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Vancouver-Based Brand DUER to Double Store Count in 2023 [CEO Interview]

Future Duer Storefront at Square One (Image: Duer)

Vancouver-based apparel brand Duer plans to double its retail footprint in 2023 with the first of several storefronts to open in the Square One Shopping Centre in Mississauga in April and are close to confirming a new Toronto location slated to open later this spring.

The brand intends to double its store count from five to 10 this year.

“The Greater Toronto Area is Duer’s fastest growing Canadian market so we’re optimistic about how these stores will perform,” said Gary Lenett, Co-founder and CEO of Duer. “We see our new retail footprints as a way to connect people with the brand but also as community hubs where we can bring the Duer ethos to life.

“We have an ambitious growth trajectory and the market’s preference for sophisticated, comfortable clothing has propelled what’s possible. The momentum hasn’t changed our approach to growth, which is to scale profitably –  and we’re confident additional storefronts in Canada will support this goal.”   

Image: DUER
Gary Lenett

Lenett said the retailer, known for its comfort-driven denim and pants, has a business strategy to optimize brand awareness and interest in the Canadian retail landscape before further expansion into the U.S. and Europe.   

The company on its website says it is on a mission to eliminate plastic (oil-based fibres) from its apparel and currently 95 per cent of fibres used are plant-based or recycled.

The retailer has locations in Vancouver, Toronto, Calgary, Denver and Los Angeles. The Calgary, Denver and Los Angeles stores opened during the pandemic.

Duer began a few years ago with a popup store in its design office which was in Railtown in Vancouver in 2016. The first permanent store opened shortly after that in Gastown in Vancouver. 

The Square One location is slated to open April 1 followed by another location in Toronto in the spring, which the brand is close to confirming.

“We’re actively looking at Ottawa, Montreal, Edmonton and then perhaps another store in the Lower Mainland of Vancouver. The Toronto market is our greatest, fastest growing market right now. We think we could easily have three stores in the Greater Toronto Area,” said Lenett.

DUER at 491 Queen Street West (Image: Dustin Fuhs)

“We really believe that we had to have brick and mortar stores in order to get our brand across. We’re an omnichannel business. We want to meet customers where they want to shop. So if they want to shop online, great. We don’t see us as having 100 stores in Canada or even in North America. We’re not trying to be another lululemon in terms of our retail footprint.

“Some of our customers want to shop in store. They want the full assortment and some of them want to shop with our wholesale customers, other retailers like MEC. We sell to everybody from Holt Renfrew, Sporting Life, Harry Rosen, Simons. We believe that’s our secret sauce. We don’t really favour one channel over another. Obviously, our margins are a little bit better on our direct channels. But we really feel we have to be customer centric and modern and let people shop where they want to shop.

“We have to have sort of a minimum amount of outlets in order to achieve that. The major cities in Canada are no brainers for us. Our units are very profitable, so it makes sense.”

Image: DUER

When Lenett conceived of the idea for Duer, he went to an old friend of his in the business. He told him that if he was going to do this right – really build a brand properly – then he couldn’t go to third-party factories. Lenett wanted the company to have its own factory so the brand could be built out the right way.

“My partner who started this factory and is pretty much fully dedicated to Duer, he owns 50 per cent of the company. I basically gave away 50 per cent of the company because I thought that supply chain piece was so important to building a brand properly,” said Lenett.

“The brand was all about me wanting to simplify my life. I gave up my car for a bicycle. It was about me not being able to find anything that I would wear throughout my day. Duer is about making it simple for someone to find clothing that they can do everything they do in a day. I couldn’t get a trademark on doer so I called it Duer.”

Uniqlo to Enter Ottawa Market with Ongoing Canadian Store Expansion

Artist’s rendering of UNIQLO Square One Shopping Centre (CNW Group/UNIQLO Canada)

Japanese fashion retailer Uniqlo announced that it will enter the Ottawa market this year with its first store. It’s part of a national expansion for Uniqlo that will see it operate locations in the Toronto, Montreal, Vancouver, Edmonton, Calgary and Ottawa markets by the end of the year. 

The Ottawa store at CF Rideau Centre will span about 15,000 square feet, carrying a range of Uniqlo’s in-house brand ‘LifeWear’ for men, women, and children. 

Daisuke Tsukagoshi

“We are proud of our strong connection to Canada,” said Daisuke Tsukagoshi, CEO, UNIQLO North America. “Opening in the nation’s capital marks an important milestone in UNIQLO’s progress; it will allow us to strengthen our relationship with Canadian shoppers and introduce LifeWear to new guests – that clothing is made for everyone every day.”

