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The Bay vs. Holt’s: It’s Time for Label Wars…

Holt Renfrew Vancouver Designer Salon (Image: Holt Renfrew)

Canada’s two largest fashion retailers are in a sort of ‘label war’. The Hudson’s Bay Company (The Bay) and Holt Renfrew have been fighting to carry designers in a sparsly populated country where designer distribution is tightly controlled.  This ‘war’ will only intensify in anticipation of Nordstrom’s entry into Canada in late 2014, and furthermore as The Bay continues to upscale itself as a premiere fashion retailer. 

Ungaro gown in ‘The Room’ at Hudson’s Bay. Image used with permission by Rafael Escobar, owner of the blog Frock of Ages. [Image Source and Link]

Strolling through the second-floor of The Bay in Vancouver, for example, one finds numerous women’s designers available at both Holts and The Bay. To rattle off a few mutually-carried designers: Nina Ricci, Comme des Garcons, Balmain, Akris Punto, 3.1 Phillip Lim, Ralph Lauren Black Label, Nicholas Kirkwood shoes, Brian Atwood shoes, Vince, Diane von Furstenberg, Eileen Fisher, Elie Tahari, J-Brand Jeans, McQ by Alexander McQueen, Naked & Famous, Opening Ceremony, Theory and Z-Spoke Zac Posen. 

We’ll review menswear at both stores once The Bay’s sixth-floor men’s store is open in mid October. Again, expect some designer cross-over.

Shoe Shopping at The Bay in Vancouver (Image: thestylespy.com)

Our source at Vancouver’s Holt Renfrew tells us Holts has been scrambling to pick up some of the more upscale designers selling with some success at The Bay, including expensive designers Nina Ricci and Balmain, and shoe designers Brian Atwood and Nicholas Kirkwood. What’s interesting to note is The Bay’s pieces by these designers are generally more ‘out there’ and ‘unique’ compared to more subdued offerings by the same designers at Holt Renfrew.  This phenomenon is thanks a Bay buyer/creative director named Nicholas Mellamphy, who has carefully cultivated an avant garde, upscale image for The Bay’s luxury salon known as ‘The Room’. The Room is currently at Bay stores in Vancouver and Toronto, and will open tentatively next year in Montreal. 

The Bay has taken some women’s designers that Holt Renfrew has dropped, including DSquared2, Armani Collezioni, L’Wren Scott, Piazza Sempione, Moschino Couture and Thakoon. Our Holt Renfrew insider source notes that Armani Collezioni, DSquared2 and Piazza Sempione struggled at Holt Renfrew in Vancouver and were therefore dropped prior to being picked up by The Bay.

Readers in more remote parts of Canada may be surprised to hear that you can buy a $10,000 dress at The Bay. Readers can be assured that more remote Bay stores, some currently in awful shape, will be renovated via money raised from an initial public stock offering which is expected to happen between mid-October and the early New Year. 

Snakeskin Proenza Schouler bags, available at The Bay in Vancouver and Toronto. Price? If you have to ask, you can’t afford it… (ok fine, they’re just under $8,400 each)

We will keep you updated with various movements within Canada’s designer label availability, and we will start posting about where Canadians can find some premium designers. Be sure to follow us on Twitter and Facebook, as we sometimes provide insider retail information not posted on this website. 

Hudson’s Bay Company website: www.thebay.com

Holt Renfrew website: www.holtrenfrew.com

Old Navy Signs Lease for Downtown Vancouver store

Photo: MCMP Architects

This week Old Navy signed a lease for a 12,365 square foot store at the corner of Granville and Robson Streets in Vancouver, BC. The store will include 1,598 square feet on the ground level (unit 104 on the floorplan below, with a Granville Street entrance) with an escalator taking shoppers to its 10,767 square foot second floor.

Floorplan: CBRE

The building is under construction and will have the municipal address “720 Robson Street”. Two previous buildings were torn down for the project. Old Navy will be located directly across the street from Vancouver’s new Nordstrom store, set to open in 2015 as we previously reported.

