In a few months Vancouver will have 5 stores, thats pretty fast and several stores are already under negotiaton for Toronto
MINISO Launches Aggressive 500 Store Canadian Expansion
Chinese variety retailer MINISO, which positions itself as a ‘Japanese lifestyle brand’, has big plans for Canada. The company opened its first Canadian store in Vancouver last month, and it could eventually operate as many as 500 stores in Canada, according to a representative.
MINISO is a value-priced retailer that might be classified as a variety store, specializing in household and consumer goods that include cosmetics, stationery, toys and kitchenware. It was co-founded in 2013 by Japanese designer Junya Miyake and Chinese entrepreneur Ye Guo Fu, and is headquartered in Guangzhou, China. MINISO's signage and branding appears similar to that of fast-fashion Japanese chain UNIQLO, which opened its first Canadian store last fall.
MINISO launched its North American expansion last month with individual stores in Pasadena, California, and in Vancouver, Canada. The Vancouver store is located at 1256 West Broadway in the city’s Fairview area, and more Lower Mainland locations are confirmed as MINISO begins its Canadian expansion.
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According to Jack Liang, Market Development Manager for MINISO (Canada) Store Inc., MINISO will open between 30 and 50 stores in Canada over the next 12 months, with the potential to operate as many as 500 Canadian stores in the coming years.
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After an initial Canadian expansion in the Vancouver region, MINISO will target major cities including Toronto and Montreal, said Mr. Liang. He noted that several Toronto locations are already in the works. MINISO plans to open dozens of stores annually in Canada over the next several years.
http://www.retail-insider.com/retail.../2017/5/miniso