Canadian Retail Thread

[LeftCoaster]

Yes The Bay certainly has some overlap in its urban stores which could be converted to Saks. Their Bloor location comes to mind as the most obvious. Oakridge would be another good choice as well.

[miketoronto]

Or we could just keep Holt Renfrew.

Canada is going to have the same problems as the USA with retail, if we continue to expand retail way more than the population can support.

High end stores like Saks already make half the sales per sq foot that Holt Renfrew does.
This is likely due to Saks and most American stores operating way more stores than they need to, to support the high end population.

Keep Saks in the USA. We do not need a carbon copy of every store in every world city.

[miketoronto]

A lot of these high end stores like Saks are really starting to waterdown their brands by being in so many places.

Louis Vutton has already faced this issue, and is actually limited the opening of new stores this year, as it has been shown that customers are starting to feel LV is becoming too common, due to them having so many stores.

[eternallyme]

Originally Posted by miketoronto

A lot of these high end stores like Saks are really starting to waterdown their brands by being in so many places.

Louis Vutton has already faced this issue, and is actually limited the opening of new stores this year, as it has been shown that customers are starting to feel LV is becoming too common, due to them having so many stores.

Supply and demand. Although they may be overdoing it, that is usually by opening too many stores in individual markets. In Canada, the demand far outstrips the supply.

Also, re: downtown vs. suburbs, most cities the money lies in the suburbs, not downtown. And in downtown Toronto, I am sure they would love to set up there but the retail space is not there now (come on Sears, get out of the Eaton Centre!) and building new/demolition is incredibly expensive.

[LeftCoaster]

Originally Posted by miketoronto

Or we could just keep Holt Renfrew.

Canada is going to have the same problems as the USA with retail, if we continue to expand retail way more than the population can support.

High end stores like Saks already make half the sales per sq foot that Holt Renfrew does.
This is likely due to Saks and most American stores operating way more stores than they need to, to support the high end population.

Keep Saks in the USA. We do not need a carbon copy of every store in every world city.

Mike the stores in question already exist, how does converting a bay to saks result in us being over retailed? Your xenophobia is making you say some pretty contradictory things here.

Also Saks does lower spf because they operate as an anchor department store whereas Holts operates more like a large non major/small anchor. They are completely different business models. Canadian businesses do better spf on average due to lack of options, that is true, but a little competition can't hurt, it's not like we are building malls en mass here like they were in the US.

[SpongeG]

target opens in july in saskatoon


target canada facebook page

[waterloowarrior]

Loblaw to buy Shoppers Drug Mart for $12.4B
Toronto Star July 15 2013

Loblaw Cos. said Monday it “changes the retail landscape in Canada” with its deal to buy Shoppers Drug Mart Corp. for $12.4 billion and merge two of Canada’s biggest retailers.
Loblaw, the country’s largest supermarket company, will pay $61.54 a share for the leading Canadian drugstore chain, the companies said in a statement.

Loblaw currently has a 1 per cent share of the pharmacy business in Canada dominated by Shopper’s, he said. Shopper’s, meanwhile, sells $1 billion in food, compared with Loblaw’s $30 billion.

“Shopper’s already has food space. We think we can considerably expand the productivity.”

Shopper’s, in turn, can offer Loblaw a network of the “best urban small-format” stores, Trius said.
“Just imagine being able to go to Loblaws and having the option to buy a wide variety of the products you’d see at Shoppers,” said Trius.
“Or you could go to Shoppers and buy your favourite PC Blue menu items. Imagine a very basic full grocery shop.”

Read more http://www.thestar.com/business/2013...4_billion.html

[SteelTown]

Meet the new Tim Hortons look, unveiled today at Hamilton....



http://yourhamiltonbiz.com/new-look-...s-on-main-west

Comfortable chairs, booth seating, an automatic sliding door, a fireplace, a big screen television and satellite are just a few of the elements that have been added to the store.

The theatre baking, which uses a state-of-the-art combination oven, allows food to be freshly prepared in front of the customers. This is the only Tim Hortons in Hamilton that offers this. There is also a cold stone creamery that serves soft-swirl ice cream, another franchise-first for the city.

In the next month, Burch also plans to add a patio that will seat approximately 10 people.

[kwoldtimer]

Originally Posted by SteelTown

Meet the new Tim Hortons look, unveiled today at Hamilton....



http://yourhamiltonbiz.com/new-look-...s-on-main-west

Comfortable chairs, booth seating, an automatic sliding door, a fireplace, a big screen television and satellite are just a few of the elements that have been added to the store.

