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Bloor Street to Re-Emerge From Pandemic-Beaten Strip to Luxury and Big-Brand Thoroughfare: Brokers

By
Craig Patterson
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Bloor Street in Toronto (Image: Dustin Fuhs)

No level of optimism can negate the fact that Toronto’s Bloor Street West between Yonge Street and Avenue Road has a significant number of vacant storefronts. The current appearance is almost shocking when compared to just two years ago. Several brokers say that the temporary vacated status of the street will change as leases are signed by luxury and big-name brands. At the same time, several major redevelopments will transform part of the stretch once known as the ‘Mink Mile’ into something almost unrecognizable in years to come.

Numerous vacancies line the strip that spans not even 2,000 feet. At the Yonge Street end, jeweller Swarovski recently closed along with Talbots which both occupied 2 Bloor Street West for years. Next to it at the Holt Renfrew Centre at 50 Bloor Street West, we recently saw Zara exit the complex along with Fossil which shut a store earlier in the pandemic. 

On the same block at 60 Bloor, another retail space is for lease and has been vacant for several years after Holt Renfrew gave it up for a store reconfiguration. West of Bay Street are several vacancies as well including a former Banana Republic store at 80 Bloor, vacant commercial buildings at 83, 91, 95 and 95A to be discussed below, and the former Cole Haan space at 101 Bloor is currently lacking a tenant. At 100 Bloor Street West is the former Pottery Barn store that has been vacant since 2017 which is located next to a former Zegna luxury menswear store which quietly shut last year. 

Click image for interactive Google Map
The soon-to-close Hudson’s Bay store at 44 Bloor Street East. Photo: Dustin Fuhs
Future Apple flagship store at ‘The ONE’ at 1 Bloor Street West (corner of Yonge). Photo: Dustin Fuhs
Shuttered Zara and Fossil stores at 50 Bloor St. W. Photo: Dustin Fuhs

Moving further west again is the former Kit and Ace at 102 Bloor which has been empty for several months — much of neighbouring 110 Bloor appears to be vacant while The Colonnade at 131 has several vacancies at the moment including a large space that was recently vacated by German luxury brand Bogner. The iconic Club Monaco space at 157 Bloor has been empty since last year. 

While things might look grim, brokers are saying that deals are being done for new tenants along the stretch of Bloor Street once known as the ‘Mink Mile’. Back at the corner of Yonge and Bloor, a major brand is said to have leased a large space where Swarovski and Talbots were — a major redevelopment is at play that will see the corner upgraded and a new Cumberland Square project built behind that will involve demolishing most of Cumberland Terrace for new commercial space and thousands of residential units in towers above. And another major development is said to be in the works for the Hudson’s Bay Centre across the street after the Hudson’s Bay store closes and the City of Toronto begins work on a new subway interchange below. 

West along Bloor there will be several new retailers. An Apple flagship store was recently officially confirmed for the corner because of litigation with Mizrahi Developments which is building a mixed-use project that would house Apple, a hotel and hundreds of pricey condominium units in the tallest tower in Canada. 

Newly renovated Cartier flagship store at The Colonnade, 131 Bloor St. W. Photo: Dustin Fuhs
Shuttered Bogner store to the right and other retailers on Bloor St. W. Photo: Dustin Fuhs
Shuttered Kit and Ace at 102 Bloor St. W. Photo: Dustin Fuhs

Swarovski is said to have secured a new location on Bloor and we’ll discuss that more when details can be revealed. Further west along Bloor, several new retailers will be opening with some of the names to be revealed at future dates. That includes new tenants for the former Pottery Barn and Zegna spaces at 100 Bloor as well as a reasonably well-known luxury fashion brand that recently leased at 110 Bloor which will join future storefronts for Anne Fontaine and Paris Baguette. 