Old Navy website: www.oldnavy.ca

The News is SHOES: Holt Renfrew Yorkdale Getting 10,000 Square Foot Shoe Salon

Current Yorkdale Holt Renfrew store - food court above will become part of the store (Image: Retail Details)

Toronto’s Yorkdale Shopping Centre Holt Renfrew will get a 10,000 square foot ladies’ shoe department. This will be the largest shoe salon in the chain (until other Holts stores enlarge their shoe departments). The second-largest shoe floor at Holt’s is 5,400 square foot on the main floor of their Calgary store.

An insider with Holt Renfrew tells us this is only the beginning of a major shoe-focused effort for Holts. Women’s shoes are currently the second most productive selling space per square foot after Holt’s cosmetics department. Our Holts insider tells us that we can expect to see a significant shoe expansion at Holt Renfrew in the next 24 months, including the possibility of some branded shops-in-store not previously seen at the Canadian store. 

We previously reported on expansion of the Holt Renfrew Yorkdale store to 120,000 square feet. This will include a men’s store with a separate exterior entrance, a unisex contemporary clothing department, and an atrium created from the annexing of a former upstairs food court. 

5,400 sq ft, ground-floor shoe dept. at Holt Renfrew, Calgary (Image:  http://www.contractdesign.com)

Holt Renfrew website: www.holtrenfrew.com
Yorkdale Shopping Centre website: www.yorkdale.ca

Retail Insider on twitter: @retailinsider_
Retail Insider on Facebook: www.facebook.com/RetailInsider 
Got any retail insider info? insider@retail-insider.com

TopShop/TopMan Opening in Toronto October 4, 2012

TopShop/TopMan will open a 19,000 square foot store on the 2nd and 3rd floors of The Hudson’s Bay Company’s Queen Street store on October 4th, 2012. The Bay has included a Youtube video advertising its new location.

Not long after, a 33,000 square foot TopShop/TopMan will open in the basement at The Bay in Downtown Vancouver, BC. This will be, allegedly, the largest TopShop/TopMan location outside of England. We’re not sure if this is true (Chicago’s TopShop might be bigger) but according to Bay management, Vancouver’s will be even larger. We’ll go with that, and we’ll happily attend their Vancouver grand opening.

The Bay’s Toronto Queen Street flagship store (image: Retail Details)

Watch for coverage of TopShop’s Vancouver opening, as well as a Thierry Mugler fashion event in The Room at The Bay, Vancouver, late October.

Hudson’s Bay Company website: www.thebay.com

TopShop website: http://www.topshop.com

Retail Insider on twitter: @retailinsider_
Retail Insider on Facebook: www.facebook.com/RetailInsider 
Got any retail insider info? insider@retail-insider.com

Sherway Gardens Gets Greater: Burberry, Cole Haan, Tory Burch, Ted Baker, Tumi, All On The Way…

Sherway Gardens

Burberry, Cole Haan, Tory Burch, Ted Baker, Tumi and other new retailers are moving into an expanded Sherway Gardens mall in Toronto. Not to mention a new 138,000 sq ft Nordstrom store and the previously reported Louis Vuitton and Henri Bendel stores. Sherway Gardens’ massive, upscale expansion also includes a new 102,000 sq ft Holt Renfrew store, a 19,000 sq ft Harry Rosen store and a 38,000 sq ft replacement Sporting Life store. Nordstrom will move where Sporting Life is currently located, at the south end of the mall.

Below is a floorplan of the entire expansion. We’ll provide close-ups since the images are a bit blurry…

Floorplan: Cadillac Fairview

According to Consumer Epic, the above image shows the northward expansion of Sherway Gardens. We’ll provide some easier-to-see closeups below:

Floorplan: Cadillac Fairview

This floorplan image shows the new 3544 sq ft Burberry store being next to the new 2068 sq ft Louis Vuitton store. Tory Burch, Kate Spade and Ted Baker will be neighbours with an expanded Holt Renfrew store.

