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Canadian Company TraffikFlo Creates Physical Distancing Traffic Management Platform to Help Retailers Manage Crowds

TraffikFlo logo posted in front of TraffikFlo lights in store window. Photo: TraffikFlo Facebook
TraffikFlo logo posted in front of TraffikFlo lights in store window. Photo: TraffikFlo Facebook

A Toronto-based company has created a physical distancing traffic management solution to help retailers manage pedestrian traffic in their stores.

Basically, like a traffic light on a roadway, the TraffikFlo app is connected to a sign that tells customers if it is okay for them to enter a store. The simple box, placed on storefront doors or windows, indicates to consumers whether they can either walk into the establishment right away (green light) or have to wait depending on store capacity numbers (red light).

Damian Wright, Founder, Owner and Creative Technologist at WXM, the company behind the app, said the sign itself is connected by Bluetooth and it can be controlled manually by an app on someone’s phone or tablet or through a web browser.

“It can be set up somewhere that is easily visible,” said Wright.

The sign is made out of cardboard, recycled materials, with a Go (green light) or a No (red light).

The concept was launched last summer. From the idea stage to when it was produced and manufactured, took about three months. Initially it focused on working with local retail stores ensuring the concept was up and running and working the way it should.

“The local consumers around us really loved it and they were singing its praises. What they really liked about it, and the feedback we were getting from the customers, was that it was just so simple for them to know that I could enter a store,” said Wright.

WXM has been in business for about seven years. The creative technology company has specialized in creating interactive technology for events and for advertising campaigns.

The innovative TraffikFlo app can be downloaded through either Google Play or the App Store and syncs via Bluetooth. Alternatively, the sign can also be controlled through a Chrome web browser at app.traffikflo.com. For added security, access is controlled through the app using a personal pin number.

The traffic system can be controlled through either Manual or Counter Mode. Counter Mode allows stores to input a max number of patrons within the store. As patrons enter, they add to the tally until the max number is reached, which will turn the display from green to red. As people leave, subtract from the total and the light will turn back to green. This is not an automatic system, but a useful alternative manual process.

“My idea was the mom and pop shop. They don’t want to be hiring security. They don’t want to be having to spend the extra money when things are so tough and they don’t want to have to spend extra salary on a person just to control the lineup here and there where it’s needed,” said Wright.

“With this sign, I made it for those small and independent stores. But what we’ve actually found is that a lot of other stores and other locations are interested. We’ve had security offices buy it. We’ve had a recycling plant in Kingston buy it. Any which way that they can help control people around them. Or control that flow of traffic which easily communicates to customers it’s safe to enter that space. I’ve even had people talk to me about having it in their work offices and spaces where people aren’t sure if they should be entering or not.”

The concept is being sold online and through Shopify throughout North America. Also word of mouth is helping spread the word about the innovative and simple but effective sign.

“It’s across the U.S. now but we’ve actually had people reach out to us in the UK. So now we’re looking at selling it in the UK. We’ve been talking to a company in France who would like to take it on.”

Wright sees the potential for other uses of the sign even when times return to ‘normal’.

“I do have a couple of ideas of where it could go. I think we’re going to be into social distancing for awhile. I’m focusing right now on making sure we can help the small retailers but I definitely think in the future, outside of the pandemic, it could have potential in other areas of business and also other areas of work. I’m working on developing those right now and I’ve got some really fun ideas for it,” said Wright.

Free Zoom Webinar on January 21 on Bill C-11 and its Implications for Businesses in Canada

Consumer protection, law and justice concept with man's hand holding magnifying glass.
Consumer protection, law and justice concept with man's hand holding magnifying glass.

On November 17, 2020, there was a sea change in the House of Commons that may affect how Canadian private companies, as well as brands doing business in Canada, collect, use, disclose, and store customer personal information.

Formally titled ‘An Act to enact the Consumer Privacy Protection Act and the Personal Information and Data Protection Tribunal Act and to make consequential and related amendments to other Acts‘, the legislation is also known by its shorter name, the Digital Charter Implementation Act, also known as Bill C-11. If passed into law, the bill would accomplish two goals:

  • Remove the data privacy protection sections from PIPEDA and put them into a dedicated customer privacy rights law, the Consumer Privacy Protection Act (CPPA);
  • Create a legal tribunal that would hear cases related to breaches of privacy, known as the Digital Privacy Tribunal.

Canadian private-sector privacy legislation has been criticized for not having the punitive powers that may compel companies to take customer privacy rights more seriously. This makes it difficult for Canadian consumers to seek legal recourse when their privacy rights have been breached, other than through the long litigation process. A prominent example is the Tim Horton’s incident from the summer of 2020, which is now the subject of a class-action lawsuit. Retailers have already been facing great privacy challenges due to the vast amount of information-sharing that has been necessitated due to the COVID-19 pandemic, and the introduction of Bill C-11 will hopefully provide additional guidance for retailers.

The CPPA will empower the privacy commissioner’s office to levy considerable fines upon companies who flout privacy law. It appears to be modeled on Europe’s General Data Protection Regulation (GDPR), and in particular the GDPR’s schedule of standard fines. The GDPR is generally considered to be the gold standard in global customer data privacy rights law.

At this time, Canadian privacy law has no set schedule of legislative penalties on privacy law violations. If passed into law, the CPPA will have two “levels” of fines similar to the GDPR, set at the following:

  • For more “run-of-the-mill” breaches relating to IT security failures, the CPPA fine is set at $10 million, or 3% of a company’s annual gross revenue, whichever is larger;
  • For more serious privacy breaches where the customer’s rights to privacy are seriously breached, companies may be fined $25 million, or 5% of a company’s annual gross revenue, whichever is larger.

These fines are not set in stone, as penalties for violating the GDPR have easily run into the hundreds of millions of Euros. Additionally, the amounts above are not capped, and the privacy commissioner would be empowered to levy additional fines similar to how a court of law determines damages. However, if implemented, Canadian data privacy penalties would easily become the most severe of any G7 nation. The penalties in the EU under the GDPR are already severe, such as a €50,000,000 penalty against Google France, and a €35,000,000 fine levied against H&M in Germany. Facebook has set aside an astonishing €300,000,000 in anticipation of a fine against them that may be levied in Ireland. Expect the CPPA to follow similarly in terms of levying fines.

The CPPA also creates new rights for consumers that were previously not available before. They include:

  • Greater transparency: Companies must be up-front and specific about the way they collect, use, and disclose customer personal information. They cannot obfuscate or bury critical information about how this is done in overly lengthy privacy notices that are difficult for the average consumer to read.
  • Algorithmic transparency: Companies must be able to demonstrate how the technology they use complies with data privacy law. They must also demonstrate the reason why data was used to predict, recommend, or make a decision, particularly as it relates to performing credit checks, creating customer profiles, and creating advertising.
  • The Right to Data Portability: This is a new right from the GDPR which allows customers to request all the personal information they give to a company and direct them to transfer it to another business, such as direct competitors. As the personal information belongs to the customer, businesses cannot object or deny a customer their right to data portability.

Although the overall purpose is to protect Canadian consumers’ right to privacy, the following are some of the other key objectives in Bill C-11:

  • To penalize companies that do not report privacy breaches;
  • To compel companies to create records of breaches;
  • To discourage over-collection and unnecessary retention of PI;
  • To prevent use of PI in ways that are privacy-invasive;
  • To prevent selling or disclosure of PI to other organizations without proper consents or legislative reasons for doing so; and
  • To discourage companies from silencing whistleblowers.

