out the seasonal showers (or snow, depending on where you are in Canada), you’ll have an excuse to spend more time shopping for the best deals online. To help guide you towards savvy purchases, we dug through the DealNews archives from years past to see what goods are, well, good to buy in April, and what you should hold off on purchasing. From early spring apparel sales to aggressive Xbox One prices, here is what’s in store this month for the smart shopper.

Mid-Season Clothing Sales Coming to a Retailer Near You

The general rule for dressing yourself in deals is to wait about two months after a new season of apparel hits stores, before cashing in on sizable discounts. Many retailers began debuting their spring merchandise in February, which means April is the two-month mark. Look closely at the discounts though: a spring clothing sale that takes 25% to 40% off is likely a mid-season promotion; for discounts of 50% off or more, wait until May.

And speaking of clothing, Abercrombie & Fitch recently announced that it will lean more heavily on discounting in order to revive the brand. Moreover, it hopes to turn the Hollister line into a “fast fashion” chain, which means lower retail prices as well. We’ve already seen this translate into some great sales, so keep an eye on these stores in the coming months.

Xbox One Deals Are Here

As we predicted last month, the brand-new Xbox One started to see stronger discounts in March, dropping to an astonishingly low $399 at one point. That deal was short-lived, lasting only a few hours at Amazon, but we’ve also consistently seen retailers knock the console to $450, or 10% off the original MSRP. That’s in line with the deals we saw when the previous generation was first released, although this time around, the deals are trickling in even earlier. Considering the Xbox One is being outsold by the PlayStation 4 (which hasn’t seen a single deal yet, likely because it checks in at a lower MSRP of $400), we suspect that we’ll see more steep price cuts in the coming weeks.

Jump Start Your Mother’s Day Shopping

If you’re thinking about buying some baubles for Mother’s Day, then start looking now. We still find and list deals, coupons, and sales for jewelry in May, but often times we see slightly higher final prices on styles right before the holiday. This is especially true of online jewelry retailers.

Get Your Fill of Tax Day Freebies

There are few people in this world who don’t appreciate getting something for free, and one of the most popular days for restaurants to offer something gratis takes place in April: Tax Day. Fast foodand nationwide chains in particular frequently offer some sort of freebie on April 15. If it’s anything like last year, then you should be on the lookout for opportunities to get a free cup of coffee, free breakfast foods, or free side orders or desserts with the purchase of an entrée.

Subscribe to Pandora Before the Price Hike

Pandora announced that it will do away with its annual subscription option and increase monthly rates for the first time, from $3.99 to $4.99. The hike doesn’t take place until May, but according to aPandora blog post, current monthly subscribers will enjoy a $3.99 “loyalty” rate for an undetermined amount of time. New users can still register before May and similarly lock in this loyalty rate.

Wait Until Black Friday to Upgrade Your Vacuum

Spring cleaning is a popular time to buy a new vacuum cleaner, but as ideal and motivating as that sounds, there are more than twice as many deals on these handy home appliances in November, according to our archives. Moreover, the quality of the deals will be better in the fall as well, as we typically see a higher number of Editors’ Choice discounts in particular. So make do with your cleaner for now and upgrade in a few months time instead. When buying you should also consider if a shop-vac or a Roomba are actually a better fit for your needs.

Put Off a Mattress Purchase Until Memorial Day

May is generally a good time to find a deal on a new mattress. For the past three years, we’ve seen much deeper discounts on mattresses in that month than in April. Therefore, any discounts you see this month will very likely get even steeper if you wait. For example, last year, Sears slashed up to 50% off in April; but in May, those discounts became at least 50% off, and as much as 60% off.

60″ LCD HDTVs Continue Price Plummet, 55″ 3D LCDs Go on Hiatus

For the second straight month, deals on 60″ LCD 1080p HDTVs have reigned supreme, beating out all other TV size categories. And while more deals don’t always translate into better prices, for the month of March they did, as 60″ HDTVs tumbled to a new all-time low of $500. That’s $100 cheaper than February’s best deal and the best price we’ve seen for any 60″ TV.

By comparison, prices on other size categories like 55″ and 47″ LCD HDTVs remained unchanged. For 55″ 3D TVs, we’ve actually been experiencing a scarcity of deals. Budget 55″ 4K TVs, like the Seiki SE55UY04, are making more headway in the deal space, hitting a new price low of just $600.

