Hmmm, wonder who tipped them about Marshalls
.....
Time to Marshall your shopping bags
http://www.thespec.com/news/business...-shopping-bags
Shuffle over Buffalo, there will be fewer reasons to cross the border with the advent of yet another American big-name retail brand taking up residence north of the 49th.
Marshalls will open its first store in Hamilton next May at the former Cineplex Odeon Theatre site on Upper James Street. Marshalls is owned by The TJX Companies Inc., which also owns Winners, HomeSense and Stylesense.
This year it opened its first stores in the GTA, where it now has five locations.
Gerald Asa, at Effort Trust in Hamilton, said the former cinema is undergoing reconstruction to convert the building into 32,000 square feet of retail space.
“I think the intention is to open one store in Hamilton and this site is open and accessible.”
A spokesperson for Marshalls could not be reached for comment.
There is a Winners store just down the road on Upper James but Len Kubas, a retail analyst with KubasPrimedia in Toronto, said it’s likely it’ll stay.
“Marshalls is a little less formal and appeals more to men,” he said. “They are similar, but not the same. There’s more of an emphasis on casual wear. Winners has the glitzy jewellery and you might go there to find a dress. Marshalls is more practical.”
He said a Marshalls opened in a former Winners location on Eglinton Avenue in Toronto, but the Winners reopened in a larger space less than a kilometre away.
“They’re seen as complementary rather than competing,” he said.
Marshalls joins Target, Victoria’s Secret, Juicy Couture and a long list of other American retailers moving in a steady march north as the U.S. economy falters.
Earlier this year RioCan announced the construction of a Tanger Outlet on a 35-acre parcel in Halton Hills with a goal of opening by April 2013.
Another, Calloway REIT, announced it was opening a 500,000-square-foot Premium Outlet Mall in Halton Hills in spring 2013 at Highway 401 and Trafalger Road which would offer “value priced high-end goods not currently available in Canada” featuring high-end American retailers.
Kubas said the influx of American stores owes much to the strength of the Canadian economy and the weakness of that in the United States.
But he warns bargain hunters may be disappointed.
“Prices in Buffalo will still be lower than in Hamilton or Toronto. Canadian prices are still higher for a number of reasons, the cost of translation, the cost of higher social benefits. In some cases, the price differential cannot be justified,” he said. “Ultimately though, more competition will bring prices down for consumers.”
Prev
Hybrid Mode