The CF Rideau Centre store will open in June in a third-level retail space formerly occupied by Victoria’s Secret as well as retail space behind it. 

Image: Cadillac Fairview
UNIQLO at Fairview Pointe Claire (Image: UNIQLO)
Grand opening of the CF Richmond Centre store near Vancouver in 2018. Photo by Ritchie Po
Exterior of Uniqlo at CF Toronto Eaton Centre (Photo: Dustin Fuhs)

While it hasn’t been officially announced by Uniqlo, a recent article in Retail Insider revealed that Uniqlo will enter the Calgary market later this year with a store at CF Chinook Centre. It will be the second store for Uniqlo in the Alberta market, following the 2019 opening of a storefront at West Edmonton Mall in Edmonton.

Uniqlo currently operates 16 stores in Canada. 

Uniqlo entered the Canadian market in September of 2016 when it opened a flagship store at CF Toronto Eaton Centre in Toronto. A second Toronto flagship opened a month later at the Yorkdale Shopping Centre. Uniqlo now has seven stores in the Greater Toronto Area with other locations being at Square One in Mississauga, Vaughan Mills north of Toronto, CF Markvile in Markham, Upper Canada Mall in Newmarket, and at Oshawa Centre in Oshawa.  

Uniqlo’s first store on the West Coast opened at Metropolis at Metrotown in Burnaby in October of 2017, and subsequently opened locations at CF Richmond Centre in Richmond, Coquitlam Centre in Coquitlam, and Guildford Town Centre in Surrey. 

Future Uniqlo store where Victoria’s Secret once had a store at CF Rideau Centre — photo by Dustin Fuhs
Further view of the future Uniqlo store where Victoria’s Secret operated at CF Rideau Centre — photo by Dustin Fuhs

Uniqlo’s first store in Montreal opened in October of 2020 in the city’s downtown core at the Montreal Eaton Centre. It remains the largest Uniqlo location in Canada with over 40,000 square feet of leased space facing Ste-Catherine Street. In 2021, a store opened at CF Carrefour Laval near Montreal and in 2022, two other units opened at CF Fairview Pointe Claire and CF Promenades St. Bruno. 

Jeff Berkowitz of Aurora Realty Consultants represents Uniqlo as broker in Canada and has negotiated all of Uniqlo’s store leases in this country. 

Foot traffic patterns may change at CF Rideau Centre in Ottawa following the announcement last month that Nordstrom will be exiting its Canadian operations. The downtown Ottawa mall houses a 157,000 square foot Nordstrom location which will shut by the summer, along with all Canadian stores. CF Rideau Centre is also home to a large La Maison Simons store as well as some notable upscale retailers such as Harry Rosen and Tiffany & Co. 

Uniqlo said in a statement that it has a five year plan to operate about 200 stores in North America, with plans to open about 20 stores a year into 2027. 

Uniqlo is owned by Fast Retailing Co. Ltd. which is one of the world’s largest fashion retailers. In 2022 it saw sales of about USD$16.6 billion. The company has a total of more than 2,400 stores across the world. 

SAXX Underwear Launches 1st Immersive Shop-in-Store at Hudson’s Bay Flagship in Toronto [Interview/Photos]

SAXX at Hudson's Bay Queen Street (Image: SAXX)

Men’s underwear brand SAXX has launched its first immersive in store experience in the Hudson’s Bay flagship location in downtown Toronto on Queen Street.

The concept has started in a 400-square-foot space in the high-profile retailer’s space, showcasing its innovative underwear from everyday to athletic performance and expanded apparel collections.  

Wendy Bennison

“As a Canadian based company, working with Hudson’s Bay, Canada’s iconic oldest company and a retailer known as a destination for style and quality, we could not have found a more appropriate place for SAXX’s first shop-in-shop location,” said Wendy Bennison, SAXX CEO, in a statement. 

“At SAXX we are obsessed with ensuring men are comfortable throughout their day, this space will allow us to showcase the support of our propriety BallPark Pouch™, the cooling benefits of our DropTemp™ Cooling technology, as well as some of our newer collections such as swim, athletic apparel, sleep and socks.” 

SAXX at Hudson’s Bay Queen Street (Image: SAXX)

Adam Craig, Vice President of Sales for SAXX, said The Bay approached SAXX in January 2020 about the opportunity of putting a fully immersive SAXX store into the flagship store on Queen Street but the pandemic put those plans on hold.

“This has been a vision and something we’ve been imagining how we would bring it to life for a number of years,” he said.

The company, which is based in Vancouver, was founded in 2006. The company began its business through wholesale with its primary source of distribution out of the gate, working with retailers as well as distributors. Then the direct to consumer side of the business came about.