At 101 Bloor we recently reported that local jeweller Royal de Versailles had leased the former Cole Haan space for a new Rolex store — the corner location could set the tone for other jewellery brands to move onto the stretch which could include a major jeweller in the former Pottery Barn space. US-based women’s fashion brand Lafayette 148 is building a store in the former Intermix space at 130 Bloor and given the slow progress, it might open this fall. More news will soon be revealed about the former Club Monaco space as well. 

In several years, parts of Bloor Street West between Bay Street and Avenue Road will be unrecognizable. Several buildings will be demolished for new developments that will create new retail opportunities at the base of condominium units that will house thousands of new residents. 

1200 Bay Street tower proposal. Rendering via ProWinko Canada
1200 Bay Street tower proposal, retail base. Rendering via ProWinko Canada

The north side of Bloor Street between Bay Street and Bellair Street will be completely demolished for two new projects. The current 1200 Bay Street office complex which includes the 66-68 Bloor Street addresses is proposed to be redeveloped with a new 87-storey tower that would feature retail at its base and over 300 condominium units above. Currently a Hakim Optical store and a skincare pop-up occupy the Bloor-facing side of the building. 

Immediately next door is 80 Bloor Street West and the neighbouring Harry Rosen store at 82 Bloor, both of which have been approved for demolition to be replaced with a 72-storey office and condominium tower that will house over 1,300 residential units and retail at its base. The iconic Harry Rosen store at 82 Bloor will be demolished as a result. 

83-95 Bloor St. W. Tower proposal. Image via  Parallax Investment Corporation
83-95 Bloor St. W. Tower proposal, showing street-level retail. Image via  Parallax Investment Corporation
83, 85, 91, 93, 95 and 95A Bloor Street West (Image: Dustin Fuhs)

And the most recent major redevelopment announcement for the strip lies on the south side of Bloor, basically across from Harry Rosen. Arlin Markowitz of CBRE coordinated the sale of the commercial buildings including 83, 85, 91, 93, 95 and 95A Bloor Street West for a proposed mixed-use project that would include retail at the base and over 1,100 condominium units above. In an interview, Markowitz said that he had been working on the land sale for about three years and that the “stars aligned” after several long-term tenants exited the strip. Markowitz had leased much of the block and had a relationship with the building landlords that led to the eventual assembly of the 17,600 square foot site for redevelopment. 

Both the north and south side developments on Bloor create an opportunity for exceptional new retail space along the luxury stretch of the street that could become attractive to international tenants. It remains to be seen if Harry Rosen will return to the new development replacing its store or if it will open a new store nearby. 

Given the ambitious tower projects along Bloor, one may begin to question the future of other buildings between Bay Street and Avenue Road. The 20 storey 77 Bloor Street West office tower occupies a sizeable site and could eventually be demolished for a much taller tower with retail at its base. The same could be said for 101 Bloor Street West which is adjacent to the Windsor Arms Hotel and private residences which is considered to be one of the most prestigious addresses in the city. Given the remarkable concentration of wealth in the area, an opportunity for a very high-end residential building could be present at the corner — more recently, building proposals nearby have consisted primarily of small residential units. 

We’ll be announcing new tenants along Bloor Street in the weeks and months ahead as we continue to gather information and report on what’s happening in the area. 

Additional Photos from Bloor Street

Bloor Street West (Image: Dustin Fuhs)
Future Lafayette 148 on Bloor Street (Image: Dustin Fuhs)
110 Bloor Street West (Image: Dustin Fuhs)
Bloor Street West (Image: Dustin Fuhs)
Bloor Street West (Image: Dustin Fuhs)
Bloor Street West (Image: Dustin Fuhs)
Manulife Centre (Image: Dustin Fuhs)
The Former Zara on Bloor Street (Image: Dustin Fuhs)
Former Talbots and Swarovski at 2 Bloor (Image: Dustin Fuhs)
Yonge & Bloor (Image: Dustin Fuhs)

White Spot Launches New Concept Store for the Public to Test Menu Items: Interview

By
Mario Toneguzzi
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White Spot R&D Kitchen Concept at The Amazing Brentwood (Image: Stephanie Lee)

Restaurant chain White Spot is launching a new concept at The Amazing Brentwood development this spring, providing customers with new and innovative menu items directly from its Culinary Centre.

