SIMONS POSTPONES RIDEAU CENTRE STORE OPENING BY A YEAR

Rendering of Simons/Rideau Centre, including a restored facade of the former Ogilvy department store. Rendering: Rideau Centre/Cadillac Fairview

The opening date of La Maison Simons' store in Ottawa's Rideau Centre has been delayed. It is now scheduled to open in August 2016, where it had originally been scheduled to open in the spring of 2015. It will therefore be the second Simons store to open in the Ottawa area, about one year after the recently announced Simons at Les Promenades Gatineau which will open in the spring of 2015.

The Rideau Centre Simons store will be about 105,000 square feet and will feature a reconstructed facade of the historic Ogilvy building formerly occupying the store's site. Rideau Centre's mall expansion will include 230,000 square feet of new retail space over four levels, as well as a modernization of the mall's common areas. A 35,000 square foot upscale food court with 16 eating establishments seating 850 (complete with ceramic dishes, glassware and metal cutlery) will be available to shoppers as well as a new three-level underground parking garage. Joining Rideau Centre will be a 157,000 square foot Nordstrom store, which is still scheduled to open in the spring of 2015.

Rendering of the interior of Rideau Centre. Rendering: Rideau Centre/Cadillac Fairview

We were alerted to the delay in the Rideau Centre Simons' opening after a press release was issued claiming that Mississauga's Square One Shopping Centre would be the first Ontario location for Simons. That press release appears to have been correct.

RELATED:



[La Maison Simons website]

PORSCHE DESIGN TO OPEN STORES ACROSS CANADA

 

German luxury retailer Porsche Design will open stores across Canada according to sources, and its list of desired cities includes Calgary, Ottawa, Montreal, Vancouver and possibly Edmonton. It is also expected to open at least one more Toronto-area store. The company is testing the market, having already opened a pop-up shop at Toronto's Sherway Gardens as well as a temporary store location in Vancouver. We'll briefly describe Porsche Design's potential plans in several cities:

Calgary: 

A source at Porsche Design tells us that the company is looking to open in Calgary's Chinook Centre, ideally close to the mall's new Nordstrom store which is scheduled to open in the fall of 2014. The source wasn't sure if Porsche Design has already signed a lease in the mall.

Toronto:

Porsche Design's Sherway Gardens pop-up store, which opened a few days ago, will remain open for only about two months. A company representative says that Porsche Design is hoping to secure a permanent retail presence in the mall by the end of 2014. 

Another possible Toronto store location could be at the Yorkdale Shopping Centre. A source tells us that Porsche Design might look to take over the 1,365 square foot retail space currently occupied by ICON Shoes, as ICON's lease expires in 2014. The space is located across from the mall's expanding Holt Renfrew store and is within close proximity to upscale stores such as MulberryTiffany & Co.CartierSalvator FerragamoDavid Yurman and others.

Porsche Design pop-up shop at Toronto's Sherway Gardens. Photo: Sherway Gardens

Porsche Design pop-up shop at Toronto's Sherway Gardens. Photo: Sherway Gardens

Edmonton: 

An Edmonton store is a possibility for Porsche Design, and we were informed that West Edmonton Mall would be the most likely location. Our source wasn't able to provide any further information as to when this could happen or its location within the mall. 

Ottawa and Montreal:

Ottawa and Montreal have both been mentioned as possible locations for Porsche Design stores, though we have few details besides Ottawa's Rideau Centre being the likely candidate for an Ottawa store location.

More on Porsche Design in Canada: 

Porsche Design already has two Canadian store locations: one on Toronto's Bloor Street and another which opened last week in Downtown Vancouver. Further plans to expand show Porsche Design's confidence in Canada's luxury retail market.

It appears that Porsche Design's presence in Canada could become substantially greater, per capita, than that in the United States. Porsche Design only has 11 American store locations and one outlet location. Within a couple of years, Canada could have as many as 8 Porsche Design stores (though we suspect that number will end up being more like 5).

We'll continue to keep you updated on Porsche Design's Canada-wide store expansion.