Kobalt, a Vancouver-based IT security company, will be presenting a free Zoom webinar on January 21, 2021, on Bill C-11 and its implications for businesses in Canada. The presentation will include an overall introduction to the legislation, from both the consumer’s and the business’s point of view. To register for the webinar, click here.

BRIEF: SEE Eyewear Exits Canada, LCBO Scores Coveted Corner Mink Mile Retail Space

Retail Insider Brief collage
Retail Insider Brief collage

SEE Eyewear Exits Canadian Storefront and Cancels Expansion Plans

Edgy and popular SEE Eyewear has shut its only Canadian storefront that was located at 153 Cumberland Street in Toronto’s Yorkville neighbourhood. The 812-square-foot boutique opened in November of 2017 and plans were in pace to grow the retail chain across Canada.

Urban locations were being targeted for SEE locations and Toronto’s Queen Street West was already being looked at for a second Canadian location according to Founder and Owner, Richard Golden, during an interview at the store opening. The expansion would have been carefully planned with Vancouver and Montreal being among the targeted cities for future locations.

SEE is still available to Canadians online according to a sign on the storefront noticed by Retail Insider over the weekend.

SEE, which stands for ‘Selected Eyewear Elements’, was founded in 1997 by optical pioneer Richard Golden with an aim to provide consumers with affordably priced, fashion-forward eyewear. The company’s prices encourage shoppers to create a ‘wardrobe’ of glasses, with a wide variety of styles available. In the Toronto store, SEE’s collection ranged from $199 to $599 for eyeglasses and include single-vision plastic or polycarbonate lenses. All sunglasses are priced at a reasonable $149 per pair.

The chain doesn’t appear to have grown a lot in the US since we first reported on it more than three years ago — in 2017 SEE had 40 stores and according to its website, there are currently 43 locations in the US only.

Rendering of The Manulife Centre Podium at 55 Bloor Street West
Rendering of The Manulife Centre Podium at 55 Bloor Street West

LCBO Secures Highly-Coveted Mink Mile Corner Storefront

(Note: a previous version mentioned CBRE, which was not involved in this particular deal)

The Liquor Control Board of Ontario (LCBO) has leased a more than 10,000-square-foot space on the street level of the Manulife Centre at 55 Bloor Street West in downtown Toronto. The coveted location is at the corner of Bloor Street and Balmuto Street in the renovated podium of the Manulife Centre which cost well over $100 million to renovate and features a 50,000-square-foot Eataly location that opened last year. The new location will replace a smaller LCBO store in the basement of Manulife Centre.

The previous tenant in that street level corner space at Manulife Centre was tableware retailer William Ashley, which in the spring of 2018 relocated nearby. In years past, iconic luxury multi-brand retailer Creeds occupied the Bloor-Balmuto corner.

Several more commercial spaces are available at the Manulife Centre which includes recently opened Shoppers Drug Mart and Over the Rainbow storefronts, as well as an overhauled Maison Birks flagship that we featured in the spring of 2019.

Corner of The Manulife Centre where the new LCBO is set to go. Photo: Craig Patterson
Corner of The Manulife Centre where the new LCBO is set to go. Photo: Craig Patterson

We’ll follow up on this story when more details are available — we might expect a premium liquor selection, given that the new LCBO store will face directly towards Holt Renfrew’s flagship store across the street.

Other recent tenants opening on Bloor Street include Hakim Optical at 66 Bloor Street West and a Bogner pop-up at The Colonnade at 131 Bloor Street West. Some prominent stores have recently closed on the street including The Gap, Banana Republic, Mulberry, Victorinox, MAC Cosmetics, and several others, with Club Monaco set to join them. A new set of tenants will eventually replace them as the Mink Mile sees something of a transformation.

The LCBO raised eyebrows in the spring of 2020 amongst landlords and brokers when the Crown corporation asked for rent breaks despite being declared an ‘essential’ retailer that was allowed to remain open during shutdowns. Some argued that such a government-owned business should not be asking private landlords for such a discount.

The North Face x Gucci collaboration. Photo: Gucci
The North Face x Gucci collaboration. Photo: Gucci

Gucci Opens North Face Collab Popup in Toronto and Customers Probably Won’t be Able to Visit

Gucci announced last week that it would open a select few The North Face x Gucci popup stores in North America, and Toronto’s Holt Renfrew store at the Yorkdale Shopping Centre is one of the locations. The popup opened last week and will operate until February 14th. With Toronto’s lockdowns of ‘non-essential’ retail extending into at least February 10th, customers will only be able to do virtual appointments, make telephone orders, and pick-up purchases curbside.

Toronto is one of only a handful of places in North America for The North Face x Gucci pop-ups. Other locations include at standalone Gucci ‘Pins’ storefronts in Brooklyn NY and in downtown Los Angles, as well as at the Gucci flagships in Union Square in San Francisco and on North Michigan Avenue in Chicago.

The North Face x Gucci collaboration includes a wide range of products, from windbreakers and fleeces to a series of bags and backpacks emblazoned with the new logo —The North Face has adapted its quarter-circle stamp, which pays homage to the famous granite Half Dome in Yosemite National Park, and now includes Gucci’s green-red-green stripe for the collaboration, which is 70s inspired.

Exterior of CF Promenades St-Bruno. Photo: CF Promenades St-Bruno
Exterior of CF-Promenades-St-Bruno. Photo: CF Promenades St-Bruno

CF Promenades St-Bruno’s ‘Marché des Promenades’ Adds New Merchants

Spring of 2021 will see new additions to the popular CF Promenades St-Bruno’s ‘Marché des Promenades’.

The 13,000-square-foot open exchange space continues to bring together the cream of passionate culinary craftsmen, producers, and restaurateurs from Quebec, Greater Montreal, and its surrounding agricultural regions. 40 additional merchants are set to join Marché des Promenades within the next few months, including Edward Smoked Meat, SAQ, Quai des Glaces, and LAPop.

Landlord Cadillac Fairview had originally announced its investment of $67.5 million in its CF Promenades St-Bruno shopping centre property to create a “market-style food hub” in mid 2019. With the goal off reinforcing the centre as a key destination for Montreal’s South Shore community, Cadillac Fairview officially opened the innovative space in late 2020, promising a “unique food, beverage, and entertainment experience”.

The market, which resides in CF Promenades St-Bruno’s former Target space, is all part of a much larger investment on the part of Cadillac Fairview, which has seen more than $175 million spent over the past several years on updates and expansions.

Hillcrest Mall lululemon popup store. Photo: Hillcrest Mall Instagram
Hillcrest Mall lululemon popup store. Photo: Hillcrest Mall Instagram

Seasonal lululemon Popup Opens at Hillcrest Mall

lululemon has opened a seasonal popup store in Richmond Hill’s Hillcrest Mall and now no one can visit it due to pandemic lockdowns. The pop-up could signal a permanent lululemon location eventually opening in the mall.

The popup store opened in December when in-mall shopping was still allowed under Ontario’s COVID-19 restrictions. As of recently, however, Hillcrest Mall is closed to the public and is only offering centralized and curbside pickup services for its shoppers.

The popup offers an array of lululemon’s favourite activewear, all of which can be browsed and purchased at shop.lululemon.com and picked up safely outside the mall.

