The Metro Vancouver Retail Thread - Page 779

LeftCoaster · #**15561** Posted **Jun 15, 2021, 9:25 PM**

Well Polestar IS Volvo so no surprise there.

I would think Rivian will have an outlet here in short order too.

svlt · #**15562** Posted **Jun 15, 2021, 11:46 PM**

Quote:

Originally Posted by jollyburger

Aritzia bought Reigning Champ, 75% for $63 million

https://retail-insider.com/retail-inside...ition-of-vancouver-based-reigning-champ/

Right on the heels of Reigning Champ's partner brand, Wings + Horns shuttering (or taking an indefinite hiatus). Not sure if that hints ownership has been in some financial trouble or they just wish to move on to other things.

officedweller · #**15563** Posted **Jun 16, 2021, 12:39 AM**

Quote:

Originally Posted by jollyburger

Aritzia bought Reigning Champ, 75% for $63 million

https://retail-insider.com/retail-inside...ition-of-vancouver-based-reigning-champ/

I don't really understand how this stuff is high end
- it looks very run-of-the-mill.

SpongeG · #**15564** Posted **Jun 16, 2021, 12:48 AM**

Quote:

Originally Posted by theKB

It should be interesting how this plays out with lucid. Early reviews are very strong and their potential range sounds impressive (800km) but they are expensive competing with the Mercedes, Audi and Porsche offerings.

Polestar on the other hand awarded their agency's to their existing (volvo) dealer network. The Vancouver location is owned by GAIN which operates a number of franchises on the island but has no locations in Vancouver.

They temporarily took over the old Mini Vancouver space Yaletown and had their signage up for a permanent location on Seymore but that signage has since been removed and a realtors sign with "sold" has been put there. They also have a somewhat odd location at Park Royal. I am wondering if they have leased the old Tesla location on robson as that has been leased recently but that really would be an issue given they have multiple models in development and that space really can only fit one car.

I would expect Rivian locations will be popping up soon as they have offices being established here as well.

I have not seen a Polestar on the road at all, they don't seem that popular

Vancouver is one of the top-performing cities in NA for electric car sales, so not surprising they would open here.

jollyburger · #**15565** Posted **Jun 16, 2021, 12:56 AM**

Quote:

Originally Posted by SpongeG

I have not seen a Polestar on the road at all, they don't seem that popular

Vancouver is one of the top-performing cities in NA for electric car sales, so not surprising they would open here.

Well it starts at $70K..

SpongeG · #**15566** Posted **Jun 16, 2021, 1:03 AM**

isbn't a tesla like a million dollars? lol they are pretty pricey arent they? like $65,000.

LeftCoaster · #**15567** Posted **Jun 16, 2021, 1:06 AM**

Quote:

Originally Posted by officedweller

I don't really understand how this stuff is high end
- it looks very run-of-the-mill.

I have a few wings and horns shirts, they are simple design but the fabric and craftsmanship are top notch.

WarrenC12 · #**15568** Posted **Jun 16, 2021, 3:10 PM**

Quote:

Originally Posted by SpongeG

I have not seen a Polestar on the road at all, they don't seem that popular

Vancouver is one of the top-performing cities in NA for electric car sales, so not surprising they would open here.

I've seen a few on the roads. Less than almost any other EV, including the expensive Taycan.

They look interesting. I have no idea why Volvo didn't launch under their own respected brand name.

CanSpice · #**15569** Posted **Jun 16, 2021, 4:40 PM**

Quote:

Originally Posted by SpongeG

isbn't a tesla like a million dollars? lol they are pretty pricey arent they? like $65,000.

Cheapest Tesla is the Model 3 which starts at about $47k.

svlt · #**15570** Posted **Jun 16, 2021, 6:48 PM**

Quote:

Originally Posted by LeftCoaster

I have a few wings and horns shirts, they are simple design but the fabric and craftsmanship are top notch.

Think he probably meant Reigning Champ, which are mostly luxury sweats. I do have one pair of their sweatpants and they certainly feel much heavier and denser than a random pair of no names I had from the Bay, great for this pandemic, but normally for the $150 price premium...

Quote:

Originally Posted by WarrenC12

I've seen a few on the roads. Less than almost any other EV, including the expensive Taycan.

They look interesting. I have no idea why Volvo didn't launch under their own respected brand name.

Volvo's reputation is not bad but still has a strong stigma attached to them for being boring family vehicles. Their actual products are fantastic and go toe-to-toe against entry level offerings from the Germans and luxury Japanese automakers. Launching a premium brand has been a working strategy for the Asian manufacturers as long as you can actually deliver a great product (now including Genesis) so I can see why they did this with Polestar.

officedweller · #**15571** Posted **Jun 17, 2021, 12:14 AM**

Quote:

Originally Posted by svlt

Think he probably meant Reigning Champ, which are mostly luxury sweats. I do have one pair of their sweatpants and they certainly feel much heavier and denser than a random pair of no names I had from the Bay, great for this pandemic, but normally for the $150 price premium...

