In an ambitious plan that took just a week to complete, 11 of Overwaitea Food Group's 16 PriceSmart Foods stores in British Columbia have been converted to the Save-on-Foods banner. The announcement was officially made on February 6th and the conversion is scheduled to be completed by today (Friday, February 14th, 2014).
The company will re-focus its PriceSmart Foods brand in its remaining five stores in British Columbia: Vancouver (two locations), Richmond, Surrey (the 'Fleetwood' store) and Coquitlam. These five locations will remain PriceSmart Foods stores, which will position the PriceSmart Foods banner "for future growth and evolution with a continued dual-focus on offering a low price platform with market-specific international food offerings" according to company press release.
Stores converting to Save-On-Foods today include:
- Surrey (Cloverdale, Clayton & King George)
- Burnaby (Marine Way and Cameron)
- North Vancouver (Capilano)
- White Rock
- Abbotsford (Clearbrook)
- Fort St. John
[PriceSmart Foods website]
|Toronto Eaton Centre 'Roots Central' [Image Source]|
The stores include the company's two top-performing locations - one at the Toronto Eaton Centre and another at Vancouver's high-profile downtown intersection of Robson and Burrard Streets. The third store involves a relocation from 100 Bloor Street West in Toronto to a smaller location at 80 Bloor Street West.
According to lease plans, the Toronto Eaton Centre Roots store is 7,665 square feet. It enjoys a high-profile location adjacent to a mall entrance, and it will neighbour the mall's flagship Nordstrom store which is scheduled to open in the fall of 2016.
The Vancouver Roots store occupies the same corner as the world's second-largest Victoria's Secret store, as well as a new flagship Lululemon store which is expected to open this summer. Tesla Motors' new store will be half a block east and one of Canada's largest Sephora stores is under construction steps away. Pedestrians will continue to be drawn to the intersection and eastward as Nordstrom opens nearby in the fall of 2015.
|Roots' Vancouver flagship store. Photo: Google Streetview screenshot|
The new Bloor Street store will replace its former 15,000 square foot flagship, located a block west. The store's 6,500 sq. ft. layout is "more ideally suited to the needs of Roots in the Bloor-Yorkville area, Canada's preeminent shopping district," according to the press release. It opens in May, 2014.
At the Eaton Centre in downtown Toronto, Roots will reportedly conduct a major renovation of its multi-level store, known as 'Roots Central'. In Vancouver, Roots will be expanding and renovating its Robson St. flagship store. We're awaiting further details of the Vancouver expansion and we'll report more shortly.
Interestingly, Roots is also enjoying significant growth in Asia. Thanks to a partnership with Taiwan-based partner, Branded Lifestyle, Roots now has 118 stores in Taiwan and China. Branded Lifestyle plans an extensive retail expansion for Roots in Asian to take place over the next three years.
- Roots will relocate its Toronto flagship to 80 Bloor Street West
- Roots will open at 89 Bloor St. W. in Toronto
- Roots is 40 years old today - and it's closing its Toronto flagship on Bloor
- Holt Renfrew to replace Toronto's Roots flagship with a men's store
Source: press release
Lululemon founder Chip Wilson has confirmed that Lululemon will open a 4,400 square foot flagship Vancouver store at the southeast corner of Robson and Burrard Streets. It is expected to open this summer. Wilson made the announcement during his talk at the International Council of Shopping Centres conference in Whistler on January 27th, 2014.
Mr. Wilson went on to discuss why he thinks Robson Street retail appears to be moving eastward towards Pacific Centre and its new Nordstrom store which is scheduled to open in the fall of 2015. He further went on to explain how Lululemon is keen on having stores on streets as opposed to in malls. We find this interesting, since Lululemon's #1-selling store is at West Edmonton Mall.
Vancouver's Lululemon flagship store location was also confirmed by Glen Korstrom of Business in Vancouver Magazine, after he received verification from Vancouver City Hall regarding its approved building permit.
The above photo was taken by Colin Arber.