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VICTORIA'S SECRET OPENS FIRST OTTAWA STORE

[Image Source]

Victoria's Secret opens its first Ottawa store this morning at the Bayshore Shopping Centre. A second location will follow at the Rideau Centre in Downtown Ottawa as part of the mall's expansion

The Bayshore Victoria's Secret is 13,372 square feet in size. Of that, 2,418 square feet are dedicated to its PINK line of collegiate-inspired bras, panties, loungewear and beauty products. 

The main store will carry the entire range of Victoria's Secret products including lingerie, fragrances and body care collections. It will include a 'bra salon', a 'panty boutique', an area dedicated to beauty products, as well as collections by Victoria's Secret Sport and a seasonal swimwear line.

We'll update you when we learn of details of the future Rideau Centre Victoria's Secret store.

[Bayshore Shopping Centre website]

[Victoria's Secret website]

HARRY ROSEN TO BUILD OTTAWA FLAGSHIP STORE

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Upscale menswear retailer Harry Rosen will relocate its Ottawa Rideau Centre store to an 18,000 square foot space in a central portion of the mall. It will open in the Spring of 2015 and construction starts Fall 2014.

Interestingly, the new store will include a large shoe shop with its own entrance, adjoined to the main store. Harry Rosen will also include several designer shops-in-shop, not unlike other larger Harry Rosen stores.

When finished, this will be one of Harry Rosen's largest stores. The largest is the 55,000 square foot Toronto flagship on Bloor Street West. In total, Harry Rosen has 16 Canadian store locations as well as one outlet store in Mississauga. 

Ottawa's Rideau Centre is undertaking a massive expansion which broke ground this morning. It will eventually include new retail anchored by a 105,000 square foot La Maison Simons store and a 157,000 square foot Nordstrom store. Word has it that a Saks Fifth Avenue store could also open across the street from the mall within Hudson's Bay

[Harry Rosen website]

HELLO SIMONS AND NORDSTROM: OTTAWA'S RIDEAU CENTRE EXPANSION BREAKS GROUND TODAY

Rendering of Rideau Centre's Rideau Street side. Photo: Rideau Centre

Today marks the ground breaking of the expansion of Ottawa's Ridea Centre. By the spring of 2015, the mall's expansion will include a 105,000 La Maison Simons store as well as Nordstrom, which will join the mall as its southern anchor.

The groundbreaking will be at the corner of Rideau Street and Nicholas Street, being the future site of the La Maison Simons store. 


Rendering of the mall's new food court. Photo: Rideau Centre

Last year we reported that Nordstrom would open a 157,000 square foot store in the mall , replacing the top two levels of a former Sears store. Nordstrom is expected to open some time in the spring of 2015. Simons will open at about the same as Nordstrom. 

Saks Fifth Avenue could open across the street from Rideau Centre within Hudson's Bay's department store, though we have no further details at this time. 




SAKS FIFTH AVENUE TO OPEN IN OTTAWA?

Hudson's Bay, Rideau Street, Ottawa. Image: Google Streetview screenshot

Ottawa could get a Saks Fifth Avenue store as part of its announced Canadian store openings. Ottawa's Saks would likely be located within Hudson's Bay on Rideau Street. Hudson's Bay owns the 335,000 square foot Ottawa store outright, meaning Saks would pay no rent to occupy space within. 

Ottawa could be a desirable city for Saks Fifth Avenue, given they city's relatively high incomes and a population exceeding one million. Ottawa's incomes are high compared to most Canadian cities, largely as a result of relatively high paying civil service jobs. Ottawa also lacks many upscale shops and designers available in other Canadian cities, meaning Saks could secure many of the designers it would want without having to compete with other retailers. 

If a full-sized Saks opens within the Rideau Street Hudson's Bay, it would be in the 75,000 to 120,000 square foot range. Saks could also possibly occupy a floor or more of the existing store, or operate as one or more Saks "departments" within the existing store (we're not a fan of this option, given the vastly differing perceptions of Hudson's Bay and Saks as retailers). 

Opening Saks within the Rideau Street Hudson's Bay could be a good move, as competitor Holt Renfrew is far removed at 240 Sparks Street in Downtown Ottawa. Holt's Ottawa store is only about 36,000 square feet over two floors, and it lacks many of the interesting features and designers found in larger Holt Renfrew stores. Holt's also lacks some labels Saks would desire, most noticeably Louis Vuitton. We think a Saks in Downtown Ottawa could see shops like Louis Vuitton, Prada, Gucci, and Ferragamo, among others.

