Subscribe

Eric Sherman of First Capital REIT Shares Career Journey and Strategic Vision for Urban Retail [Video Interview]

Date:

Retail Insights with Eric Sherman [Video Interview]

Share post:

Craig and Eric Sherman, Head of National Operations at First Capital REIT discuss Eric’s extensive experience in the retail real estate industry, highlighting his journey from a summer student to the head of national operations at First Capital REIT. Eric reflects on his start in the industry, emphasizing the lack of awareness about retail real estate opportunities during his university days. He recounts his career progression, mentioning key projects and roles leading to his current position.

The conversation shifts to the transformation of Yorkville Village and the strategic decisions behind acquiring properties in high-density, high-income neighbourhoods. Eric elaborates on First Capital REIT’s approach to curating retail mixes in different neighbourhoods, with examples from Yorkville to Liberty Village. He talks about the importance of integrating luxury with personal service and experiences, discussing the impact of global trends on local retail strategies.

Finally, Eric shares insights into First Capital REIT’s broader strategy, focusing on grocery-anchored neighborhood shopping centers and the importance of community integration. He emphasizes the role of operations and property management in enhancing retail environments. Discussing recent projects like One Bloor Street East, Eric highlights the challenges and successes in revitalizing retail spaces, showcasing the company’s adaptive strategies in response to changing retail landscapes and consumer expectations.

The Interview Series video podcasts by Retail Insider Canada are available through our Retail Insider YouTube Channel where you can subscribe and be notified when new video episodes are available.

If you prefer to listen to the audio version, it is available below:

The Interview Series audio podcasts by Retail Insider Canada are 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 audio podcast where Craig and Lee discuss popular content published on Retail Insider which is part of the The Retail Insider Podcast Network.

Subscribe, Rate, and Review our Retail Insider Podcast!

Follow Craig:

Follow Retail Insider:

Listen & Subscribe:

Share your thoughts!

Drop us a line at Craig@Retail-Insider.com. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!

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/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More From Retail Insider

Many Canadians Are Risking Illness by Eating Expired Food with Grocery Inflation [Op-Ed]

Sylvain Charlebois says that over half of Canadians acknowledge that inflation has forced them to compromise on food safety, indicating a significant issue in affordability that needs to be addressed.

Coming Out Soon: Retail Insider the magazine, Volume 3, Issue 1: State of the industry

The Spring 2024 issue discusses the state of the industry from what's happening in physical retail, construction, online channels, and the future as retail transforms.

Anatomy of a Leader: Kristy Miller, Founder of The Scented Market

Miller discusses her entrepreneurial journey, her appearance on hit CBC television show Dragon’s Den, and how she's found success growing her eco-friendly business.

Canadian Retail Sees Strong Gains in February, Fueling Summer Shopping Speculation [JC Williams Group Analysis]

The consultancy analyses the most recent StatCan numbers, which show an increase in spending by consumers which could lead to a robust summer for retail.

‘Arcadia Earth’ Experience Concept And Travel Exhibit Opens At The Well in Toronto [Interview]

The sustainability-focused interactive experience that merges creative art and technology recently opened in Toronto, and its success is seeing it expand with alcohol-based evenings and a national traveling exhibit in malls.

Luxury Brand Loro Piana to Expand into Canada with Standalone Stores 

The Italian luxury brand will open a Bloor Street flagship and at least one mall storefront as it enters Canada with a flurry of construction.

Jeweller Michael Hill to Showcase New Store Design in Canada with Major Brand Refresh [Interview/Renderings]

The Australian jewellery brand has launched a new strategy with a brand ambassador, digital refresh, new product and a new store design that will first be showcased in a new Canadian flagship.

Harvey’s Aims to Open Substantially More Locations in Canada as Restaurant Chain Marks 65 Years [Interview]

The Canadian burger chain is celebrating in various ways as it plans an expansion to significantly grow its footprint across the country.

Miele Expanding Canadian Footprint with Retail Space at CF Sherway Gardens in Toronto [Interview]

It will be the second mall location for the premium German appliance brand, and will showcase products in an immersive environment with product demonstrations led by expert associates.

