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The New Values of Retail in Canada: Sustainability, Inclusivity and Meaning

Image: Getty

Today’s retailers are recognizing that they are pillars of their communities. Their influential voices and platforms are making retailers leaders of the pandemic-propelled cultural evolution while consumers’ expectations grow to demand not only flawless frictionless, cross-channel shopping experiences but also transparency and trustworthiness at a whole new level.

In recent years, retailer discussions about Gen Z focused on the importance of value-based shopping. The pandemic experience and the ongoing anti-racism and inclusion conversations have opened many consumers’ eyes to supporting businesses they value and who valued them. Customers are speaking loudly through their wallets to frequent retailers who embody diversity, inclusion, sustainability, health and safety, and “shop local”.

Retail Council of Canada’s STORE Conference, which this year will be an all-virtual event on from September 13 to 16, 2021, will explore the new era of retail and the changing consumer (and employee) values and that are creating new opportunities for retailers. 

IKEA Canada says over 90% of consumers want to live a more sustainable life. Recognizing that customers are asking for more accountability and transparency, the company has a bold ambition to become fully circular and climate positive by 2030. IKEA Canada’s CEO Michael Ward, who will be speaking at RCC STORE, is also taking on the role of Chief Sustainability Manager in Canada, a further demonstration of the organization’s commitment sustainability.  

Inclusivity and belonging are also themes that will be explored at this year’s RCC STORE Conference. Rob Smith, founder and CEO of the Phluid Project in New York City, will share his journey about empowering individuals through freedom and self-expression. Recognizing how gender is stereotypically portrayed in apparel marketing, Smith envisioned an experience free of the bombardment of gendered messaging which is found to be inconsistent with identity for many consumers. Phulid Project’s genderless apparel is making a safe, judgement-free shopping experience the imperative.

Industry leader Sephora continues its own journey to extend the value of belonging to both customers and team members alike. Debra Neff, SVP Marketing at Sephora Canada, will speak to Sephora’s holistic strategy and how its employee value proposition is a critical part of developing inclusive campaigns and in-store experiences that resonate with customers’ diverse needs.  

After a year of so many ups and downs it is also critical for retailers pay close attention to their employees’ needs. Montreal HR, quality of life and well-being at work specialist Marie-Josée Nucci, who will also be presenting at RCC STORE, will discuss how well-being is the foundational layer of high-performing teams  and a key factor to increasing productivity, retention, safety, collaboration, minimizing absenteeism and improving company culture. Now more than ever prospective employees are evaluating prospective employers for values alignment; employees are increasingly placing a priority on feeling supported at work.

This year’s all-virtual format makes this year’s RCC STORE very accessible to all retailers, small and large, from across Canada.  With highly applicable retail-specific content, over 60+ speakers from around the world, and retailer participants from every retail sector, RCC STORE 21 will be the most informative,   inspirational and biggest retail event this year.

Learn more and register at https://www.storeconference.ca/

EARLY BIRD rate end July 30, 2021.  Register a group of 5 or more together for an additional 20% off.

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

Mickey & Friends Join Nordstrom in Pop-In Series at 2 Canadian Stores

Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre - Photo by Dustin Fuhs

Disney has partnered with Nordstrom for the next in the series of themed pop-up shops that brings exclusive merchandise to select stores in North America. Included are two Nordstrom stores in Canada, located in Vancouver and Toronto.

The Pop-In@Nordstrom Celebrates Mickey & Friends will feature limited-edition merchandise with the Fab 5 (Mickey, Minnie, Goofy, Donald and Pluto with special guest Daisy).

The space has been curated to bring upcycled apparel, bags, accessories and footwear with Disney-inspired designs from brands like Champion, Diamond Supply Co., CASETiFY, Crocs, Herschel and Levi’s.

“I’ve always loved the nostalgia of Disney, and the characters they’ve created. Those characters were each of our friends from generation to generation.” said Olivia Kim, VP of Creative Projects and Home at Nordstrom.