Hudson's Bay, Rideau Street, Ottawa. Image: Bing.com/maps

Saks would join the recently announced 157,000 square foot Nordstrom store, to be located across the street at Rideau Centre. La Maison Simons will also open across the street from Hudson's Bay/Saks, though Simons carries mostly moderately priced, private-label merchandise. Saks' primary menswear competitor would be Rideau Centre's Harry Rosen store, set to undergo a substantial renovation as part of the company's growth and improvement strategy. 

Saks Fifth Avenue's opening on Rideau Street would further create an exceptional shopping experience for the area. With anchors like Nordstrom, La Maison Simons and a renovated Hudson's Bay (as is planned) in the area, Saks as a fourth anchor, would likely make gains at Holt Renfrew's expense. It should be noted that despite planned renovations to Rideau Centre, Hudson's Bay will remain connected to the mall by an existing pedestrian walkway. Given the increased popularity of Rideau Centre, Hudson's Bay (and possibly Saks) should be breathing a huge sigh of relief. 



ZARA HOME TO OPEN IN MONTREAL AND OTTAWA

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This fall Canada will see the opening of at least three Zara Home stores, and we're announcing two of the new locations. In March we reported that Canada's first Zara Home location had been secured at Toronto's Yorkdale Shopping Centre. We've subsequently received information that two more Canadian locations will be added: Le Carrefour Laval near Montreal, and at Ottawa's Rideau Centre

The Toronto Zara Home store will be 3,265 square feet. The Laval store will be even larger at almost 4,200 square feet. No word yet on the Ottawa location. 


Zara Home is an offshoot of Zara, a moderately-priced, modern fashion and accessories retailer with multiple Canadian stores.


Canadian shoppers can expect interesting, modern, well-priced housewares from the Zara Home collection. The concept is expected to expand Canada-wide with possible future locations in Vancouver, Edmonton, and Calgary. 


Zara Home has no American locations currently, but its products can be purchased online: ZaraHome.com/usa. Canada is thus getting Zara Home before America, at least brick-and-mortar-wise.

Zara is owned by Inditex Group, the world's largest fashion retail conglomerate with almost 100 different companies under its umbrella. 


Thank you to two sources for this article: Retail Insider Pat Campione and "K.W.", both of whom sent us these tips on the same day. 


[Zara Home website] 


NEW OTTAWA RIDEAU CENTRE DETAILS, INCLUDING SIMONS AND NORDSTROM

We're posting images and updates of Ottawa's Rideau Centre. It will be Canada's first mall to include both Nordstrom and La Maison Simons as anchor stores. Across Rideau Street and connected by second-level pedway is a 335,000 square foot Hudson's Bay store that will be renovated and will include a TopShop concession. 

Nordstrom will be located on the top two levels of a former Sears store and will be about 157,000 square feet. Space below Nordstrom will become a food court. 


La Maison Simons will be located in the North-East portion of the expanded mall on the site of a former Ogilvy department store. 

This rendering shows an H&M store at Rideau Centre. Though negotiations are underway, we've been told that H&M has not yet secured a lease at Rideau Centre. 


A Zara store will be located on a proposed pedestrianized Nicholas Street.


The entire project is expected to cost well in excess of $250 million and will include a condo tower, hotel and movie theatre. 

Holt Renfrew wanted space at Rideau Centre and in the late 1990's was in talks to open in part of the former Sears space, then Eaton's. The deal fell through and Holt's remains in its current space at 240 Sparks Street. The main and second levels of the 240 Sparks Holt Renfrew store total 36,600 square feet, according to lease plans. 

Thank you to our Ottawa Retail Insider Geofrey Hall for directing us to this LaPresse/LeDroit article. 

[All images from LaPresse/LeDroit. Top Image modified from image provided by Nordstrom]

Rideau Centre website: http://www.rideaucentre.com

NORDSTROM CANADIAN STORE INFORMATION AND RENDERINGS UPDATE

Nordstrom Rideau Shopping Centre, Ottawa. Image: Nordstrom
Nordstrom has released more renderings of its Canadian stores, and we've got updated information from our Nordstrom insider. The new renderings are of the Ottawa, Calgary and Toronto Sherway Gardens stores. These join previously released renderings of the flagship Vancouver BC store and recently announced Toronto Yorkdale Shopping Centre stores.