Warren Erhart, White Spot’s President, said the R+D Kitchen by White Spot concept is the next evolution of the brand’s legacy, honouring the past and embracing the future.

“We wanted to have a vehicle where we could actually experiment to try new items for White Spot,” he said. “The menu for R+D is about 50 per cent White Spot and 50 per cent new items. Giving us a chance to try new items and really push the envelope a little on White Spot’s evolution.”

White Spot, with headquarters in Vancouver, is Canada’s longest-running restaurant chain. Founded in 1928, when Nat Bailey launched Canada’s first drive-in restaurant at Granville and 67th, the 94-year-young chain serves more than 17 million customers annually at 128 White Spot and Triple O’s (their premium quick service restaurants) throughout B.C., Alberta, Ontario and Asia. 

White Spot R&D Kitchen Concept at The Amazing Brentwood (Image: Stephanie Lee)

The new menu will include purposeful items that were designed to be vegan or gluten-free as an example. 

“In this particular menu, you’ve got your White Spot favourites but there’s also some burgers we’ve created that are wagyu beef for instance with a brioche bun.”

Erhart said the R+D Kitchen will feature a full-service restaurant, lounge and bar — it’s not only the place to experience the latest food innovations but also a chance to see what’s being created by the bar team. 

“There’s also a lot of kitchen technology we’re experimenting with at this location,” he said. “Looking at unique kitchen equipment packages that could hopefully one day find their way into our White Spot restaurants. So it gives us a chance to experiment with technology as well.”

Erhart said the new dishes created by James Kennedy, Executive Chef and the Culinary Team, could be included on a White Spot core or promotional menu. Before making it onto the R+D menu, all new dishes will be fully vetted by White Spot’s internal tasting panels, he added.

White Spot R&D Kitchen Concept at The Amazing Brentwood (Image: Stephanie Lee)

“At R+D Kitchen we’ll be exploring even more flavours, curating unique recipes, and incorporating fresh, local ingredients into a widely-appealing menu,” said Kennedy. “I’m super excited about this new adventure.”

Erhart said the beverage menu will also feature a selection of local craft beer, local cider and B.C. wines.

The new restaurant was designed by Joy Roque, the brand’s Head of Design and Construction, and Erhart said it includes influences from  B.C.’s backyard indoors with warm wood, stone, and millwork design elements, as well as through its expansive windows. There’s also a Kitchen Window to The Amazing Brentwood’s food court to serve customers in that manner as well.

“People who are going to the food court can use the Kitchen Window space for food court offerings. It’s really multi-purpose,” said Erhart. 

Image: White Spot

The Amazing Brentwood, a co-venture by Shape Properties, Healthcare of Ontario Pension, and L Catterton Real Estate, is one of British Columbia’s largest master-planned, mixed-use developments.

Located in Burnaby’s Brentwood neighbourhood, it will feature world-class shops, restaurants, public plazas, entertainment, and 6,000+ new homes. 

“With its stunning indoor/outdoor public space and design, size and scale, connectivity, and diverse and compelling tenant mix, The Amazing Brentwood will be a one-of-a-kind urban gathering place that reflects the vibe of Metro Vancouver’s global community. The Amazing Brentwood’s phased opening begins now,” says the development’s website.

Canadian Consumers Changing Shopping Patterns Due to Inflation: Report

By
Mario Toneguzzi
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Summerhill Neighbourhood on Yonge Street (Image: Dustin Fuhs)

A new report by Salesforce, a global leader in Customer Relationship Management, indicates increasing inflationary pressures are impacting the shopping behaviour of Canadian consumers. 

Rob Garf

“Challenges that consumers experienced this holiday, including inflation and low inventory, haven’t dissipated in the new year,” said Rob Garf, VP and GM of Retail, Salesforce. “While digital commerce continues to prevail, it’s clear that inflation is having an impact on overall consumer spending. With these persistent headwinds, retailers must remove friction and enhance experiences by knitting together offline and online shopping.”