“If you think back, in 2015 our direct to consumer business was right around 15 per cent of our business. Over 85 per cent business was done through wholesale,” said Craig. “Wholesale is still a big part of our business so you’re going to find us both on the direct to consumer side of the business which is an important part where we work direct with the consumer but also our primary channels of distribution are going to be sporting goods, outdoor retailers, department stores, better men’s and contemporary stores, as well as we sell in some lingerie stores,” said Craig.

SAXX at Hudson’s Bay Queen Street (Image: SAXX)

At the wholesale level, the brand is sold through SportChek, Mark’s, The Bay, MEC, Harry Rosen, as well as some of the larger better known stores in the US.

“One of the unique things of our business is the balance between our bigger box retailers and our specialty business. Roughly half of our business is done through our independent specialty accounts. So it’s a lot of the mom and pops that really do a beautiful job of curating intelligent product stories.”

With consumers now returning to the stores following the pandemic, it was a natural progression for the retailer to open a physical presence.

SAXX at Hudson’s Bay Queen Street (Image: SAXX)

Craig said the company does envision more of these locations opening in the future.

“We have a strong desire to launch one in the United States before this holiday 2023. That is something that is on our radar to be able to execute but I think in general as consumers are moving back into physical retail environments and foot traffic was up across almost all channels of retail last year from all reports we’re seeing, we really want to make sure we’re doing a better job elevating our brand’s messaging and the storytelling,” he said. 

“So at SAXX we’re looking at not only trying to do more versions with what we did with The Bay but in total elevate our physical presence at retail.”

Craig said the company has thought about establishing its own branded stores but right now it believes the best opportunity is leveraging the expertise of its wholesale partners who do that really well today. 

“That’s where we see scale being in replicating what we did with The Bay with other retailers that know how to be great retailers in a physical environment versus teaching ourselves that skill right now. It’s something on a longer term road map, though,” he said.

SAXX at Hudson’s Bay Queen Street (Image: SAXX)

The retailer said key features of the concept area include:   

  • A deconstructed pair of SAXX underwear, that helps shoppers visually experience the BallPark Pouch™ technology; 
  • An educational zone to inform shoppers about the benefit of DropTemp™ – SAXX’s newest cooling technology in their self-care routine; and  
  • Humorous moments that nod to the brand’s focus on keeping gentlemen comfortable,  including a mirror that reminds shoppers to “Keep your eye on the ball” and a ball-shaped seat with the text “Gentleman’s chair.” 

Craig said The Bay location is the first retail environment where customers can see the depth and breadth of all of the product categories that SAXX has to offer.

Holt Renfrew to Relocate Standalone Men’s Store on Toronto’s Bloor Street Back into Flagship

Holt Renfrew Men at 100 Bloor St. W. in Toronto. Photo: Dustin Fuhs

Luxury multi-brand retailer Holt Renfrew has announced that its standalone men’s store at 100 Bloor Street West in Toronto will be relocating back into the 50 Bloor Street West flagship store nearby where it had operated for years. The new men’s store will be located on the third floor of the larger Holts and will open towards the end of 2024. 

The current Holt Renfrew Men store at 100 Bloor opened in September of 2014 in a 16,500 square foot space that was formerly occupied by Roots and The Body Shop. The men’s store currently houses a range of brands, including a second-level concession space for Gucci. 

Prior to opening its standalone store, Holt Renfrew’s men’s department was located over two levels within the 190,000 square foot Holt Renfrew flagship at 50 Bloor Street West — that included space on the street level as well as part of the basement, which now houses a beauty department

The Holt Renfrew ‘mothership’ at 50 Bloor Street West in Toronto. Photo: Dustin Fuhs
Click image for interactive Google Map
3rd floor wayfinding at Holt Renfrew, 50 Bloor St. W — part of the floor will become the new men’s store. Photo: Dustin Fuhs

As part of the new third floor men’s department, Holts said that there will be “new multi-use experience spaces”. And menswear won’t be the only category on the third floor, which spans less than 30,000 square feet. Holt Renfrew said in a statement that women’s contemporary fashions, which are already housed on the third floor, will remain there (though obviously in a smaller space). Holt Renfrew’s socially-drive department ‘H Project’ will also be located on the third floor after the renovations. Construction will involve Green Build upgrade including a new HVAC system for better temperature control and airflow. 

The design of the new men’s store will be “bold and modern” according to Holt Renfrew, allowing for “benefits and service opportunities”. Last year a sales associate mentioned to a Holt Renfrew journalist that it would be a good idea to have men’s on-site — if a female customer wanted to shop for her husband, for example, she and the sales associate would have to travel up the street to the standalone men’s store. 

