Quote:
Originally Posted by MonctonRad
The retail landscape is certainly shifting rapidly in Canada these days.......
I would be very surprised to see Saks Off 5th or Nordstrom Rack here in Moncton (I could be wrong though). It would be nice to see The Bay return (perhaps downtown as part of the Events Centre or even the new Hudson's Bay Factory Store or Home Outfitters out at the Mapleton Centre.
What would be exciting (and would be a game changer) is if one of the new Canadian Tanger Factory Outlet Malls sets up here in Moncton. Tanger is planning on opening up to 15 factory outlet malls in Canada in the next seven years. Surely at least one (perhaps two) of these would be in Atlantic Canada. If Tanger came here, you might actually see some very interesting stores in their development, like Saks Off 5th.
This statement comes from the Tanger Factory Outlets annual report:
Our developments encompass a diverse tenant base comprised of approximately 400 different well-known, upscale, national designer or brand name concepts, such as Ann Taylor, Banana Republic, Brooks Brothers, Calvin Klein, Coach Leatherware, Eddie Bauer, GAP, J. Crew, Juicy, Kate Spade, Lucky Brand Jeans, Michael Kors, Nike, Old Navy, Polo Ralph Lauren, Saks Fifth Avenue - Off Fifth, Tommy Hilfiger, Under Armour and others.
So, Tanger already has a corporate relationship with Saks Off 5th......
The next 5-10 years could be very interesting......
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Probable Tanger outlets:
1. Toronto (opening this week)
2. Vancouver
3. Calgary
4. Edmonton
5. Ottawa
6. Montreal
7. Winnipeg
8. Halifax
9. Hamilton
10. Quebec City
11. Victoria
12. Saskatoon and/or Regina
13. St. Catherine's/ Niagara
14. St. John's and/or Moncton
15. London/Kitchener/Waterloo/ Second Toronto location
I could see Off Fifth opening at all of the Tanger outlets and the remaining locations being second/third locations in the largest cities (Toronto, Vancouver, Calgary, etc.)
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