Laptop Prices Rebound to Pre-Holiday Prices

March wasn’t a stellar month for laptop deals. In fact, February’s lows were all but erased as deals on most 15″ mainstream laptops — in particular those with Intel’s current Haswell processor — rebounded to pre-holiday rates. The sole exception were laptops with the Haswell Core i3 processor, which is Intel’s budget line of CPUs. These laptops remained steady at $400 for the second consecutive month.

That’s not to say you won’t find any laptop deals this month, but you may benefit from waiting a few more weeks. If you must buy, start by looking at deals for 15″ Core i3 and Core i5 Haswell laptops. Both categories have hit $400 in recent weeks, but a Core i5 laptop at $400 (or less) offers a better value since the Core i5 processor is intended for more mainstream tasks.

Alternatively, 15″ quad-core AMD systems have dropped 22% in price since the start of the year, hovering in the $300 range. By comparison, the cheapest quad-core Intel Haswell system went for double that price in March. Likewise, 12″ touchscreen laptops have also been averaging about $310 since the start of the year. The benefit of a touchscreen laptop versus a standard laptop is that the former allows for better navigation when using Windows 8.

Ready to put this information to use? Set up an email alert or download the DealNews app in order to keep abreast of any and all of these best buys in April.

Related DealNews Features:

The above article was written by Lindsay Sakraida on behalf of our friends at Deal News

Louis Vuitton Moët Hennessy (LVMH) on the hunt to buy Canadian real estate

Louis Vuitton
Image: Louis Vuitton Moët Hennessy

Sources tell us that French luxury group Louis Vuitton Moët Hennessy (LVMH) is looking to buy Canadian real estate to open stores. The company is looking to own retail space as rents continue to skyrocket on some of the world’s most expensive luxury retail streets.

LVMH is apparently in talks to purchase a large substantial space on Toronto’s Bloor Street West to house a large Christian Dior store, as well as possibly other LVMH brands. The company already leases space in Canada, including Louis Vuitton and De Beers. Construction starts soon on its Christian Dior store in Downtown Vancouver. Buying retail space may also be the first step for LVMH to open Canadian branches of brands that it owns including Bulgari, Givenchy, CélineFendi and others. 

We’ll keep this article brief while we continue researching this topic. Check back for updates on this potentially exciting development in Canadian luxury retailing. 

Max Mara to double the size of its Pacific Centre store

Image: Max Mara

The Max Mara store at Vancouver’s Pacific Centre will double in size. It will do so by annexing an adjacent retail space formerly occupied by a watch retailer.

Pacific Centre’s current 975 square foot Max Mara will take over about 1,000 square feet of the adjacent La Swiss watch store, creating a roughly 2,000 square foot Max Mara space. The remainder of La Swiss will be occupied by Pomellato, which will also take over adjacent 460 square foot Pacific Pen Shop (see lease plan below). Both Max Mara and Pomellato will be operated by franchise holder Vestis Fashion Group. 

MAX MARA WILL EXPAND INTO SPACE RECENTLY VACATED BY WATCH RETAILER LA SWISS.

For those unfamiliar, Max Mara is a luxury Italian fashion house established in 1951. It is known for its womenswear as well as accessories and shoes, and has stores around the world. Max Mara also retails other fashion lines including Weekend by Max Mara, which has two (and soon, three) stores in Metro Vancouver. 

In an interview with Vestis Fashion Group owner Catherine Guadagnuolo, we learned that she also plans to open a Weekend Max Mara store in Pacific Centre. Weekend will be in Pacific Centre’s new retail expansion, to be located directly downstairs from Nordstrom. Her Weekend Max Mara store is expected to open in September, 2015. 

Source: Catherine Guadagnuolo, founder and owner of Vestis Fashion Group.

[Max Mara website]

Dollarama to open 400 more Canadian stores

Dollarama Store Exterior, photo: Dollarama

The company plans to open about 85 stores in 2014 and between 70 and 80 stores in 2015. Most new stores will be in Ontario and in Western Canada. The company also plans to expand internationally, with 15 stores planned for El Salvador and stores potentially in Costa Rica, Columbia and Peru. 

Dollarama is Canada’s largest retailer of items costing three dollars or less. The company was founded in 1992 and currently has about 800 Canadian locations. All products are priced up to and including three dollars. It was founded by the company’s CEO, Larry Rossy. The company expects to eventually operate about 1,200 Canadian store locations. 

Dollarama’s CFO Michael Ross provided the above information during his presentation at CIBC’s Retail and Consumer Investor’s Conference on Wednesday, March 26th. This information was initially reported by the Toronto Star