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Canadian Retail News From Around The Web For September 7th, 2021

Canadian Retail News From Around The Web

Top Stories: National

Central/Eastern Canada News

Western Canada News

Cadillac Fairview Unveils 130,000 Square Foot CF Marché des Promenades Food Hall Near Montreal [Interviews/Photos]

CF Le Marché des Promenades
CF Le Marché des Promenades (Image: GH+A Design)

Cadillac Fairview has unveiled CF Marché des Promenades – what it calls a new gastronomic destination at CF Promenades St-Bruno in Montreal.

The shopping centre owner said its $70 million investment in the project has created a unique and vibrant gourmet culinary destination, where friends and families can reconnect and rediscover the pleasures of sharing a meal and conversation, as well as the best produits du terroir that the Montérégie and greater province has to offer.

With more than 40 artisans, food producers and restaurateurs in the 130,000-square-foot setting, the new CF Marché des Promenades is part of an innovative approach that delivers diversity of food and experiences, reigniting a passion for dining out while exploring CF’s best-in-class retail offering. In addition to the 35,000 square foot Avril Supermarché Santé, the Marché enables guests to explore eight diverse restaurants and a range of locally produced offerings.

CF Le Marché des Promenades (Image: GH+A Design)

The Marché includes an outdoor plaza, demo kitchen and an indoor entertainment area that will be used for different programs and activities year-round with something new for guests to experience and discover with every visit.

Brian Salpeter

Brian Salpeter, Senior Vice President, Development of Cadillac Fairview, said the focus, like many other CF projects, was to create a destination for people.

“We asked ourselves what is going to make this site unique? What is going to make the property a true destination? How can we mix things up? How can we bring people and how can we create vibrancy at the property? So this is something we’ve been working on for a number of years. Everybody loves to talk about food and how great it is and how important it is but not always so easy to pull off and not easy to have a great vision in terms of what you want to do,” said Salpeter.

“There’s some great examples out there and some less good examples out there. We wanted to make sure that we really want something which was going to be authentic and genuine to the market. Unique as well and different. So this is something we’ve been working on for years. Certainly pre-pandemic. The idea was in St-Bruno, the South Shore, which is what we like to call the bread basket of Quebec in terms of a love of food where there is a tremendous number of food producers to really create one destination that speaks to all of that . . . We wanted to create a place where people would come and create memories. In order to do that it had to be much more than food. Food and entertainment. A place where you would have activation and event spaces and gathering spaces. And places where you can bring in different events throughout the year.”

CF Le Marché des Promenades
CF Le Marché des Promenades (Image: GH+A Design)

Salpeter said the shopping centre now becomes a morning to night destination.

“It’s unlike anything anybody has done across Canada. I would say that this puts it among one of the top food destinations that I’ve seen anywhere travelling,” he said.

“Obviously different than what we’ve done at CF but very much focused on looking at the opportunities we have with our retail centre and as we’re looking at our next steps, also looking at mixed use and we can densify and bringing in residential and bringing in office and bringing all these elements together. This becomes an incredible anchor and destination for all that.”

The following are the food partners in CF Marché des Promenades:

  • Avril Supermarché Santé
  • Saint-Houblon
  • 400 pieds de champignon
  • Beignes d’Antan
  • Brȗleries FARO
  • Canard Goulu
  • Edward Smoked Meat
  • Érablement bon
  • Fromagerie Boivin
  • La Galerie Des Viandes
  • Gaspésie
  • Jardins d’Émilie
  • Küto comptoir à tartares
  • Kolkata Express
  • La Bȇtise
  • La Pantry par Dany Bolduc
  • LApop
  • La tomaterie
  • Le Spot poissonnerie
  • Le Spot bistro
  • Le Local Dumpling
  • Les CocoNuts
  • Les Cochons tout ronds
  • Les Moulins La Fayette
  • Mercato Da Niccolò
  • Maison Alegria
  • Marché d’Émilie
  • Matcha Zanmai
  • Nature Zen
  • Pépin pressé
  • Praline & cie
  • Quai des glaces
  • Santito
  • SAQ
  • Signé Local
  • Sojami
  • Sous les oliviers
  • Treize Chocolats
  • Théophile Bar à vin
  • TOMMY café
  • Vin & passion
  • Vertuose
Leonard Givis
Leonard Givis

Leonard Givis, Project Director, GH+A Design, said Cadillac Fairview started entertaining the idea of bringing a market hall onto the property back in 2012. The idea returned in 2016 with the demise of Target stores in Canada.