Floorplan: Cadillac Fairview

The above image shows a 19,000 sq ft Harry Rosen store along with a 2415 sq ft Hugo Boss store (Harry Rosen-owned), Tumi, a 3493 sq ft Cole Haan store and our previously reported Henri Bendel store. A new H&M, Zara and other retailers complete the space. Notice the 1571 sq ft Sporting Life on this map…

Floorplan: Cadillac Fairview

That 1571 sq ft Sporting Life space is a smaller, escalator-access space to a second-level, 36,732 sq ft Sporting Life store.

Sherway Gardens will be an exceptional shopping experience once completed some time in 2016. Be sure to follow us on Facebook and Twitter, as we sometimes announce things early on articles we publish here (we mentioned Sherway’s Vuitton a day early on our Facebook page for example), and we also sometimes tweet first-in-time retail information not published on this site. Links to our Facebook and Twitter are provided below.

Sherway Gardens website: 

www.sherwaygardens.ca

Burberry website: 

www.burberry.com

Harry Rosen website: 

www.harryrosen.com

New Nordstrom Pacific Centre and Sherway Gardens Renderings

Nordstrom Pacific Centre, Granville/Georgia entrance: James Cheng/Cadillac Fairview

This morning, Cadillac Fairview released renderings of two new Canadian Nordstrom stores: Several at Vancouver’s Pacific Centre, the other at Toronto’s Sherway Gardens. Let’s start with the new Vancouver store:

Nordstrom Pacific Centre, Robson/Howe Street entrance: James Cheng/Cadillac Fairview
Nordstrom Pacific Centre, from Robson Street near Hornby Street: James Cheng/Cadillac Fairview
Nordstrom Pacific Centre, Granville/Robson entrance: James Cheng/Cadillac Fairview
Nordstrom in blue. Notice the 2 light wells for offices above. Image: James Cheng/Cadillac Fairview
Howe Street exterior of Pacific Centre Nordstrom: James Cheng /Cadillac Fairview

Nordstrom’s Pacific Centre Vancouver store will include four levels of office space, serviced by two internal light wells. Each office floorplate will be about 70,000 square feet, being the largest office floorplates in the city.

The building is being re-designed by architect James Cheng. As we previously reported, Nordstrom will occupy 230,000 square feet on levels Ground, two and three, while the lower-level of the former Sears store will be 48,000 square feet of multiple-tenant retail. 

Sherway Gardens, Toronto. Nordstrom in blue. Image: Cadillac Fairview

The Sherway Gardens store will be newly-built 138,000 square feet, located where the mall’s Sporting Life anchor currently resides as we previously posted.

We are expecting further renderings in the near future, and will continue to update this page.

Be sure to follow us on twitter and Facebook, as we provide interesting updates sometimes not included on this website.

Nordstrom website: www.nordstrom.com

Cadillac Fairview website: www.cadillacfairview.com

Holt Renfrew Calgary to Expand Retail Space by 30,000 sq ft

Holt Renfrew, Calgary: Thank you: http://www.snackingsquirrel.com

Calgary’s Holt Renfrew store will expands its retail space by about 30,000 square feet within the next year, occupying unoccupied space on the store’s fourth floor. This is partly in response to Nordstrom’s announcement of a new store at Calgary’s Chinook Centre Mall.

The Calgary Holt Renfrew store currently utilizes about 120,000 square feet of its 151,000 square foot gross space. The 30,000 square feet on the store’s fourth floor (aka +45 Level) has been vacant since the store opened in a former Sears location October 2009. Holt’s didn’t want to initially ‘overwhelm’ the Calgary market with a 150,000 sq ft store after its previous location was only 42,386 square feet. 

Holt Renfrew is examining the possibility of opening a restaurant, spa, and private personal shopping suites in the space. Holt’s is also looking to expand its contemporary apparel for women, and may consider a combined men’s/women’s department similar to what will be built in the Holt Renfrew Yorkdale Shopping Centre expansion as we previously reported

Calgary’s original downtown Holt Renfrew was at Penny Lane Mall (R.I.P.), and was only about 16,000 square feet. A second small Calgary location was at Chinook Centre. Both closed, and a replacement store opened at the Calgary Eaton Centre in 1988 at about 27,343 square feet.