Birds-eye view of Ottawa's Nordstrom (in blue). Image: Nordstrom
Ottawa: Rideau Centre

Ottawa's Rideau Centre will get a 157,000 square foot, two-level Nordstrom store on the top two floors of the mall's former Sears store. The exterior rendering of the store is the top image in this article. Our Nordstrom insider informs us the store will include an expanded women's designer department called 'Collectors' that will directly compete with the small designer floor at Ottawa's Holt Renfrew. Our Nordstrom insider tells us they are also well aware that Hudson's Bay plans to start renovations on its Rideau Street store and that Hudson's Bay will attempt to beef-up its designer offerings. Nordstrom will attempt to secure many designer labels Hudson's Bay would carry including Rachel Roy, Spendid, Diane von Furstenberg, McQ Alexander McQueen and "many others". Our Nordstrom insider says despite Hudson's Bay's renovations (and eventual inclusion of a TopShop concession), Nordstrom will trump Hudson's Bay especially in the area of shoes and customer service.

Thank you to our Ottawa Retail Insider Geoffrey Hall for directing us to the Ottawa store renderings. 



Nordstrom, Calgary Chinook Centre. Image: Nordstrom
Calgary: Chinook Centre

The Calgary Chinook Centre Nordstrom will occupy about 140,000 square feet of Chinook Centre's former 173,000 square foot Sears store. The store will be two floors and we'll soon reveal the store's department layout, as per our Nordstrom insider. The front portion of the former Sears store will be configured to multi-tenant retail, while the back half of the former Sears store will be Nordstrom. See the image below, showing Nordstrom's partial occupation of the former Sears. 
Chinook Centre, Nordstrom in Blue. Note: Only part of Sears will be occupied by Nordstrom. Image: Nordstrom
Nordstrom's Calgary store will go head-to-head with Hudson's Bay and (to a lesser extent) Harry Rosen. Our Nordstrom insider says that Nordstrom, again, will excel in areas of designer clothing, shoes and customer service. 


Nordstrom Sherway Gardens Rendering. Image: Nordstrom
Toronto: Sherway Gardens

The two-level Sherway Gardens Nordstrom store will be about 138,000 square feet and will be built where Sporting Life is currently located. Our Nordstrom insider says it will feature a 'small' women's Collectors department and will carry less variety than the new Yorkdale Nordstrom store which will be about 50,000 square feet larger. In December 2012 we provided information on the proposed layout of the Sherway Gardens Nordstrom store. Nordstrom will have less upscale competition at Sherway Gardens, however, as Holt Renfrew will leave Sherway for a new 120,000 sqaure foot store at Mississauga's Square One Shopping Centre
Location of Sherway Garden's new Nordstrom store. Image: Nordstrom

We previously provided images of the recently announced Yorkdale Shopping Centre Nordstrom store, and our Nordstrom insider tells us it will attempt to secure a sufficient designer roster to compete both with Hudson's Bay, Harry Rosen and Holt Renfrew. Holt's will still be "by far" the most upscale anchor at Yorkdale, though Nordstrom will attempt to outdo Holt's in the customer service department. Both will battle for shoes, especially with Holt's soon-to-open 10,000 square foot shoe department. Our Nordstrom insider also says Harry Rosen should be vigilant since Nordstrom will put great effort into offering quality designer men's clothing and accessories with exceptional customer service. 

Nordstrom website: www.nordstrom.com

H&M OPENING FIRST OTTAWA STORE

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Swedish retailer H&M is opening a 22,000 square foot store at Ottawa's expanded Bayshore Shopping Centre in October. This will be Ottawa's first H&M store.  

The company has been seeking Ottawa store space for almost a decade. H&M's Bayshore store will be located on the main level of the mall's former Zellers store, which is being renovated and reconfigured. Target will occupy the third floor of that same former Zellers store. 

Ottawa's Bayshore Shopping Centre is undergoing an expansion and renovation that will see its size increased to about 915,000 square feet from a current 700,000 square feet. The entire project will cost about $200 million. 56 new stores will be added including the new Target store. The expansion should be completed some time in 2015.