Despite Economic Challenges, Edmonton Retail Leasing Market Experiences Growth and Expansion: JLL Report/Interview

Edmonton is seeing increased demand for retail space as new retailers enter the market in the athletic, fashion and luxury sectors.

Bloor Street Luxury Run in Toronto Adds Saint Laurent Flagship as Area Transforms 

Saint Laurent’s substantial Toronto flagship features a brutalist concrete facade, and is the latest luxury brand to open a large storefront on the former ‘Mink Mile’. 

Montreal’s Le Groupe Brande Thrives with Lightspeed Capital: A Case Study in Expansion and Efficiency

Le Groupe Brande is leveraging Lightspeed Capital and its merchant cash advance system to fuel expansion plans, while also allowing the retailer to streamline operations, cut costs and experience significant efficiency gains.

Disposable Income Spent on Food by Canadians Varies by Provincial Tax Rates [Op-Ed]

Sylvain Charlebois says that there's a noteworthy correlation to food spending in Canada and the tax rates levied upon their earnings.

Royalmount in Montreal Announces Major Retail Tenants and Food Hall Ahead of August 2024 Grand Opening [Interview]

The highly anticipated development will include a mix of luxury brands and other retailers, foodservice businesses, and entertainment unlike anything that Montreal has seen.

Home Société Group Expands Ontario Footprint with Opening of 1st Standalone MUST Stores in Toronto and Mississauga [Interview/Photos]

The Quebec-based home furnishings retailer says it plans to open stores across the country after launching its MUST nameplate in Ontario this month.

Lower Income Households in Canada Struggling to Afford Groceries Despite Increased Trudeau Government Spending [Op-ed]

Sylvain Charlebois discusses a concerning trend showing lower-income Canadians are going hungry as food prices rise.

Apple and Alo Yoga to Open Flagship Stores at Ste-Catherine and De la Montagne Intersection in Montreal 

The brands will anchor a key corner in the downtown core that is also anchored by Holt Renfrew Ogilvy, spelling confidence in downtown ahead of the opening of Royalmount in August. 

Anatomy of a Leader: Shashi Behl, Founder of Joydrop

She discusses her career as an entrepreneur over the years, and how she founded the unique jewellery brand Joydrop which has seen commercial success.

Canadian Consumer Report by Adyen Reveals Key Insights on Shopping Trends, Payment Preferences, and Technological Advancements [Interview/Feature]

With trends like buy now, pay later options, demand for faster checkouts, and the influence of social media on purchasing, retailers must adapt to meet evolving consumer expectations says the study.

SUKOSHI MART Opens Its Largest Store Yet, Elevating the Asian Beauty and Lifestyle Shopping Experience

The Asian beauty and lifestyle retailer has been expanding across Ontario, and has entered the Ottawa market with its first store.

RECENT RETAIL INSIDER VIDEOS

Advertisment

Subscribe to the Newsletter

Subscribe

* indicates required

RECENT articles

Many Canadians Are Risking Illness by Eating Expired Food with Grocery Inflation [Op-Ed]

Sylvain Charlebois says that over half of Canadians acknowledge that inflation has forced them to compromise on food safety, indicating a significant issue in affordability that needs to be addressed.

Coming Out Soon: Retail Insider the magazine, Volume 3, Issue 1: State of the industry

The Spring 2024 issue discusses the state of the industry from what's happening in physical retail, construction, online channels, and the future as retail transforms.

Anatomy of a Leader: Kristy Miller, Founder of The Scented Market

Miller discusses her entrepreneurial journey, her appearance on hit CBC television show Dragon’s Den, and how she's found success growing her eco-friendly business.

Canadian Retail Sees Strong Gains in February, Fueling Summer Shopping Speculation [JC Williams Group Analysis]

The consultancy analyses the most recent StatCan numbers, which show an increase in spending by consumers which could lead to a robust summer for retail.

‘Arcadia Earth’ Experience Concept And Travel Exhibit Opens At The Well in Toronto [Interview]

The sustainability-focused interactive experience that merges creative art and technology recently opened in Toronto, and its success is seeing it expand with alcohol-based evenings and a national traveling exhibit in malls.