“Friendship is something that is always worth celebrating, and what better way to celebrate than being with our friends including Mickey, Minnie and the whole gang. As our customers immerse themselves into the iconic and wonderful world of Disney’s Mickey and Friends that we have brought to life at Nordstrom through this partnership, we hope they will find joy in discovering some timeless treasures from pre-loved and upcycled t-shirts to all the everyday products featuring their favourite classic characters,” said Kim.

Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs

For generations, Mickey and his friends have been an example of genuine friendship, showcasing what it means to stay true to yourselves and one another,” said J.D. Edwards, Senior Vice President of Third- Party Commercialization at Disney Consumer Products, Games and Publishing. “Through our collaboration with Nordstrom, we have created the opportunity to tell compelling friendship stories through a unique shopping experience and bespoke product that fans of all ages can enjoy.”

Pop-In@Nordstrom Canadian locations for are at the CF Toronto Eaton Centre in Toronto and CF Pacific Centre in Vancouver and will run from July 23rd to September 12th.

The initiative was created by the Nordstrom Creative Projects team back in 2013. Partnerships have included Aesop, Allbirds, Alexander Wang, Casper, Converse, Everlane, Gentle Monster, goop, Hanes, HAY, Liberty London’s Flowers of Liberty collection, Nike, Opening Ceremony, Poketo, rag & bone, The Museum of Modern Art’s MoMA Design Store, The North Face, Topshop/Topman, VANS and Warby Parker.

Mickey & Friends at Pop-in@Nordstrom Image: Nordstrom
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre
Mickey & Friends at Pop-in@Nordstrom CF Toronto Eaton Centre – Photo by Dustin Fuhs

Canadian Retail News From Around The Web For July 26th, 2021

Canadian Retail News From Around The Web

Top Stories: National

Central/Eastern Canada News

Western Canada News

Bailey Nelson to Open at Willowbrook Mall in Langley

Bailey Nelson Construction at Willowbrook Mall
Bailey Nelson Construction at Willowbrook Mall - Photo by Lee Rivett

Australian eyewear retailer Bailey Nelson has continued to expand in Canada, including a new location being announced for Willowbrook Mall in Langley, BC.

Scheduled to open in September 2021, the store is currently recruiting for staff at BaileyNelson.com

The company opened its first location back in 2017, with their Robson street storefront. Since then, Bailey Nelson has shifted the cross-country expansion into rapid growth. At current count, the brand has 26 locations in three provinces (Alberta, BC and Ontario).

We will be following the brand as they continue to announce new storefront locations, which will include an expansion into Manitoba.

PHOTO: BAILEY NELSON (CF MARKET MALL)

Founded in Bondi Beach in 2012, Bailey Nelson has quickly grown into a global brand led by an incredible team with boutiques in Australia, London, Canada and New Zealand. 

Bailey Nelson’s Website states that “Buying glasses should be one of life’s pleasures. And we’ve created a formula to make it one. We start with a process that’s clever and honest. We use it to craft eyewear that’s both beautiful and affordable. And we hire people who are passionate and genuine. It’s not rocket science. It’s just caring enough about what you’re doing to do it right.”

“We strive to deliver fantastic eyewear frames at a reasonable price, backed up by great service. We hope to empower individuality and self-expression through our beautiful, affordable eyewear, inviting stores and incredible people. So that’s us. That’s Bailey Nelson.”

YUM Candy Store Survives Pandemic in Vancouver

YUM Ice Creamery and Sweet Shop.

Sweet shop and ice cream retailer, YUM, has officially survived the pandemic with its storefront in Vancouver’s Mount Pleasant neighbourhood.

Likely stemming from a guilty pleasure during his time as a body builder, the owner of the sweet shop has curated a selection of over 200 candies and gourmet sweets. The curation delves internationally from serving far-flung options like Hong Kong-style bubble waffles, and it also makes all of its ice cream and baked goods in-house.

“Life is short, have a treat” says Michael Gorenstein as he opened his labour-of-love at 4150 Main Street in Vancouver. The end result has given patrons access to numerous top sellers, including the vegan cat gummies and espresso chocolate beans as well as the champagne and Prosecco gummy bears.

The shop currently offers its assortment for sale within its brick-and-mortar storefront only and its website (at www.yumsweetshop.com) has online shopping planned for the future as well.