Working with select retailers within the centre, Hillcrest mall is providing locals with the means to shop their favourite stores despite the current situation. Hillcrest are encouraging those interested to contact the retailers directly (online or by phone) and there is a list of participating retailers featured on the mall website. Once you have placed your order with the store, you will be contacted by email notifying you of your pickup time. All curbside pickups will be conducted at Entrance 4 of the mall.

lululemon operates 87 locations across Canada as of 2021, with 17 of those being seasonal stores.

To learn more visit hillcrest-seasonal@lululemon.com

Exterior of Eataly Toronto. Photo: Craig Patterson
Exterior of Eataly Toronto. Photo: Craig Patterson

Eataly Celebrates Turning 14 as it Marks a Year in Canada

Italian grocerant Eataly turns 14 this year and the popular upscale store is encouraging its shoppers to “Sale-a-Brate” with them. With up to 50% off hundreds of its favourite products through to February 7 and month-long offers and weekly popups, Eataly is hoping to celebrate its birthday in style this new year.

Available until Sunday, January 17, shop up to 50% off the following high-quality products:

  • Select Italian extra virgin olive oils & vinegars
  • Pecorino Toscano
  • IGP & Sicilian Pepato
  • Hearty winter greens & chicories, housemate sauces and seasonal fresh pasta

The hybrid grocery store opened its Toronto location in November 2019 in the city’s Yorkville neighbourhood. The introduction of the 50,000-square-foot, three-level Eataly location was met with considerable hype, with lineups every day for weeks post opening.

Featuring a grocery store, fresh market, four restaurants, and at least six bars, and coffee shops, Eataly has managed to weather the COVID-19 storm despite having to close its restaurants and bars during 2020.

Eataly Toronto partnered with Selfridges Group and Terroni Restaurants for its entrance to Canada, though Terroni is reportedly no longer involved with the Toronto concept. Eataly’s Canadian operations are partially owned by the billionaire Weston family, who also own Holt Renfrew, directly across the street from Manulife Centre.

Eataly Toronto is open for in-store shopping and is also providing online options at shoptoronto.eataly.ca or on Instacart.

Extended Ontario Lockdown Announcement Blasted by Association and Experts for Inequitably Harming Small Retailers: Interviews

An empty intersection at Wellington & Blue Jays Way in Toronto. Photo: Dustin Fuhs (January 10th 2021)
An empty intersection at Wellington & Blue Jays Way in Toronto. Photo: Dustin Fuhs (January 10th 2021)

The Canadian Federation of Independent Business has lashed out at the Ontario provincial government for once again failing to level the playing field between small business and big box stores such as Costco and Walmart.

On Tuesday, Ontario declared a second Provincial Emergency to address the COVID-19 crisis by issuing a Stay-at-Home Order and Introducing enhanced enforcement measures to reduce mobility. 

Non-Essential Stores to Open Only Between 7 a.m. – 8 p.m.

Among other measures it declared that all non-essential retail stores, including hardware stores, alcohol retailers, and those offering curbside pickup or delivery, must open no earlier than 7 a.m. and close no later than 8 p.m. The restricted hours of operation do not apply to stores that primarily sell food, pharmacies, gas stations, convenience stores, and restaurants for takeout or delivery.

Julie Kwiecinski, Director of Provincial Affairs, Ontario, for the CFIB, said the organization received clarification that big box stores that sell a full range of groceries are exempt and allowed to keep their current hours.

“Nothing is really changing for Walmart or Costco,” she said. “We’ve actually been working really hard on this issue to try and get government to see that they need to level the playing field between big box and small business,” she said. “They had that opportunity and they didn’t do it. 

“Let’s say I want to buy a book. Right now I have to buy that book by 8 p.m. if I want to buy it from a small retailer but I can’t go in the store. I could do it by curbside pickup. So I’m not allowed to go into that small business store. I can buy that book by curbside or pickup but I can only do it before 8. Yet if I want to buy that same book at Walmart I can waltz into the crowded Walmart store at 9, 10, 10:30 at night and buy the book. It is just not fair to small businesses and again the government had an opportunity to level the playing field. We’ve been working on this file for a couple of months because the holiday season that retailers rely on to make or break is now over.

“They had to make the sales in October, November, or December. And even now today you would think that the government would take the opportunity to level the playing field after all of the concerns that have been raised by small business and they chose not to. We are extremely disappointed in the Ontario government.”

To make matters worse, she said, the CFIB understands there are different rules for Amazon on retail delivery than smaller outlets. She said the organization was told that if a business wants to do a retail delivery after 8 p.m. it is okay for a restaurant but if there is delivery through a third party they must cease operations at 8 p.m. If the business does its own delivery like Amazon, they are allowed to deliver after 8 p.m.

“So once again the big guy Amazon wins. So I would say the score for today would be Goliath two David zero,” said Kwiecinski.

Dan Kelly, President of the CFIB, said no other province has locked down small retailers while handing huge competitive advantages to big-box stores.

“Incredibly, the Ontario government made the deep unfairness in lockdown rules even worse by implementing a new curbside pick-up and delivery curfew of 8 p.m. for small businesses, while exempting big box stores like Walmart,” he said.

“Walmart, Costco, and Amazon can continue to sell non-essential goods in-store or deliver them to Ontarians with no additional changes, but small retailers will not be allowed to hand a product to a customer outdoors or even deliver one after 8 p.m. How this will help stop the spread of COVID-19 is anyone’s guess.

“CFIB is also very worried that ineffective lockdown rules will now be applied to additional business sectors, like construction. We need to find a pathway to allow small businesses to safely reopen.”

Deserted street in Kensington Market. Photo: Dustin Fuhs (12 January 2021)
Deserted street in Kensington Market. Photo: Dustin Fuhs (12 January 2021)

Bruce Winder, author of RETAIL Before, During & After COVID-19 and President of Bruce Winder Retail said retailers that are not in the grocery, gasoline or pharmacy categories are most vulnerable now. 

“Within the vulnerable, those that do not have e-commerce or sell products or services that are not conducive to e-commerce will suffer the most,” added Winder. 

He said smaller retailers need to get online and offer delivery and/or curbside pickup, offer new innovative products or services that cater to consumer lifestyles during the pandemic, take full advantage of government subsidies, negotiate with landlords, lenders, and suppliers to defer payment or pay less to preserve cashflow, defer capital expenses or any other expense to preserve cash.

Winder said the future will see less stores, more warehouses/parcel pickup spots, cheaper store rents, more frugal consumers (except high end segments which are thriving), less competitors but those who remain become bigger, more work from home lifestyle goods, stickiness of e-commerce, lower mall traffic, the need to continue to offer safe/clean store operation protocols, higher insurance rates, and higher supplier costs.

Nothing is Changing for Big Box Retailers like Walmart, Costco, & Amazon

Gary Newbury, retail supply chain and last mile interim executive, said the future of essential businesses, particularly big box retailers, seems guaranteed as the government has allowed stores and supporting supply chain to remain open, subject to safety protocols and extra vigilance on lineups outside stores. 

“These networks have the scale of operations to prosper during this period and to drive excellence into online services such as home delivery, curbside and pickup in store. Although, on the inside, the staff must feel in a continued frazzled state, often covering for colleagues who are required to self-isolate, these businesses will continue to see record sales, record profits and cashflow, and no obstacles in their way from adjacent competitors, and continue on their transformational journeys to winning in the 2020s,” he said.

