[Moncton] Retail Thread - Page 49

MonctonRad · #**961** Posted **Mar 23, 2013, 1:05 PM**

Remember all that chatter a few pages back on our forum about Costco?

Well, now the "Sleuth" in the T&T is reporting the same rumour - that Costco has in fact purchased the Day & Ross property at the corner of Mapleton and the TCH and is planning on constructing a much larger store in this new location....

Given this prime location next to the TCH, I imagine a Costco gas bar might be in the offing too. Can you imagine how much traffic this would pull in from off the highway!

I would say that the credence of this rumour just took a giant leap forward!!!

C_Boy · #**962** Posted **Mar 23, 2013, 5:56 PM**

Drove by Costco a while ago... the line up of cars went from Costco, to the stop sign, down the street onto trinity, then the lane was full all the way to Mapleton just waiting to get into the Costco parking...

C_Boy · #**963** Posted **Mar 23, 2013, 5:56 PM**

'Tag' Declares Bankruptcy, London Store Set To Close
AM980 News

3/23/2013

One of the biggest tenants in a south London plaza is calling it quits.

Staff who work for Tag have confirmed to AM980 that the retail company has gone through bankruptcy proceedings and all of its nine locations are slated to close.

Employees say the stores, including the location in Southgate Centre at 1045 Wellington Road, will be shuttered as of March 31st.

The store is in the same plaza as Chapters and the new David's Bridal store.

The number of people employed at the Wellington Road location is unclear at this time.

Tag currently has stores open in Dartmouth Nova Scotia, Hamilton, St. Catharines, London, Windsor, Whitby, Edmonton and Calgary.

The company's website says another location was scheduled to open in Moncton, New Brunswick some time in the future.

Representatives from Tag's Quebec headquarters could not be immediately reached for comment.

josh_cat_eyes · #**964** Posted **Mar 23, 2013, 6:53 PM**

Crazy. PEI doesn't even have Costco yet and Moncton is getting a new one haha. Should be nice tho! What is supposed to go in the current Costco building. Also any word on Champlain Plaza phase 2?

Freddypop · #**965** Posted **Mar 23, 2013, 7:01 PM**

Quote:

Originally Posted by MonctonRad

Remember all that chatter a few pages back on our forum about Costco?

Well, now the "Sleuth" in the T&T is reporting the same rumour - that Costco has in fact purchased the Day & Ross property at the corner of Mapleton and the TCH and is planning on constructing a much larger store in this new location....

Given this prime location next to the TCH, I imagine a Costco gas bar might be in the offing too. Can you imagine how much traffic this would pull in from off the highway!

I would say that the credence of this rumour just took a giant leap forward!!!

Yep...And Moncton needs to have a larger Costco complete with gas bar. Market is too large for the current building. It will be interesting to see what goes into the old one once the move is complete.

Philbilly · #**966** Posted **Mar 23, 2013, 7:56 PM**

Quote:

Originally Posted by MonctonRad

Remember all that chatter a few pages back on our forum about Costco?

Well, now the "Sleuth" in the T&T is reporting the same rumour - that Costco has in fact purchased the Day & Ross property at the corner of Mapleton and the TCH and is planning on constructing a much larger store in this new location....

Given this prime location next to the TCH, I imagine a Costco gas bar might be in the offing too. Can you imagine how much traffic this would pull in from off the highway!

I would say that the credence of this rumour just took a giant leap forward!!!

all i have to say i told you sooo

lol but my source has not confirmed that this is a done deal

NBNYer · #**967** Posted **Mar 23, 2013, 8:07 PM**

Quote:

Originally Posted by Philbilly

all i have to say i told you sooo

lol but my source has not confirmed that this is a done deal

Can't find your original post. Wasn't there also mention of a rumored residential development (condos) next to the possible new Costco site?