Yeah, I meant Reigning Champ. ie the $120 cotton sweat shorts

dreambrother808 · #**15572** Posted **Jun 17, 2021, 6:42 PM**

Quote:

Originally Posted by officedweller

Yeah, I meant Reigning Champ. ie the $120 cotton sweat shorts

Pretty much all higher end items are like that though, with a price premium that far outstrips the quality upgrade. The target audience is people for whom that cost has little to no impact. The sad part is when people who can’t afford it waste their money on such things.

connect2source · #**15573** Posted **Jun 17, 2021, 10:36 PM**

New H&M Home store opening @ Brentwood. First for Metro Van.

https://dailyhive.com/vancouver/hm-home-the-amazing-brentwood-burnaby-vancouver-interior-open

SpongeG · #**15574** Posted **Jun 18, 2021, 12:46 AM**

Quote:

Originally Posted by dreambrother808

Pretty much all higher end items are like that though, with a price premium that far outstrips the quality upgrade. The target audience is people for whom that cost has little to no impact. The sad part is when people who can’t afford it waste their money on such things.

Prada has some nylon shorts for over $1000. $120 for shorts isn't really that bad.

source

SpongeG · #**15575** Posted **Jun 18, 2021, 12:51 AM**

Quote:

Originally Posted by connect2source

New H&M Home store opening @ Brentwood. First for Metro Van.

https://dailyhive.com/vancouver/hm-home-the-amazing-brentwood-burnaby-vancouver-interior-open

I popped in, I am a regular buyer on their online shop, it's nice to see things in person as I've bought a few things and had the sizing completely wrong lol, like a teeny tiny flower pot I got once or a very big flower pot. Not the sizes I was expecting.

The stock is very low, they have really spaced out what they have to fill out the shelves, compared to other H&M Home stores I have been to it's very sparse. I did overhear a staff member tell a shopper that they would be getting a delivery of stock tomorrow, so hopefully, that fills it in more. That said it does have a good variety of items and many people were loading up.

dreambrother808 · #**15576** Posted **Jun 18, 2021, 1:00 AM**

Quote:

Originally Posted by SpongeG

Prada has some nylon shorts for over $1000. $120 for shorts isn't really that bad.

source

Comparatively, yes, and for $1200 the cost-to-quality ratio is even lower.

Built Form · #**15577** Posted **Jun 18, 2021, 9:22 AM**

Tim Horton's on Granville and Nelson will be closing. A For Lease sign in the window. Another casualty of the declining street.

jollyburger · #**15578** Posted **Jun 18, 2021, 5:30 PM**

Quote:

Originally Posted by Built Form

Tim Horton's on Granville and Nelson will be closing. A For Lease sign in the window. Another casualty of the declining street.

Is it declining or has it just not gotten that much better even with the new offices on Howe/WeWork at the old Tom Lee. I mean Aldo's came and went but there's literally nothing south of Smithe that would draw people (minus night clubs)

officedweller · #**15579** Posted **Jun 18, 2021, 9:25 PM**

Quote:

Loblaw expands PC Optimum at Esso stations, points redeemable on gas, car washes
by The Canadian PressPOSTED JUN 17, 2021 6:24 AM EDT

TORONTO — Canada’s biggest food and drugstore retailer is expanding its loyalty program at Esso gas stations, allowing PC Optimum members to both earn and redeem points when they fuel up.

Loblaw Companies Ltd. says it first teamed up with Imperial Oil in 2018 to allow its loyalty rewards members to earn points when buying gas at Esso stations.

The company says starting early next year PC Optimum cardholders will also be able to redeem points for rewards including fuel and car washes.

Amy Newman, retail sales and marketing director for Imperial, says the program has been successful and that the expanded partnership will take the customer experience “to the next level.”

Imperial says it will be retiring its Esso Extra program and that its members will be able to convert existing points to PC Optimum.

Uwe Stueckmann, Loblaw’s chief consumer officer, says the company is excited to give Esso Extra members the chance to join the PC Optimum program, which has 18 million members.

This report by The Canadian Press was first published June 17, 2021.

https://montreal.citynews.ca/2021/06/17/...ons-points-redeemable-on-gas-car-washes/

whatnext · #**15580** Posted **Jun 18, 2021, 9:28 PM**

Quote:

Originally Posted by jollyburger

Is it declining or has it just not gotten that much better even with the new offices on Howe/WeWork at the old Tom Lee. I mean Aldo's came and went but there's literally nothing south of Smithe that would draw people (minus night clubs)

I can't imagine working at a location like that and having to keep the washrooms clean etc.