A source at Cadillac Fairview tells us H&M is also negotiating space at Ottawa's Rideau Centre. Ottawa's Rideau Centre is also undergoing a significant expansion which will include a new Nordstrom, a relocated food court and a La Maison Simons store we reported on last month

[Partial Article Source]

H&M website: www.hm.com/ca

Bayshore Shopping Centre website: www.bayshoreshoppingcentre.com


LA MAISON SIMONS OPENING AT OTTAWA'S RIDEAU CENTRE || SPRING 2015

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La Maison Simons will open a 105,000 square foot store at Ottawa's Rideau Centre in the Spring of 2015. This will be Simons' ninth store (after its Galeries d'Anjou store opens this August) and its second location outside of Quebec.

Today's announcement is surprising. In November 2012 we reported Simons was shut-out of Rideau Centre by Nordstrom.  Simons subsequently sought space in an Ottawa-area mall in Gatineau, Quebec. Despite the signed Rideau lease, Simons may still open a second Ottawa-area store, according to Simons President and CEO Peter Simons.

Negotiations between La Maison Simons and Rideau Centre landlord Cadillac Fairview commenced about five years ago. Negotiations stalled in November 2012. Renewed talks led to a signed lease agreement between Simons and Rideau Centre about two weeks ago. 

Simons' first non-Quebec store opened at West Edmonton Mall in October of 2012. That store recently won Chainstore Age's International Store of the Year award. Peter Simons says they are actively seeking space in and/or around Vancouver and Toronto as well as in other Canadian cities.

Construction is underway for an expansion of Ottawa's Rideau Centre. This week, unfortunately, part of the facade of the historical Ogilvy department store collapsed with preservation efforts. Its historical elements are to to be integrated into the mall expansion.

We will update readers with further La Maison Simons Rideau Centre store details, including store size, location, and Rideau Centre expansion renderings and floorplans. 

Thank you to our source, Retail Insider Geoffrey Hall, for providing us with the link to this article source

La Maison Simons website: www.simons.ca

Rideau Centre website: www.rideaucentre.net

La Maison Simons in Talks to Open in Suburban Ottawa After Rideau Centre Deal Falls Through

Image: http://www.image-architectural-illustration.com
La Maison Simons is in talks with Oxford Properties to open a new store at Les Promenades Gatineau in Gatineau, Quebec. This mall is in suburban Ottawa. Discussions are only preliminiary and a source tells us Simons wants space between 80,000 and 100,000 square feet.

Simons originally planned to open at Cadillac Fairview's Rideau Centre. Talks broke down after Nordstrom secured Rideau Centre space. Peter Simons, President and CEO of La Maison Simons, expressed disappointment that the deal fell through after five yeears of planning, negotiation and design of a Simons planned for an eastward Rideau Centre expansion.

Negotiations for a Simons store at Ottawa's St. Laurent Shopping Centre have also been unsuccesful. Landlord Morguard Investments was unable to release a non-competition clause from a large-format retail competitor, thus impeding Simon's possible St. Laurent tenancy.

Les Promenades Gatineau/Oxford Properties will be announcing a major mall expansion that will include a food-court relocation, the elimination of government offices on-site, and a substantial retail expansion that will include at least one new anchor store.

Our Toronto-based retail analyst speculates that La Maison Simons will try to secure a second Ottawa-area store after securing space in Gatineau. We will continue to keep you updated on La Maison Simon's exciting Canada-wide expansion plans.

La Maison Simons website:www.simons.ca



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Ottawa's Rideau Shopping Centre to Expand

Retail Insider has the flu, so we're going to post text to an existing article and bring you some new content hopefully tomorrow.

We've just got confirmation that, after two Sears Canada execs resigned today, the road may be paved for one or two more Nordstrom announcements in Toronto. We may have information about a Toronto Eaton Centre Nordstrom as early as Friday. We're going to rest in bed now after posting this story...
Expansion location for Ottawa's Rideau Centre. Image: Ottawa Citizen
"OTTAWA — The owners of the Rideau Centre have revealed plans for a massive, $250-million renovation and proposed expansion of the downtown shopping mall, adding further fuel to Ottawa’s red hot retail boom.