The company’s February Shopping Index Report, which analyzed data from over a billion shoppers globally, found that as inflation drove higher prices Canadian retailers experienced a dramatic drop in online revenue by 21 per cent year over year. Globally, retailers experienced only a five per cent decrease.

The report said prices for consumers in Canada rose 10.4 per cent year over year in February while global prices rose 4.4 per cent.

Garf said consumers took a break in some categories.

Harry Rosen on Bloor (Image: Dustin Fuhs)

“Inflation will be and has already been one of the key story lines of retail in general and digital specifically,” he said. “Consumers are paying more for a product which means they are shopping at fewer brands and retailers and they’re buying fewer items at brands and retailers because of the increases of prices due to inflation.”

In this environment, retailers are trying to find new and creative ways to attract new customers. They’re reaching out to new digital destinations, social media, messaging platforms, gaming consoles. 

“They’re finding new ways to retain loyal shoppers and a significant mechanism for that is the revitalization of loyalty programs – a way for retailers to better understand who the consumers are because they’re knowingly providing information about themselves with the caveat that they’re going to get value in exchange,” said Garf.

“Survey after survey after survey, the number one value of course is price and convenience but creeping up on the list continually but only accelerating in the last 12 months is things like access to product or special promotions and offers to them, a more personalized general connection.”

Royal Canin Supply Chain Notice at Pet Valu (Image: Dustin Fuhs)

The Salesforce report said inventory in February shrank by 22 per cent in Canada and five per cent globally as retailers and consumers continued to grapple with supply chain issues and rising costs brought on by inflation.

Product categories with the highest price growth globally in February include: Home, Furniture (21.8 per cent); Home, Appliances (17.9 per cent); and Home, Dining, Art & Decor (11 per cent).

Product categories with the least price growth globally in February include:

Active Footwear (1.3 per cent); General Footwear (0.8 per cent); and Electronics and Accessories (0.5 per cent).

Returns and Exchanges at Canadian Tire (Image: Dustin Fuhs)

“There’s something to be said about discount retailers, off-price retailers. Let’s not forget there was still a lot of product in Q4 and this Q1 that was stuck off the shore and waiting to be put into the inbound supply chain. Some of that stuff was so seasonal, it has to go. There’s only so many things you can do with it. Sell it at a steep discount, put it through a liquidation channel, save it for the next year,” said Garf.

“A lot of retailers’ motion is to ship it off to an off-price retailer for pennies on the dollar. So those categories will do really well.

“I also think the resale market is ripe for a surge. Part of it is sustainability and not trying to fill up landfills. Part of it is, the clothes that we bought we might not need but there are more platforms that allow us to find buyers for it at discount rates.”

Canadian Retail News From Around The Web For March 28th, 2022

By
Retail Insider
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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 three days.

Canadian Retail News From Around The Web For March 25th, 2022

By
Retail Insider
-
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.

Danish Fashion Brand GANNI Entering Canadian Market with 1st Standalone Store Location in Toronto

By
Craig Patterson
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Photo: Ganni

Copenhagen-based women’s fashion brand Ganni is expanding into the Canadian market this year with its first store set to open at Toronto’s Yorkdale Shopping Centre. More locations are expected in major markets after the brand established itself before the pandemic in retailers including Hudson’s Bay and Holt Renfrew. 

The Yorkdale Ganni location will be in a newly-formed ‘luxury wing’ made possibly when Louis Vuitton opened a large store in October of 2020. Thom Browne, Golden Goose and others have since opened nearby.  

Ganni was founded in the year 2000 by Copenhagen gallery owner Frans Truelsen. Husband-wife duo Ditte and Nicolaj Reffstrup now own nearly half of the company and lead the brand’s creative direction. Ganni’s website says that the brand is intended to “fill a gap in the advanced contemporary market for effortless, easy-to-wear pieces that women instinctively reach for day in, day out.” Pieces are meant to mix-and-match, including feminine pieces paired with denim and sneakers.