- Lululemon may build new Robson/Burrard flagship in Vancouver
- Lululemon's top selling store is at West Edmonton Mall
Construction has officially begun on Vancouver International Airport's luxury mall. For further details we direct you to our two articles below. Following these links is a copy of a press release from the mall developer.
RICHMOND, BC - British Columbia's first luxury designer outlet centre is set to open in the spring of 2015, with construction now underway at the 30-acre site on Vancouver International Airport (YVR) land.
McArthurGlen Designer Outlet Vancouver Airport – a partnership between Vancouver Airport Authority and McArthurGlen Group, Europe's leading owner, developer and manager of designer outlets – will offer 35,000 square metres (377,000 square feet) of luxury, designer and lifestyle retail on the northeast corner of Sea Island near the Templeton Canada Line station.
"This project reinforces our role in the economic development of the region," said Tony Gugliotta, Senior Vice President, Marketing and Business Development, Vancouver Airport Authority. "Not only will it increase the region's destination appeal for travelers and create approximately 1,000 jobs, but it will also offer the airport an alternative revenue source that will allow us to continue building YVR as a premier global gateway which, in turn, will create even more jobs."
The designer outlet centre, which will also help keep local dollars in the local economy, will be developed in two phases: the first phase will offer 22,500 square metres (242,000 square feet) of retail space, including the most sought-after North American and European luxury brands, as well as restaurants and cafes, with 12,500 square metres (almost 135,000 square feet) added once all phases are open.
"McArthurGlen Designer Outlet Vancouver Airport will offer a highly distinctive, luxury-oriented retail destination inVancouver," said Joan Jove, McArthurGlen's Development Director for North America. "We are already seeing strong interest from leading European and North American fashion brands. Vancouver offers an excellent location, economic strength, tourism potential, as well as a strong partner in the Vancouver Airport Authority – all elements that guarantee success when opening a premium retail centre."
The company's Designer Outlets in Europe are known for brands such as Prada, Armani, Burberry, Gucci, Hugo Boss, Ralph Lauren, Salvatore Ferragamo, Ermenegildo Zegna and Michael Kors.
McArthurGlen Designer Outlet Vancouver Airport will feature two luxury piazzas, and is designed as an open-air village, with pedestrian-friendly walkways and tree-lined streets. Design elements are inspired by iconic Vancouverarchitecture, including the city's first post-office building, c. 1937 (now part of the Sinclair Centre complex), the Vancouver Rowing Club, c.1911, and the distinctive brick facades associated with historic Gastown.
About Vancouver Airport Authority
Vancouver Airport Authority is a community-based, not-for-profit organization that manages Vancouver International Airport (YVR). Canada's second busiest airport, YVR served 17.9 million passengers in 2013. Sixty-eight airlines serve YVR, connecting people and businesses to more than 89 non-stop destinations worldwide. Vancouver Airport Authority is a dedicated community partner and in 2013 donated more than $700,000 to local organizations. We are committed to creating an airport that British Columbia can be proud of: a premier global gateway, local economic generator and community contributor. For more information, please visit
McArthurGlen Group, Europe's leading owner, developer and manager of designer outlets, was founded in Europe by Kaempfer Partners in 1993. The pioneer of designer outlet retailing in the region, McArthurGlen has since developed nearly 600,000 sq m/6.5 million sq ft of outlet space, with a current value of over Euro3 billion, and manages 20 McArthurGlen Designer Outlets across eight countries: Austria, Belgium, France, Germany, Greece, Italy, the Netherlands and the UK. The centres are home to the most sought-after luxury, designer and high-street brands, and offer fashion-savvy customers year-round savings of 30-70% in a vibrant shopping environment. In 2013, McArthurGlen became a joint venture between the world's largest retail developer, Simon Property Group, and Kaempfer Partners. As part of its on-going expansion, the first McArthurGlen Designer Outlet in North America is due to open in Vancouver in 2015. For more information, please visit
SOURCE (including images)
Construction has begun on two adjacent suburban Vancouver shopping centres: eing constructed on land owned by the Tsawwassen First Nation.