“It also opened up an opportunity for Cadillac Fairview to repurpose that existing part of the property to bring the market in there. There were many different variations of what that could be and of course it is always looking at a balance of having some anchor in there, making it primarily food, bringing in a bit of a restaurant row component. Food and beverage. And also it being a showcase for the local foods and products and artisans within the region – bringing them all under one roof,” said Givis.

Jean-François Plante is CF’s new chef ambassador for CF Marché des Promenades. Plante, who has 35 years of experience, will offer onsite workshops and many other inspiring and complimentary activities throughout the year. He’s authored more than 10 popular cookbooks and Plante will be integrating local gourmet products from the market into ideas and tips for all levels of cooking enthusiasts.

Jean-François Plante
Jean-François Plante

“In a year like no other, where we feel disconnected from one another, food has the ability to unite and bring people together. The CF Marché des Promenades exemplifies a true gourmet destination where people can not only shop for food and groceries, but also reconnect and spend time together,” said Plante.

CF Promenades St-Bruno opened in 1978 and in the past six years CF has invested $178 million into the transformation of the centre, starting with $49 million in 2015 to renovate all common areas and a major modernization of its Dining Hall. CF invested $35 million was to transform the former Sears store, and introduce a new concept 53,700 square foot Sports Experts / Atmosphere, as well as a new 43,500 square foot WINNERS. CF also expanded La Maison Simons to create a two-storey flagship store.

Most recently, CF Promenades St-Bruno welcomed Tesla and its full scale retail concept to the centre.

Gap-Owned Athleta Enters Canada with Expansion Plans: Interview with GM Jenelle Sheridan

Athleta construction signage at Park Royal Shopping Centre (July 2021)
Athleta construction signage at Park Royal Shopping Centre (July 2021). Photo: Lee Rivett.

Retailer Athleta is expanding its presence in Canada by launching its ecommerce business and opening its first two Canadian-operated stores this fall.

Athleta, a performance lifestyle brand with a mission of empowering a community of active women and girls and part of the San Francisco-based Gap family of lifestyle brands, will open at Park Royal Shopping Centre in West Vancouver and Yorkdale Shopping Centre in Toronto.

Jenelle Sheridan

“Canadian customers are already engaged with our brand and there is demand for performance lifestyle product. Gap Inc. brands have been in Canada for over 30 years and recently Old Navy celebrated 20 years in Canada.  Being part of a portfolio allows us to leverage our sister brands’  existing infrastructure and platforms, which makes it easier and more cost efficient to launch, rather than starting from scratch,” said Jenelle Sheridan, VP and GM Athleta Canada.

“We will also be able to leverage customers across brands and tap into loyalty opportunities. We have an established and engaged customer base already in existence.  And we can leverage our existing Canada distribution centre in Brampton, Ontario.

“We know women in Canada are wearing active apparel – she’s hiking, swimming, and she wants a brand that has versatile product. The active apparel category continues to grow. Our brand values resonate with the Canadian market and align with their active outdoor lifestyle.   We believe our versatile, on-trend performance lifestyle product and our focus on wellness, sustainability and inclusivity resonates across cultures and geographies into the Canada market.  We are confident this decision will drive significant benefit to Gap Inc. in the next 10 years and help deliver on our Power Plan 2023 by attracting new customers and enduring relationships.”

Athleta
Image: Athleta (Gap Inc.)

Athleta was founded in 1998 as a catalog brand with a vision to provide products designed to meet the unique needs of athletic women. In 2011, it opened its first store in Mill Valley, California and in 2016, it launched Athleta Girl and its Power of She campaign. The Power of She campaign was aimed at creating a community of women and girls fueled by the core belief that alone they are strong, but united they thrive. In 2018, it became a B Corp reflecting its efforts to use business as a force for good.

Today, it has over 200 stores across the US.

Sheridan said the retailer is excited about arriving in Canada, “which is an important milestone in our brand’s history.”

“Athleta creates premium performance-lifestyle apparel designed by women, for women and aims to ignite a community of active, healthy and confident women and girls who empower each other to reach their limitless potential,” she said.