Prices for Ganni fashions are in the ‘contemporary’ price-point for its ready-to-wear, bags, accessories, and footwear. 

Photo credit: Ganni

LVMH-affiliated private equity firm L Catterton acquired 51% of Ganni in 2017 and the brand has been growing rapidly since. Ganni launched its first stores in the United States in the fall of 2019 in New York City and Los Angeles and more have since opened.

Ganni is working with Jeff Berkowitz of Aurora Realty Consultants. Ganni is seeking retail spaces in the 1,000 to 1,500 square foot range for stores in major Canadian markets, with a focus on street-front spaces as well as within enclosed shopping centres.

Ganni’s direct-to-consumer expansion in Canada is on trend as brands are increasingly seeking to open standalone stores. Being a retailer means that Ganni is able to control store design, merchandising and staffing, while interacting directly with its consumer base through social media channels while also gaining access to data. Pastel-coloured walls, globe-like light fixtures and tile flooring characterizes Ganni stores which appear casual and feminine in design.

Jollibee President Discusses Canadian Store Expansion: Interview

By
Mario Toneguzzi
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Vancouverites finally get to say, “It’s Our Turn!”, as global food chain, Jollibee, opens first restaurant in the city on February 25, 2022. (Photo credit: Jollibee)

International fast-food brand, Jollibee, famous for its ‘Jolly Crispy Chicken’ fried chicken, continues to expand its footprint in the Canadian market.

Recently, it opened a new location in Edmonton, its fourth in the city and seventh in Alberta, as well as launching the brand in its first BC location in Vancouver.

Maribeth Dela Cruz

Maribeth Dela Cruz, President for Jollibee in North America, said the brand now has 24 locations in Canada with more to come. The brand has 80 stores in North America.

“We have an overarching goal of eventually getting to 500 stores in North America by 2028 and Canada is going to be a big part of that expansion for our North American growth,” she said.

“We see a lot of potential for Canada. We’re very excited with the kind of reception that we have been getting as we open more stores across the country.”

The Vancouver location is on Granville Street, in the heart of the city’s downtown. The Edmonton location is at The Grove on 17 retail complex in southeast Edmonton.

Jollibee in Winnipeg (Image: Jollibee)

The first Canadian Jollibee was established in 2016 in Winnipeg. The brand is in five provinces – Ontario, Manitoba, Saskatchewan, Alberta and BC.

Dela Cruz said the strategy to reach 500 locations in North America is a “big goal for us to achieve in the next seven years.”

She said the Canadian market is appealing because of its diversity.

“It’s really reaching out to more consumers. We know that taste is universal and has no boundaries. It actually cuts across ethnicity and even different cultures. Canada I think is really a great place to be at because of the diversity of the country,” added Dela Cruz. “We’ve had very successful openings across the country which shows the readiness of the market to welcome new tastes and new food experiences. 

The line of fans extended across three blocks excitedly waiting to be among the first to visit Jollibee’s first location on new Granville Street store in Downtown Vancouver, which officially opened its doors on Friday, February 25. (Photo credit: Jollibee)

“Jollibee talks about spreading the joy of eating and we’d like to be part of spreading the joy of eating to Canadians.”

Jollibee opened its first Edmonton location in 2019 at 3803 Calgary Trail NW. The brand then opened two more locations in the city, including: Jollibee-West Edmonton (17136 90th Avenue, Edmonton), and Jollibee-Edmonton Kingsway Mall (1 Kingsway Garden Mall Northwest).

“We’ve seen an amazing response to our three existing locations in the city of Edmonton and we have been long awaiting to expand our footprint in Alberta,” said Dela Cruz.

The newest Edmonton location is at 881 Tamarack Way NW.

The brand calls its Jolly Crispy Chicken the “holy grail menu item” – 

“bone-in fried chicken that is audibly crispy on the outside while remaining juicy and tender on the inside every single time. We suggest dipping every bite in a side of Jollibee’s silky, savory gravy.”