The following is a selection of sweets which YUM sent over to taste-test, including Rainbow Gummy Bears, Have Your Cake Bites, Vegan Cat Gummies and Raspberry Pig Gummies.

Interior of YUM Ice Creamery and Sweet Shop.
Interior of YUM Ice Creamery and Sweet Shop.

The beautiful teal candy-parlour, designed by Hazel + Brown Design Company, amplifies the nostalgic candy shop experience with the beautiful gold detailings, French bistro designs, and classic bar top seating.

Interior of YUM Ice Creamery and Sweet Shop.
Interior of YUM Ice Creamery and Sweet Shop.

T&T Market Preparing to Open at Willowbrook Mall in Langley

T&T Supermarket at Willowbrook
T&T Supermarket at Willowbrook - Photo by Lee Rivett

Vancouver-based T&T Supermarket will be opening it’s doors at Langley’s Willowbrook Mall in fall 2021.

Retail Insider covered the announcement of the shopping centre’s expansion back in 2020, which included a 30,000 square foot Nordstrom Rack and Winners location.

The 39,040-square-foot T&T grocery store will open at the north end of Willowbrook in the fall of 2021. The Asian grocery concept, founded in Vancouver, will be the first for Langley and will feature an in-house bakery, Asian deli, sushi, and Chinese BBQ departments. The Willowbrook location will also offer Asian-style health services as well as herbal and naturopathic products plus an onsite insurance agency, pharmacy, financial services, among other services.

T&T held a hiring fair on July 16-18th, which saw recruiting for large number of roles in departments throughout the store. The Willowbrook Mall website had the following hiring fair description “T&T Supermarket is currently hiring for the following positions in its Meat, Seafood, Produce, Grocery, Kitchen/Sushi, Bakery, Fulfillment, and Cashier departments …positions as Store Associate, Assistant Receiver, Cooler Keeper, Assistant Cooler Keeper, Beauty Advisor, Cook, Assistant Cook and more.”

We’ll be following the opening of this location of T&T Market and more news coming out of Willowbrook Mall

T&T Supermarket Hiring Fair at Willowbrook Mall

WILLOWBROOK MALL MAP

Inside Altitude Athletic, a First-To-Canada Specialized Fitness Facility Concept in Toronto

Altitude Athletic - Photo by Dustin Fuhs

Altitude Athletic, a specialized fitness facility that simulates high altitude conditions, has opened steps from the Financial District in downtown Toronto.

Altitude Athletic has created a gym that can simulate high altitude conditions by lowering the oxygen levels while utilizing science to train for situations that athletes of all abilities will face in sport and adventures. Essentially, the team has built a mountain environment in Downtown Toronto.

“Toronto is at sea level, and although it would be awesome for many of us, it’s not practical to fly off to the mountains every weekend,” shared Altitude Athletic owner Melanie Miller. “So I had a vision to build Canada’s largest publicly accessible altitude training facility.”

The 1,200 square foot facility opened at 56 Colbourne Street on July 23rd, with construction and pandemic delays adding to the construction buildout.

Gyms and indoor activities were hit hard with pandemic restrictions, which have recently been allowed to open after Ontario hit Stage 3 in the reopening plan.

Click for Interactive Google Map
Altitude Athletic – Photo by Dustin Fuhs

“Since science and innovation lay the foundation of Altitude, our vision also included translating this into our services and empowering our facility with a passionate and knowledgeable team,” Miller shared.

Toronto sits at 76 meters (approx. 250 feet) above sea level where there is approx. 20.9% oxygen in the air. In the altitude room, they are able to reduce this amount to as low as 9.7% simulating an elevation of over 6,000 meters (approx. 20,000 feet).

Each day of the week, the facility will rotate through three altitude zones, aside from Sunday, when the facility will remain at sea level for fitness assessments (or for sea level workouts). The altitude zones are as follows:

  • Montane Zone: 4000 ft – 6000 ft / 1219 m – 1828 m 
  • Subalpine Zone: 6000 ft – 8500 ft / 1828 m – 2590 m 
  • Alpine Zone: 8500 ft – 11500 ft / 2590 m – 3505 m

The facility was created in response to a market trend that saw fitness enthusiasts looking for access to the same tools as the pros and to train for elevations that they would encounter in competitions and adventures around the world without having to leave the city. 