“The converse is true for those designated ‘non-essential’, within retail. As well as apparel retailers, the classic ‘mom and pop’ stores, and service businesses, often single store businesses will have been very unprepared for the first lockdown, invested in the safety protocols and then been forced to shut down on Christmas Eve, missing Boxing day/week sales and January clearance they would have been banking on to restore their cashflow and turn their inventory. They have a double whammy of a loss of big sales, and now being saddled with unsold inventory for potentially months. For many, they face a grim choice; to sink more of their personal capital into the enterprise to support home delivery, or simply lock up and hand over the keys to the bank/landlord.

“The most unfortunate situation is this; for many years some of these businesses were able to create strategies to compete with their larger competitors by specializing their proposition to the local community and offering personalized, friendly service. Now they face an incredible challenge as their former customers find equivalent products at mass merchandisers such as Costco and Walmart. Many will, justifiably, feel they have been let down by their government for not insisting essential retailers can only sell grocery and pharmacy supplies.

“For those businesses that quickly adapted themselves for e-commerce, maybe leveraging Shopify to accelerate their digital transformation, creating and implementing a clear differentiation strategy, and aggressively marketing themselves in the local community, they stand a good chance, through these digital investments, to continue to trade.

“In fact, they may have equipped themselves very well for when the economy reopens and economic growth can be contemplated.

“The tough decision is whether to labour on with the costly home delivery service and keep the majority of their staff employed or come to an arrangement with their landlord and close shop until the latest lockdown is lifted. Some do not have the cashflow reserves to do the latter and so they are forced into trading, even if this means cutting into profits, or worse CCAA (creditor protection),” he said.

“Overall, this latest development across Ontario will have a devastating impact not only on smaller retailers, their suppliers, and the wider ecosystem that supported them. It is hard to avoid suggesting the 10 months, and what is in front of us for small and mid-sized business, is nothing short of an apocalypse. Some of this effect may have already been in motion during 2018/19. Government intervention has certainly put the pedal to the floor on their unfortunate demise.”

Veteran retail expert George Minakakis, a global retail executive with over 25 years of experience, said lockdowns are not applied evenly or fairly.

“And I don’t understand how one thinks that reducing hours of operations at the retail level is going to help. That idea simply forces more consumers to go out during the shorter hours creating more crowds and traffic,” said the CEO of the Inception Retail Group. “Second, we should divide businesses into two categories: Demand in the form of needs versus wants. Those that will benefit later from pent-up demand. Hair salons, barber shops, dental, optometry will lose appointments initially, however most patrons and patients will return to fill those needs when they can. 

“Those whose revenue relies on filling immediate wants such as retail, restaurants, bars, movie theatres, conferences, and hotels. You don’t get back lost demand in these environments, it is usually lost. Both need the revenue to pay their expenses but the group that serves essential needs will bounce back faster, if they are good operators. Non-essential businesses that fill wants will have a tougher time rebounding and are the most vulnerable.”

Minakakis said there are two crises underway, a health crisis and within that a business crisis. Lockdowns unfortunately cannot be avoided given the current scenario. 

“At the end of the day those with the deepest pockets or strongest balance sheets have the means to ride this through, provided they are also leveraging government support programs,” he said. “Today, as in 2020, I would be working under the premise that this isn’t going to end anytime soon. The number one question all businesses should be asking is how long they can hold on? If you can be in the game for a year under these circumstances, you are in a good position. 

“With that said, then I would be employing a lot of grassroots (old school) marketing initiatives: Whatever your digital assets are, work them 24/7; Be visible and be engaging; If you have a customer database use it; Survival is about guerrilla marketing warfare, this will be like working in the 1960’s with e-commerce; Collaborate with other businesses where you can and create an environment where all can benefit from a pseudo co-op; Conduct all levels of marketing even if email or flyers is all you can do. Do it; Be prepared to personally deliver to customers if your business calls for it; With delivery or curbside, if you can afford to, throw in a surprise with the order. Customers will appreciate it and will remember it. But be consistent about it; Above all demonstrate proper care hygiene, wear masks, social distance, and no heroics like secretly cutting hair at someone’s home; and  Conduct scenario planning. We are in a fluid situation and be prepared to change direction.

Minakakis said he hopes that everyone has learned retail street fighting skills through this pandemic. 2021 is the year to focus on improving an organization’s culture, on building agility and resilience.

“Further develop your digital assets. The vaccines may be coming, but don’t count on anything being normal this year or next,” he said. “Create a hybrid model for your business. That means be better at both physical and virtual retail simultaneously. The days of mono business models are over. In Asia independent and mid-sized retailers remained sound during their outbreak because they could easily shift to e-commerce.

“2022 will be a year filled with a lot of competitive fighting to make up lost ground, be prepared, it will be ruthless to gain back share. The future after 2022 will be powerful and exciting. It will be the roaring Twenties but keep in mind that things will be moving faster, everyone will be pursuing technology. I expect stores to be investing in virtual experiences as should malls and department stores. Once consumers emerge from this pandemic, if retailers want to draw them back it will be all about an experience of entertainment value, and not the ones with just subtle niceties. This means it must be technology driven and engaging.

“The other aspect of the future we have been observing during the pandemic is consumers will be looking for and want more leisure time. The shift to work from home is not going away. That means delivering “convenience” should be looked at as a service to improve on continuously, and you need to own every detail outside your store or distribution centre.

If you are an independent, join up with a similar business and hire an advisor. Mid-sized businesses should have an advisory board (but filled with experts with diverse backgrounds). This will help you prepare for many unintended scenarios and a fast-moving future. Finally, this pandemic has taught us that life is precious, don’t waste it just browsing…live it! Consumers will be back!!”

Lightspeed Revolutionizes Supply Chain of Independent Retailers with Launch of Supplier Network

Lightspeed Supplier Network
Lightspeed Supplier Network

Lightspeed, a leading provider of cloud-based, omnichannel commerce platforms, has today announced the initial availability of the Lightspeed Supplier Network for North American retailers. The launch of the fully-integrated stock ordering solution is set to transform supply chain management for SMBs by democratizing access to the strategic inventory visibility once reserved predominantly for enterprise retail and eCommerce giants.

As the global COVID-19 pandemic continues to place pressure on supply chains in 2021, this direct integration between businesses and brands provides merchants with an automatically updating supplier catalog system, easy order management tools, and automated shipment handling directly within Lightspeed’s cloud-based platform. Lightspeed’s Supplier Network enables SMBs to more easily adopt a demand-focused inventory model to remain nimble, placing independent businesses on equal footing with large chains while providing suppliers access to a ready-to-buy customer base and real-time sell-through data. 

“Connecting SMB retailers directly to their suppliers through the Lightspeed Supplier Network is nothing short of revolutionary. This new tool enables independent businesses to discover new products, more easily sell online and make better use of their capital to strategically increase order frequency,” said Dax Dasilva, Founder and CEO of Lightspeed. “The disruption of 2020 cemented the need for SMBs to use technology to remain agile and the Supplier Network is deeply in line with Lightspeed’s mission to strengthen their operational resilience.” 

“With the growing demand for bicycle-related products and supply being lean, product curation and inventory visibility are key to success for SMBs,” said Charles Bisaillon, Retail Success Leader for Specialized Bicycle Components. “The direct integration our brand has with Lightspeed creates an ecosystem that ensures our retailers have full visibility of Specialized products to satisfy that growing demand, a critical capability in 2021.” 