Jollibee has more than 1,500 restaurants established worldwide.

Jollibee Foods Corporation (JFC, also known as Jollibee Group) is one of the fastest-growing restaurant companies in the world. It operates in 34 countries, with over 5,800 stores globally with branches in the Philippines, United States, Canada, the People’s Republic of China, United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, Japan, and India.

First-of- its kind Jollibee mobile kitchen rolls out in Ontario, Canada. The Jollibee mobile kitchen measures 15 meters long and was developed in collaboration with DoorDash, an online food ordering platform.

Jollibee Group has eight wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger); six franchised brands (Burger King, Panda Express, PHO24, and Yoshinoya in the Philippines; Dunkin’ and Tim Ho Wan in certain territories in China); 80 per cent ownership of The Coffee Bean and Tea Leaf; and 60 per cent ownership in the SuperFoods Group that owns Highlands Coffee and PHO24.

Jollibee Group, through its subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) owns 90 per cent participating interest in Titan Dining LP, a private equity fund that ultimately owns the Tim Ho Wan brand. It also has a joint venture with the THW Group to open and operate THW restaurants in Mainland China. Jollibee Group also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States. Recently, the Jollibee Group announced that it will acquire 51 per cent ownership of Milksha, a popular Taiwanese bubble tea brand.

Jollibee Group was named the Philippines’ most admired company by the Asian Wall Street Journal for 10 years. It was also honored as one of Asia’s Fab 50 Companies and among the World’s Best Employers and World’s Top Female-Friendly Companies by Forbes. In 2020, Gallup awarded the Jollibee Group with the Exceptional Workplace Award, making it the first Philippine-based company to receive the distinction.

Mixed Trends in Canadian Retail Sales in Spring 2022: Strapagiel

By
Ed Strapagiel
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How good or how bad things are in Canadian retail depends on what you’re selling. At the total level, sales were up 8.5% year-over-year for the 3 months ending January 2022, a significant improvement over pre-pandemic growth trends. But this result is an overall average which doesn’t well describe any one retail sector or store type.

Another matter is that total Canadian retail sales are being shored up by unusually high gains in the Automotive & Related sector, mostly thanks to rapidly increasing gas prices. For Store Retail (Food & Drug plus Store Merchandise, excluding Automotive), the picture is more subdued.

In this case, sales were up a more modest 5.6% for the 3 months ending January 2022, and the underlying 12 month trend (green line in the chart) has been softening for about the last 9 months.

Food & Drug

The Food & Drug sector spent most of last year suffering from slowing sales growth, and this trend appears to be continuing. For the 3 months ending January 2022, retail sales were actually down 1.1% year-over-year. The underlying 12 month growth trend barely kept its head above water with a gain of just 0.3%.

Grocery stores are the largest subgroup in this sector, and their last 3 months retail sales declined 2.4% year-over-year in January 2022 despite high food price inflation. Convenience stores however suffered the most, with sales down 10.5% during the period.

Health & personal care stores had put up some good numbers in 2021, but now the bloom seems to be off this rose too. Their retail sales were up just 0.5% for the 3 months ending January 2022.

Store Merchandise

In sharp contrast to Food & Drug, the Store Merchandise sector appears to be doing quite well. Retail sales were up 11.4% year-over-year for the 3 months ending January 2022. The underlying 12 month trend gained 14.1%, a 5-year record high. Of course, much of this may be a rebound from the year before when sales were depressed by COVID.

A number of store types in this sector are enjoying significant sales increases. Clothing & clothing accessories stores’ retail sales were up a scorching 33.4% for the 3 months ending January 2022, while general merchandise stores gained 12.5%. Only electronics & appliance stores had a decline, with sales down 4.5% during the period.

Automotive & Related

The Automotive & Related sector had the highest year-over-year retail sales gain for the 3 months ending January 2022 at 15.2%. This was as a result of a strong gain in vehicle sales coupled with a huge increase in gasoline station sales.

