Canadian Retail Thread

[davidivivid]

IKEA Canada Adds Quebec City to Shopping List

IKEA Canada has begun laying the foundation for its upcoming Quebec City store slated to open in the summer of 2018 after Halifax this year.

IKEA Canada has broken ground on its new store in Quebec City. Set to open in the summer of 2018, the outlet is situated southwest of the Charest and Duplessis highway interchange, at the intersection of Rue Mendel and Avenue Blaise Pascal, and will take about 16 months to complete.

At approximately 340,000 square feet, the upcoming retail location will serve as a family destination offering a wide range of supplies to include 9,500 products, room sets, a restaurant, and supervised play facility for children. Key services will entail home delivery, assembly, and returns.

Jobs will be available in sales, dining, interior design, human resources, logistics, operations, and more. The Quebec City store will maintain a keen focus on energy and waste avoidance, with waste management equipment installed to maximise material recycling and diversion from landfill.

[...]

https://brandingforum.org/branding/i...city-shopping/


As is often the case with the opening of an IKEA store, the surroundings will change dramatically as well. Cominar, the company owning the land and building the store, plans to build a new commercial district with 5 million sf of retail space spread over 14 different buildings.






http://www.journaldequebec.com/2017/...bec-cest-parti

[SpongeG]

A number of these stores expanded into Canada in recent years, will probably have an effect up here

Ann Taylor, Dress Barn, Loft, Lane Bryant: Store closures on the way

Ascena Retail Group (ASNA) -- which owns the Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Maurices and Catherines stores -- plans to shutter between 250 and 650 locations over the next two years.

Chief executive David Jaffe made the announcement during a conference call with investors Thursday, and he didn't specify how many store closures will affect each brand. Ascena could not be immediately reached for comment.

Jaffe said 250 locations will definitely close down, and another 400 will close their doors unless the company can negotiate lower rents at those locations.

He said that the move is necessary to help the company traverse the deeply troubled brick-and-mortar retail market. Jaffe said Ascena is facing a "persistent traffic decline" and expects that to remain a "major headwind" for the company.

Ascena is far from the only company feeling the pressure. Stores that were once staples of American malls are failing rapidly, largely because of increasing competition from digital retailers like Amazon (AMZN, Tech30).

Earlier this week, Hudson's Bay (HBAYF) -- owner of Saks Fifth Avenue and Lord & Taylor -- said it is cutting its workforce by 2,000 jobs.

Macy's (M) said earlier this year that it will close 68 stores and cut 10,000 jobs.

...

http://money.cnn.com/2017/06/10/news...ing/index.html

[OutOfTowner]

Originally Posted by caltrane74

They finished installing the billboard.

All the Hard Rock Neon is gone.

Is there an ad schedule app for Shitty Square?

Until now, I have only dreamt of ever seeng a giant Vitamin Water ad..

#Bucket list.

[Acajack]

Why is the sign on top of the former Hard Rock such a riveting work in progress with almost daily updates here?

If it was Sam the Record Man I might be more excited.

[caltrane74]

Originally Posted by Acajack

Why is the sign on top of the former Hard Rock such a riveting work in progress with almost daily updates here?

If it was Sam the Record Man I might be more excited.

Don't have a sign thread here, and they are also working on the new Shoppers.

[Acajack]

Originally Posted by caltrane74

Don't have a sign thread here, and they are also working on the new Shoppers.

Don't really find that that exciting either. But post away if you like!

But what about Sam? Also, A and A Records and Tapes used to have a cool (admittedly copycat) sign on Yonge very close to Sam.

[niwell]

Originally Posted by Acajack

But what about Sam? Also, A and A Records and Tapes used to have a cool (admittedly copycat) sign on Yonge very close to Sam.

It's supposedly being installed later this summer. Not sure on the exact timelines. On one of the Ryerson buildigns at the NE end of the square.

[WhipperSnapper]

Where's the Honest Ed's sign going?

Sams?

http://anirik-01.livejournal.com/1968671.html

[niwell]

Honest Ed's sign is going here IIRC: https://goo.gl/maps/E6mo2G4Xs4z

I imagine installation should begin soon, if it hasn't already.

[WhipperSnapper]

That's kind of disappointing. I guess it will brighten up the back of the theatre

[yaletown_fella]

Would rather the Honest Eds sign be incorporated into the new Westbank development on Bathurst. It's so contrived to put it on the back of a theatre.

[Martin Mtl]

Ne_on_crophilia.

[WhipperSnapper]

Originally Posted by yaletown_fella

Would rather the Honest Eds sign be incorporated into the new Westbank development on Bathurst. It's so contrived to put it on the back of a theatre.

yup.

[softee]

Originally Posted by niwell

It's supposedly being installed later this summer. Not sure on the exact timelines. On one of the Ryerson buildigns at the NE end of the square.

It's going atop the Toronto Public Health building at Dundas and Victoria.

[kwoldtimer]

Looks like Sears Canada may be on the way out.

https://www.theglobeandmail.com/repo...ticle35295798/

[Martin Mtl]

Originally Posted by kwoldtimer

Looks like Sears Canada may be on the way out.

https://www.theglobeandmail.com/repo...ticle35295798/

And probably no one will notice its disappearance.

[kwoldtimer]

Originally Posted by Martin Mtl

And probably no one will notice its disappearance.

In terms of shoppers, true. In terms of shopping mall owners and 15,000+ employees, I imagine they'll notice plenty!

[WhipperSnapper]

The office space in shitty square may get extensively reno'd too.

[caltrane74]

AMZN is gonna kill these guys, every time they bankrupt a company I plan on buying a share.

They trade at 200 times earning, but just for a fun trade.

[WhipperSnapper]

There's only certain things I'd buy on amazon. Clothing is not one of them. I end up returning 1/3rd of it. It's no longer a convenient shopping experience. Sears just has dated clothing lines that take up half the Stores' footprints.