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  #5661  
Old Posted Mar 11, 2019, 7:29 PM
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Originally Posted by MonctonBoy View Post
My sources are first-hand and without telling me flat out that it wasn't going to the Hyatt, I can confidently say it will not be going there.
That is great news. We need a place that will have some solid evening potential. Would love to see a sports bar go here with a patio overlooking Ian Fowler plaza.
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  #5662  
Old Posted Mar 11, 2019, 8:40 PM
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That is great news. We need a place that will have some solid evening potential. Would love to see a sports bar go here with a patio overlooking Ian Fowler plaza.
Maybe there is still hope to see Baton Rouge pick the Hyatt for their planned Moncton location, if they can find a franchisee.
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  #5663  
Old Posted Mar 12, 2019, 12:38 AM
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My sources are first-hand and without telling me flat out that it wasn't going to the Hyatt, I can confidently say it will not be going there.
Well, let's look at the evidence:

1) - IHOP has a working relationship with Corey Craig (absolute fact, confirmed by IHOP itself). Corey Craig is building the Hyatt Place.
2) - Construction start date estimated to be December 2019 (found on the CCD construction card, pretty irrefutable). This presumably means an opening date in the first half of 2020, which corresponding to the anticipated opening of the Hyatt Place Hotel.
3) - The hotel is slated to have a "nationally branded restaurant" off of it's lobby area, with an outdoor seasonal patio. IHOP is nationally branded.

That is pretty good evidence, but it is all circumstantial evidence.

Let's look at the flaws in the logic:

1) - While IHOP might be a great restaurant for hotel guests, especially at breakfast times, it doesn't really fit the bill for a restaurant expecting to get substantial business from a major sporting venue across the street. A roadhouse restaurant or a sports bar would be a better choice in this context.
2) - There is very limited parking in the neighbourhood for a restaurant like IHOP, which normally would like to have lots of convenient parking for patrons looking for quick, no muss, no fuss comfort food. In fact, the ideal location for an IHOP would be in a power centre like area, especially next to a major transportation corridor.
3) - Would IHOP fit into the upscale type ambience which would be expected of a Hyatt Place Hotel? Probably not........
4) - The restaurant is slated to have an outdoor patio. This sort of restaurant feature is not really associated with IHOP. This fact alone is a fairly major strike against the IHOP rumour.

So what does this mean?

The evidence remains strong, but is purely circumstantial. The relationship between IHOP and Corey Craig doesn't necessarily mean the restaurant will be located at the Hyatt Place. Corey Craig is a development company, and perhaps has contracted with IHOP to build their restaurant somewhere else. This is entirely possible. If so, then where would this be?

If IHOP is going to an alternate location, the ideal spot would be in the Granite Centre, immediately adjacent to the TCH. There is in fact a restaurant pad at the Granite Drive/Elmwood Ave intersection ready for immediate development. This is an entirely plausible alternative.

So, if this is actually what is going on, then what does this mean for the restaurant space at the Hyatt Place? The only thing we know for sure is that it will be a "nationally branded restaurant" with an outdoor patio space. Baton Rouge is a possibility, and is interested in Moncton, but is looking for local investors. As such, it doesn't sound quite ready for prime time. BR might also be a little too upscale for your typical hockey crowd. I'm personally wondering about Jack Astor's as a possibility. This would fit in with the Avenir Centre really well. It has sort of a sports bar atmosphere and a reliable quick dinner menu for pre and post game crowds. It would be a better choice. Jack Astor's is also rumoured to be interested in Moncton.
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  #5664  
Old Posted Mar 12, 2019, 9:19 AM
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I heard a rumor that a “restaurant chain” is considering the former pharmasave location.
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  #5665  
Old Posted Mar 12, 2019, 9:20 AM
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I heard a rumor that a “restaurant chain” is considering the former pharmasave location on Morton avenue.
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  #5666  
Old Posted Mar 12, 2019, 9:03 PM
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There is a job advert on indeed.com for an assistant manager for Journey's Shoes for Moncton NB.

https://ca.indeed.com/jobs?q=Retail&l=Moncton%2C%20NB&fromage=last&vjk=08a9dc200638f665

I wonder if this is filling one of the vacancies at CF Champlain........
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  #5667  
Old Posted Mar 12, 2019, 10:17 PM
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There is a job advert on indeed.com for an assistant manager for Journey's Shoes for Moncton NB.

https://ca.indeed.com/jobs?q=Retail&l=Moncton%2C%20NB&fromage=last&vjk=08a9dc200638f665