New car dealers’ sales gained 8.5% during the period, an improvement over recent performance. There are supply issues so it’s difficult to know how long this will last. The big winner in vehicles however is used car dealers, whose sales increased by 16.4% for the 3 months ending January 2022.

Gasoline station sales have been rapidly increasing since the spring of 2021, usually by moderately high double-digits. Their sales were up 34.7% year-over-year for the 3 months ending January 2022. This is due to the runaway price of gas, as anyone filling their tank recently may have noticed.

By The Numbers

Note that the data and analysis in this report are always based on not seasonally adjusted (or unadjusted) retail sales statistics.

For definitions of store types, see Statistics Canada NAICS.

Canadian E-Commerce Sales

Canadian e-commerce retail sales made huge gains during the height of the COVID epidemic. Many consumers went online and stayed away from stores (and each other). This has now stalled with recent sales gain hovering around the 0% mark. For the 3 months ending January 2022, sales actually declined 7.3%.

Overall, e-commerce represented about 6.2% of retail sales over the past 12 months, according to Statistics Canada, including both pure plays as well as bricks & clicks stores. Note that Canadian consumers may also buy online from foreign websites which is not captured in these numbers.

Location based retail is the same as that in the preceding “By The Numbers” table. It’s what’s normally reported as Canadian retail sales. Except that it isn’t. Location based retail excludes another section called Non-Store Retailers (NAICS code 454), which includes electronic shopping and mail-order houses, which in turn is where (mostly) pure play e-commerce businesses are. For the 12 months ending anuary 2022, electronic shopping and mail-order houses had an estimated $26.8 billion in e-commerce sales.

But that’s not the only source of e-commerce, as (mostly) bricks & mortar location-based retailers also sell online. This group had an estimated $16.7 billion in e-commerce sales during the period. With electronic shopping and mail-order houses, there’s a grand total of $43.5 billion in e-commerce sales by Canadian operators. Note that this does not include foreign e-commerce purchases made by Canadian consumers, but it does include e-commerce purchases made by foreigners at Canadian operations.

For electronic shopping and mail-order houses, an estimated 96.0% of their sales are currently allocated to e-commerce. For (mostly) bricks & mortar retailers, it can be estimated that 2.5% of their total sales are attributable to e-commerce.

In the final section of the above table, (mostly) pure play operators (namely, under electronic shopping and mail-order houses) generated an estimated 61.6% of all e-commerce sales in Canada, while (mostly) bricks & mortar location-based retailers’ share of e-commerce was 38.4%.

For more explanation on the e-commerce numbers, see Statistics Canada: Retail E-commerce in Canada.

Monthly Update Notification

This analysis is updated monthly as new numbers are published by Statistics Canada. If you would like notification from Linkedin of when an update becomes available (and you’ve read this far), please connect with Ed Strapagiel on LinkedIn.

Canadian Retail News From Around The Web For March 24th, 2022

By
Retail Insider
-
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.

Melissa Newton, Chair of Consumer Real Estate Canada, Discusses COVID’s Impact 2 Years In: Video Interview

By
Mario Toneguzzi
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Melissa Newton, Chair of Consumer Real Estate Canada, Discusses COVID's Impact 2 Years In: Video Interview

Melissa Newton, Chair, Consumer Real Estate Canada, discusses how the retail sector has displayed resilience even in these tough economic times. That includes fewer businesses shutting down than expected, fewer physical retail vacancies and robust consumer spending predicted as we head into the spring.

Newton also discusses the founding of Consumer Real Estate Canada which came about as a communications source in early 2020.

Youtube video

The Video Interview Series by Retail Insider is available on YouTube.

Connect with Mario Toneguzzi, a veteran of the media industry for more than 40 years and named in 2021 a Top Ten Business Journalist in the world and the only Canadian – to learn how you can tell your story, share your message and amplify it to a wide audience. He is Senior National Business Journalist with Retail Insider and owner of Mario Toneguzzi Communications Inc. and can be reached at mdtoneguzzi@gmail.com

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