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BRIEF: All National Sports Stores Shutting, Off-Price Retailer Century 21 Looks to Enter Canada

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Retail Insider
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Retail Insider Brief
Retail Insider Brief

Canadian Tire to Close National Sports Store Chain Amid New Competition

Canadian Tire announced Thursday that it will shut all 18 of its value-priced National Sports store locations in Canada as part of an effort to become more efficient. It comes as competitors begin to expand, including UK-based JD Sports, which is entering the Canadian market this year.

The 18 National Sports locations are all in Ontario, with most of them occupying space in strip malls and big box centres. The retailer also has a store in downtown Peterborough as well as at the popular Erin Mills Town Centre in Mississauga.

Photo: National Sports
Photo: National Sports

Canadian Tire is making efforts to transition employees of National Sports to other Canadian Tire banners, including Canadian Tire stores, Mark’s, Party City, and sports-focused FGL Group (which operates under banners Sport Chek), Atmosphere, Sports Experts, Pro Hockey Life, and Trio Hockey. Fourth Quarter revenue and profits at Canadian Tire rose significantly with net income totalling $488.8 million ending January 2nd, up from $334.1 million a year earlier. Revenue was $4.87 billion, up from $4.32 billion a year earlier.

Competition in the sporting good retail space is heating up in Canada as French chain Decathlon continues to expand its Canadian operations by opening stores. UK-based JD Sports is also entering the market this year with more details to follow. At the same time, some chains have struggled including former Vancouver-based cooperative MEC, which filed for bankruptcy protection last year and was acquired, as well as Quebec company SAIL which filed and shuttered its Sportium chain of superstores in that province.

Century 21 Logo
Century 21 Logo

Retailer ‘Century 21’ Eyes Canadian Expansion Following Summer Bankruptcy

Popular New York City-based off-price retailer Century 21 is reportedly looking to enter the Canadian market amid a global store expansion following its bankruptcy over the summer and the shuttering of all stores. The timeline for the Canadian expansion is unclear as the retailer prepares to open its first new store following the filing in Busan, South Korea.

The Busan Century 21 store will span nine floors and about 100,000 square feet, according to an exclusive report this week in WWD. The store will open in August with a branded facade. It is unclear if Canadian luxury vintage accessory retailer LXRandCo will be part of the mix as was the case with the former Century 21 stores.

Entrepreneurs Al, Ralph, and Sonny Gindi founded Century 21 in New York City in 1961 and the company expanded to multiple locations. After failing to recover disaster insurance, the company filed for bankruptcy over the summer and its remaining stores shut in early December (Century 21 will litigate). The Gindi family and a silent partner bought the intellectual property rights for Century 21 in November for USD $9 million with plans to revive the concept. Industry veteran, Marc Benitez, has been appointed President of the new company and will spearhead the expansion.

According to the WWD report, Mr. Benitez said that Century 21 is targeting Canada, China, Hong Kong, Europe, Australia, and South America for stores in the coming years. An expansion into the United States is also planned at the “right time” with a Manhattan flagship being part of the mix, either on 34th Street or in the Times Square area. It has not yet been established what the company’s real estate strategy might be in terms of choosing locations for Canadian storefronts.

Exterior of Costco location. Photo: Costco
Exterior of Costco location. Photo: Costco

Costco Shuts In-Store Photo Departments

Seattle-based large-format membership club Costco shut all of its in-store photo departments last weekend and is now directing costumers to its photo services still available online. Customers are no longer able to get passport photos, ink refills, photo restoration service, or video transfer service in-store.

Online, the Costco website offers home/office delivery of photo/metal/acrylic prints, enlargements, posters, stationery, photo greeting cards, canvas, photo books, calendars, and business printing, among other services.

Changes to Costco’s offerings reflect changing technologies amid a new digital age. Costco has 102 stores in Canada with a highest per capita penetration in Alberta. The company’s annual sales in Canada surpassed $28.5 billion last year, with 13 million square feet of space and 34,000 employees.

Amazon and Global Optimism Announce Addition of 20 New Signatories to The Climate Pledge

Amazon and Global Optimism have announced the addition of 20 new signatories to The Climate Pledge. Coming from all over the world, they include: ACCIONA, Colis Prive, Cranswick plc, Daabon, FREE NOW, Generation Investment Management, Green Britain Group, Hotelbeds, IBM, Iceland Foods, Interface, Johnson Controls, MiiR, Ørsted, Prosegur Cash, Prosegur Compañia de Seguridad, Slalom, S4Capital, UPM, and Vanderlande.

With the addition of the new signatories, 53 companies across 18 industries and 12 countries have committed to working toward net-zero carbon in their worldwide businesses — which in aggregate has the potential to significantly reduce corporate carbon emissions. The 20 new signatories represent diverse economic sectors, ranging from energy to agricultural and financial services, and although each organization is at a different stage in its journey to net-zero carbon emissions, all are committed to The Climate Pledge’s ambitious goal of meeting the Paris Agreement 10 years early.