Be sure to follow us on Facebook and twitter, as we provide interesting updates not posted on this website.

Holt Renfrew website: www.holtrenfrew.com

Nordstrom website: www.nordstrom.com

Retail Insider on twitter: @retailinsider_
Retail Insider on Facebook: www.facebook.com/RetailInsider 
Got any retail insider info? insider@retail-insider.com

Nordstrom Press Release Names First Four Canadian Locations

Nordstrom (Photo: Bloomberg)

This morning Nordstrom and commercial real estate owner/manager Cadillac Fairview announced Canada’s first four Nordstrom locations. We previously reported these four locations, and we now have more information on opening dates and store sizes:

1) The Vancouver Pacific Centre location will be about 230,000 square feet and will occupy the ground, second and third floors of the current Sears location. The top four floors will be 280,000 square feet of office space, and the 48,000 sq ft basement level will be a retailed extension of Pacific Centre’s mall-level. It will open Spring 2015.

2) The Calgary Chinook Centre store will be about 140,000 square feet, occupying the Sears store at the North end of the mall. It will open Fall 2014.

3) The Ottawa Rideau Centre store will be about 157,000 square feet, occupying the two upper levels of of the three-level, 240,000 sq ft  current Sears store. It will open Spring 2015.

4) The Toronto Sherway Gardens store will be about 138,000 square feet, and will be a newly-built store at the south-end of the mall (currently occupied by Sporting life, as we previously reported). It will open Fall 2016.

And now for the information not provided in today’s press conference. Nordstrom and Cadillac Fairview are actively trying to take over Sears leases at The Toronto Eaton Centre and Toronto’s Yorkdale Shopping Centre. Part of the 800,000 square foot Toronto Eaton Centre store would be Nordstrom, part of the space would be sub-divided, and part might possibly go to La Maison Simons, the Quebec-based retailer seeking a Canadian expansion. The 190,000 square foot Yorkdale store would be entirely (or mostly) Nordstrom, going head-to-head with neighbouring Bay and Holt Renfrew stores.

Nordstrom is examining other retail locations across Canada. Many of these are currently occupied by Sears Canada. A few potential locations include:

-Edmonton: Sears Southgate Shopping Centre
-Richmond, BC: Sears Richmond Centre
-Burnaby BC: Metropolis at Metrotown
-Winnipeg MN: Sears Polo Park

Nordstrom’s president, Blake Nordstrom, says Canada has room for between six and nine full-sized Nordstrom stores.

Readers may note that some of the Nordstrom stores seem a bit ‘small’ and indeed are only slightly larger than a full-sized Holt Renfrew store. Canada’s Nordstrom’s will initially lack some services offered by some larger American Nordstroms, such as spas, multiple restaurants, and wedding dress salons. The Vancouver store, however, will likely have all of these.

Both Holt Renfrew and The Hudson’s Bay Company will be scrambling to secure designer labels and vendors. Holt Renfrew already has massive expansion plans as we previously reported, and The Hudson’s Bay Company will issue an IPO late October 2012 to raise much-needed funds (over $1billion) to renovate many of its Canadian locations.

We will consistently update this website with further Nordstrom Canada news, as well as Hudson’s Bay Company and Holt Renfrew efforts to modernize and expand their current locations in anticipation of retail competition previously unseen in Canada.

Nordstrom website: www.nordstrom.com

Cadillac Fairview website: www.cadillacfairview.com

Nordstrom Formally Announcing Canadian Locations Thursday, September 13th

Image: Nordstrom

Nordstrom will announce its first round of Canadian stores via press conference on Thursday, September 13th. We have been provided some insider info from our mole at the Seattle headquarters, and have been asked to not share it until after the Toronto press conference. We can confirm that there will eventually be more than four Nordstrom stores in Canada, though only four will initially be announced.

This is only the beginning. Nordstrom Rack will also open multiple locations in Canada, and we will provide details as they come available. Nordstrom will also be carrying some designers not currently readily available in Canada (or at all), and it will be snatching up some exclusive designers from both The Hudson’s Bay Company and Holt Renfrew. Expect label wars unprecedented in Canadian history.