Holt Renfrew has already been investing heavily into its larger Bloor Street flagship store, including a renovation to its women’s designer floor on level two. Since last year, new boutique spaces have opened for luxury brands Chanel, Gucci and Celine for women, as well as The Studio which is an Instagrammable space catering to stylists as well as offering a unique place to try on clothing. Renovations are ongoing on the second floor, following renovations to the street level which includes 12 luxury brand concessions as well as the basement level housing beauty brands including a standalone Chanel Beauty concession

3rd floor women’s contemporary department at Holt Renfrew, 50 Bloor St. W. in Toronto. Photo: Dustin Fuhs
Wayfinding/store guide, photo taken from mezzanine looking towards levels 2 and 3 at Holt Renfrew in Toronto, 50 Bloor St. W. – photo by Dustin Fuhs
Display on the 3rd floor of Holt Renfrew, 50 Bloor St. W. in Toronto. Photo: Dustin Fuhs

Currently the largest men’s store for Holt Renfrew is in Montreal, contained within the Holt Renfrew Ogilvy store which opened fully during the pandemic. That men’s store spans about 40,000 square feet on the fourth floor of the store, with the Vancouver store’s men’s floor being the second largest. 

The exit of Holt Renfrew Men from 100 Bloor Street West provides an opportunity for another luxury retailer to occupy the space — or possibly more than one, given its size. Retail Insider will follow up on this when we learn more about what’s happening. 

Holt Renfrew also said to Retail Insider that after Mother’s Day on May 14th, the restaurant at the Yorkdale Holts store will close to eventually be repurposed into retail space. The goal is to increase sales in the store as well as foot traffic. Details will be released later this year — Holt Renfrew told Retail Insider that it will involve “an exciting key brand development, who will significantly expand their offering and experience in the store”. 

Holt Renfrew also said that its growing its e-commerce business by launching eConcession, where the store’s leased brands can showcase their assortment. A substantial number of brands at Holt Renfrew stores are in concession spaces, including names such as Gucci, Prada, Dior, David Yurman, Burberry and others. Holt Renfrew is the dominant multi-brand luxury retailer in Canada with many brands not carried at either Saks Fifth Avenue or the soon-to-close Nordstrom chain. 

Canadian Retail News From Around The Web For March 16th, 2023

Canadian Retail News From Around The Web

News at a Glance

Retail Insider is streamlining its Canadian retail news from around the web to include a handful of top news stories that can be viewed quickly during the day. Here are the top stories from the past 24 hours.

Couche-Tard revenue rises to record, but profits drop amid higher costs (Financial Post)

Canadian Tire tops list of most respected retailer: Survey (Toronto Sun)

Canadians may be feeling the pinch at the grocery store but not as bad as elsewhere (CJWW)

Why Canada is a tough market to crack for U.S. retail giants (Modern Retail)

Metro Ontario and Too Good To Go announce province-wide partnership (Grocery Business)

Fire & Flower Expands Market Presence in Winnipeg to Five Cannabis Retail Store Locations (MarketScreener)

Small businesses may be forced to lay off staff or close to repay pandemic debt, survey finds (Ottawa Business Journal)

New Leasing Opportunities at Cornwall Square (Choose Cornwall)

BMW Group Canada celebrates retail partner excellence with inaugural Retailer of the Year program (BMW)

Melcor launches commercial, retail plans for Calgary’s Greenwich village (Real Estate News EXchange)

Black Woman Market exceeding expectations in Montreal retail (CJAD)

Penticton Nissan store sets sales record near five-year anniversary (Canadian Auto Dealer)

The Mushroom-Zombie Mall From The Last of Us Is Getting Redeveloped (re Calgary’s Northgate Mall – Curbed)

Canadian Women’s Undergarment Brand Knix Expanding Further with Stores and Significant Growth [Founder Interview]

Knix on Robson Street (Image: Martin Moriarty)

Joanna Griffiths launched Knix with the goal of transforming an underwear market that had too much frill and not enough function. 

Today, the retailer is a trailblazer with its comfortable wireless bras to super absorbent underwear, which are designed to make women feel more comfortable in their own skin.

Joanna Griffiths

While the company has experienced spectacular growth since its inception in 2013, Griffiths, Founder and President, said the retailer sees great potential for future growth.

“There’s two different things that are resonating with customers about Knix. The first one is from a product standpoint we’ve been really listening to customers and have thought about a more human centric approach to design taking into account our customers . . . what it is that’s important to them, bringing a lens to design that’s brought into the intimate apparel industry previously,” said Griffiths, who recently was named Canada’s EY Entrepreneur of the Year.