Youtube video
Altitude Athletic – Photo by Dustin Fuhs

The facility is located in a block that will be seeing a significant change, with the addition of 65 King Street East at Leader Lane. The 18-storey office development by Carttera Equities will have a total gross floor area of 36,147 square metres of office space and 1,628 square metres of retail space at street-level.

Google has leased the entirety of the office space.

65 King Street East with Google Signage, designed by WZMH and IBI Group for Carterra (Via UrbanToronto)

Altitude Athletic worked with Lindsay Hepburn of SRS Canada. Interior was designed was Wolfe Interior Design and Paradigm Architecture and Design was the architect firm on the project.

Podcast [Interview]: Peter Simons of La Maison Simons Discusses Pandemic Business Struggles

Craig and Peter Simons have an honest discussion around the challenges the retailer faced over the course of the pandemic, and what the future might hold for the retailer which is striking unique partnerships.

Thank you to podcast partner Swyft which is a rapidly growing Canadian same-day shipping company that has partnered exclusively with Retail Insider. Learn more about Swyft’s scalable, affordable best-in-class last mile solution.

The Interview Series podcast by Retail Insider Canada is available on Apple Podcasts, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Also check out our The Weekly podcast where Craig and Lee discuss popular content published on Retail Insider which is part of the The Retail Insider Podcast Network.

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Background Music Credit: Hard Boiled Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 3.0 License. http://creativecommons.org/licenses/by/3.0/

New Owner of ‘Frank And Oak’ to Expand Brand with Stores in Canada and Globally After Restructuring: President Interview

Frank and Oak at CF Toronto Eaton Centre
Image: Frank and Oak at CF Toronto Eaton Centre

Months after acquiring the retail brand Frank And Oak, the new owner, Unified Commerce Group, has big plans for the retailer which went through the bankruptcy protection process last year.

The retailer was acquired by the new owner in October 2020.

Dustin Jones, President of UCG Canada Holdings and founder and CEO of Unified Commerce Group, said UCG will provide Frank And Oak with the necessary resources to continue to nurture the brand’s strong following within Canada as well as fuel its expansion into the United States and its growth into new markets, including Asia.

Dustin Jones

“There’s so many things we loved about the brand but ultimately it’s about nine and a half years old as a brand and we found it to be one of the most well-recognized Canadian brands that had the strongest potential for global scale,” said Jones.

“The brand itself, its purpose is material science and solving the pollution and the areas of the fashion industry that a lot of people don’t like to talk about. The fashion industry is the second most polluting industry in terms of effect towards the climate crisis that we’re facing.

“Frank And Oak has always been based in this terrific material science that really looks at how we can take the things that we consume today and how we can be kinder to our product and our people and our planet as a function of those things.”

Unified Commerce Group was officially launched in September 2019. Jones is a lifetime retailer with expertise in digitization. He has spent his entire retail career, just over 20 years, digitizing different areas of retail. His first 14 years was spent building macys.com and building Macy’s omnichannel. Then he moved to China for about five years working with the Alibaba group and a fashion portfolio group which owned 26 fashion brands.

Unified Commerce Group was founded by Jones and Wall Street veteran Greg Freihofner to build a portfolio of purpose-driven brands that connect with consumers on a global scale, and in the world’s most dynamic markets. The company has headquarters in New York, Montreal and China.

Greg Freihofner

“We focus on supporting founder created brands. Not necessarily brands that were started by some retail professional like myself but brands that were started by passionate founders with purpose. Brands that have real purpose and real commitment to something bigger than product and as a function of their purpose they end up creating product,” said Jones.

“We believe this is going to be the post COVID trend in terms of brand loyalty and consumer loyalty. And so purpose doesn’t have to be cause oriented. It can also be activity based, but at the end of the day the content is about the purpose not necessarily about just selling a sweater.

“And for somebody in retail who’s been part of the designer trend, the luxury trend, the fast fashion trend, the athleisure trend, for me the next phase of my career I really wanted to get behind supporting these purpose led brands. And I had spent a lot of time studying them pre COVID and we built Unified Commerce Group so we could embrace these companies and help them get from the wonderful place that they had gotten to today to a new frontier that allows them to be a globally relevant and powerful brand.”