“We’ve had a grand vision for the property,” Sal Iacono, eastern portfolio manager of Cadillac Fairview Corp. Ltd., told the 19th annual Ottawa Real Estate Forum on Thursday.

The project is spurred by the planned 2015 opening of an outlet by upscale American retail chain Nordstrom in the top two floors of a space now occupied by Sears, which is closing its Rideau Centre outlet. The $100-million renovation will relocate the mall’s food court to the ground floor of the former Sears store, closer to the Apple Store. The rest of the mall will also be updated.

Iacono also revealed a planned 180,000-square-foot expansion of the mall on the corner of Nicholas Street and Rideau Street, now the site of a parking lot. The company has earmarked $150 million to build the addition.

Mall general manager Cindy VanBuskirk was quick to point out that the conference marked the first public disclosure of the expansion plan. She said the mall still needs to win approval from city council and hold public consultations before it can move ahead with construction.

However, Iacono revealed a fairly aggressive time frame for the construction. Cadillac Fairview wants to have shovels in the ground as early as next spring and hopes to open the expansion in time for Nordstrom’s arrival in 2015. The expansion will bring the mall to 837,000 square feet from its current 657,000 square feet.

Preliminary artist’s renderings of the new shopping area reveal that trendy clothing chain H&M will be a tenant. The drawings portray a three-storey building that wraps around the corner of Nicholas and Rideau, with two levels of underground parking below. An H&M logo is prominently featured as the anchor store in the rendering.

Cadillac Fairview showed the drawings at the conference but declined to provide copies to the Citizen.

H&M has reportedly been looking to come to Ottawa for nearly nine years, but has yet to publicly announce when and where it will setup shop in the capital. Asked for a timeline for the store’s arrival, Iacono would only say: “To answer your question, we are hoping to open our expansion in spring of 2015.”

The project is the latest example of a booming retail evolution that is attracting numerous international retailing chains to Ottawa.

Bayshore Shopping Centre is in the midst of expanding to 1.1 million square feet from 722,000 square feet to accommodate a Target store and other retailers. Tanger Outlets has partnered with RioCan Real Estate Investment Trust to build a 350,000-square-foot outlet mall, with as many as 15 American-style outlet shops, on 50 acres north of Highway 417 near Scotiabank Place. The company hopes to have the outlets ready for shoppers by 2014.

Ikea recently opened its largest Canadian outlet — at least until an expanded Montreal location opens — at the Pinecrest Shopping Centre.

“Ottawa is a lucrative market,” said Barry Nabatian, director of the market research division at Shore-Tanner & Associates. “More than half of the labour force work in high paying jobs.”

Nabatian said the average income of a household in Ottawa is $98,000. More than 40 per cent of Ottawa households bring home more than $100,000 annually.

Ottawa shoppers spend more than $15.3 billion on retail annually. Stores in the capital collect, on average, $475 per square foot in retail sales annually. Other Canadian cities see shoppers spend between $250 and $350 per square foot of retail space on an annual basis.
Nabatian and other forum speakers said Victoria’s Secret, Anne Taylor, J Crew and U.S.-based Mexican food chain Chipotles are among the chains looking for new or further Ottawa locations.

Bryce Dymond, principal with retail real estate consulting firm Northwest Atlantic (Canada) Inc., said Nordstrom’s choice of Ottawa as one of its first four Canadian cities will set off alarm bells for other American retailers and make the capital even more attractive.
“Nordstrom will do what Apple did for malls years ago,” said Dymond. “If it’s good enough for Nordstrom, its good enough for anyone.”

He said Nordstrom’s arrival may even push other upscale U.S. retailers such as Macy’s to move north.

The forum attracted a record crowd of 525 real estate professionals to the Hampton Inn and Conference Centre on Coventry Road to discuss where the Ottawa market is heading. Other speakers included Mayor Jim Watson, Mario Lefebvre, director of the Conference Board of Canada’s centre for municipal studies, and Cal Kirkpatrick, president of Colonnade Development.