PHOTO: KNIX

“Historically a lot of the intimate apparel brands were being led by men but creating products for women. So a lot of the products historically have been designed (and) aren’t necessarily the most comfortable or versatile or taking into account the wear and so at Knix we’ve really engineered products for real life. We’ve been ahead of a lot of the bigger trends that have taken place within the intimates category. Our first product that we launched with leakproof underwear, or period underwear, we were pioneers, inventors of that category. That has become a billion-dollar category. You see other retailers like Victoria’s Secret, Aerie carrying that product as well.

“Primarily we were one of the first to market with wireless bras and now if you look at macrotrends within the intimates category, wireless bras are the fastest growing bra style or category group within the broader landscape. From a product standpoint we’re making products that really speak to the customer and the way they are choosing to live their lives now.

“And from a brand standpoint, we’ve, out of the gate, set to create a more welcoming and inclusive brand. We were very early in body diversity, inclusivity, welcoming customers of all shapes, sizes, ages. And that obviously is a message that’s really sticking out with consumers.”

Knix on Robson Street (Image: Martin Moriarty)

The first store was launched in Kitsilano in Vancouver in October 2019. Currently, there are seven stores – four in Canada and three in California. The Canadian stores are in Vancouver, Calgary, Ottawa and Toronto. The California stores are in Santa Monica, San Diego and San Francisco.

Griffiths said Knix is opening a second Vancouver location in the spring on Robson Street as well as an additional two or three Canadian locations later this year.

She said store sizes vary. The initial Vancouver store was about 750 square feet. It was relocated last year and now the retailer typically looks for stores of about 2,500 to 3,500 square feet.

“We’ve been adding about three to four locations a year historically and that seems to be the pace we’ll continue to add for the foreseeable future,” said Griffiths.

Martin Moriarty and Mario Negris of Marcus & Millichap team handled the transaction for the 1150 Robson Street Location, which was formerly occupied by American retailer Eddie Bauer.

Knix on Queen Street in Toronto (Image: Knix)

She said she started Knix with the idea of making great looking leakproof underwear as she saw a huge gap in the market to solve a pain point many people were experiencing.

It was her ‘aha’ moment as she felt whoever did this well would ultimately be very successful and create a product many needed.

“I then picked up on two big themes within the intimates landscape. The first one was there had been really little product innovation. There hadn’t been a lot of focus in making products that were designed for people with real lives,” she said.

“And the second was identifying that there was space within the intimates landscape for a different kind of brand. When I launched the company in 2013, I’d been working on it for a couple of years.”

Knix on Queen Street West (Photo by Dustin Fuhs)

At the moment sales are focused on Canada and the US.

“But we see demand for our products well beyond North America so we see that potential for longer-term expansion setting our sights outside of North America as part of that,” said Griffiths.

The retailer has expanded its product offering over the years and most recently it entered into the activewear category. The assortment also includes shapewear, sleepwear, swimwear, loungewear as well as a teen brand.

“We’re playing in a pretty large category space so it’s really about now going deeper into the categories that we’re already playing in and also thinking about diversifying our revenue channels,” explained Griffiths.

“Currently 100 per cent of our sales come from selling online through our website and then our seven retail stores. And now we’re starting to think about wholesale, retail partnerships. We just launched on Amazon in the US. Even that is a new channel for us. There’s actually so much room for us to grow and expand, be it going deeper into the categories we already have, expanding our distribution through third parties, adding more retail stores and thinking about international. We’ve got our hands full at the moment.

“But we always feel we’re just getting started. I hope we’re constantly a brand to watch to see what it is we do next.”

Knix Founder & President Joanna Griffiths is Canada’s EY Entrepreneur Of The Year® 2022

She said she was very surprised with winning Canada’s EY Entrepreneur of the Year 2022 Award.

“I think when I look at the course of building Knix we’ve had a lot of terrific successes but I’ve also faced quite a lot of criticism along the way that it was too niche and that it was never going to be a big business. So it was extremely validating to win that award and that honour,” said Griffiths.

“I worked in media and entertainment before starting Knix. I worked at CBC, and the Toronto International Film Festival and Universal Music. In music, you have the Grammys, in film you’ve got the Oscars and in TV you have the Emmys. So I feel like getting to go to Monaco and compete for the global EY Entrepreneur of the Year Award is kind of my equivalent to those awards. It’s a big honour and really a testament to what it is we’re building at Knix as well.”

Upscale Women’s Retailer Andrews Relocated Yorkville Village Store to New Space [Interview]

Andrews at Yorkville Village (Image: Andrews)

Andrews, a Toronto-based family-owned upscale womenswear retailer, has opened its new location in Yorkville Village, replacing another storefront nearby in the mall that operated for several years.