Tsawwassen Mills is expected to open in the spring of 2015. Outdoor retailer Bass Pro Shops will open a 145,000 square foot store in the complex. A 108,000 square foot Walmart and a 44,000 square foot RONA store will anchor neighbouring Tsawwassen Commons.
In total, Tsawwassen Mills will include approximately 1.2 million square feet of retail with 16 anchors as well as a "unique mix of premium fashion brands, factory outlets, restaurants and first-to-market retailers, as well as a 1,100-seat food court. The development will be modelled on the successful CrossIron Mills and Vaughan Mills in the Greater Calgary and Greater Toronto areas" according to landlord Ivanhoé Cambridge.
Adding to the scope of this development, Property Development Group’s adjacent Tsawwassen Commons will provide about 550,000 square feet of of outdoor retail space and will include a "quality blend of national, regional and independent retailers, restaurants and financial services," according to Ivanhoé Cambridge
|Food court at Tsawwassen Mills. All images by Ivanho Cambridge|
Bass Pro Shops will open a 145,000 square foot store at Tsawwassen Mills in suburban Vancouver. It will be the first store location in British Columbia, and is expected to open in the spring of 2016. Bass Pro Shops currently has two Canadian store locations: one at Vaughan Mills in suburban Toronto and another at Calgary's CrossIron Mills.
For those unfamiliar, Bass Pro Shops is a Springfield, Missouri-based retailer of hunting, fishing, camping and related outdoor recreation merchandise. It has about 60 American locations and the two Canadian stores mentioned above. According to its website, many more stores are planned in both countries.
Bass Pro Shops is on a cross-Canada store expansion. Over the next couple of years it plans to open stores in Moncton, New Brunswick, Niagara-on-the-Lake, Ontario, and Kanata, Ontario.
[Bass Pro Shops website]
Photo: Colin Arber
We previously reported that
will open beside
on Burrard Street, just north of Robson Street. We've got an update: A full-sized
store will be included on the second level.
, the two-level Shoppers will be about 11,000 square feet. Although sizeable, it will still be only about one third the size of the
Thank you, again, to Miranda Sam of
for writing the original article
on Vancouver's Burrard Street.
. Photo taken by Colin Arber from the 2nd floor balcony of 755 Burrard Street in Downtown Vancouver.
Shoppers Drug Mart to open flagship beautyBOUTIQUE in Downtown VancouverCan Shoppers Drug Mart’s enhanced beautyBOUTIQUE concept overtake Sephora in the Canadian luxury beauty market?Sephora to open flagship on Vancouver's Robson Street UPDATE: Sephora's new store on Vancouver's Robson Street
Upscale shopping appears to be moving eastward on Vancouver's Robson Street, with the scheduled opening of luxury accessories retailer Charals. The 1,100 square foot store will open in the spring at 171 Robson Street, at the base of a hotel which is under construction.
The area is currently home mostly to small-scale restaurants in an area adjacent to the CBC Building and the Vancouver Public Library. Time will tell if other upscale retailers will move onto this part of Robson Street.
Founded in 1986, Charals is an upscale Vancouver-based retailer of writing instruments, leathergoods and luggage. It carries such designer brands as Cartier, Montblanc, RIMOWA, Tumi, and others. This would be the second Charals location in Vancouver, following its long-time lease within Vancouver's upscale Sinclair Centre.
|Photo: Colin Arber|
The new store is located at 410 Howe Street and is alongside such upscale retailers as Cartier and Euoko Cosmetics. Steps away are shops such as Versace and Roche Bobois furnishings. Despite having these upscale tenants, however, the neighbourhood has struggled over the past couple of years with the departure of such stores as Chanel, Hugo Boss Woman, Escada and, most recently, Mount Cashmere.
We've been told that Vancouver's 'Heritage District' is looking to update its image, including sidewalks and various public-space fixtures. The area will seek to regain some of the prestige lost with the exit of some of the above retailers. We'll follow up this article when we learn of further details of the area's rejuvenation.
[Nancy Lord website]
|Photo: Colin Arber|
By: Miranda Sam, Founder and Editor of Style by Fire.