I wonder if this is filling one of the vacancies at CF Champlain........
It’s about time!!!!! Journeys is in Fredericton and Saint John and I’m surprised there was a Hot Topic in Moncton before there was a Journeys.
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  #5668  
Old Posted Mar 13, 2019, 12:09 AM
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Signage is starting to go up for the new Infiniti dealership in the Rallye Auto Mall on Carson Drive.
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  #5669  
Old Posted Mar 13, 2019, 11:55 AM
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The conjecture is that IHOP may or may not be going to the Hyatt. My sources on which restaurant is destined for the Hyatt say it's Baton Rouge (2nd hand rumour though). What if the IHOP (or Jack Astor's) was going in the new Hotel being built were the V Hotel is now, that is going to be a sizeable Hotel in need of a restaurant.
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  #5670  
Old Posted Mar 13, 2019, 12:20 PM
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The conjecture is that IHOP may or may not be going to the Hyatt. My sources on which restaurant is destined for the Hyatt say it's Baton Rouge (2nd hand rumour though). What if the IHOP (or Jack Astor's) was going in the new Hotel being built were the V Hotel is now, that is going to be a sizeable Hotel in need of a restaurant.
So many rumours........

The trouble with the BR rumour is that the clock is ticking, with the Hyatt Place Hotel opening in spring 2020. Meanwhile, BR is still looking for investors for their Moncton restaurant. One would think that construction (of the restaurant) wouldn't start until investors are secured. I don't imagine the hotel would open without the restaurant in place.
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  #5671  
Old Posted Mar 13, 2019, 2:22 PM
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Hyatt

The Hyatt has a restaurant confirmed. It's not public though.

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Originally Posted by MonctonRad View Post
So many rumours........

The trouble with the BR rumour is that the clock is ticking, with the Hyatt Place Hotel opening in spring 2020. Meanwhile, BR is still looking for investors for their Moncton restaurant. One would think that construction (of the restaurant) wouldn't start until investors are secured. I don't imagine the hotel would open without the restaurant in place.
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  #5672  
Old Posted Mar 14, 2019, 6:01 PM
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BREAKING NEWS - The IHOP is being built on a new pad by Casino NB!!! It will front on Mountain Road, between the Petro Canada and Casino Drive, but access will be off of a new street to be constructed on the casino property. More to follow (including site plans).......
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Last edited by MonctonRad; Mar 14, 2019 at 6:14 PM.
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  #5673  
Old Posted Mar 14, 2019, 8:20 PM
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As per the above:


Front elevation of the new IHOP

It will be located on Mountain Road, at the front of a new proposed commercial development off of Casino Drive currently called the Merchants Bank Developments Limited Subdivision. I'm sure this name will be changed to something a little more sexy in the near future.......

LOCATION:


A good location - Oodles of hotels nearby, as well as the zoo and easily visible to motorists passing by on the TCH.
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  #5674  
Old Posted Mar 15, 2019, 10:34 PM
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Here's a good close look at the IHOP site plan. A larger site plan can be found on the [Moncton] Northwest thread..........



The entire development may be large, but I think the build out will be slow. The new street that will service the IHOP will terminate as a stub (for the time being), and will not immediately extend through to Charles Lutes Road. There will be a back entrance from the IHOP driveway into the Petro Canada parking lot. There is a single small lot immediately behind the IHOP which is labelled "future development." This would be ideal for another food service establishment or coffee shop. If IHOP is super successful (which I am assuming it will be), I could see this second lot developing pretty quickly.
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  #5675  
Old Posted Mar 17, 2019, 1:36 AM
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Retail Talk & Share is posting that Crepe Delicious/Froshberg Gelato at CF Champlain is closing.

If true, this really isn't a surprise. That end of the mall receives virtually no traffic aside from people going to Sobeys. If this franchise had been better located, it might have survived.

CF Champlain may have to revisit how that end of the mall is designed and also look at an appropriate retailer mix for the area. They are already doing this with the main entrance by the bus stop with Thai Express and Pur & Simple opening up there. If you look at the mall map. Cadillac Fairview is in fact creating a little exterior strip by the mall entrance next to the bus stop. This could be quite popular with people waiting for the bus.



Note I also added in where I think Journey's is going to open up.

The west end of the mall really needs an anchor to drive traffic. I still think that a mall expansion there could be possible, to the north of the Sobey's between entrances 3 & 4. There has already been speculation that Old Navy might take over part of the H&M space (displacing EB Games and Regis Salon). What if there was also an addition to the mall at the same time providing space for another anchor like Forever 21? This would certainly drive traffic and make that end of the mall less of a dead zone........



Please note that this is purely speculative, with no basis in fact, but there is no question that an enhanced retailer mix in this area of the mall could certainly boost traffic and help prevent this part of the mall from becoming a "dead zone".