Though the doors of Andrews were opened in 1990, the heritage of Andrews goes back much further. Starting in the 1940’s at Holt Renfrew, the family has a long history in fashion and retail in Canada. 

“Every dinner conversation, every car ride, every trip was completely immersed in fashion and retail – with a passion to serve the customer,” said Darren Mason, President of Andrews.

Andrews at Yorkville Village (Image: Andrews)

Its four locations now cover the Greater Toronto Area – Bayview Village to Yorkville Village to CF Sherway Gardens to Oakville with further afield clients who shop online from across Canada.  

“We’re continuously fine-tuning and tailoring the experience we offer to our clients – from every season’s curation of our fashion offering to mindfully considering what can be offered alongside in lifestyle, home, and artware; or how we can further elevate our client’s time with us in an experiential way – in-store or offline,” said Mason.

“With the new location at Yorkville Village, it is a revitalized return to that experience of a luxury shopping destination, once known as Hazelton Lanes, and the authenticity of Yorkville and what we have to offer with our latest curation of elevated casual and contemporary luxury fashion.

“Our company’s mission is ‘to inspire every woman’s personal style by encouraging creativity, individuality, and confidence.”

Andrews at Yorkville Village (Image: Andrews)

Mason said offline Andrews will be looking at exploring options to propagate successes from its concept store in Oakville to its other stores. 

“We want to stay with that experience of the individual, making time spent by clients with us more experiential and connecting them with expressions of beauty that resonate – in fashion or lifestyle,” he said.“Our clients are our compass. Online, we will soon be relaunching an improved website to offer customers a more dynamic and seamless online shopping experience.”

The newest store is on the upper level of Yorkville Village, beside the Hazelton Avenue entrance. A former location was located up the hall facing a central atrium.

Featuring the latest in modern luxury, the newly relocated store offers a highly curated collection of upscale fashion and accessories from around the world. 

The store is 4,000 square feet and features an abundance of natural light streams through large arched windows and Andrews said the vibe recaptures the charm of this upscale shopping destination, which was known as Hazelton Lanes and the authenticity of Yorkville.  

“We’re delighted with our new location in Yorkville Village,” said Mason. “The Yorkville neighbourhood has long been the epicentre for fashion and lifestyle retailers, we are very proud to have been a part of this dynamic community for more than 30 years. The store is uniquely situated amongst a bustling array of lifestyle retailers including art galleries, health and wellness studios, restaurants, and floral designers.”

Andrews at Yorkville Village (Image: Andrews)
Andrews at Yorkville Village (Image: Andrews)

The new Yorkville location is part of Andrews’ overall strategy to reinvigorate the brand for future growth. Last fall, the retailer opened its first lifestyle concept store in the heart of downtown Oakville. The standalone store features the latest in modern, curated apparel, alongside lifestyle, home, and vintage designer pieces from across the globe.  

The retailer describes its new Yorkville location like this:

“The store offers an experiential layout for customers to explore collections that speak to the distinct, yet overlapping personas of their individual lifestyles. Conceptualized from the Japandi style of interiors, the naturalistic environment is punctuated by modern fixtures which seamlessly complement the building’s arched statement windows,” it says.  

“Tailored to Yorkville, the store features elevated casual pairings of fashion favourites with contemporary looks from Eleventy, Fabiana Filippi, Frank and Eileen, and Max Mara.  Denim remains a staple with coveted brands such as AG Jeans, Citizens of Humanity, Frame, and Mother. New fashion-forward brands this season include Danish fashion-house, Munthe, NY eco-accessories darling, Naghedi, and LA-based celebrity favourite fashion brand, Rhode, all of which fuse together in this expertly curated environment.”

CrossIron Mills Near Calgary Sees Strong Leasing Activity with New Tenants Added [Interview]

CrossIron Mills (Image: Ivanhoe Cambridge)

Leasing activity has been incredibly active in the past year or so at the CrossIron Mills shopping centre just north of Calgary’s city limits, in Balzac.

The 1.2 million-square-foot mall, owned by Ivanhoé Cambridge and managed by JLL Canada, has very little available space currently and leasing demand continues to be quite strong.

James Moller, Vice President, Regional Manager, Alberta and Manitoba, for JLL, said in the past year or so the following retailers have taken up space at the shopping centre – Harry Rosen Outlet, Bailey Nelson, Lovisa (a jewelry brand), New Balance, Clarks Shoes, and Specsavers.