Signatories to The Climate Pledge agree to:

• Measure and report greenhouse gas emissions on a regular basis.

• Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies.

• Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040 — a decade ahead of the Paris Agreement’s goal of 2050.

Each company is implementing science-based, high-impact changes to its business to help decarbonize the value chain, including innovating in circular economy, deploying clean energy solutions, and mobilizing supply chains to reach net-zero by 2040.

“As the U.S. takes an important step forward in the fight against climate change by officially rejoining the Paris Agreement this week, I am excited to welcome 20 new companies to The Climate Pledge who want to go even faster,” said Jeff Bezos, Amazon founder and CEO.

Aura at College Park. Photo: Aura at College Park
Aura at College Park. Photo: Aura at College Park

Former Hard Candy Gym Space in Toronto for Sale

On behalf of Toronto Standard Condominium Corporation No. 2421 & 2446, Cushman and Wakefield has announced the sale and lease opportunity for the 4th floor retail space within the Podium at Aura Condos, located at 382 Yonge Street in Toronto.

The Property provides the investor, user, or tenant with an opportunity to acquire and/or occupy a vacant 40,000-square-foot existing retail unit, intended for fitness and wellness concepts, in one of the country’s most densely populated and rapidly-growing urban areas.

Located right at the corner of Yonge and Gerrard Streets, the unit was formerly well known for Madonna’s Hard Candy Fitness, Later Crunch Fitness. The space hosts 19-foot-high ceilings and windows and includes unit 1, level 2 of Toronto Standard Condominium Plan No. 2421. The purchasing price is set at $22,000,000.00, with additional rent estimated at $10.50 per square foot. Available for demise and/or reconfiguration for either a purchaser or leasee, the 4th floor unit is located in the same retail podium and shares the same elevator bank as Marshalls (3rd floor), Bed Bath and Beyond (2nd floor), RBC, BMO (ground floor).

Map of the 4th floor of Aura at College Park. Image: Cushman and Wakefield
Map of the 4th floor of Aura at College Park. Image: Cushman and Wakefield

Aura is currently the tallest residential building in Canada, at 79 stories with over 1,000 units and not only does this part of Downtown Toronto capture the highest population density in Canada, it also arguably defines the country’s flagship retail epicentre, featuring some of the best brands in the world.

Retail Insider recently reported on SIR Royalty Income Fund‘s announcement regarding the closure of all three restaurants within the Aura centre — Scaddabush Italian Kitchen & Bar, Reds Midtown Tavern, and a Duke’s Refresher & Bar. Given the current operating environment and uncertain future prospects, SIR decided to exercise its options and return the property to the landlord.

Canadian Retail News From Around The Web For February 18, 2021

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Retail Insider
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Canadian Retail News From Around The Web

Top Stories: National

Central/Eastern Canada News

Western Canada News

Grocery Store on Wheels to Disrupt Food Retail in Canada with Spring 2021 Launch

By
Mario Toneguzzi
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Rendering of the Grocery Neighbour truck concept. Rendering: Grocery Neighbour
Rendering of the Grocery Neighbour truck concept. Rendering: Grocery Neighbour

A Toronto-based company is planning to launch a  ‘grocery store on wheels’ which could be a game changer for some neighbourhoods and places lacking quick access to larger-format supermarkets. It is considered to be so innovative that Ebeltoft Group recently named it as the global innovator of the year.

Frank Sinopoli, CEO of Grocery Neighbour, said a mobile grocery store concept was conceptualized at the end of March 2020 as an opportunity within the COVID-19 pandemic.

“We’re in the middle of launching. What we’ve done at this point is test it out. We’ve done beta. People run through and experience it. Nobody has ever done this before — not at this scale,” said Sinopoli.

“People have put groceries in the back of a truck but we’ve actually put wheels on a store is the way I look at it. We have multiple temperatures, we have positive air flow. It’s high technology. So it’s actually a store on wheels not groceries inside of a truck. It’s a mobile grocery store that runs into neighbourhoods that have voted it in.

“The idea is we want to focus on the underserved neighbourhoods that have to drive 15 plus minutes to get to a grocery store. It is completely autonomous. So you scan items on your phone, you check out on your own. Nobody is touching any of the products. There’s a digital lineup system. The whole experience itself is quite unique, it’s quite streamlined but more importantly it’s just ridiculously convenient for people.”

The trucks are 53 feet in length. The concept is neighbourhood centric with a focus primarily on meats, produce, dairy, and bread with a selection of CPG (consumer packaged goods). The trucks can carry up to about 2,000 SKUs (stock keeping unit).

“There are some items that are standard but because neighbourhoods tend to create patterns within themselves. We become part of the neighbourhood and we gradually learn and understand what the buying habits are and demands are and we adapt,” said Sinopoli.

The idea is aiming to officially launch in the next 30 to 90 days.