© Copyright (c) The Ottawa Citizen

Read more: http://www.ottawacitizen.com/life/Rideau+Centre+plans+250M+rebuild/7376837/story.html#ixzz293fSeCYQ"

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Nordstrom Press Release Names First Four Canadian Locations

Photo: Bloomberg
This morning Nordstrom and commercial real estate owner/manager Cadillac Fairview announced Canada's first four Nordstrom locations. We previously reported these four locations, and we now have more information on opening dates and store sizes:

1) The Vancouver Pacific Centre location will be about 230,000 square feet and will occupy the ground, second and third floors of the current Sears location. The top four floors will be 280,000 square feet of office space, and the 48,000 sq ft basement level will be a retailed extension of Pacific Centre's mall-level. It will open Spring 2015.

2) The Calgary Chinook Centre store will be about 140,000 square feet, occupying the Sears store at the North end of the mall. It will open Fall 2014.

3) The Ottawa Rideau Centre store will be about 157,000 square feet, occupying the two upper levels of of the three-level, 240,000 sq ft  current Sears store. It will open Spring 2015.

4) The Toronto Sherway Gardens store will be about 138,000 square feet, and will be a newly-built store at the south-end of the mall (currently occupied by Sporting life, as we previously reported). It will open Fall 2016.

And now for the information not provided in today's press conference. Nordstrom and Cadillac Fairview are actively trying to take over Sears leases at The Toronto Eaton Centre and Toronto's Yorkdale Shopping Centre. Part of the 800,000 square foot Toronto Eaton Centre store would be Nordstrom, part of the space would be sub-divided, and part might possibly go to La Maison Simons, the Quebec-based retailer seeking a Canadian expansion. The 190,000 square foot Yorkdale store would be entirely (or mostly) Nordstrom, going head-to-head with neighbouring Bay and Holt Renfrew stores.

Nordstrom is examining other retail locations across Canada. Many of these are currently occupied by Sears Canada. A few potential locations include:

-Edmonton: Sears Southgate Shopping Centre
-Richmond, BC: Sears Richmond Centre
-Burnaby BC: Metropolis at Metrotown
-Winnipeg MN: Sears Polo Park

Nordstrom's president, Blake Nordstrom, says Canada has room for between six and nine full-sized Nordstrom stores.

Readers may note that some of the Nordstrom stores seem a bit 'small' and indeed are only slightly larger than a full-sized Holt Renfrew store. Canada's Nordstrom's will initially lack some services offered by some larger American Nordstroms, such as spas, multiple restaurants, and wedding dress salons. The Vancouver store, however, will likely have all of these.

Both Holt Renfrew and The Hudson's Bay Company will be scrambling to secure designer labels and vendors. Holt Renfrew already has massive expansion plans as we previously reported, and The Hudson's Bay Company will issue an IPO late October 2012 to raise much-needed funds (over $1billion) to renovate many of its Canadian locations.

We will consistently update this website with further Nordstrom Canada news, as well as Hudson's Bay Company and Holt Renfrew efforts to modernize and expand their current locations in anticipation of retail competition previously unseen in Canada.

Nordstrom website: www.nordstrom.com

Cadillac Fairview website: www.cadillacfairview.com




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Nordstrom Formally Announcing Canadian Locations Thursday, September 13th

Image :Nordstrom
Nordstrom will announce its first round of Canadian stores via press conference on Thursday, September 13th. We have been provided some insider info from our mole at the Seattle headquarters, and have been asked to not share it until after the Toronto press conference. We can confirm that there will eventually be more than four Nordstrom stores in Canada, though only four will initially be announced.

This is only the beginning. Nordstrom Rack will also open multiple locations in Canada, and we will provide details as they come available. Nordstrom will also be carrying some designers not currently readily available in Canada (or at all), and it will be snatching up some exclusive designers from both The Hudson's Bay Company and Holt Renfrew. Expect label wars unprecedented in Canadian history.

As a teaser, next week we'll be discussing Nordstrom's retail interiors and how Canadian locations will be slightly different than American Nordstroms. Nordstrom will also introduce some hard-shops for women's accessories and clothing, competing directly with Holt Renfrew's designer floors. The Hudson's Bay Company should also be concerned, as Nordstrom will carry both Coach and Burberry.

One of Nordstrom's Canadian challenges will be menswear. Details to follow next week.

Watch this website Thursday and follow us on twitter (@retailinsider_) for timely updates on Nordstrom's entry into Canada!

Nordstrom website: www.nordstrom.com




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