Luxury Brand Loro Piana to Expand into Canada with Standalone Stores 

The Italian luxury brand will open a Bloor Street flagship and at least one mall storefront as it enters Canada with a flurry of construction.

Jeweller Michael Hill to Showcase New Store Design in Canada with Major Brand Refresh [Interview/Renderings]

The Australian jewellery brand has launched a new strategy with a brand ambassador, digital refresh, new product and a new store design that will first be showcased in a new Canadian flagship.

Harvey’s Aims to Open Substantially More Locations in Canada as Restaurant Chain Marks 65 Years [Interview]

The Canadian burger chain is celebrating in various ways as it plans an expansion to significantly grow its footprint across the country.

Miele Expanding Canadian Footprint with Retail Space at CF Sherway Gardens in Toronto [Interview]

It will be the second mall location for the premium German appliance brand, and will showcase products in an immersive environment with product demonstrations led by expert associates.

Despite Economic Challenges, Edmonton Retail Leasing Market Experiences Growth and Expansion: JLL Report/Interview

Edmonton is seeing increased demand for retail space as new retailers enter the market in the athletic, fashion and luxury sectors.

Bloor Street Luxury Run in Toronto Adds Saint Laurent Flagship as Area Transforms 

Saint Laurent’s substantial Toronto flagship features a brutalist concrete facade, and is the latest luxury brand to open a large storefront on the former ‘Mink Mile’. 

Montreal’s Le Groupe Brande Thrives with Lightspeed Capital: A Case Study in Expansion and Efficiency

Le Groupe Brande is leveraging Lightspeed Capital and its merchant cash advance system to fuel expansion plans, while also allowing the retailer to streamline operations, cut costs and experience significant efficiency gains.

Disposable Income Spent on Food by Canadians Varies by Provincial Tax Rates [Op-Ed]

Sylvain Charlebois says that there's a noteworthy correlation to food spending in Canada and the tax rates levied upon their earnings.

Royalmount in Montreal Announces Major Retail Tenants and Food Hall Ahead of August 2024 Grand Opening [Interview]

The highly anticipated development will include a mix of luxury brands and other retailers, foodservice businesses, and entertainment unlike anything that Montreal has seen.

Home Société Group Expands Ontario Footprint with Opening of 1st Standalone MUST Stores in Toronto and Mississauga [Interview/Photos]

The Quebec-based home furnishings retailer says it plans to open stores across the country after launching its MUST nameplate in Ontario this month.

Lower Income Households in Canada Struggling to Afford Groceries Despite Increased Trudeau Government Spending [Op-ed]

Sylvain Charlebois discusses a concerning trend showing lower-income Canadians are going hungry as food prices rise.

Apple and Alo Yoga to Open Flagship Stores at Ste-Catherine and De la Montagne Intersection in Montreal 

The brands will anchor a key corner in the downtown core that is also anchored by Holt Renfrew Ogilvy, spelling confidence in downtown ahead of the opening of Royalmount in August. 

Anatomy of a Leader: Shashi Behl, Founder of Joydrop

She discusses her career as an entrepreneur over the years, and how she founded the unique jewellery brand Joydrop which has seen commercial success.

Canadian Consumer Report by Adyen Reveals Key Insights on Shopping Trends, Payment Preferences, and Technological Advancements [Interview/Feature]

With trends like buy now, pay later options, demand for faster checkouts, and the influence of social media on purchasing, retailers must adapt to meet evolving consumer expectations says the study.

SUKOSHI MART Opens Its Largest Store Yet, Elevating the Asian Beauty and Lifestyle Shopping Experience

The Asian beauty and lifestyle retailer has been expanding across Ontario, and has entered the Ottawa market with its first store.
spot_img

About

Contact

Media

Follow

© 2023 Retail Insider Media Ltd. All Rights Reserved. The content on this website is protected by the copyrights of Retail Insider Media Ltd. or the copyrights of third parties and used by agreement. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner.