HOLT RENFREW OPENING 120,000 SQ FT STORE AT MISSISSAUGA’S SQUARE ONE

Date:

Share post:

Holt Renfrew will open a 120,000 square foot store at Mississauga’s Square One Shopping Centre. The store will go at the south-end of the mall as part of an ongoing expansion and renovation of Ontario’s largest shopping Centre. We will provide the store’s exact location when we are permitted. The store tentatively opens in the spring of 2016.

On March 17th we reported on the ongoing negotiations between Holt Renfrew and Oxford Properties’ Square One Shopping Centre. The deal is done and the announcement is now public.

This is the latest announcement in Holt Renfrew’s $300 million Canadian expansion that will see its retail footprint expanded by about 40%. 

In July 2012 we reported that Holt Renfrew would open a 102,000 square foot store at Toronto’s Sherway Gardens. Negotiations have stalled and we are retracting the Holt Renfrew Sherway Gardens announcement. Holt Renfrew will exit Sherway Gardens entirely for the Square One store about 3.5 times the size (Sherway’s Holt Renfrew is 33,670 square feet, according to Sherway’s current lease plan).

Not all is lost for Sherway Gardens, however, as it has managed to secure a 138,000 square foot Nordstrom store scheduled to open autumn 2016. 


This gives Holt Renfrew three large Greater Toronto Area stores. Holt Renfrew’s Bloor Street flagship store is about 185,000 square feet and it Yorkdale Shopping Centre store will soon expand to over 121,000 square feet. The Mississauga location will be one of Holt Renfrew’s largest stores when it opens, surpassed only by the Bloor Street (~185,000 sq ft), Calgary (151,000 sq ft) and Vancouver (137,200 sq ft) stores (note: Only about 120,000 sq ft of the Calgary store is currently in use). 

Holt Renfrew joins Anchors Hudson’s Bay (191,000 sq ft), Sears (145,000 sq ft), Target (164,000 sq ft) and Walmart (almost 245,000 sq ft) at Square One.

Landlord Cadillac Fairview published a tentative leaseplan of its Sherway Gardens showing an expanded Holt Renfrew store. The leaseplan has multiple errors and will have to be significantly modified now that Holt Renfrew will exit Sherway.

We previously reported on Square One’s $84 million mall expansion and renovation. We also recently reported on Top Shop opening within a substantially renovated Hudson’s Bay department store. Holt Renfrew’s announcement secures Square One’s position as one of Greater Toronto’s top shopping destinations.

Thank you to our Retail Insider Jamie Colden for alerting us to this press release.        

More big changes are coming to Mississauga’s Square One Shopping Centre and we’ll be providing updates. Have an excellent weekend and thank you for reading Retail Insider. 


Holt Renfrew website: www.HoltRenfrew.com


Square One Shopping Centre website: http://www.shopsquareone.com

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More From Retail Insider

Holt Renfrew Bloor Street Flagship in Toronto Marks 45 Years [Feature]

When it opened in March of 1979, it was by far the largest Holt Renfrew store in the chain.

Galleria Supermarket Embarks on Strategic Store Expansion Across Ontario, Targeting Key Urban Areas [Interview]

The grocery retailer is seeking locations in a wide range of sizes, as part of its initiative to operate retail stores while also building awareness for its expansive wholesale division.

Expanding a Brand: Vancouver-Based Entrepreneur Kick-Starts Women’s ‘Wicked Rose’ Martial Arts Activewear Line [Video Interview]

Christina Morrow discusses her plans to rapidly expand her women's martial arts activewear brand, which features performance materials and designs inspired by tattoo art.

The Ballroom Bowl Unveils Bloor-Yorkville Location in Toronto with Additional Expansion Planned in Canada [Interview/Photos]

The upscale bowling and foodservice concept will open another location later this year as it eyes expanding into other parts of Canada, says its founder.

Early Easter Impacting Retail Sales in Canada; New Trends in Chocolates and Merchandising Innovation Showcased [Feature Interviews]

An early Easter, following Valentines, is impacting sales and merchandising in stores. At the same time, some retailers are innovating and looking to make things more experiential.

Canadian Businesses Grapple with Soaring Insolvencies as CEBA Loan Repayments Take Toll: Equifax Reports

It's a perfect storm for disaster with high interest rates, increasing costs and other financial obligations impacting retailers, with insolvencies surging 30% over 2019.