The theatre baking, which uses a state-of-the-art combination oven, allows food to be freshly prepared in front of the customers. This is the only Tim Hortons in Hamilton that offers this. There is also a cold stone creamery that serves soft-swirl ice cream, another franchise-first for the city.

In the next month, Burch also plans to add a patio that will seat approximately 10 people.

Working class/hockey nation goes "bistro"!

[SteelTown]

They've finally gone urban friendly, who would have imagined patio space for Tim Hortons?!

In that area where the new Tim Hortons was unveiled there's several Williams, Starbucks, Second Cup and Van Houtte at Mac. So competition forced Tim Hortons to adopt.

[MonctonRad]

We had one of the new format Tim Horton's stores in Moncton for several months now. Also. there are several Timmies/Cold Stone Creamery combo stores in southeastern NB. They have been present for a couple of years I think.

[Biff]

Originally Posted by MonctonRad

We had one of the new format Tim Horton's stores in Moncton for several months now. Also. there are several Timmies/Cold Stone Creamery combo stores in southeastern NB. They have been present for a couple of years I think.

We have one of those brand new format stores as well right by my house (Winnipeg) it has been open since Christmas.

[vid]

Thunder Bay had one last October. We've had the one with Coldstone Creamery for a year or two, maybe more?

Except for the patio and theatre baking, it's basically a flashier Robin's Donuts with shitty coffee. The whole "fireplace and flat screen TVs" thing is getting kind of played out, now. It's like that's a prerequisite for eating out now.

[Trevor3]

Originally Posted by SteelTown

Meet the new Tim Hortons look, unveiled today at Hamilton....

http://yourhamiltonbiz.com/new-look-...s-on-main-west

Comfortable chairs, booth seating, an automatic sliding door, a fireplace, a big screen television and satellite are just a few of the elements that have been added to the store.

The theatre baking, which uses a state-of-the-art combination oven, allows food to be freshly prepared in front of the customers. This is the only Tim Hortons in Hamilton that offers this. There is also a cold stone creamery that serves soft-swirl ice cream, another franchise-first for the city.

In the next month, Burch also plans to add a patio that will seat approximately 10 people.

I remember when our McDonald's got these, especially the fireplace, and just sitting there staring at it and thinking everything was wrong. McDonald's is supposed to be purple and green inside with Ronald McDonald and Grimace (the weird purple guy) everywhere.

Isn't Tim Hortons owned by a US company now? I guess they want to compete more directly with Starbucks, which I've never understood the fuss over to begin with.

[Nathan]

Originally Posted by Trevor3

I remember when our McDonald's got these, especially the fireplace, and just sitting there staring at it and thinking everything was wrong. McDonald's is supposed to be purple and green inside with Ronald McDonald and Grimace (the weird purple guy) everywhere.

Isn't Tim Hortons owned by a US company now? I guess they want to compete more directly with Starbucks, which I've never understood the fuss over to begin with.

Tim Hortons has been a publicly traded company headquartered in Canada for a few years now.

[matthew6]

Originally Posted by vid

The whole "fireplace and flat screen TVs" thing is getting kind of played out, now. It's like that's a prerequisite for eating out now.

It's to distract you from the shitty dining experience

[yaletown_fella]

Originally Posted by LeftCoaster

Yes The Bay certainly has some overlap in its urban stores which could be converted to Saks. Their Bloor location comes to mind as the most obvious. Oakridge would be another good choice as well.

Who knows, with the 1 Bloor west proposal setting a new precendent, the hudson bays center could be demolished and redeveloped into a new vertical shopping center and mixed use tower.

Is the "pedestrianization" of Oakridge going through? I don't see how it's financially lucrative. I suppose there are condos included in the plan but I dont see why the owners wouldn't just demolish the parking structure and replace it with a huge underground lot and towers.

[WhipperSnapper]

Where would you put a new mixed use tower or are you suggesting the removal of the existing towers and the Bell building as part of the demolition? No offense but, 1 Bloor's square footage is tiny by comparison to the thoroughly mixed use complex (office, residential, hotel, retail) across the street. You would need a One Yonge development on steroids for this to make sense.

[SignalHillHiker]

We now have a The Works in St. John's. It seems to be doing very well - it has a great location.

Second Cup also opened its first downtown location - a corner building that, like most pubs/bars downtown, has large, street-facing windows that are removed on nice days.

There's a new Mediterranean restaurant setting up as well. And a few other things I forget.

[Trevor3]

Originally Posted by Nathan

Tim Hortons has been a publicly traded company headquartered in Canada for a few years now.

I didn't know that, thanks though! I could have sworn I remember them being sold to a US company a while back... oh well, good to know they're still Canadian.