“Athleta is a female led, values and purpose-driven brand and that is the key differentiator from other retailers. This is seen in the breadth of inclusive sizing from XXS-3XL, versatile range of product, and being a women and girls only brand. Athleta is proud to be recognized for putting people and planet right up there with profit and became a certified B Corp in 2018.  Today, over 70 per cent of Athleta product is made from sustainable materials. We believe Athleta’s clear points of differentiation from the competition will be well received by Canadian customers.”

Future Athleta location at the Yorkdale Shopping Centre in Toronto, August 2021. Photo: Craig Patterson

She said the company will open its first store in Canada at Park Royal in West Vancouver at the end of September followed by Toronto’s Yorkdale Shopping Centre opening in November.

“Our stores are in exciting and premier shopping destinations and will be fully engaging expressions of our brand in their local communities,” she said.

“We’re committed to growing our Canadian business and are continuing to explore additional locations in the country and hope to share more news on our additional brick-and-mortar plans soon. We’re excited to launch ecommerce and then open our Vancouver store in September followed by Toronto in November.”

Athleta first announced its expansion into Canada in April as part of its growth plan to reach $2 billion in net sales by 2023.

Athleta
Image: Athleta
Mary Beth Laughton

“As part of our strategic growth plan to double net sales by 2023, Athleta is committed to investing in new access points to reach new customers, and our entry into Canada marks our first company operated model outside the U.S.,” said Mary Beth Laughton, President and CEO, Athleta, in a statement.

The company said ecommerce in Canada has been fast growing over the last two years and the COVID pandemic has further accelerated the channel’s growth. The women’s activewear category has grown 18 per cent versus the overall market decline of 1.8 per cent and the total women’s online market grew 29.5 per cent with women’s activewear online sales growth 46.7 per cent, reinforcing Athleta’s digital-first market entry strategy, it said.

Besides Athleta, the Gap umbrella includes the following brands – Old Navy, Gap, and Banana Republic.

Fiscal year 2020 net sales were $13.8 billion.

Last Minute Government COVID Mandates Putting Retailers in Canada in an Even Tougher Spot

Signage in The PATH - Photo by Dustin Fuhs

By Kyle Hall, CEO of INEO

Last New Year’s Eve, all liquor sales across British Columbia were shut down at 8 p.m. by a public-health order aimed at preventing the spread of COVID-19. Good intentions notwithstanding, the province waited until December 30 to issue the order, which gave restaurants, bars, and liquor stores less than 24 hours to make necessary adjustments. One of the unintended consequences was that retailers saw customers arrive earlier in the day and in greater numbers than usual as consumers rushed to make their liquor purchases before the cut-off time.

This could have been avoided if the provincial government had given businesses adequate notice of the impending order instead of springing it on them at the eleventh hour. If the provincial health authorities learned anything from this, though, the lesson seems to have been forgotten. The government recently reinstated mask mandates in all indoor public spaces—once again with less than a day’s notice given to the retailers who would ultimately be responsible for enforcing the mandate.

To complicate matters further, the mask announcement came immediately on the heels of the news that, starting in mid-September, B.C. would be rolling out a vaccine-passport program that would affect restaurants, fitness centres, and a number of other businesses. Adding the complexity of enforcing a mask mandate onto businesses when they had just started to think about how they were going to enforce the vaccine mandate has caused widespread anxiety in the retail industry.

Adherence to new rules takes time

The manner in which the government has announced its mandates has been fundamentally flawed. The vast majority of retailers are generally in favour of measures designed to mitigate the spread of the coronavirus, even when those same measures affect their livelihoods. New restrictions are understandable—even to be expected—as COVID-19 cases trend upwards again. However, businesses need more than 24 hours’ notice in order to come up to speed with these broad shifts in policy.

Store owners and managers need time to properly brief staff on protocols, and to gather and implement any additional resources they might require in order to adhere to new rules. A good example of this is proper signage at the front of the store to inform customers of mask requirements. When the rules change with little advance notice, putting up signage that contains up-to-date government messaging can be an extra challenge for retailers.

An increase in retailer anxiety

Most customers are aware of the ever-shifting rules, understand the rationale behind them, and are compliant with them. Occasionally, however, someone will react poorly, even aggressively, to being told they are unable to enter a store because of mask mandates. Retail employees generally have little to no training on how to handle customers who become belligerent or hostile, and this can increase anxiety among frontline staff.

Given adequate time to prepare for new mandates, retailers can prepare employees to defuse these potentially confrontational situations by arming them with the necessary messaging and a clear plan for what to do if a customer refuses to adhere to the restrictions. This is also where having proper and up-to-date signage can create a buffer between employees and irritable customers. When customers can clearly see the rules upon entering the premises, that can take some of the burden of enforcement away from employees.

Government has a duty to businesses 

The pandemic has been tough on businesses of all sizes, but—faced with lockdowns and reduced capacity—small businesses in particular have been left feeling abandoned and unsupported. It doesn’t help that these restrictions are mandated with no advance warning and little indication of what’s coming next.

The government has a duty to provide updates with sufficient notice, and to give businesses clear messages so they can quickly adapt to changing regulations. Public health departments can help alleviate much of the stress on retailers by providing them with such resources as easily reproducible, public-facing signs and graphics to provide clear guidelines for their customers. With mask mandates having flip-flopped multiple times during the past six months,  officials also have a clear responsibility to advise business owners on appropriate enforcement of restrictions.

Public safety is of the utmost importance, especially during a health crisis that seems to be constantly changing and evolving. By continually rolling out new mandates with little to no prior communication, the government is only making things tougher on retailers and the workers who are on the frontlines of this pandemic. To ensure the successful adoption of COVID protocols, and to protect retail employees from needless harassment, governments need to work with the retail industry.

After a year and a half of dealing with uncertainty, last-minute regulatory changes add an extra layer of unnecessary difficulty to the challenge of keeping a business afloat during a global pandemic. That difficulty could be avoided if public officials would provide retailers with clear signage, go-to messaging, and more than 24 hours of notice to adjust to the latest version of the new normal.

Kyle Hall

Kyle Hall is the CEO of INEO, a retail technology and digital advertising company that services businesses throughout British Columbia.

Five Key Emerging Retail Trends to Watch in 2022 and Beyond  

In the wake of the pandemic, and in a retail environment that has experienced profound upheavals, retailers are emerging stronger than ever by embracing new opportunities. Here are some of the most important emerging trends in retail to watch for and which will be explored at Retail Council of Canada’s STORE Conference, that will take place next week, September 13-16, 2021.

Customers value inclusivity and sustainability

To be seen as valuing employees and being sustainable, it’s not enough for retailers to put an “our people are our top priority” or “we’re green” label on their websites. Consumers are increasingly concerned about social justice and climate change, and they’re willing to change their loyalties to brands that are more in sync with their values. They want to see retailers take meaningful steps such as protecting mental health, hiring diverse employees, carbon labelling, comprehensive recycling, sourcing products ethically and fairly.   

In the opening session for RCC STORE 21, Walmart’s EVP, People & Corporate Affairs, Nabeela Ixtabalan, will discuss how one of the largest retail employers is adapting to the new normal and the future of work.  She will also be speaking with Arianna Huffington, Founder & CEO, Thrive Global and Chester Elton, author, speaker, organizational culture and employee engagement and leadership expert about the importance of mental health and wellbeing in companies of all sizes.

In the session A better world starts at home, Michael Ward, CEO and Chief Sustainability Officer at IKEA Canada, will talk about how the furniture giant is transforming to become more accountable and transparent while also offering furniture that is both more sustainable and more affordable. 

Adding value in the supply chain

Retailers depend on supply chains, and technology offers several ways to add greater value. While some innovations still seem futuristic, like using drones or autonomous robots for last-mile delivery, automation is clearly here to stay: Sobeys uses automated warehouse processes to power their successful Voilà delivery service.

In addition to using automation to streamline the way goods are handled, retailers can also use process automation to make smarter decisions and deliver greater value. Using the Internet of Things and RFID devices for product tracking and tracing gives retailers access to real-time data, for example, and combining this with tools for predictive analytics enables a more thorough understanding of KPIs. Automating documentation can also lower costs at every stage of the supply chain. 

At RCC STORE 21, John Thorbeck, Chairman of Chainge Capital, will talk about why supply chain models in the fashion industry are outdated, and how process innovation can accelerate sustainability.

Omnichannel transforms every stage of the retail experience

Omnichannel isn’t new – even before the pandemic, consumer behavior was shifting towards ecommerce. But when stores were forced to limit in-person shopping, online ordering and curbside pickup became a lifeline for consumers needing essential goods, and for the first time, omnichannel played a meaningful role in verticals such as grocery and home improvement.

Paul Martin, Chairman of the Global Retail Group and Head of Retail at KPMG UK, in his session at RCC STORE 21 Future of Retail: How to compete and win in a post-COVID world, will talk about how COVID-19 accelerated trends in retail and how the links between stores and their ability to sell products and services are unravelling. 

Why is it so important for retailers to build their omnichannel abilities? Omnichannel lets retailers meet consumer needs along every possible channel – in-store, online, or a mix of the two. Research shows a strong link between opening physical stores and increased traffic to online stores. In addition, as shoppers embrace shopping on social platforms such as Facebook and Instagram, retailers can use omnichannel to reach new markets.

In the session China’s New Retail, marketing expert and best-selling author Ashley Dudarenok will discuss the ways that China’s tech giants are using social media to transform commerce, not just in China, but around the world. 

Engaging customers with experiential retail

Another important trend that’s linked to omnichannel is experiential retail. With stores open again, consumers don’t just want to shop, they want an engaging, personalized experience. As customers travel through a store, omnichannel lets them use their smartphones to access product information, sign up for exclusive events, even order customized products for speedy delivery.

Today’s savvy retailers are using technology such as AR and VR to support personalized shopping experiences, both in-store and online. Customers can use “smart mirrors” to try on clothes virtually, for example, and smartphone cameras make it possible for shoppers to see how furniture will look in their own space. Retailers are also using technology to support the personalized experiences that drive loyalty: personalized assistance, events or classes that help consumers get the most out of their purchases, and access to exclusive offerings are just a few of the ways that retailers can inspire customers and keep them coming back.

This year’s RCC STORE conference features several exciting sessions about experiential retail: Greg Neath and Eunice Chan from TC Transcontinental will share innovative ways to use in-store signage and how retailers can use it to leverage changing customer behaviors, and Joel Gregoire and Carol Wong-Li from Mintel will discuss strategies that can help retailers and food and drink companies increase their connections with customers amid a retail landscape where perceptions of value are changing rapidly.

Technology helps staff deliver the competitive advantage

Experiential retail also highlights the ways that staff are a key competitive advantage. Whether customers are shopping in person or online, interactions with skilled and knowledgeable staff are essential. With technology, retail staff can access optimized data to deliver more personalized experiences. Technology also gives staff tools to support customers in their journeys across multiple channels.

At RCC STORE, Matt Stoll from Ceridian will talk with Best Buy’s Chris Taylor and Longo Brothers Fruit Markets’ Liz Volk about HR perspectives on technology in retail, challenges in recruitment, and how retailers can maintain their culture even when staff are working remotely. This session will also discuss recent research done by Best Buy which shows the correlation between their most engaged employees and their most profitable stores.

The retail industry is looking ahead to the future, and the brands that succeed will be those that find opportunities and build on their unique strengths to meet or exceed consumers’ evolving needs. Learn more about the next era of retail at RCC STORE, a fully virtual event held September 13-16, 2021.

Time is running out! Don’t miss Canada’s biggest retail event on the year. Visit https://www.storeconference.ca/tickets to purchase your tickets. 

Canadian Retail News From Around The Web For September 3rd, 2021

Canadian Retail News From Around The Web

Top Stories: National

Central/Eastern Canada News

Western Canada News

Craig’s Cookies to Open at Toronto’s Yorkdale Shopping Centre 

Former NYX Cosmetics at Yorkdale
Former NYX Cosmetics at Yorkdale - Photo by Dustin Fuhs

Toronto-based cult-favourite Craig’s Cookies announced on Instagram Thursday that it would be opening its fifth retail location this fall at Toronto’s Yorkdale Shopping Centre. The 1,200 square foot storefront will be located in a retail space vacated last year by NYX Cosmetics. 

The location is prime being at the end of a hallway that leads to the mall’s TTC subway station. A Roots store is located immediately north and a busy Starbucks is located across the way. 

It will be the fifth location for Craig’s Cookies which was founded in 2013. Founder Craig Pike has developed over 85 flavours of the over-the-top cookies which burst with chocolate and other sweet fillings. The brand’s first Toronto location opened in the city’s Parkdale area and was followed by locations on Church Street in Toronto’s Gay Village, on Bayview Avenue in Leaside, and most recently on Queen Street East in Leslieville. 

Yorkdale has been adding various food and beverage offerings to the shopping centre since the beginning of the pandemic, including Danish Pastry House and a Chinese restaurant called Yu near the mall’s RH store. The centre continues to diversify its offerings which also includes the most comprehensive clustering of standalone luxury brand stores anywhere in Canada. 