Frank and Oak product tag
Frank and Oak product tag – Photo by Dustin Fuhs

UCG’s tech-enabled platform drives scale for its brands through unified services; harmonizing strategy and execution to design, operate, and push boundaries in retail.

Launched in 2012 by long-time friends Hicham Ratnani and Ethan Song, alongside a small group of passionate creatives, Frank And Oak designs men’s and women’s apparel and accessories from its Montreal headquarters that are made to last with the highest standards to keep up with demanding lifestyles, while ensuring minimal impact on the planet.

A certified B Corporation, Frank And Oak is beloved in Canada and the US for its core values of sustainability, transparency, and functionality that are reflected in both its products and business practices, said UCG.

Like many retail brands worldwide, Frank And Oak was significantly impacted by the coronavirus pandemic and, as a result, filed a notice of intention to make a proposal in June 2020.

Jones said the brand had about 20 stores in Canada leading into COVID. Today there are 11.

“We have a large expansion plan that’s underway. In near term we’ll open up a new portfolio of stores to go along with the existing portfolio,” he said.

“We’re in the process. We’ll go through a large PR campaign in about a month, maybe a month and a half, where we’re going to speak very broadly about what the strategy is and all the investments we’ve made in the company,” said Jones.

Over the past nine months, Jones said UCG wanted to get to know the organization well to protect the brand, the values of the brand and the talent it had worked so hard to cultivate.

It also spent time looking at efficiencies in how the brand operates. It also looked at the customer experience. The omnichannel experience is a critical investment to make and connecting that experience into one seamless, loyalty based customer flow. A new loyalty program will also be launched this fall.

Frank and Oak at CF Toronto Eaton Centre
Frank and Oak at CF Toronto Eaton Centre – Photo by Dustin Fuhs

“We have really strong ambitions for the brand. For us we think more about communities than we do stores. Where are we not saturated and where do we have existing consumers that want to belong to our brand in a more loyal way? We have also very strong customers in the United States and so you’ll hear us talk about later this year where our expansion plan looks like in the different communities in the United States. Our approach to that which isn’t just digital and physical but a combined effort. We’ll also talk in September about our expansion plans outside of North America which are well under way,” said Jones.

“We have very large numbers for our store portfolio. It will definitely be more than double the existing. But in terms of a specific number I probably wouldn’t give you one but it’s definitely far more significant than the 11 stores we have today and it takes us three or four years to really build out the fleet.

“We believe stores have to be redesigned and COVID taught everyone that they have to be redesigned and so our process isn’t looking at sales per square foot it’s looking at experience per square foot. So our stores have to go through a redesign. So the 11 we have today will also have to be redesigned. The first redesign happens in August and September and that really is about technology and enablement of our associates and connecting with our consumer and connecting with the consumer journey of the brand while in our store. But the long term will be about how do we design more experience and more community into these store environments and how these stores become a window to the brand lifestyle.”

Disney Confirmed to be Closing 10 Additional Stores in Canada in August, Leaving Only 3 Prior to Full Exit

Disney Store Closure Image: ShopDisney.com

Disney has confirmed on its website (ShopDisney.com) that it will shutter almost all of its Canadian locations next month after Retail Insider first reported on the the retailer’s full Canadian exit in April of this year. Prior to Friday, Disney would not confirm any additional Canadian store closures after a full exit was announced for British Columbia last month. After the next round of store closures, Disney will only have three remaining store locations in Canada, all in the Greater Toronto Area.

Liquidation sales in the next 10 locations confirmed to close will start on Monday July 26 according to a source with Disney who was not authorized to speak on the record. The 10 stores are expected to shut permanently either on August 6 or thereabouts.

Store employees in the 10 soon-to-close locations, known as ‘cast members’, were uninformed until now and for the most part were telling shoppers that the ‘rumours’ of the Canadian exit were ‘untrue’ and that it was “business as usual”. The official language will change as liquidation sales commence across the country except in three stores in the Toronto Area.