Currently mall landlords have to be aggressive and creative in how they attract and manage retail tenancy. Traditional bricks and mortar retail in Canada is in a tremendous period of flux. Malls have to be nimble and agile in how they approach their business model or else risk faltering and becoming irrelevant. CF is doing a creditable job with Champlain Place, but I think more could still be done to allow the mall to achieve it's full potential.........
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  #5676  
Old Posted Mar 17, 2019, 4:50 AM
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Originally Posted by MonctonRad View Post
Retail Talk & Share is posting that Crepe Delicious/Froshberg Gelato at CF Champlain is closing.
Confirmed by a former employee this is true. Owner preferred to buy stock individually instead of in bulk and it seemed to be more of a hobby than a venture for success. I've never seen it busy there but I can see it being replaced by another quick serve snack place like the Pretzelmaker in the same block.
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  #5677  
Old Posted Mar 17, 2019, 2:14 PM
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I can see it being replaced by another quick serve snack place like the Pretzelmaker in the same block.
Agree. The destiny for this particular space is for a food court type business or service related business.

CF however should still do something to help drive traffic to this section of the mall. I dare say that this is the least busy part of the mall. Once you get beyond the cross corridor leading to H&M, Urban Planet and Eddie Bauer, traffic really drops off. Unless you're going to Sobeys, there is no reason for anyone to go there. To avoid any further regression of this far flung part of the mall into becoming a retail desert, CF needs to be proactive. As I fantasized above, if the opportunity even comes for further mall expansion, this is where it should occur.........
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  #5678  
Old Posted Mar 18, 2019, 11:58 PM
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From the Canada Section:

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I don't really shop at Pier 1 but they have a lot of stores in Canada, hopefully they can turn it around.

Reuters: Pier I hires restructuring advisors
BY MARIANNE WILSON
March 15, 2019


Pier I Imports Inc. is mulling its financial options.

The struggling home furnishings and décor retailer has added debt restructuring specialists at Kirkland & Ellis LLP to the advisers who are helping the chain explore strategic alternatives, Reuters reported. Pier 1, which has about 985 stores in the United States and Canada, is also meeting with investment bankers who have debt restructuring expertise, the report said.

As of December, the retailer had about $200 million in long-term debt, with the debt coming due in 2021. At this time, a Chapter 11 filing seems unlikely, the report said, as the company had $71 million in cash as of December as well as $400 million from a revolving credit line,

Pier I has been struggling under increased competition from online players and from value and mass merchants, including Walmart and Target, who have stepped up their offerings in the home décor space. In December, Pier 1 CEO Alasdair James abruptly stepped down amid reports that the company had hired Credit Suisse to help evaluate a full range of strategic alternatives.

...

https://www.chainstoreage.com/finance-0/reuters-pier-i-hires-restructuring-advisors/
And the retail carnage continues.........
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  #5679  
Old Posted Mar 20, 2019, 1:16 AM
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Samuel & Co. is returning to CF Champlain this July!

There is a job advert on Indeed.com

https://ca.indeed.com/jobs?q=Retail&l=Moncton%2C%20NB&fromage=last&start=10&vjk=a2a469d5cec7eb1b

Quote:
Samuel & Co.
Brand New Location! Seeking Management Team!

Samuel & Co. is making its debut in Champlain Place this July! Check us out on Facebook or Instagram (@samuelandco) for a sneak peek at Samuel & Co.

Established in Halifax, NS in 1996 Samuel & Co., has focused its initiatives on providing the ladies of Atlantic Canada with boutique fashions in the convenience of a mall setting. Today, Samuel & Co. is thriving with its eight stores across Nova Scotia, New Brunswick, and Newfoundland.

Are you looking to join a creative retail team and express your style while offering exceptional customer service? Well, Samuel & Co. is looking for you! We are currently seeking a Store Manager, Assistant Managers, and Team Leads to open and successfully operate this new location!
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  #5680  
Old Posted Mar 20, 2019, 10:49 PM
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More CF Champlain news:

Apparently Cazza Petities is moving to a "newer larger location" near Sobeys.

Perhaps their current location was always meant to be temporary - this would explain why they never connected their signage up to electricity.

I presume the location they will be moving to will be the former Blacks (and temporary Stitch It) location. The Froshberg space there is also newly vacant, but wouldn't be large enough.

So, with the empty space next door currently with drywall up, this would mean that once Cazza moves, there would be two side-by-side CRUs potentially available for consolidation. Frequently when this happens, the spaces are consolidated into a single unit. I wonder if this could happen here????

Suddenly things are picking up at CF Champlain:

- Pur & Simple under construction
- Thai Express getting close to opening
- Journeys announced
- Samuel & Co. announced
- Cazza Petites getting ready to move into a larger space.

I wonder what will be next.........
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