As a teaser, next week we’ll be discussing Nordstrom’s retail interiors and how Canadian locations will be slightly different than American Nordstroms. Nordstrom will also introduce some hard-shops for women’s accessories and clothing, competing directly with Holt Renfrew’s designer floors. The Hudson’s Bay Company should also be concerned, as Nordstrom will carry both Coach and Burberry.

One of Nordstrom’s Canadian challenges will be menswear. Details to follow next week.

Watch this website Thursday and follow us on twitter (@retailinsider_) for timely updates on Nordstrom’s entry into Canada!

Nordstrom website: www.nordstrom.com

$300million Holt Renfrew Expansion Will Be Largest in Company History

Holt Renfrew

Holt Renfrew will spend over $300 million expanding total store square footage by about 40% by the end of 2015. Several stores are slated for significant expansions and we’re giving you the preliminary breakdown, Canada-coast-to-coast. 

Holt Renfrew has nine full-line stores in Canada, ranging between about 32,000 sq ft and 180,000 sq ft. We have an ‘insider’ working at Holt Renfrew’s corporate office in Toronto, confirming significant expansion plans for several Holt Renfrew stores. In summary: 

Vancouver BC: This 137,000 square foot store may (possibly) be expanded by about 40,000 square feet by annexing space currently occupied by a two-level sports retailer, as well as some current mall space. The configuration could include some storage space, opening the possibility of a top-level restaurant that had initially been planned for this store when it opened in 2007. It should be noted that this is only being investigated by the retailer, and that no current negotiations with landlord Cadillac Fairview are currently under way. 

Calgary, AB: This 151,000 square foot store includes about 30,000 square feet of unused fourth-floor space that may be opened up to include a spa/salon, restaurant and personal shopping suites. The store currently only uses about 120,000 square feet of its 151,000 square foot configuration of a former Sears/Eatons store.

Edmonton, AB: This 47,000 square foot store may annex 20,000 square feet on the third floor of Manulife Place. Edmonton’s Holt Renfrew under-performs compared to most other locations, and its future may be uncertain. 

Toronto Bloor Street: This ~185,000 square foot store (175,926 sq ft in The Holt Renfrew Centre + 3800 sq ft ground level at 60 Bloor Street West + Personal shopping suites in the 60 Bloor tower) will lose its entire eastern-portion of retail, and will be oriented vertically over eight floors as part of a massive project we mentioned in one of our previous posts, taking this flagship to over 200,000 square feet. 

Toronto Sherway Gardens: This 33,670 sq ft store will be demolished and replaced with a 102,000 square foot store, as well as an expansion of the mall as we previously reported.

Toronto Yorkdale Shopping Centre: This 65,047 sq ft store will be expanded both Westward and via a new second-level, creating a ~120,000 square foot store as we previously reported. 

Ottawa ON: This 47,000 sq ft store may be relocated, though this is very preliminary. Holt’s Ottawa struggles like the Edmonton location, and will face fierce competition once Nordstrom opens at Rideau Centre.

Montreal QC: This 83,000 sq ft store had initially been planned to expand to about 190,000 square feet. These plans were cancelled as sales in Vancouver and Calgary took off, while Montreal’s continue to struggle. Regardless, Holt Renfrew will tentatively move into the ~180,000 square foot space currently occupied by the retailer Ogilvy, also owned by the parent company to Holt Renfrew. This expansion warrants a separate article to follow. 

Quebec City QC: This 32,943 square foot store is currently the smallest and worst-stocked Holt Renfrew store. It faces competition from a recently expanded La Maison Simons, and our source is unsure of the fate of this location. 

Our source also tells us Holt Renfrew management is examining replacing its trademark magenta colour scheme with something new. We fully support this endeavour, personally not liking magenta except when illuminating the exterior of Au Printemps in Paris. 

We’ll update you further when we get updates! 

Holt Renfrew website: www.holtrenfrew.com

Ogilvy website: http://ogilvycanada.com/en

Louis Vuitton website: www.louisvuitton.com