Japan-Based Marugame Udon Enters Canada with 1st Location, Authentic Sanuki-Style Concept to Expand Nationally [Interview]

The world-renowned Japanese noodle hotspot, with over 1,000 locations worldwide, prepares dishes in a theatre-style kitchen. Plans are in place for locations across Canada.

How Canada’s Retail Sector Can Better Serve Families with Children [Interview]

Retailers are missing an opportunity to target parents with children says an expert, while the need to understand Generation Alpha will critical as they become consumers in the years to come.

North America’s First Formula 1 Exhibition Set to Open in Toronto, Showcasing Unique Immersive Experiences for Visitors [Interview]

The highly experiential multi-media exhibit has been designed to engage with visitors while showcasing the sport.

La Maison Simons CEO Discusses New Halifax Store and Retailer’s Ongoing Expansion [Video Interview]

Bernard Leblanc discusses the company's newest store, as well as updates on the company's retail mix, e-commerce strategy, and a future with likely more stores in Vancouver and Toronto.

Australian Haircare Giant ‘Just Cuts’ Announces Canadian Expansion, Eyes Alberta and Ontario for Initial Salons [Interview]

The company has 235 hair cutting salons globally, and is now targeting Canada by seeking shopping centre locations. Its value proposition in this economy could see it expand rapidly.

Rodd & Gunn Opens 1st Standalone Canadian Storefront on Hazelton Ave in Toronto, More Locations Planned [Photos]

Bloor-Yorkville was chosen for the New Zealand-based menswear brand’s first Canadian store, after entering the country through a network of concessions at Hudson’s Bay.

JLL Grocery Report Highlights Contrasting Strategies Among Canadian Grocers to Tackle Inflation and Shifting Shopper Preferences [Interview]

Despite challenges in deal making and urban development, the grocery industry sees potential in discount stores but also emphasizes the importance of grocers as essential amenities within mixed-use projects, says one expert.

Canadian Retail Sales Promising for Some and Ominous for Others in January [J.C. Williams Group Analysis]

The consultancy analyses StatCan numbers for January, noting spending increases in some areas and decreases in other, setting the tone for 2024.

La Maison Simons Opens Store in Halifax, Marking Milestone in Coast-to-Coast Canadian Store Expansion [Photos]

The Quebec City-based retailer opened its first store outside of Quebec 12 years ago, and now has a network of 17 locations from BC to the Maritimes. 

Anatomy of a Leader: Stewart Schaefer, President and CEO of Sleep Country Canada

Schaefer discusses his career over the years, from the financial world to three decades in the sleep industry.

Fitness and Wellness Concept Sweat and Tonic to Open 18,000 Sq Ft. Location on Yorkville Avenue in Toronto

It will be the third location for the company, and joins other boutique fitness concepts opening near the Yonge and Bloor intersection. 

First-Ever Health-Focused ‘KaleMart24’ Opens in Montreal with Plans for Major North American Store Expansion [Interview/Photos]

Described as the "Whole Foods Market" of convenience stores, the new KaleMart 24 is being rolled out in Montreal this year with plans to aggressively move into new markets including Toronto.

Swimco Opens New Stores in Canada, Bounces Back from COVID Hardships [Interview]

The Calgary-based swim retailer, which went bankrupt during the pandemic, has returned and is opening stores as it connects with consumers in new markets.

Changes in Toronto’s Yorkville with Pusateri’s and Flo’s Diner Closing [Podcast]

Craig and Lee discuss the significant closures of Pusateri's grocery and Flo's Diner in Yorkville, Toronto, reflecting on the neighborhood's evolution and future luxury developments.

RECENT RETAIL INSIDER VIDEOS

Advertisment

Subscribe to the Newsletter

Subscribe

* indicates required

RECENT articles

Holt Renfrew Bloor Street Flagship in Toronto Marks 45 Years [Feature]

When it opened in March of 1979, it was by far the largest Holt Renfrew store in the chain.

Galleria Supermarket Embarks on Strategic Store Expansion Across Ontario, Targeting Key Urban Areas [Interview]

The grocery retailer is seeking locations in a wide range of sizes, as part of its initiative to operate retail stores while also building awareness for its expansive wholesale division.

Expanding a Brand: Vancouver-Based Entrepreneur Kick-Starts Women’s ‘Wicked Rose’ Martial Arts Activewear Line [Video Interview]

Christina Morrow discusses her plans to rapidly expand her women's martial arts activewear brand, which features performance materials and designs inspired by tattoo art.