Hogie75 · #**968** Posted **Mar 23, 2013, 8:23 PM**

don't hold your breath on the tag store opening in moncton

it appears they are going through bankruptcy.
http://www.am980.ca/news/local/story.aspx?ID=1919408

MonctonRad · #**969** Posted **Mar 23, 2013, 9:19 PM**

Quote:

Originally Posted by Hogie75

don't hold your breath on the tag store opening in moncton

it appears they are going through bankruptcy.
http://www.am980.ca/news/local/story.aspx?ID=1919408

Very interesting news about Tag. I suppose this explains the glacial pace of the interior fit-up of the Mapleton Centre location. This is yet another setback for the Mapleton Centre. Mapleton is a nice development that the gods have not smiled kindly upon.

I wonder what will happen with the building? It's about the right size for a Best Buy, but that's yet another company with pecuniary difficulties......

OUIR@random · #**970** Posted **Mar 23, 2013, 10:21 PM**

What did I say about Tag all this time...

I could not see how this business could make it, the retail world is ruthless and so competitive, now more than ever.
This is indeed bad news for the Mapleton Centre, this development is cursed. My wife went to Carter's the other day and I stayed in the car; I started to look around and... this place is depressing (not the store), but the whole plaza. I sure hope spring will bring new life to this place... but I would not be surprised to see other retailers backing out.

Currently; 3 large anchor tenants are vacant, not great at all, I doubt there will be any expansion in the near future.

I sure hope JYSK is coming, it would fit well in Moncton and at Mapleton. This company is expanding and doing fine, I have a feeling it will come to Mapleton at some point in the future.

porchmouse · #**971** Posted **Mar 24, 2013, 2:26 AM**

Hello, not sure if this has been discussed or not on this thread but I noticed in the jobs section of Moncton's kijiji that there are a few job postings for an Aveda store set to open in Champlain Place. I have not been able to find any further details on their site.

I have been in their stores in Ottawa (Rideau Centre) and Toronto (Eatons Centre) and they are very nice, however a bit out of my price range. It should fit in well with the look Champlain Place is going for.

http://www.aveda.com/index.tmpl

Here's a link to one of the ads, you can find the other ones by searching "Aveda."

http://moncton.kijiji.ca/c-jobs-sales-re...pening-Champlain-Mall-W0QQAdIdZ467673792

Cheers,

MonctonRad · #**972** Posted **Mar 24, 2013, 2:55 AM**

Nope, this is news to us. Thanks for posting porchmouse.

This would presumably require only a smaller storefront. I could see Aveda taking part of the space currently under renovations behind David's Tea.

So, the new-to-market stores currently slated for Champlain this year now include:
- Fossil
- L'Occitane en Provence
- Aveda

Philbilly · #**973** Posted **Mar 24, 2013, 2:18 PM**

Quote:

Originally Posted by Philbilly

Some of you may know but there rumor of cosco to move from there current location . I have a insider telling me that cosco offered day & ross transportation on mapleton rd to buy there land and day&ross counter offer there deal .now cosco have until april to decide on that.also the gorvernment want day&ross out of there to because they own 82 acre in that area .what i hear is they want to build condos in that area and day ross is in the way ,so cosco would slit the acres in half with government .day ross been offered a good price on berry mills rd industrial park to move there and also caledonian park but do not know if they have a good deal on that location .that how much the government want them to go. This is just a rumor but if cosco move kent may take over the building Just a rumor

This was my original post nbnyer

Philbilly · #**974** Posted **Mar 25, 2013, 6:16 PM**

Not 100 % confirm but my source telling me it basically a done deal between day Ross and costco

NBNYer · #**975** Posted **Mar 25, 2013, 6:39 PM**

Quote:

Originally Posted by Philbilly

Not 100 % confirm but my source telling me it basically a done deal between day Ross and costco

Any idea where Day & Ross is gonna end up?

Philbilly · #**976** Posted **Mar 25, 2013, 7:59 PM**

[QUOTE=NBNYer;6066050]Any idea where Day & Ross is gonna end up?[/QUOTE. There 2 spot they are considering, it either caladonia park or the berry mills park. I know west end park on berry mills offer them a good price on a lot.so my quess it there, but when my guy know more on witch location, I post it here

curious · #**977** Posted **Mar 27, 2013, 3:51 PM**

Quote:

Originally Posted by Norshorer

Champlain Place is being slowly turned into a glorified "Fashion Mall" and there's a plethora of clothing stores around the rest of Moncton & Dieppe, so why are people so intent on adding more of the same?

