The luxury-heavy Toronto shopping centre saw higher sales per square foot sales last year than ever, while surpassing two billion dollars in sales for the first time.
The groundbreaking platform provides real-time live inventory from retailers, allowing customers to plan ahead before they shop in-mall or browse online and buy from multiple stores in a single transaction.
The highly experiential 70,000 square foot store will also include a fulfillment centre and is part of a transformation of Southcentre during the pandemic.
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The popular retail centre ranked as the country’s leading mall in terms of per square foot productivity, and mall manager Claire Santamaria said that bigger things are still to come.
The steampunk-themed centre at Quebec City’s Les Galeries de la Capitale saw more than two million visitors, helping drive success at the renovated 1.5 million square foot shopping complex.
Oxford Properties will break ground this fall on a massive ‘Square One District’ development that will transform the mall property into a vibrant walkable community with 35,000 new residents, as well as office buildings, a major transit hub, and numerous community buildings and greens spaces.
It’s the end of an era for the luxury multi-brand retailer and is a setback for Edmonton’s downtown core which is seeing a flurry of new development.
The half-day event will feature retail leaders from major landlords and real estate firms, and will be held at the Toronto Reference Library in the morning.
The Italian luxury accessory brand has officially opened its first flagship in Canada, with plans to open units in other major centres in a retail partnership with Halcyon Brands.