“We’ve had over 1,000 serious franchise requests from around the world,” he said. “I’m in the middle of signing deals in the Dominican Republic. I just signed a few on the West Coast of the U.S. I’ve signed more here than anywhere. We’re rolling out with two to three (trucks). Until it gets rolling and we figure out everything at scale, I don’t want to try and launch a hundred stores in the first year.

Rendering of the Grocery Neighbour truck concept. Rendering: Grocery Neighbour
Rendering of the Grocery Neighbour truck concept. Rendering: Grocery Neighbour

“By year five, we’ll have a thousand stores out there. I know it sounds crazy but the demand is there and there’s enough franchise demand, investor demand.”

Sinopoli said the key is finding neighbourhoods located more than 15 minutes from a major grocery store. The use of the mobile grocery store will depend on each neighbourhood and what rights have been granted. In some of the neighbourhoods the store will “inch” its way through with designated stops. Other neighbourhoods might find the mobile grocery store stationed at a specific location.

Because of the technology, the mobile store knows when people are accessing it and leaving it. In that way, said Sinopoli, the lineup system can be managed digitally.

“I see a bigger play here. I see an opportunity to supercede a lot of the online grocery world because in the neighbourhoods where we exist nobody will be able to physically get there faster than us and then not only will we be able to get there faster but we’ll solve the price issue. We won’t have a minimum spend because we’re already there. Timing. We’ll give you groceries faster than you can physically get them yourself in under 20 minutes because we’re already there,” he said.

Alberta Foodservice Business ‘Oodle Noodle’ Continues to Expand During Pandemic

By
Mario Toneguzzi
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Oodle Noodle location in Terwillegar Heights, Edmonton. Photo: Oodle Noodle
Oodle Noodle location in Terwillegar Heights, Edmonton. Photo: Oodle Noodle

It has been a tough year for many businesses due to the COVID-19 pandemic but Edmonton-based Oodle Noodle has experienced some success in expanding its brand and raising money and food for charity during these turbulent times.

Ziad Kaddoura, general manager of the company, said it will open a Calgary branch to focus on its southern Alberta business with the potential of opening 10 stores within the coming 10 years.

It is also opening its first food court location in Edmonton, which will be a great place to test its operation in a food court setting.

In addition, the chain is looking at adding three more locations within the Greater Edmonton Area.

And its charity initiative, which is at the forefront of its branding activities, has raised $100,000 and 20,000 meals in the past year for organizations and people in need.

The authentic Asian restaurant, which first opened about 12 years ago by Founder, Sonny Pham, with one location on Whyte Avenue, today has 14 locations, which are all in the Greater Edmonton Area.

Photo of popular Oodle Noodle dish 'Penang Laksa'. Photo: Oodle Noodle
Photo of popular Oodle Noodle dish ‘Penang Laksa’. Photo: Oodle Noodle

“We’re looking at opening a minimum of five locations this year,” said Kaddoura. “We’re looking at expanding in the Greater Edmonton Area. We’re looking at opening in St. Albert, as well as Fort Saskatchewan. We’re looking at doing our first food court location here in Edmonton and that’s going to be a first for us because we don’t have any food court locations. Depending on the learnings, we’re going to create a concept design that basically has a food court footprint. That’s going to be this year as well.

“In Calgary, we set up a subsidiary that is going to be managing the expansion in southern Alberta. That will include Airdrie all the way down to southern Alberta. We’ve already set this entity up and we already have two franchisees that have committed and we’re looking at opening two locations I would say in the next eight months.

“Hopefully by year end we’re looking at having 18 to 19 locations.”

Kaddoura said many of the company’s franchise owners are becoming multi-location owners because they’re happy with the results and they’re happy with the relationship with the franchisor.

He said the company’s focus on charity remains a strong core value of its operations.

“Our contributions have all been to smaller charities that aren’t usually covered. They aren’t given attention because they are smaller charities,” added Kaddoura. “We’ve done things around animals. We’ve done things around dogs and cats. Youth. Homeless. We’ve done things around Indigenous artists. We’ve supported artists.

“We’re very much a community focus. We’re going after charities in our communities where we operate. We would like you to help us. They’re very happily using our platform to reach a higher number of people. We like bringing awareness of these charities to our customers as well as to the community we operate in.”

Kaddoura believes that in business, if you are true to your beliefs, COVID or no COVID, you are going to grow the business and grow the brand if you are genuinely thinking of your community and you’re giving back in a genuine way.

“Not everything we do has a commercial reason. I think that is important,” he said. “Our success is not set by how many stores we have and how much we are doing per store. Our success is set by how are we becoming an added value to the community where we’re operating whether that means providing jobs which is very important or providing an opportunity for people to own their first business.”

Canadian Retail News From Around The Web For February 17, 2021

By
Retail Insider
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Canadian Retail News From Around The Web

Top Stories: National

Central/Eastern Canada News

Western Canada News

BarterPay Partners with Retail Council of Canada on Trading Platform to Help Businesses

By
Jessica Finch
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Canadian company BarterPay is announcing a partnership with the Retail Council of Canada (RCC) that will bring the RetailBarterPay trading platform to businesses across Canada. It’s part of an effort to support retailers at a challenging time amid lockdowns and consumer concerns.

Hamilton-based BarterPay is now providing retailers with access to a wide variety of goods and services without needing to use cash by trading excess or slower-moving inventory at no discount all through the RetailBarterPay platform. This can be in the form of hard goods or services that are monetized into BarterPay Barter Credits (one BarterPay Barter Credit equals one Canadian dollar for valuation, accounting, and tax purposes) which can be exchanged for any goods or services offered by other businesses who are also on the BarterPay network. BarterPay Barter Credits are recognized as a cash equivalent by the Canada Revenue Agency (CRA).

“Retailers across Canada are entering  the most challenging retail environment ever experienced. Many are showing incredible creativity in how they are rethinking their businesses. RetailBarterPay is an excellent complement to retailers’ efforts as it allows them to tap into their existing idle inventory at full margins to re-invest into other areas of their business where they need products and services right now, says Diane J. Brisebois, President and CEO Retail Council of Canada. “And, retailers will also have the confidence of knowing that by working through RetailBarterPay, the transactions are recognized at a dollar for dollar value by the Canada Revenue Agency (CRA). BarterPay offers a highly innovative and timely solution to today’s marketplace realities.”

Upon activation, Retail Council of Canada members will receive a $175 bill credit, compliments of RCC, special promotions as well as access to interest-free BarterPay Small Business Barter Loans.

“This partnership brings a unique opportunity for RCC members to conduct smart business using barter,” says John Porter, BarterPay Founder and CEO. “During a time when cash is scarce, it’s imperative that retailers adopt new ways to do business that improve their cash flow. Our user-friendly bartering system makes it easy for retailers of any size to barter their way to a better bottom line and at the same time, deliver more impact in the community. In addition, RCC’s RetailBarterPay  members have the option of donating Barter Credits in exchange for a charitable receipt administered by The BarterPay It Forward Foundation, the company’s charitable wing.”

Learn more at retail.barterpay.ca / www.barterpayitforward.org

Cadillac Fairview to Redevelop Former Sears at CF Polo Park in Winnipeg Including EQ3 Flagship

By
Mario Toneguzzi
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Rendering of the exterior of CF Polo Park and new EQ3 store. Rendering: Cadillac Fairview
Rendering of the exterior of CF Polo Park and new EQ3 store. Rendering: Cadillac Fairview

Unique Winnipeg-based furniture retailer EQ3 is set to open a close to 44,000-square-foot flagship store at CF Polo Park in Winnipeg in part of the retail space formerly occupied by the mall’s Sears store.

Due to open in the fall of 2021, it is part of the overall redevelopment plan for the popular southern Manitoba destination shopping centre.

Josh Thomson, SVP of Development at Cadillac Fairview, said the owner of shopping centres across Canada is currently in the process of redeveloping the Polo Park Area which will include office space and additional retail opportunities.

“As part of this redevelopment, we are also in the process of considering residential development in the area. This represents an incredible opportunity to increase density at the premier shopping district in Winnipeg, especially at a time when cities across Canada will be looking for opportunities to spark economic activity as we plan for long-term recovery from the pandemic,” he said.

At CF Polo Park, Sears vacated its store in December 2017. The store was 260,000 square feet — 80,000 on main level, 80,000 on upper level, and 100,000 in the basement, which included an underground truck court.

Cadillac Fairview says redevelopment will cover 160,000 square feet, focusing on the main and upper floor of the former Sears store, however substantial work is being done to clean up the basement for future uses. The project will primarily include large non-major users (spaces over 15,000 square feet) as well as office uses.

“The entire exterior façade has been removed, and is being replaced with curtain wall glazing and other architecturally stunning materials such as metal panels,” said the shopping centre owner.

Work began in November 2018, and it will be completed this Summer.

The flagship EQ3 will be located on the lower level. On the upper level, 41,000 square feet will be taken by a large international company, still to be announced, for office use. Cadillac Fairview continues negotiations with some other prominent global brands for the other space.

“Given the major loading and truck court previously built by Sears, we would like to explore logistic uses if possible, among other retail uses,” said the company.

Mark Letain, President of EQ3, which was initially formed by the Winnipeg-based Palliser company, said the retailer is excited about opening its new concept and flagship location at CF Polo Park.

EQ3 began as a wholesale concept in 2001 as an opportunity to sell modern furniture. The concept was well received in the market. In 2005, the first store opened in Winnipeg. Currently, there are 17 locations — 12 in Canada (Vancouver, Calgary, Winnipeg, Burlington, the Greater Toronto Area, Ottawa, and Quebec) and five in the United States (San Francisco, New York, Chicago, Connecticut).

Winnipeg is where the company does the manufacturing of its upholstery product line.

Letain said the target date for opening in CF Polo Park is in September.

“Our store in Winnipeg is very close to the Polo Park mall right now. But it’s a standalone on the edge of the parking lot of the Polo Park. When Sears basically went out of business in that space, I began conversations with (Cadillac Fairview) about getting a 15,000-square-foot space within that space,” said Letain. “But it seemed at that point they were looking for more of an anchor tenant to take up more space.

“We decided that given where our product line is headed and where we want to go in the future with deepening into our product line and extending our product line let’s try a larger format prototype. We’ve seen that work with Restoration Hardware and folks like that. So we decided to do it in our home city.”

Letain said the company’s biggest store right now is about 18,000 square feet with the average footprint being about 11,000 square feet.

Letain said CF Polo Park is the major destination mall for not only Winnipeg but for the entire region. The strongest lifestyle and luxury brands are located in that mall.

“When you look at the mall rankings for performance and sales per square foot, it typically always ranks in the top 10. It really is super regional. Not only does it draw in from Winnipeg but folks are coming from out of town and even other provinces. Northern Ontario or Saskatchewan,” he said.

“We believe it’s a destination mall and for us we think it’s great exposure for the brand and the right place and the right time to try this new larger format store.

“We really want to use this store to highlight our brand and inform people of our brand. A lot of folks don’t know we’re a made-in-Manitoba story. Some people don’t know we’re actually Canadian. So we really want to highlight our roots and we also want to highlight in that store this idea of buy local. Not only are we going to represent our own product line there which is made in Winnipeg, our upholstery line, but we’re also going to feature products that are made from other local manufacturers and we’re working on that and we’re really excited about that. We also want to highlight Canadian designers.”

BRIEF: Diptyque to Enter Canada with Stores, Prada Opens Montreal Women’s Boutique

By
Retail Insider
-
Retail Insider Brief
Retail Insider Brief

French Luxury Fragrance and Candle Brand ‘Diptyque’ Expanding Into Canadian Market

Pricey Paris-based fragrance and candle brand Diptyque will be making moves into the Canadian market this year with plans for multiple locations after securing a brokerage for the expansion. Diptyque is seeking boutique-sized storefronts on urban streets and shopping centres and is part of a direct-to-consumer expansion for the brand.

Diptyque was founded in 1961 by interior designer Christiane Gautrot, theatre set designer Yves Coueslant, and Desmond Knox-Leet, a painter. The brand, which sells fragrances, candles & home, skincare, and home decor, has stores globally as well as an expansive distribution in upscale retailers. Prices can be steep — candles are typically priced in the $50-$100 range depending on size, with some more expensive ones approaching $500. Diptyque fragrances are typically well over $100 and a room spray was priced at $92 on a Canadian retail website.

Exterior of Diptyque store in Paris. Photo: Diptyque
Exterior of Diptyque store in Paris. Photo: Diptyque

The company is seeking retail spaces in malls and on streets. Mall locations will ideally be in the 600-700 square foot range with street front stores occupying as much as 1,000 square feet. Jeff Berkowitz of Aurora Realty Consultants is the contact for the Canadian expansion.

In the United States, Diptyque has more than 20 stores in major markets with a mix of street and mall stores in upscale locations. Some stores are on luxury streets while others are located a bit off the beaten path in trendy places close to affluence. The next two US locations to open will be in the Los Angeles area at The Palisades and The Grove retail centres.

  • Diptyque candles. Photo: Diptyque
    Diptyque candles. Photo: Diptyque
  • Diptyque products. Photo: Diptyque
    Diptyque products. Photo: Diptyque

Given where Diptyque is located in the United States, one might expect the brand to look at locations for stores in Toronto at the Yorkdale Shopping Centre, Bloor-Yorkville, and possibly the ‘West Queen West’ area. In Vancouver, Diptyque might be at home downtown on or near Alberni or Robson Streets, Gastown or even West 4th Avenue in Kitsilano. In Montreal, Diptyque could be interested in addresses such as Rue de la Montagne between the Ritz and Holt Renfrew Ogilvy, Sherbrooke Street West in Westmount, Old Montreal or possibly Avenue Laurier which has a compelling retail mix near wealthy households.

The Diptyque brand was introduced to Canada via wholesale channels, with retailers such as Holt Renfrew, Nordstrom, and Saks Fifth Avenue featuring the brand in Canadian stores. The multi-brand retailers are expected to retain distribution despite the direct-to-consumer brick-and-mortar expansion, given the success of the brand and the importance of that channel. Diptyque has not yet launched a Canadian website, though it would be expected to do so once its expansion is confirmed as early as fall/winter 2021.