Just how many shoe stores, women's clothing stores, men's clothing stores, kids clothing stores, value/bargain clothing stores, trendsetter clothing stores, high-end luxury clothing stores, etc, etc, etc do we need?

I mean come on... you can't fart sideways in any retail area of Moncton or Dieppe without hitting a frickin clothing or shoe store. How about focusing on something DIFFERENT like new electronics stores, new photography shops (Still peeved that Henry's decided to bail on Mapleton), new moutain gear/hiking/camping shops, new restaurants (instead of the same old ones continuously setting up shop in a new end of town... our 46th Tim's? No thanks. What's next, a Tim's inside a Tim's? How meta!) or some other form of specialty retailer?

I'm still surprised Moncton managed to land a Bed Bath & Beyond with all the cries for designer clothing stores that have been floating around the forums every time the words "new store" are mentioned. Don't mean to single anyone out or cause stir, just voicing my 2 cents... sorry, 5 cents worth about what I'm observing lately.

What about something kitchy like novelty stores similar to the Spencer's Gifts stores in USA? I know it's not to everyone's tastes, but when you want a funny gift or an off the wall item, they're usually the best places to find them.

I don't know, just fedup of seeing more of the same over and over again. Would like something different for once. That Liquid Gold olive oil bar on Trinity is an idea in the right direction (nobody ever thought we'd see something like that appear around here).

I was downtown Saint John last weekend and I was surprised by the stores that were open on King St and in Brunswick and Market square. High end clothing stores like Olsen Europe, Envy, Urban shoe myth and a few others. It was nice to see small independent stores and not these big box stores.

I would love to open a retail store of sorts and I am looking for ideas. I know men do not have a lot of places to shop neither do business women.

I thought of an outdoor store and even contacted MEC (for franchise) and they do not franchise. I would want to open up downtown but only if we were to get the convention centre. I even thought of opening a Whole Grocery store (similar to petes frutique in Halifax). I am open to suggestions.

OUIR@random · #**978** Posted **Mar 27, 2013, 4:40 PM**

What is a Whole Grocery store? Organic & Fresh produce store? It could work but there's already the Dieppe and Moncton market on the weekends, both are doing fine...

curious · #**979** Posted **Mar 27, 2013, 5:08 PM**

Quote:

Originally Posted by OUIR@random

What is a Whole Grocery store? Organic & Fresh produce store? It could work but there's already the Dieppe and Moncton on the weekends, both doing fine...

I was thinking about it but OMG store opened up. So that rules out the grocery store. I was thinking more in the line of different veggies, fruit, imported foods etc. Organic foods as well. Prepared foods for supper.

I am not sure I would love to open my own store and be my own boss

Taeolas · #**980** Posted **Mar 27, 2013, 6:04 PM**

Granted I'm just a code monkey with no desire to go into independent retail, but my own gut feel is that if you are looking to start your own retail store, you need to first figure out what you want to retail.

Make a Top 5 or Top 10 list of things you know and would like to sell. Remember as a retailer, you need to KNOW what you are selling, so if you get into Cameras, you need to know all the ins and outs of how a camera works and is used and what cameras and lenses work best for what conditions.

Once you have that list, group like with like, to get a feel for what your coverage might be. A "Ladies Wear and Kosher Butcher" store probably won't work well together, even if you know a lot about both subjects. But a Kosher Butcher and Deli are a classic combo.

Then look at the market (Moncton in this case) and your possible store choices and figure out which ones might work best in it, and start researching, see who else is there, see who's started previously and closed up and try to figure out why they closed. Bankrupt due to lack of business is one sign. Closing because they were in business for 20 years and are retiring now with no one to take up the flag is an entirely different thing.

Once you know what you want to open, then the hard part starts up.