The Ballroom Bowl Unveils Bloor-Yorkville Location in Toronto with Additional Expansion Planned in Canada [Interview/Photos]

The upscale bowling and foodservice concept will open another location later this year as it eyes expanding into other parts of Canada, says its founder.

Early Easter Impacting Retail Sales in Canada; New Trends in Chocolates and Merchandising Innovation Showcased [Feature Interviews]

An early Easter, following Valentines, is impacting sales and merchandising in stores. At the same time, some retailers are innovating and looking to make things more experiential.

Canadian Businesses Grapple with Soaring Insolvencies as CEBA Loan Repayments Take Toll: Equifax Reports

It's a perfect storm for disaster with high interest rates, increasing costs and other financial obligations impacting retailers, with insolvencies surging 30% over 2019.

Japan-Based Marugame Udon Enters Canada with 1st Location, Authentic Sanuki-Style Concept to Expand Nationally [Interview]

The world-renowned Japanese noodle hotspot, with over 1,000 locations worldwide, prepares dishes in a theatre-style kitchen. Plans are in place for locations across Canada.

How Canada’s Retail Sector Can Better Serve Families with Children [Interview]

Retailers are missing an opportunity to target parents with children says an expert, while the need to understand Generation Alpha will critical as they become consumers in the years to come.

North America’s First Formula 1 Exhibition Set to Open in Toronto, Showcasing Unique Immersive Experiences for Visitors [Interview]

The highly experiential multi-media exhibit has been designed to engage with visitors while showcasing the sport.

La Maison Simons CEO Discusses New Halifax Store and Retailer’s Ongoing Expansion [Video Interview]

Bernard Leblanc discusses the company's newest store, as well as updates on the company's retail mix, e-commerce strategy, and a future with likely more stores in Vancouver and Toronto.

Australian Haircare Giant ‘Just Cuts’ Announces Canadian Expansion, Eyes Alberta and Ontario for Initial Salons [Interview]

The company has 235 hair cutting salons globally, and is now targeting Canada by seeking shopping centre locations. Its value proposition in this economy could see it expand rapidly.

Rodd & Gunn Opens 1st Standalone Canadian Storefront on Hazelton Ave in Toronto, More Locations Planned [Photos]

Bloor-Yorkville was chosen for the New Zealand-based menswear brand’s first Canadian store, after entering the country through a network of concessions at Hudson’s Bay.

JLL Grocery Report Highlights Contrasting Strategies Among Canadian Grocers to Tackle Inflation and Shifting Shopper Preferences [Interview]

Despite challenges in deal making and urban development, the grocery industry sees potential in discount stores but also emphasizes the importance of grocers as essential amenities within mixed-use projects, says one expert.

Canadian Retail Sales Promising for Some and Ominous for Others in January [J.C. Williams Group Analysis]

The consultancy analyses StatCan numbers for January, noting spending increases in some areas and decreases in other, setting the tone for 2024.

La Maison Simons Opens Store in Halifax, Marking Milestone in Coast-to-Coast Canadian Store Expansion [Photos]

The Quebec City-based retailer opened its first store outside of Quebec 12 years ago, and now has a network of 17 locations from BC to the Maritimes. 

Anatomy of a Leader: Stewart Schaefer, President and CEO of Sleep Country Canada

Schaefer discusses his career over the years, from the financial world to three decades in the sleep industry.

Fitness and Wellness Concept Sweat and Tonic to Open 18,000 Sq Ft. Location on Yorkville Avenue in Toronto

It will be the third location for the company, and joins other boutique fitness concepts opening near the Yonge and Bloor intersection. 

First-Ever Health-Focused ‘KaleMart24’ Opens in Montreal with Plans for Major North American Store Expansion [Interview/Photos]

Described as the "Whole Foods Market" of convenience stores, the new KaleMart 24 is being rolled out in Montreal this year with plans to aggressively move into new markets including Toronto.

Swimco Opens New Stores in Canada, Bounces Back from COVID Hardships [Interview]

The Calgary-based swim retailer, which went bankrupt during the pandemic, has returned and is opening stores as it connects with consumers in new markets.

Changes in Toronto’s Yorkville with Pusateri’s and Flo’s Diner Closing [Podcast]

Craig and Lee discuss the significant closures of Pusateri's grocery and Flo's Diner in Yorkville, Toronto, reflecting on the neighborhood's evolution and future luxury developments.