Key Advantages of the Lightspeed Supplier Network: 

  • A harmonized marketplace. Provides the same direct supplier access and inventory visibility as the big box stores, easily managed through a single platform. 
  • Automates manual ordering and consolidates supplier portals in the POS. Improves transparency of when a shipment will arrive and what goods will be included, shortening the receiving cycle and getting items into consumers’ hands more quickly. 
  • Makes new suppliers and products more discoverable. Product details, including photos, are imported into the POS with a click of a button, eliminating a barrier to selling online. 
  • Increases control of supplier branding. Easy import workflow for retailers ensures merchants are using brand-approved names, product descriptions and high-quality imagery. 
  • Provides suppliers aggregated and anonymized sell-through data in real time. Brands are granted unprecedented visibility of goods sold by independent merchants.

The Lightspeed Supplier Network will be initially available for retailers in the Bike, Outdoor Sport, Jewellery, and Pet verticals. For more information and to become part of the growing marketplace, please visit www.lightspeedhq.com/partners/supplier-network.

On social media: LinkedinFacebookInstagramYouTube, and Twitter

*Partner content. To work with Retail Insider, email: craig@retail-insider.com

The Unintended Consequences of a Pandemic and the Planning of a Retail Recovery: OpEd

Business center closed due to COVID-19.
Business centre closed due to COVID-19.

By George Minakakis

Defining businesses as essential or nonessential was an honest attempt to protect the public from the pandemic. However, it was a decision that has taken market share from large to small businesses deemed nonessential. One such example is the apparel sector; it was already floundering in performance. According to Mckinsey & Company, they expected sector profit to drop by 93% during 2020. Of course, restaurants, malls, travel, cruise lines and airlines, hotels, conventions, and banquet halls, to name a few, all have taken an enormous hit from the pandemic. The question is, how long can they hold out?

E-commerce has never been healthier, at least for most operators. Of course, retailers labeled essential have not been sitting idle either. They are no doubt investing in protecting their market gains. Today essential businesses need innovation to ensure they can keep their newfound market share. The grocery sector is one of those crucial retail benefactors. Loblaw plans to launch an autonomous delivery fleet. Sobeys with Voila home delivery is already on the road. It’s my view that the pandemic sales growth essential businesses have gained will only be as sustainable as their technology and digital capabilities to execute and deliver convenience.

Disruptive innovation will continue to shake up and redefine the retail landscape. It’s a simple strategy, identify outdated business and consumer models with poor service and product offerings, invest in technology, innovate, simplify, and deliver greater convenience, which at a basic level is disruptive innovation.

The vaccine raises hopes for a business resuscitation, but that may be a lot slower than we anticipate. The vaccine rollout targets to have at least 50-70% of the population vaccinated by September 2021. That is if there are no delays. Secondly, polls early in the pandemic and more recently indicated consumers would wait months post-vaccine. A poll I held in November suggests that 16% will wait six months and 31% up to 12 months post vaccine before returning to everyday shopping habits. If that holds, that means recovery may not begin until the first or second quarter of 2022. Either way, the vaccine doesn’t eradicate the virus; it protects us from it; for businesses, that spells pervasive uncertainty around how soon consumers will return.

Also, too much of the plan for a recovery has been on the $90 Billion or more Canadians have saved. Decoupling consumers from their savings may not be that easy, at least not for middle-class consumers, those saving for retirement or homes. The pandemic has also created a sense that we already have enough as we watch the numbers climb. The public is harbouring a wait and see opinion around the vaccine and returning to their past behaviours. They see businesses closing, the job market is being impacted, and continued implementation of technology. In every downturn, there have been irreversible changes that take place. Companies have always looked to technology investments to improve productivity, which generally displaces workers. In the last 12 years, we have had the financial crash, the great recession and global quantitative easing, a trade war, and now a pandemic. A December CBC poll suggests there is apprehension around the vaccine with when the public will take it and whether or not they will line up for it.

Pandemic Was a Catalyst for E-Commerce but Convenience Is a Consumer Driven Catalyst

What retailers need to consider is that “convenience” will continue to dominate consumer choices. However, we need to lessen our reliance on convenience as solely an experience at physical stores. Retailers need to think of convenience relative to what it means to a consumer’s free time and what they choose to do with that free time. Convenience, whether ordering online and having it delivered or curbside pick-up thanks to the pandemic, is here to stay. We need to appreciate that consumers have been moving towards e-commerce much faster since 2007, not just because of lower prices or home delivery, but because their own leisure time is more important to them and technology has made that possible. Convenience must be seen as a service with just as many touch points to deliver a brand experience. This isn’t to suggest that the future of stores is over. Not at all, however, store visits need to be far more exciting. And the retailers of those stores will need to deliver an exceptional experience that’s personalized and customized. Not to forget, everyone needs to move much faster towards building that hybrid model. A sudden rebound to shopping in person is not immediately likely. After all, where would we go? Malls have a lot more closed stores and retailers are looking to shrink their store counts.

China’s Rebound Is not a Physical One

The recovery in China is clouding our perceptions of what a rebound will be like and the future of retail. First, in the west, media is not state controlled; the reporting is as free as the writers are to voice their opinions. Their reports on the pandemic are ever-present 24/7. I lived in China during the financial crash and while the government was reporting increases in retail growth, thousands of people were losing their factory jobs. We don’t know about the accuracy of retail growth in China, consumer behaviour, nor how well the virus is under control. Secondly, if we look closer at Chinese e-commerce, it has been more widely accepted. The pandemic shift wasn’t tricky for merchants; many had already adapted to more hybrid models. China is an excellent example of what the future of retail could be. However, their path through the adoption of technology and consumerism bypassed many technological development hurdles than what we in the west have gone through. For the west to move where China is today with e-commerce, we would have to be willing to give up many of our past consumer behaviours. We’ve done a fair bit already with the pandemic. Retailers in the west who have vision will invest heavily in digital assets, including AI and robotics, within their physical stores. And create a new experience, there is no choice. Our culture will remain with stores for some time, but it will not survive as it is today.

Plan for the Future State of Retail

The pandemic has left consumers with concerns. Unless there is confidence and trust a rebound will be a challenge in all countries.

I would like to see retailers and other business operators planning based on scenarios (if this, then that, approach) especially when in crisis mode. Retailing is in a crisis within a health crisis. Planning needs to consider the state of the emergency monthly and build agility into all plans, as it is the only way to maintain resilience.

What are the scenarios? What I have learned as a board director that the best approach to resilience is to have the courage to forecast the unimaginable, every other plan becomes easy.

For example:

2021 – is the year of vaccines, plan for soft volumes, closures, continued social distancing and masks. This is also the year of rebuilding resilience and agility into the business culture. If you don’t have enough internal management capabilities contact an advisor.

2022 – be prepared to launch creative and innovative strategies planned in 2021. It will be a better year provided 2021 goes to plan on vaccines. However, it will not be quite back to 2019 revenue levels. Consumers need to catch up. That will take more time.

2023-2025 – Rethink your brand and the industry. Don’t follow a wait and see approach. That’s what happened to others with e-commerce and social media. It would be best if you reimagined the future. Stores and e-commerce need to come to life. Where we are today will not do. I would be building stores with a technology experience AI and robotics with human service ambassadors.

Based on my experience in recovering from a business crisis, leaders need to plan 2021 and 2022 together; planning for 2021 alone is not a reliable tactic. We may only need 70% to achieve herd immunity. Still, we need pretty close to 100% participation in the economy for a recovery to benefit all businesses to pre-pandemic levels. Therefore, predicting a rebound’s timing with conviction around the vaccine alone is a stretch.

Retailers should continually upgrade and improve their e-commerce platforms and all other digital assets. Digital assets need to be refreshed more frequently than even a store front especially in keeping up with social media as a marketing channel. Also start wrapping your minds around live-streaming. Retailers also need to personalize and customize that e-commerce transaction and experience. The problem is that once your product has left your store or your distribution centre, it is no longer about your brand. The only way to change this, and I have said this to the luxury sector, is to ensure that when your customer receives the package your brand needs to come to life again. Otherwise, that opportunity to sustain a brand relationship diminishes.

What’s potentially the most significant unintended consequence of all? The emergence of the leisure society between 2025-2030, we’ve already had a taste of convenience with the pandemic and it will accelerate as all retailers get better at it. That leisure society will usher in new business opportunities we haven’t yet considered.

George Minakakis is the CEO of Inception Retail Group Inc. The author of The Great Transition The Emergence of Unconventional Leadership.

Online Pharmacy Aims to Disrupt Retail with Next Day Delivery

EasyDrugs delivery service. Photo: EasyDrugs Facebook
EasyDrugs delivery service. Photo: EasyDrugs Facebook

A group of British Columbia pharmacists has launched a new online drug store called EasyDrugs to provide free next day delivery of prescriptions and health products throughout B.C.

There is also the opportunity to have real-time virtual pharmacist consultations as well as by phone or by email or text messaging.

“The idea for this and starting the development began really near the beginning of the COVID-19 pandemic in Canada. So back in March, April. There was this heightened and more urgent sense of a need to allow patients to be able to receive their prescriptions without leaving their home,” said Dr. Afshin Khazei, medical advisor and partner with the company.

The concept was created by a group of experienced, licensed pharmacists in B.C. who saw the need to accelerate the development of a next-day delivery of an online pharmacy for British Columbians in all corners of the province.

EasyDrugs delivery service. Photo: EasyDrugs Facebook
EasyDrugs delivery service. Photo: EasyDrugs Facebook

“That’s the initial idea that rose out of COVID-19 and the fact that people were encouraged not to leave their homes, but also there is a certain amount of fear, particularly in older patients, and older patients of course are those who often have more prescriptions that are more a critical need to make sure there are no interruptions in their prescriptions,” said Khazei.

“But beyond that kind of initial need for convenience and safety during isolation, we saw an opportunity to build in some innovative features into the app that are actually going to promote safety and quality around prescription use. It’s sort of beyond convenience and moving on to trying to use technology and innovation to actually improve safety and quality.”

The new service provides a single online system to make it easier to talk to a pharmacist, easier to order, reorder, and transfer prescriptions — and easier and quicker to receive them.

EasyDrugs operates via a website and smartphone app to connect people to their pharmacist and their prescriptions while also providing family members and caregivers the ability to manage the prescriptions of others, reducing needless visits and trips to the pharmacy.

The new service also features direct billing service with insurance providers and no cost shipping.

The service is available throughout B.C. but the vision does exist, said Khazei, potentially rolling out the idea to other parts of the country.

EasyDrugs delivery service Instagram post
EasyDrugs delivery service Instagram post

“We see a need for this across Canada but we want to make sure that we demonstrate excellence within the B.C. landscape first and then from there would scale up to go across Canada,” he added.

“I think there’s different reasons why different demographics would use it. The seniors would really come to mind immediately because it eliminates the need for a trip to a physical pharmacy, having to park, wait in the physical space for a prescription to be filled, and then driving home. So that convenience and some elements of safety in the context of a pandemic.

“But then when you look at some of the safety features once you create your profile it will save your medication prescription history and keeps it all on a consolidated medical profile. So that if you’re visiting multiple doctors or seeking care in an emergency department or ambulance visiting you, or you’re travelling outside of Canada, you can show whoever is looking after you, your current medication. This reduces the risk of preventable, adverse medication interactions if the care provider has full knowledge of your profile. You then can also enable family members, your physician, your nurse, other care providers that are in your circle of care, with your permission to co-manage your medication account. So they could help with things like doing refills and they also could help with communicating what you’re on. Really in essence it helps to co-manage and keep everyone on the same page.”

Another interesting element, he said, is the ability to enable text reminders which would send people a text at the time of day when medications need to be taken.

“It addresses a very common issue in medication use which is compliance. We know that a significant number of patients don’t remember to take their medication on time or even take it at all.”

Retail Photo Tour: Oshawa Centre in Oshawa Ontario During COVID-19

Oshawa Centre - Photo by Norman Katz, Maple Leaf Displays

Retail Insider continues its Photo Tour series of Canadian malls to provide a window into shopping centres which may be less frequented lately due to the COVID-19 pandemic.

This edition takes us to the Oshawa Centre, the largest mall in Durham Region and the largest in Ontario east of Toronto with 215+ retail stores and public services.

History of Oshawa Centre

Oshawa Centre opened in 1956 as a shopping plaza before being enclosed in 1968. In 2016, Ivanhoe Cambridge opened a $230 million renovated and expanded wing of the mall, which added 60 stores to the mall footprint.

There’s a future expansion coming, but our goal is to share a current walk through of a December 2020 tour during the COVID19 pandemic.

Google Map of Oshawa from Toronto with Oshawa Centre Highlighted

Above: A map showing the location of Oshawa Centre, which is the largest shopping centre between Scarborough Town Centre to the west and CF Rideau Centre way over in Ottawa.

Oshawa Centre Leasing Map (Level 1) November 2020 Ivanhoé Cambridge
Oshawa Centre Leasing Map (Level 2) November 2020 Ivanhoé Cambridge

Oshawa Centre is going through a construction phase, which will provide additional brands, services, and customer experiences to enhance the shopping enjoyment. In 2017, the second phase of construction started, with an additional 60,000 square feet of redeveloped space including the old food court area and adding new stores.

December 2020 Walk-Through

Friend of Retail Insider, Norman Katz of Maple Leaf Displays, had an opportunity to stop into Oshawa Centre mid-December 2020 in order to share the sights of what the mall looks like during the COVID19 pandemic. The mall was remarkably busy, as explained in the Toronto Star on Sunday: “Oshawa Centre has perhaps never seen so many Toronto shoppers as it did in the week before Christmas, when 13,409 Torontonians descended on the mall — a 155 percent increase compared to the same week last year”.

We want to provide historical context to these images, as they were taken prior to an upcoming 28-day lockdown in the province of Ontario beginning December 26. In a traditionally busy holiday season, you’re going to see social distancing and masks.

Oshawa Centre Entrance Two. Photo: Norman Katz/Maple Leaf Displays

The tour begins at Entrance 2 of Oshawa Centre near the mall’s normally busy Tim Hortons location.

A large Aritzia store at Oshawa Centre. Photo: Norman Katz/Maple Leaf Displays

A large Aritzia store spanning 5,684 square feet is located across form the mall’s Uniqlo location.

UNIQLO Oshawa Centre. Photo: Norman Katz/Maple Leaf Displays

We reported on the UNIQLO opening back in 2019, which added a 12,200-square-foot location to the centre in between Zara and Victoria’s Secret.

Lululemon. Photo: Norman Katz/Maple Leaf Displays

The crowds were thick before Christmas Day at Oshawa Centre, including in front of the popular Lululemon store.

Zara. Photo: Norman Katz/Maple Leaf Displays

Zara operates a 26,350-square-foot one level store in the mall featuring a whopping 440 feet of mall frontage on three sides, the most of any Zara store in Canada.

Danier and Browns Shoes. Photo: Norman Katz/Maple Leaf Displays

Danier leather, which was relaunched in 2016 under new ownership, continues to operate a handful of stores across Canada including the Oshawa Centre location. Iconic Montreal-based Browns Shoes, which has stores across the country under the Browns, B2 and Browns Outlet banners, also has an attractive store in the mall.

Bonlook. Photo: Norman Katz/Maple Leaf Displays

Montreal-based optical retailer BonLook has been opening stores across Canada over the past several years. The value-priced retailer is competing against other national and international chains that are also offering prices lower than we’ve seen in years past amid disruption.

Garage, Torrid, Guess, Champs. Photo: Norman Katz/Maple Leaf Displays

More retailers at Oshawa Centre include Dynamite-owned Garage (which filed for creditor protection last year), women’s plus-sized retailer Torrid, Guess, and Champs Sports.

Food Court at Oshawa Centre. Photo: Norman Katz/Maple Leaf Displays

The mall’s attractive food court, which was updated during the mall’s multi-million dollar renovation, was quiet amid restrictions prior to the full lockdown of Durham on December 26.

NYX Cosmetics. Photo: Norman Katz/Maple Leaf Displays

The NYX Cosmetics brand announced in November 2020 that they would be pulling out of Canada. Reitmans, located next to it, is also undergoing a restructuring amid challenging times.

Hot Topic, Call it Spring. Photo: Norman Katz/Maple Leaf Displays
WLKN and Journeys. Photo: Norman Katz/Maple Leaf Displays

Montreal-based youthful fashion retailer WLKN has a store at Oshawa Centre. The company has six stores including Oshawa Centre, Vaughan Mills near Toronto, Upper Canada Mall in Newmarket north of Toronto, CF Carrefour Laval near Montreal, Promenades Gatineau near Ottawa, and Carrefour de l’Estrie in Sherbrooke Quebec.

Photo: Norman Katz/Maple Leaf Displays
Photo: Norman Katz/Maple Leaf Displays

We had a very interesting photo walk around the Oshawa Centre, and we hope you enjoyed coming along with us. Don’t forget to check out the other in-depth photo tours that came out at the end of 2020.

Alberta-Based KORITE Emerges From Creditor Protection Under New Ownership with Plans for Expansion

Calgary-based KORITE International, a leading producer of Ammolite jewellery and gemstones, has emerged from creditor protection under new ownership.

The company, which has more than 90 percent of the world market of Ammolite, with 90 percent of customers residing outside Canada, is poised now for expansion and growth.

David Lui
David Lui

David Lui, the company’s CEO and President, said KORITE is now well positioned to fulfill the continuing demand for its Ammolite jewellery, gemstones, and Ammonite fossils, as the new ownership group is led by Clear North Capital Holdings Inc. (Clear North) in partnership with Lui.

Clear North, based in Calgary, is focused on private equity.

“We are very pleased with the outcome of the CCAA process,” said Lui. “We are grateful for the ongoing support of our employees, customers, vendors, landlords and shareholders, and we are excited to start the next chapter in KORITE’s 40-year journey. We have repositioned ourselves as a more efficient business and better able to serve our loyal customers in today’s environment.”\

KORITE Ammolite and Ammonite is mined in Alberta in the Lethbridge area, which is home to the highest-grade deposits of Ammonite fossils and Ammolite in the world.

“While Ammonite fossils are found on every continent, only in southern Alberta are they found with the distinctly bright, beautiful and iridescent colours that make it so rare, exotic and precious, dating back approximately 71 million years,” explained Lui.

“Down in Lethbridge, it’s the only part of the world where you will find the fossil with this colourization of the shell of the Ammonite. We’re not entirely sure why but it’s due to the mineralization, the shift in tectonic pressures in the earth. The shell in the Ammonite produced colours. It’s very colourful. It’s all organic. Ammonite is the shell. Fragments from the Ammonite are called Ammolite. So Ammolite is a product from the Ammonite in the mining process. When it was discovered, the mining team thought we could use these chunks from the mining and actually turn them into artifacts, turn them into jewellery, collectables. We have multiple different categories and it’s not just jewellery. It’s everything from what we call large art pieces like decor, home decor, art and collector pieces. Hand held specimens. Then jewellery is another subsection which can be turned into designer using gold, silver, higher end fine jewellery pieces that are set into gold and silver.”

KORITE said Ammolite was officially designated as a naturally occurring precious gemstone by The World Jewellery Confederation in 1981.

KORITE’s products are sold in more than 140 retail locations around the world, primarily in North America. The Ammonite and Ammolite is also sold in about 22 countries.

“We’re not bricks and mortar. We rely from a retail perspective on our wholesale jewellers and our online presence,” said Lui, adding that physical stores are not in the plans but the company does have shop-in-shops in several other jewellery stores and duty-free stores branded as KORITE.

The company filed for protection under the Companies’ Creditors Arrangement Act at the end of June 2020. As of December 18, it emerged from CCAA under new ownership. Lui partnered with Clear North Capital in acquiring the business.

“We believe that exceptional opportunities are available in several core and emerging market segments for the ultra-rare KORITE Ammolite, and we look forward to bringing this Canadian and specifically Alberta treasure to consumers globally,” said Cody Church, Founder and CEO of Clear North Capital.

Lui said the financial backing from Clear North Capital saved the company from bankruptcy and there is a commitment to rebuild the business, rebuild the reputation of KORITE.

“KORITE has a strong reputation. A 40-year reputation. Frankly, we think of it as a 40-year-old startup. Some of our traditional channels were impacted and that’s why we had to file for CCAA. Tourism, cruise ships, retail, Asia were highly impacted with the COVID-19,” said Lui.

“Our commitment as part of new ownership is a shift to online. A more direct to consumer approach. Or direct to consumer thinking. Growth in online. Bringing the beauty of Ammolite to consumers around the world. Telling the story of Ammolite to the world. Where the gemstone came from. It’s actually Canada’s treasure. You could almost say it’s Alberta’s gemstone really.”

BRIEF: Stores Shutting in Vancouver ‘Luxury Zone’, Bizou Shutting 30% of Boutiques

Retail Insider Brief collage
Retail Insider Brief collage

Stores Closing in Downtown Vancouver’s ‘Luxury Zone’

Exterior of Versace store in Vancouver. Photo:  Montecristo Magazine
Exterior of Versace store in Vancouver. Photo: Montecristo Magazine

Two notable stores in downtown Vancouver’s ‘Luxury Zone’ will be closing this month. Versace, which has had a boutique presence in Vancouver for 34 years, will shut its standalone storefront on Thurlow Street just off Alberni Street. Crafting retailer Michaels, which has occupied a 15,730-square-foot space at 1022 Alberni Street for almost a decade, will shutter this month as well.

The 1,875-square-foot Versace space will be occupied by Thom Browne as reported in Retail Insider this week. It’s not yet known if the Michaels space has secured a tenant, though for years brokers have toured retailers through the space. A representative with Burberry noted the awkwardness of the Michaels space on Alberni Street which features a small main floor lobby and retail space with an escalator to a second level spanning more than 13,000 square feet. A large Brooks Brothers store is located downstairs from Michaels.

Prior to being tenanted by Michaels and Brooks Brothers, the two-level space was occupied by an Aldeasa duty free store. The store shut amid litigation following the removal of a tour bus parking space in front of it.