Interior of new Prada store in Montreal's Holt Renfrew Ogilvy. Photo: Maxime Frechette
Interior of new Prada store in Montreal’s Holt Renfrew Ogilvy. Photo: Maxime Frechette

Prada Unveils Women’s Fashion Boutique Concession at Holt Renfrew Ogilvy in Montreal

Italian luxury brand Prada recently opened a boutique space for women on the third floor of Holt Renfrew Ogilvy in Montreal. It joins a Prada bag and accessory boutique on the main floor of the store as well as a women’s footwear boutique concession on the second floor and a men’s concession on the fifth floor.

Plans for a Miu Miu boutique (owned by Prada), also on the the third floor of Holt Renfrew Ogilvy, have been put on hold according to Retail Insider’s Montreal correspondent Maxime Frechette.

Prior to closing in the summer of 2020, the former Holt Renfrew store at 1300 Sherbrooke Street West also featured a Prada boutique space in its store. Prada operates standalone flagship stores in Toronto at 131 Bloor Street West and in Vancouver at 1099 Alberni Street. Prada operates concessions at Holt Renfrew in Vancouver, Calgary, Toronto and Montreal, as well as at Saks Fifth Avenue in downtown Toronto which is dedicated to bags and accessories.

Exterior of The Hudson's Bay store in The Oakridge Centre. Photo: The Oakridge Centre
Exterior of The Hudson’s Bay store in The Oakridge Centre. Photo: The Oakridge Centre

Hudson’s Bay Shutting Oakridge Centre Store Until 2024

Hudson’s Bay is shutting its Oakridge Centre store in Vancouver on Wednesday, March 24, as the shopping centre sees an incredible multi-year redevelopment that will create a new city centre for Vancouver. When the shuttering of the rest of the mall was announced in the summer, Hudson’s Bay said that it was planning on keeping its store open indefinitely despite the rest of the mall being shut until the project is finished in 2024.

Rendering of newly-renovated Oakridge Centre. Rendering: Oakridge Centre
Rendering of newly-renovated Oakridge Centre. Rendering: Oakridge Centre

When the store reopens in three years as planned, it will be in a new space north of the existing store spanning about 142,000 square feet over two levels. The new store will aim to meet the needs of future shoppers with enhanced digital elements with in-store displays tied to the company’s expanding website offerings. It’s part of HBC’s plans to modernize its operations while shifting focus to online channels — though at the same time, the future of the department store business with 88 stores is uncertain and we’ll report back with updates as they become available.

A clearance sale at the Oakridge Bay store is ongoing.

Interior of Brioni store that is set to leave Holt Renfrew Ogilvy. Photo: Maxime Frechette
Interior of Brioni store that is set to leave Holt Renfrew Ogilvy. Photo: Maxime Frechette

Brioni Exiting Holt Renfrew Ogilvy, Off-White Comes to the Store

A sales associate at Holt Renfrew Ogilvy in Montreal informs Retail Insider that the Brioni space in the store will be shuttering due to low sales. It is not yet known what will replace it on the 40,000-square-foot, fifth-level men’s store that opened in the spring of 2019. The pricey brand has yet to gain significant traction in Canada with limited distribution that includes the Holt Renfrew Men store at 100 Bloor Street West in Toronto and at Holt Renfrew in Vancouver — it appears that Harry Rosen dropped the brand recently after carrying it in the Vancouver and Montreal stores.

Luxury brand The Row is also said to have exited Holt Renfrew Ogilvy’s men’s floor. At the same time, Virgil Abloh-designed luxury streetwear brand Off-White now has a presence on the men’s floor for the first time, adding to an already robust designer offering.

Exterior of Uniqlo store. Photo: Uniqlo
Exterior of Uniqlo store. Photo: Uniqlo

Uniqlo Announces 2nd Montreal-Area Store Opening Date

Popular Japanese retailer Uniqlo has announced that its second Montreal-area store, located at at CF Carrefour Laval, will open on Friday, March 26. The 20,000-square-foot store, replacing a Renaud Bray book store, follows the opening of a 40,000-plus-square-foot, downtown Montreal Uniqlo storefront at the Montreal Eaton Centre.

For those not wishing to enter the store, a click-and-collect service is being implemented. Between March 8 and March 23, customers will be able to order online and and pick things up for free prior to the store’s grand opening.

Map of CF Carrefour Laval with red arrow indicating retail space set to house new Uniqlo store.
Map of CF Carrefour Laval with red arrow indicating retail space set to house new Uniqlo store.

The CF Carrefour Laval Uniqlo store will be the 15th location in Canada. Uniqlo opened its first store in Canada at CF Toronto Eaton Centre in Toronto, followed by Yorkdale. Uniqlo now operates eight stores in the Greater Toronto area, four in the Vancouver area, one at West Edmonton Mall that opened last year as well as the downtown Montreal flagship.

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

Exterior of Scarborough Town Centre. Photo: Scarborough Town Centre
Exterior of Scarborough Town Centre. Photo: Scarborough Town Centre

Oxford Properties to Support Government Vaccination Efforts

Oxford Properties is continuing to support the fight against COVID-19 by donating space at Scarborough Town Centre shopping centre to host a Toronto Public Health COVID-19 vaccination clinic. By collaborating with the City of Toronto and Toronto Public Health, this clinic will help support the Canadian national vaccination effort and serve its local community.

Oxford has also joined the REALPAC initiative to donate space in convenient, accessible commercial real estate buildings with public transit and parking options. The vaccination centre at Scarborough Town Centre will be the second at an Oxford shopping centre. The first community vaccination clinic in an Oxford shopping centre opened at DIX30, in Brossard, Quebec, in January.

“Due to their size, accessibility and experience of our property management teams in safely handling thousands of visitors daily, our shopping centres can play an important role in getting the vaccine as quickly and safely to as many Canadians as possible,” said Bradley Jones, Head of Retail, Oxford Properties. “Supporting community vaccination efforts allows us to play our part in the collective response against COVID-19 and give back to the communities which we are so proud to serve.”

Further locations will be announced by municipal public health agencies in the coming weeks as part of larger community initiatives.

Exterior of Le Marché du Store. Photo: Le Marché du Store
Exterior of Le Marché du Store. Photo: Le Marché du Store

Le Marché du Store Announces Increased Base Salary & Creation of 250 Permanent Jobs in Quebec

Le Marché du Store has announced that it is now guaranteeing a base salary of 15$ per hour to all its Design Consultants. This measure is part of a process to value careers in the retail industry, while the company announced at the same time the creation of 250 permanent full-time positions in the province of Québec, a 34% increase of its workforce. 

“By guaranteeing a minimum wage of 15$ per hour, the average salary of our consultants increases to 40210$ per year, with commissions and bonuses. We want to provide stability to our current and future employees in order to demonstrate that they are building a true career,” says Zachary Shiller, in charge of all Quebec operations. 

The stability of these roles is also demonstrated by the paid training program offered to all new Design Consultants, lasting from four to six months, as well as through career development programs offered in-house. 

Le Marché du Store, which has seen tremendous growth in sales over the last four years (between 12 and 31% annually) is hiring people who will offer the famous Red-Carpet service within its showrooms and its Shop-at-Home service. 120 of these new permanent full-time positions are part of the online sales department, Head Office and plant, all located in Montreal. The company is also finalizing the upcoming opening of 3 new stores in the Greater Montreal area, creating about 30 jobs.

Candidates can submit their application by clicking here.

Read More Briefs From Retail Insider:

Thule to Open First Brand Store in North America in Downtown Denver

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Retail Insider
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Photo: Thule (Denver)

Thule, a global leader in products designed for an active lifestyle, will be opening its first-ever brand store in North America in downtown Denver, Colorado. This new retail store will offer U.S. customers a first of its kind shopping experience by showcasing all of Thule’s product categories in one space. The new Thule brand store will open in Summer 2021.

While Thule has several dedicated brand stores throughout Europe, Asia, and Latin America, this new store will be the first in North America. Much like the other brand stores, this retail experience will feature Thule’s well-known vehicle accessory products for bike, water, and snowsports, as well as award-winning products from their newer categories, including child carriers and strollers, premium luggage, innovative daypacks, hiking & backpacking packs, and durable rooftop tents.

Photo: Thule

Located in downtown Denver’s newest retail space, Basecamp at Market Station, the new Thule brand store will be conveniently situated among other top outdoor and active brands. The 1,600 sq. ft. space will offer visitors the ability to explore the entire breadth of Thule’s active lifestyle portfolio and build awareness of newer categories. “Now more than ever, consumers are focused on maintaining a healthy lifestyle and embracing the outdoors,” says Fred Clark, President, Region Americas, Thule Group. “We’re proud to be opening this new Thule store in Denver. This city has a large community of passionate outdoor enthusiasts and recreationists that perfectly aligns with the Thule brand.”

Photo: Thule

Thule will be working with longtime retail partner Rack Attack, North America’s premier rack specialty retailer, to facilitate staffing, point of sale logistics, and day to day management of the store. The dedicated staff will be trained in all categories and will be able to answer questions ranging from vehicle fits for their roof rack to finding the best accessory for their jogging stroller or which rooftop tent and hiking pack will be best for their next vacation.

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For more information, please contact:

Chris Ritchie, PR & Communications Manager
E-mail: Chris.Ritchie@thule.com
Phone: +617-435-2014

For more information on Thule products, visit: thule.com

About Thule

Thule is a global sports and outdoor activities brand established in 1942. Under the motto Bring your life Thule offers a wide range of premium products for active people worldwide that allows them to bring what they care most for – safely, easily and in style. With a sustainable mindset, Thule designs and manufactures roof racks and roof boxes, bike, water and winter sport carriers, luggage, laptop and camera bags, sports bags and backpacks and child-related products such as strollers, bike trailers, and child bike seats. The products are sold in more than 140 countries worldwide.
Thule is the largest brand within Thule Group.
thule.com

Retailu Partners with One Voice One Team on Leadership Initiative

By
Retail Insider
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Retailu, an eLearning platform based in Canada, and One Voice One Team, a youth leadership non-profit, have teamed up together to ignite future leaders.