CrossIron Mills (Image: Ivanhoe Cambridge)
CrossIron Mills Site Plan (Image: JLL)

“Now we’re into 2023 and we’ve got strong interest in leasing space. Retailers after a couple of years of putting the brakes on opening stores, are looking to open and expand their businesses,” said Moller. “So it’s been really busy the last six or eight weeks, negotiating leases and trying to figure out how do we get some of these retailers open in 2023.

“Another retailer is taking possession of their space April 1. It’s called Uncle Tetsu. It’s a Japanese bakery and they’re going to open this summer.

“There’s about half a dozen or more deals in the pipeline that we’re just trying to finalize negotiations so we can get them open before the end of the year as well. It’s been very resilient the last 12 months.”

CrossIron Mills (Image: Ivanhoe Cambridge)

With the demise of Bed, Bath & Beyond, CrossIron Mills will be losing one of its anchor tenants but interest is high for that space already.

“They’re in their winding down phase. I would imagine we’ll get the store back in the next 30 to 60 days. We have very little vacancy. We have no vacancy in the anchor positions. This is a really good size unit (32,000 square feet), facing Highway 2 (Queen Elizabeth Highway) on the front side of the building. We have very strong interest in leasing the space. I have no trouble thinking that we will have a replacement announced probably before they actually even leave,” said Moller.

CrossIron Mills (Image: Ivanhoe Cambridge)
CrossIron Mills (Image: Ivanhoe Cambridge)

CrossIron Mills has about 220 stores and there is only one vacancy in the building.

“There’s a few leases that are expiring and a couple of the units we have what we call temporary tenants and they will make way for these new tenants coming in this year,” explained Moller.

Recently, in an interview with Retail Insider, Julie Bourgon, Head of Retail, Canada, with Ivanhoé Cambridge, said the company is exploring ways to densify some of its properties across Canada, joining a growing trend in the retail industry. She said property owners look at shopping centre assets differently today than they did a few years ago.

“On CrossIron specifically there is excess vacant land that Ivanhoe owns and it has been a topic of conversation and strategic planning with Ivanhoe about how best to maximize value,” said Moller. “Those conversations are going on and Julie’s comments are right in line with what we’ve been looking at and talking about. So nothing to announce but it is a strong possibility.”

RCC STORE 23 Conference Returns May 30 – 31 2023, in Toronto

What is “next” in retail is becoming “now” at stunning speed. How retailers can continue to adapt and thrive at a time of constant change and transformation will be the focus of this year’s RCC STORE 23 Conference, May 30-31 in Toronto.  

With an outstanding lineup of 75+ speakers, participants will learn the latest insights from Canada’s most influential retail leaders, world-renowned visionaries, and passionate entrepreneurs who will be encouraged to talk candidly about their challenges, how they are driving change, and about the future possibilities for retail.

RCC STORE 23 mainstage speakers include:

Jarvis Sam – Founder and CEO, Rainbow Disruption (previously led DEI at Nike Inc)

Doug Stephens – Founder, Retail Prophet

Michele Guimond – Vice President Marketing, Mountain Equipment Coop

Eric Morris – Managing Director and Head of Retail, Google Canada

David Shing Digital Prophet

Jan Kestle – President and Founder, Environics Analytics

Afdhel Aziz – Founder and Chief Purpose Officer, Conspiracy of Love

Kostya Polyakov – National Industry Leader for Consumer and Retail Practice, KPMG Canada

Tamara Szames – Executive Director, Industry Advisor, Canada Retail, The NPD Group

Andrew Grantham – Executive Director & Senior Economist, CIBC  

There will also be an exhibitor floor at RCC STORE 23, which will feature some of the most innovative business partners, from startups to leading established companies. These exhibitors will be available to demonstrate their cutting-edge technologies, strategies, and retail solutions.

“We’ve designed this year’s conference to not just inspire the over 2,000 participants but also ensure there are lots of opportunities for everyone to interact and learn from one another and really network,” said Michelle Ribout, Vice President, Education & Partnerships at Retail Council of Canada, and key organizer behind the RCC STORE 23 Conference. “Many retailers have adapted, or entirely reinvented their business models over the last few years; this is an outstanding event for everyone to hear about what is working and where the new opportunities will be going forward.”

More information can be found on the RCC STORE 23 website at storeconference.ca.

RCC STORE 23 will also host two gala awards shows and dinners. On the first evening, the Excellence in Retailing Awards Gala will recognize the best in retail innovation and creativity in 12 distinct retail categories. There will also be special awards of distinction given to prominent retail leaders in Canada that have led companies to remarkable business success, consistently demonstrating community commitment and support.

On the second evening, the Canadian Grand Prix New Product Awards Gala  will celebrate the best new products of 2022. The awards recognize excellence in food, non-food, and private label categories. Entrants represent national and regional brands as well as private label.