[Shoppers Drug Mart beautyBOUTIQUE website]
The Globe & Mail article says the following about Richard Baker:
"He’s also weighing setting up Saks in Calgary, and in suburban Toronto, Montreal and Vancouver—up to seven or eight Canadian Saks in all, he says. He’s already negotiating for space in major suburban malls such as Toronto’s Sherway Gardens and Yorkdale."
Given the above statement, we have an update on what suburban locations we think Saks Fifth Avenue could open in Canada. We'll specifically address potential suburban locations.
The first two locations we'll discuss are the obvious ones which were mentioned in the article: Toronto's Sherway Gardens and Yorkdale Mall. The second two might be less obvious. We speculate that the Vancouver store location could be at Oakridge Shopping Centre, and that the suburban Montreal store could be at Le Carrefour Laval.
Saks could have some competition for the Yorkdale Sears space, however. La Maison Simons has expressed interest in leasing part of the space. Furthermore, the mall's landlord has also stated that it may wish to demolish Sears in order to expand Yorkdale Mall into that space as well as the adjacent parking space.
Nordstrom will join Yorkdale in 2016 with a new 188,000 square foot store, in part of a 298,000 square foot mall expansion.
Sherway Gardens is a sufficiently upscale mall for Saks, and it features other upscale tenants including Holt Renfrew (which may stay in the mall, despite its building a 120,000 square foot store in nearby Mississauga) and, in 2016, a 138,000 square foot Nordstrom store.
Carrefour Laval, suburban Montreal: Given the possibility that Saks could open in suburban Montreal, our best guess for its location would be Carrefour Laval. The mall enjoys an affluent shopping base and its landlord, Cadillac Fairview, is keen to make improvements to the mall. We're not sure if Saks could take over the mall's current Sears store, or if it would want to - the mall's Sears store is a bit removed from other upscale retailers and is itself neighboured by some more mid-market stores. We're not aware of mall restrictive covenants though it's possible that a purpose-built Saks could arrive in the mall within a few years.
Besides these four suburban store locations, we expect at least three downtown Canadian Saks stores: one in Toronto (replacing Hudson's Bay at Yonge and Bloor) as well as in Vancouver and Montreal. Sources have informed us that Saks management may want to create free-standing downtown stores rather than locate within flagship Hudson's Bay stores in Downtown Vancouver and Montreal. An eighth possible Saks store could be somewhere in Calgary.
- Saks Fifth Avenue to Open in Canada. HBC Purchase Finalized
- Saks Fifth Avenue to Build Massive Toronto Flagship
- Analysis: Saks Fifth Avenue's 2nd Larges Store to Replace HBC at Yonge & Bloor
- Saks Fifth Avenue to Open in Montreal
- Possible Saks Fifth Avenue Locations(s) for Toronto
[Saks Fifth Avenue website]
We spoke to 32 year-old Sean Clark, founder of Vancouver-based online footwear retailer
. In this interview, Clark told us about his website's phenomenal growth, and how his company allows those who live in remote Canadian locations the opportunity to purchase premium footwear. Sales are skyrocketing and forecasts predict sales of an impressive $30 million/year by 2015.
Clark may have gotten into this business at the right time - currently, only 2% of Canadian footwear sales are online. That number is expected to increase to 15% over the next five years, and
intends to capitalize on that growth.
Few may have heard of
, and that's not surprising. The company was only started in August 2012 by this former employee of
, transferring some knowledge he gained by working with the popular online eyewear retailer. Clearly Contacts CEO Roger Hardy
's revenues are already projected to be an exceptional $5 million in 2013 alone. Sales forecasts for 2014 are in the $10 million area and in 2015,
forecasts sales of an impressive $30 million.