At the world economic forum in Davos this year, Teresa Carlson, Vice-President, World Public Sector and Industries, reported in discussion with Professor Schwab, “The world of the future is not capitalism, it’s the world of talentism,” in other words, capital is being superseded by human talent as the most important factor of production. Three of the top must-have conditions to address the skills gap include equal access to education, skills training, and committed leaders.

With the retail industry being one of the highest private employment sectors globally, COVID-19 closures forced many retail employees out of work, wondering what to do next with their skills.

With more retailers introducing curbside pick-up and store closures, we could see a challenging employment market as part-time jobs become more competitive than ever. With this new reality, will retail adapt their hiring practices away from brand profiles to a more equitable and inclusive mandate? And could retail become flooded with skilled workers out of work from other industries?

One of the many benefits of a part-time job in retail, with its flexible hours, has been the ability to gain employment without a skills certificate or formal education. Retail has traditionally been perceived as an uneducated career. However, many students who make up the mass employee population of first-time job seekers gain essential work experience and learn life skills in the retail sector. This benefits them as they move into other careers.

Skills learned in retail include working as a team, self regulation, service mindset, communication, managing conflict, dealing with people, problem-solving and leadership. One of the many disruptions of 2020 was the sheer amount of retail closures, which caused a lack of opportunity for first-time job seekers, namely students, to gain these valuable skills. The 2020 COVID-19 crisis will have a significant impact on this generation for sure. To what extent remains to be seen.

With many challenges facing the retail industry, hiring equitably and investing in people should not be one.

If “talentism” is the new world of the future, talent development should be top of mind for retailers. Retailers should be thinking through how to up-level their full-time employees’ skills, namely management with stronger leadership skills. The management population is responsible for hiring, training, and creating highly engaged teams that build brand loyalty. Furthermore, in this new retail era, individuals seeking to secure their chance in a highly competitive job market should also embrace this way of thinking.

Up-skilling yourself in a time of crisis is one of the best activities you can do. Online skill-building courses are a sure way for people seeking their first-time job to stand out amongst a pool of candidates. Supporting programs that focus on equal education and building leadership skills is just as critical. Committed leaders that embrace this beyond their own business are essential to the world of the future.

Over the past decade, innovation in retail tech has been a large part of the industry.  Most executives have this as a primary consideration, especially with new innovative technologies that help retailers create personalized experiences and streamline operations and processes to save time and money. However, it is essential to remember that no matter what technology is being introduced, talent will continue to be a huge part of the equation for brands to recruit and retain consumers in the future. Finding innovative ways to invest in talent should become a primary objective.

At Retailu, we considered how to significantly impact the world and support the three pillars of equal access to education, skills training, and committed leaders. “Talentism” is an essential component of a successful retail experience, one that can not be undervalued. This is why we decided to partner with One Voice One Team, a non-profit organization providing youth with leadership workshops, assemblies, and community service programs to empower today’s youth for a better tomorrow; One Voice One Team is an excellent fit with Retailu because many retail first-time employees are students; some eventually even grow into managers that drive millions of dollars in sales for retailers. OVOT develops leadership skills, helps high school students find confidence and builds their hope and potential; the work OVOT is doing is important.

Partnering with OVOT will empower and build our future business leaders from the get-go, giving them a higher chance of success. Once a student leaves school and is thrust into the workforce, they will face many challenges; the current curriculum in schools needs to be updated; however, there are many challenges with this. Being pushed into a virtual world has caused seemingly tricky challenges for teachers trying to figure out how to keep teens engaged and motivated. While retail can provide many skill-building benefits, OVOT teaches high school students life skills that are not traditionally taught in the classroom.

The next decade of brands will need to provide training programs relevant to the new generation of retail workers.

Retailu will donate 50% of all membership sales through February to One Voice One Team to launch this ongoing partnership. Retailu’s goal is to help 400 youth in Winnipeg attend the OVOT program this year. In addition to this, Retailu is offering special pricing throughout February to access the programs. Everyone was hit differently by COVID; however, being committed to making change happen means we all need to step up and participate. Learn how to get involved HERE.

In the last year, retail and schools were hit hard by COVID and the resulting lockdowns. Many first-time job seekers could not secure their first retail job and gain valuable life lessons and skills. Anyone looking to up-level their skills can get involved and support Retailu to reach the goal while investing in themselves. It is not enough to just know about the issues we are facing today. We need committed industry leaders to step up and support local initiatives like this that need us. Retailers can get involved through sponsoring or buying courses for their staff. (A percentage of which will directly impact many youths. Starting in Winnipeg, which has more black and Indigenous youth who will significantly benefit from this kind of program)

April Sabral is the Founder of Retailu. She can be reached at april@retailu.ca or LinkedIn

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