The newest round of Disney locations slated to close are in Alberta, Manitoba and Ontario. In Alberta, Disney will close all stores in Edmonton at West Edmonton Mall and Kingsway Mall as well as in Calgary at CF Market Mall and Southcentre. In Manitoba, Disney operates a single store at CF Polo Park in Winnipeg and it is also included in this round of closures.

Disney Store at SouthCentre Mall in Calgary.
Disney Store at Southcentre Mall in Calgary. Photo: Jessica Finch

In Ontario, five Disney stores set to close early next month include Toronto area locations (Yorkdale Shopping Centre, Upper Canada Mall), Hamilton (CF Lime Ridge), Ottawa (CF Rideau Centre), and London (CF Masonville Place). For now, Disney has chosen to keep its CF Toronto Eaton Centre, Scarborough Town Centre and Vaughan Mills stores open after today’s announcement. Insiders are already saying that it’s likely that these three locations will also be confirmed to close by mid-August.

Given the extended lockdowns in Ontario for mall-based retailers that ended recently, Ontario Disney store closure announcements were said to be delayed so that the retailer has the opportunity to hold clearance sales while at the same time bringing back ‘cast members’ to work in stores prior to their termination. Shopping centres in Ontario were permitted to reopen in the province on June 30.

Retail Insider was informed by multiple sources in April of this year that all Disney stores would be shutting in Canada, one of which was a major landlord not permitted to speak on the record.

Retail Insider made the initial store closing announcement in April partly to give employees time to attempt to secure alternative employment, noting that Disney typically makes such announcements shortly before stores actually shutter. After our report in April, we were informed that several retailers were reaching out to Disney employees who are considered to be highly desirable employees because of their personalities and training. Prior to publishing this article on Friday, Retail Insider notified several retailers that they should immediately target Disney employees to hire in the 10 stores confirmed to be closing in Canada as part of the next round.

Disney Store Canada Mickey
Disney Store Canada Mickey. Photo: Dustin Fuhs

One of the current Disney ‘cast members’ interviewed by Retail Insider said that they had come to the acceptance that Disney was exiting its Canadian store operations after Retail Insider announced it in April. Some employees have already secured new jobs since then and are working at the Disney stores until they close in order to take advantage of severance moneys. Several cast members reached out to Retail Insider to thank us for giving them the heads up that a search for a new job would be a necessity.

On Wednesday of this week, Disney shut more stores in the United States in addition to last days of the BC stores. Disney is said to be re-evaluating its operations amid a challenging time for retail as consumer shopping patterns shift to online channels. On March 3, Disney announced that it was planning on focusing on its e–commerce business while at the same time reducing its brick-and-mortar footprint. 

Initially, a total of 60 North American locations were announced to close including the Square One (Mississauga) and CrossIron Mills (Calgary area) locations in Canada.

Disney Store Yorkdale. Photo: Dustin Fuhs

Earlier this year, mall landlords in Canada were said to have been working with Disney on an exit strategy which involved Disney paying out the remaining duration for its Canadian leases which in some cases had a duration of several years. This would allow the company to bypass any potential litigation — a situation which happened in 2017 when Cadillac Fairview sued Starbucks after the coffee company shut its Teavana storefronts.

Disney never launched e-commerce in Canada, nor did it secure warehouse space for product fulfillment in terms of ship-to-store or otherwise. If consumers ordered online from the company’s global website, taxes and duties would be charged. One source noted that several of the Canadian Disney store units, including the CF Toronto Eaton Centre and West Edmonton Mall locations, were among the company’s top-selling stores. 

The Walt Disney Company reacquired the Disney Store business from Children’s Place Retail Stores Inc. in 2008, with 231 locations being purchased in Canada and the United States. Operating under the Disney Consumer Products division of the company until 2018, the stores were merged under a new division called Parks, Experiences and Consumer Products, which was previously under the leadership of Bob Chapek. Mr. Chapek was named the Chief Executive Officer of The Walt Disney Company in February 2020 and subsequently named Josh D’Amaro as his successor as the Chairman of Disney Parks, Experiences and Products.

We’ll follow up on this story when we are able to confirm more details from official channels on Disney’s exit from Canada.