One of our first questions to Mr. Clark was about online footwear purchasing and sizing: how can one buy shoes online without trying them on?
has an excellent response. It allows for free returns as well as free shipping, and it stocks well-known, trusted brands whose sizing customers may be familiar with.
has warehouses in Vancouver and Toronto with about 20 employees and thousands upon thousands of pairs of shoes. The company doesn't compete on price - in fact, most of what it retails is at full price.
competes with its vast selection of footwear sizes and brands, its customer service (hence its generous return policy) as well as the convenience of online shopping for those with limited access to footwear retailers. Interestingly, 40% of its customers live in rural parts of Canada where quality designer footwear is not easily found.
We'll be watching
closely, as this new Canadian company is seeing exceptional growth.
Tesla Motors, Yordale Mall Toronto [
Though still unconfirmed, sources tell us that
will open its second Canadian store location at 929 Robson Street in Downtown Vancouver, replacing skincare retailer
. It is expected to open sometime in the spring of 2014. Tesla has been placing most of its stores in popular shopping malls, making a Robson Street location somewhat unusual for the company.
For those unfamiliar, Tesla Motors Inc. is a California-based company that designs, manufactures and sells electric vehicles and their powertrain components. It was started in 2003 and has gained popularity to the point of becoming profitable. Canada's first Tesla Motors retail store opened in November 2012, within
. The Toronto store is about 2,500 square feet according to the mall's lease plans.
Tesla will bring even more vibrancy to Robson Street's 900 block, which recently saw the opening of
next to the future Tesla. We're not aware of the exact size of the new Vancouver store, though we expect it will be almost as large as Toronto's Tesla.
Former H2O Plus 929 Robson Street, soon to be Tesla Motors. Photo: Colin Arber
Interestingly, Tesla's website had initially indicated that its Vancouver store location was to be at
. This was subsequently amended to Robson Street. We were able to confirm that Robson Street will, in fact, be the location of Tesla for Vancouver, though neither landlord
nor Tesla will confirm Tesla's new Vancouver address as being 929 Robson Street.
Thank you to
who directed us to
We'll update this article when we can 100% confirm Tesla's tenancy, and we'll also let you know of any future Tesla Motors store openings in Canada.
In early January, 2014, Vancouver's Max Mara store will move from 2756 Granville Street to a considerably larger space at 3025 Granville Street. The new store will be the largest Max Mara store in Canada, and it will include the first Max Mara Bridal salon in North America.
According to a press release, the new store will be about 3,850 square feet. Lease materials show the store space featuring 3,074 square feet on its street level as well as 2,683 square feet on its basement level, making for a 5,757 square foot retail building.
For those unfamiliar, Max Mara is a luxury Italian fashion house established in 1951. It is known for its womenswear as well as accessories and shoes, and has stores around the world. Max Mara also retails other fashion lines including Weekend by Max Mara, which recently opened a store at the Metropolis at Metrotown.
The new Max Mara store will be the largest in Canada. Max Mara only has four free-standing Canadian stores, and three of those are in Vancouver. The other Vancouver stores are located at Oakridge Shopping Centre and Pacific Centre. The Toronto store recently relocated to 151 Bloor Street West. Max Mara is also carried at selected Holt Renfrew stores as well as at Hudson's Bay's Toronto flagship. In addition, the Vancouver license holder operates two lower-priced Weekend by Max Mara stores, located at Vancouver's Oakridge Centre and Metropolis at Metrotown.
|3025 Granville Street: Location of Vancouver's newest Max Mara store (Image is from the landlord's marketing materials)|
Vancouver's concentration of three Max Mara stores and two Weekend by Max Mara stores gives it the highest concentration of Max Mara locations of any city in North America. Given the relatively small size of Vancouver, it could even be considered one of the world's most Max Mara-friendly cities.
The new Vancouver store, being relocated three blocks to the south, will be even closer to the wealthy Shaughnessy neighbourhood, where some of Max Mara's customers live. Shaughnessy is a historical estate neighbourhood that is home to some of Vancouver's largest and most expensive residences.
The current Max Mara store at 2756 Granville Street is connected to multibrand luxury retailer Boboli. Business restructuring has led to a separation between Boboli and Max Mara's Vancouver license holder, Vestis Fashion Group.
Canada's first Max Mara Outlet store will open in suburban Montreal next year.
[Max Mara website]