When Michaels opened on Alberni Street in 2012, some were scratching their heads at the move. Alberni Street was on a trajectory to become a luxury strip with Tiffany & Co., Hermes and Louis Vuitton anchoring the Burrard Street end of the street while Burberry had moved to the base of the Shangri-La Hotel at Alberni and Thurlow Streets. Other luxury brands have since moved into the area.

Michaels store at 1022 Alberni Street. Photo: pci-group.com

More changes could come to Vancouver’s Luxury Zone as German womenswear brand Escada struggles financially. At the same time, the small size of the Luxury Zone and interest from brands in the past could see new luxury names move into the area. The Luxury Zone could also be extended along Thurlow Street south of Robson Street as one development is planning a retail galleria that sources say will target luxury brands such as Chanel.

Retailer Bizou to Shutter 30% of its Stores

Exterior of Bizou store. Photo: Bizou
Exterior of Bizou store. Photo: Bizou

Quebec-based jewellery and accessories brand Bizou will shutter almost 30% of its retail locations, according to a French language report in La Presse this week. A total of 24 of the company’s 85 stores will be shut by the end of this month which will result in more headaches for landlords having to lease vacated spaces.

Bizou has almost $9.5 million in liabilities and Bizou International filed for bankruptcy in the fall of 2020. Lower rents have been negotiated (some percentage rent deals) and stores slated to close permanently will begin to do so next week. The article in La Presse states that even more Bizou stores could close.

Bizou’s losses are also related to Bizou’s exit from France in 2019 according to La Presse. Bizou’s creditor protection extends to February 3 and a line of credit from RBC is available until the end of March.

In 2015 we reported that Bizou was looking to operate between 250 and 300 stores in Canada and that a franchise parter was being sought for the western provinces.

Bizou’s stores are located primarily in Quebec with several other units in Ontario and the Maritimes. The stores set to close include: Galeries d’Anjou – Carrefour Laval – Center Eaton – Place Sainte-Foy – Galeries du Vieux-Port (Matane) – Place Donnacona – Center Alma – Carrefour Saint-Félicien – Plaza d’Alma – Carrefour Jeannois (Roberval) – Le Village (Baie-Saint-Paul) – Carrefour Gaspé – Place du Havre (Chandler) – Carrefour Assomption (Edmundston, New Brunswick) – Le Rond Point (Tracadie-Sheila, New Brunswick) – Bathurst Mall (Bathurst, New Brunswick) – Confederation Court Mall (Charlottetown, Prince Edward Island) – Corner Brook Plaza (Corner Brook, Newfoundland and Labrador) – St Laurent Center (Ottawa, Ontario) – Georgian Mall (Barrie, Ontario) – Masonville Place (London, Ontario. Stores already closed include: Place Charlevoix, La Malbaie – Rue Saint-Jean (Old Quebec) – Place Versailles (Montreal).

Heartland Town Centre Celebrates the Addition of Venture X

Exterior of Venture X-Heartland. Photo: Venture X
Exterior of Venture X-Heartland. Photo: Venture X

Mississauga’s premier outdoor big-box shopping centre has welcomed co-working company Venture X-Heartland to its lineup. The co-working and private office space is now the largest shared workspace in Mississauga and promotes itself as “the future of workspace”.

Located right next to the 401, at 600 Matheson Boulevard West in unit 5, Venture X-Heartland is the third Venture X space to open in the city. It offers everything one would need to run a business under one roof, including fully-equipped conference rooms designed for executive meetings and staff training, a private lounge area for team meetings, and private offices available for daily, weekly, and monthly use.

Venture X–Heartland is the perfect place to do business in the GTA, providing users with easy after-work-access to amenities such as restaurants, groceries, and shopping.

Suitsupply Outlet Offers Access to 2020 Collections That Didn’t Get a Fair Chance

Suitsupply 2020
Suitsupply 2020

Due to the unprecedented happenings of 2020, Suitsupply has launched an online Suitsupply Outlet — an opportunity the brand is calling a ‘once in a century’ occurrence. And since this year’s inventory didn’t get a fair chance, the brand has decided to add pieces from its newest collections to the outlet offerings.

The outlet went live on December 26th and is only available within Canada.

Update: Outlet inventory went very fast and the outlet closed on December 31st 2020.

Toronto’s First Zero-Waste Coffee Shop Opens on the Danforth

Interior of the Poured Coffee shop. Photo: Google
Interior of the Poured Coffee shop. Photo: Google

Toronto now has its first zero-waste coffee shop. Poured Coffee doesn’t use paper cups, containers, napkins or disposable products and instead serves its coffee in reusable cups.

Located at 2165 Danforth Ave, Poured Coffee shares its space with The Re Space — a community-based store offering a full range of sustainable products including bamboo toothbrushes and organic beauty products.

The initiative was started by entrepreneur, Mira Vuletic, who’s passion for coffee, owning her own coffee shop, and reducing Toronto’s contribution to landfills amalgamated to create Poured Coffee.

Since there are no paper cups available, customers are encouraged to bring their own travel coffee mug. For new customers who might’ve missed the memo, there’s the “Ugly Mug Library”, which includes a collection of donated mugs that are given as to-go cups. Alternatively, you can purchase a MiiR travel mug from the RE Place store with your coffee and get your next two drinks on-the-house.

Thierry Opens Second Vancouver Location

Exterior of new Thierry store in Mount Pleasant, Vancouver. Photo: Thierry Facebook
Exterior of new Thierry store in Mount Pleasant, Vancouver. Photo: Thierry Facebook

Thierry Mount Pleasant has opened its second location in Vancouver at 265 East 10th Avenue, just off Main Street and Kingsway Avenue.

Despite the current state of retail in Canada, Thierry successfully opened its second location just in time for the holidays. The chocolaterie, patisserie and cafe is known for its artisanal chocolates and classic French pastries by Chef Thierry Busset.

Widely regarded as one of North America’s finest pastry chefs, Busset has received rave reviews over the years from notable publications, such as Vancouver Magazine. Chef Thierry has focused the experience he gained from his multiple award-winning successes to open the first Thierry Cafe where he shares his dream of showcasing art through the science of patisserie. Thierry’s original location can be found at 1059 Alberni Street in downtown Vancouver.

Thierry’s Mount Pleasant location is open Monday – Sunday from 8am – 10pm.

Hillcrest Mall and Others Launch Centralized Pickup Service Amid Third Lockdown

Exterior of Hillcrest Mall. Photo: Hillcrest Mall
Exterior of Hillcrest Mall. Photo: Hillcrest Mall

Hillcrest Mall is the latest Oxford Properties mall to launch its centralized and curbside pickup service in the wake of a third lockdown in the Greater Toronto Area.

Working with select retailers within the centre, the Richmond Hill mall is providing locals with the means to shop their favourite stores despite the current situation. Hillcrest are encouraging those interested to contact the retailers directly (online or by phone) and there is a list of participating retailers featured on the mall website. Once you have placed your order with the store, you will be contacted by email notifying you of your pickup time. All curbside pickups will be conducted at Entrance 4 of the mall.

Other Oxford Properties malls, Yorkdale, Square One, and Scarborough Town Centre, are also supporting retailers by creating designated curbside and store front pickup locations for stores adapting quickly during this retail period by offering e-commerce or phone order fulfillment. Customers can visit the Yorkdale, Square One, and Scarborough Town Centre websites to see what stores are offering specialized services.

Lists of participating retailers should be consulted before planning purchases as the information is being updated in real time, said the company.

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