To buy tickets to RCC STORE 23 in Toronto, visit: https://storeconference.ca Take advantage the advanced rates by booking by April 17, 2023 and save $100.

*Retail Insider partnered with Retail Council of Canada for this announcement.

Birks Investing in Stores Including Relocating CF Chinook Centre Location in Calgary [Interview]

Maison Birks at CF Chinook Centre

Birks Group has relocated its Maison Birks store to a bigger location in CF Chinook Centre in Calgary and the retailer has undertaken significant renovations at its CF Carrefour Laval store which will be unveiled later this spring.

New design features at Chinook Centre include an expanded square footage and a Rolex Showroom.

Birks is a leading Canadian retailer and designer of fine jewellery, timepieces and gifts since 1879. The company operates 23 Maison Birks stores across Canada, including flagship locations in Calgary, Montreal, Toronto and Vancouver.

Jean-Christophe Bédos

Jean-Christophe Bédos, President and CEO, Birks Group, said the retailer was already present at Chinook with a store that was doing very well. But an opportunity arose to relocate to a bigger site and much better positioned in the shopping centre for pedestrian traffic.

“We are in the luxury aisle and we wanted to be more luxury because we have obtained the distribution of Rolex watches on the condition of course that we would be on or close to the luxury aisle,” said Bédos.

Maison Birks at CF Chinook Centre
Maison Birks at CF Chinook Centre

The 4,174-square-foot Maison Birks store, developed by Optima Design, incorporates rich, dark wood tones, high ceilings and innovative lighting. The new store also includes a 1,117-square-foot Rolex Showroom with a VIP area. Floor to ceiling windows showcase the store’s offerings which includes Balmain, Birks, Breitling, Cartier, Qeelin, TAG Heuer, Tudor and Wolf. Chaumet fine jewellery and Longines watches, will unveil shop-in-shops in early spring. 

Birks’ own brand of fine jewellery, engagement rings and wedding bands is featured in a 803-square-foot shop-in-shop which celebrates the brand’s heritage and commitment to Canadian nature and landscape by incorporating light, warm wood tones.

Birks renovated its Calgary store in The CORE in the downtown as well as the Brinkhaus store in Calgary in 2021.

“So for us, investment in Calgary is a significant strategic decision that we made to actually have a strong presence in Alberta, specifically Calgary, because we believe that’s a great market for us,” said Bédos.

“After 63 years in the Calgary market, the relocation and expansion of the Maison Birks CF Chinook Centre store is an exciting new chapter for Birks Group Inc. We are thrilled to welcome clients to the new Rolex Showroom and to continue to enhance the shopping experience for our Calgary customers.”

BIRKS – TD Core Calgary (Image: BIRKS)
BIRKS – TD Core Calgary (Image: BIRKS)

Bédos said CF Carrefour Laval, just north of Montreal, is also under renovation.

“We do believe in the future of luxury in our country,” he said.

“We strongly believe that the long term for our business is very positive in Canada.”

Bédos said the Carrefour location is scheduled to be completed in April. It will have a Breitling Showroom.

BIRKS – TD Core Calgary (Image: BIRKS)

He said Birks has additional stores it wants to renovate as well as some markets it wants to enter.

“There is a significant shift in the consumer behaviour for luxury goods. We are closing markets and we are opening new markets. We definitely see that the market is growing and it’s an evolution that we have our thumb on that post to really be present where the consumer spending is growing,” explained Bédos.

“For Canada what’s happening our observation is that the Canadian market’s becoming more and more urban in the spending. Four or five major hubs, clusters of luxury. The cities like Vancouver, Toronto and Montreal are clearly growing for the market. We see significant investments in retail from international brands.

“We see also Alberta with Calgary and Edmonton becoming strong and those areas see a significant arrival of new Canadians and new residents who come from countries where the luxury brands are present and they expect those brands to be present in the markets where they decide to become residents in Canada.”

BIRKS – Brinkhaus (Image: BIRKS

Bédos said in the past what had been missing in Canada was the international calibre of the retail experience especially in downtown areas and top quality shopping centres.

With the macroeconomic tension at the moment with inflation and higher interest rates, business is not easy.

“But when you provide an experience which is worth it, worth going out of home, worth transacting somewhere else than just on the mobile phone or your desktop, this is what (retail expert) Doug Stephens called what the store has to offer more than just the website,” said Bédos.

“The people go out and enjoy it. You see the transformation of downtown Toronto with Yorkville and Bloor. Yorkdale is a great example. We see also the great example in Vancouver and Vancouver is going to soon have a new Oakridge store which is going to be a significant value proposition for consumers. People will go there. When there is something interesting, they go and shop.”