Craig's Cookies on Church Street
Craig’s Cookies on Church Street – Photo by Dustin Fuhs
Craig's Cookies on Church Street
Craig’s Cookies on Church Street – Photo by Dustin Fuhs
Craig's Cookies on Church Street
Craig’s Cookies on Church Street – Photo by Dustin Fuhs
Craig's Cookies on Church Street
Craig’s Cookies on Church Street – Photo by Dustin Fuhs
Craig's Cookies on Queen Street
Craig’s Cookies on Queen Street – Photo by Dustin Fuhs

Samsung to Renovate Yorkdale and Metrotown Experience Stores [Renderings]

Metropolis at Metrotown rendering supplied by Samsung

Samsung will renovate two Canadian Samsung Experience Stores in two of Canada’s top shopping centres. The company’s Yorkdale Shopping Centre store in Toronto and its Metropolis at Metrotown store near Vancouver have been relocated temporarily while the locations see a ‘modern’ refresh. Both renovations will be completed by mid-November of this year. 

“We want to connect with our customers and provide them with new and engaging physical spaces that they can visit to learn more about and experience our products,” said Dave McGregor, Director of Samsung Experience Stores. “We’re committed to creating dynamic and innovative retail spaces and we’re excited to unveil a fresh new look at two important locations in our retail network.”

The Yorkdale store will help Samsung continue to offer on-site repair services and to showcase the Galaxy lineup. The Metropolis at Metrotown upgrades will include a brand-new service centre for on-site Samsung device repairs.

Rendering of the Metrotown store via Samsung
Rendering of the Yorkdale location, image via Samsung
Yorkdale interior, rendering via Samsung

A temporary pop-up at Yorkdale across from the in-line Samsung Experience Store will serve clients until renovations are completed in a couple of months. A temporary store has also opened at Metropolis at Metrotown on the upper level of the shopping centre. 

The Yorkdale Samsung Experience store opened in October of 2016 in a 3,400 retail space in the mall’s Nordstrom-anchored expansion wing. The Metropolis at Metrotown location was the first in Canada when it opened in 2012 in a 1,500 square foot space. 

Samsung opened a 21,000 square foot showroom at CF Toronto Eaton Centre in Toronto in early 2018. The company also has Samsung Experience Stores at CF Richmond Centre near Vancouver, at Southgate Centre in Edmonton, at CF Sherway Gardens and Scarborough Town Centre in Toronto and at the Montreal Eaton Centre in downtown Montreal. 

Ivanhoé Cambridge Sells Mic Mac Mall Near Halifax to Real Estate Firm Eyeing Redevelopment

Photo: Ivanhoé Cambridge

Montreal-based landlord Ivanhoé Cambridge has sold its ownership stake in the Mic Mac Mall in Dartmouth near Halifax to a local buyer. Halifax-based Rank Inc. and local developer Joe Ramia have taken ownership of the property along with a group of insteps, and a redevelopment is planned that could transform the asset in the coming years.  

“Today is a great day for the future of Mic Mac Mall,” said Tamitha Oakley, General Manager.  “We’re elated that our new ownership group shares our commitment to serving Atlantic Canada and ensuring we remain a vibrant economic hub for people to shop, gather, work and play,” she said.

As part of the move, Mic Mac Mall will be managed and leased by Cushman & Wakefield, which operates a portfolio of shopping centres across the country. 

The new owners plan to intensify the 50-acre site with the potential addition of a business office campus, residential, restaurants and entertainment facilities. A redevelopment of the shopping centre property had been rumoured for several years under Ivanhoé Cambridge ownership. In March of this year, Ivanhoé Cambridge withdrew plans for housing on the site

Click image for interactive Google map
Photo: Ivanhoé Cambridge

“Mic Mac Mall is already a phenomenal property and we look forward to elevating the experience even further for our tenants, our guests, and our community,” said Joe Ramia, President of Rank Inc. “This property has been part of the fabric of Atlantic Canada for the last 50 years and we see incredible potential in its future,” he said.

Landlords across Canada have been looking to densify shopping centre sites to unlock value as some retailers struggle to pay high rents. The trend is particularly pronounced in the Vancouver and Toronto areas where the majority of major shopping centres have some sort of redevelopment proposal at play, including residential buildings with hundreds or even thousands of units. 

In 2018, Ivanhoé Cambridge announced a $55 million investment in the centre which included renovations and new tenants. A new tenant, Linen Chest, would reveal its new store concept with an opening a year later. Linen Chest and other retailers moved into a repurposed 122,000 square foot space formerly occupied by a Target store. 

The renovation announcement included new flooring and handrails throughout the mall property, renovated washrooms (including a new family washroom), a relocation and replacement of the existing ‘centre court’ escalators and the replacement and relocation of the ‘south court’ escalators which Ivanhoé Cambridge said at the time would be utilized to create additional retail offerings. A new entrance at the south-end of the property would be added as well while upgrades to the exterior entrances and lighting were also part of the plans. The mall’s third-floor food court was also announced to be renovated, including new seating and lighting. 

Rendering: Ivanhoé Cambridge
Rendering: Ivanhoé Cambridge

The ongoing mall updates recently included the addition of French sporting goods retailer Decathlon, which opened a 36,000 square foot location in the shopping centre last year

Mic Mac Mall is the largest shopping centre in Atlantic Canada with about 160 retailers and 3,100 parking spaces in a centre spanning more than 665,000 square feet. Hudson’s Bay is the mall’s primary anchor with more than 150,000 square feet, as well as smaller anchors such as Winners/HomeSense, Decathlon, Old Navy, Linen Chest, Chapters and H&M. It’s also one of the most productive malls in the region according to Retail Council of Canada’s shopping centre studies that were authored by Retail Insider’s Craig Patterson. 

The shopping centre was built in 1972 and opened in 1973. Original department store anchors included Eaton’s and Simpsons. Eaton’s shut in 1997 and Simpsons was converted to the Hudson’s Bay nameplate in 1986. Target, formerly a Zellers store, occupied the former Eaton’s space in the mall until early 2015 when Target exited Canada. 

Ivanhoé Cambridge has sold numerous retail properties over the past several years as the landlord divests parts of its retail portfolio. Most recently the landlord sold its 50% interest in Ottawa’s Bayshore Centre to Kingsett Capital. Possibly its largest retail sale involved selling Vancouver’s Oakridge Centre to QuadReal in 2017 — the new owner is overhauling the centre with a completion date set for 2024. 

Photo: Mic Mac Mall

Last month Retail Insider reported that Ivanhoé Cambridge would outsource its operations and leasing to brokerage and real estate management company JLL Canada. Ivanhoé Cambridge staff were formally notified late last month and interviews will be conducted to see who from the landlord will join JLL. Licensing for some of the landlord’s leasing team will be required according to sources. 

Last year a report in Halifax Today noted that Ivanhoé Cambridge had been open to changing the name of Mic Mac Mall — the Indigenous Mi’kmaq tribe were among the first settlers in the region prior to the colonization that created Canada, and ‘Mic Mac’ is a deviation of that spelling considered by some to be ‘slang’. 

Brief: Decathlon Opens Impressive Store, Athleta Replacing Nike at Yorkdale

Inside Decathlon’s New Store in Vaughan Near Toronto (Photos)

Image: Decathlon Vaughan

France-based sporting goods retailer has opened its ninth Canadian store, and it’s impressive [Photo tour].

Read More about the new store and see the photos

Retailer ‘The Latest Scoop’ to Open New Store at CF Toronto Eaton Centre

Image: The Latest Scoop at CF Toronto Eaton Centre (Photo by Dustin Fuhs)

Vancouver-based women’s lifestyle fashion retailer to open third location in Toronto in the downtown core.

Read More about the new store coming to CF Toronto Eaton Centre

Athleta to Replace Nike at Toronto’s Yorkdale Shopping Centre 

Yorkdale Shopping Centre in Toronto, August 2021. Photo: Craig Patterson

Gap-owned Athleta will open a storefront this fall.

Read more about the retailer that’s taking over the recently vacated Nike storefront

Judith & Charles Store Steps onto the Street with New Store in Downtown Ottawa

Construction Hoarding of Judith & Charles at 493 Sussex Dr in Ottawa
Construction Hoarding of Judith & Charles at 493 Sussex Dr in Ottawa – Photo by Dustin Fuhs

Montreal-based women’s fashion brand moves store from CF Rideau Centre to Sussex Drive.

Read more about the relocation

Holiday Inn Express & Suites Under Construction at Elgin Centre in St. Thomas ON

Rendering supplied

The $16 million, 95 room hotel is scheduled to open in October of 2022.

Read more about the new development