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  #701  
Old Posted Nov 22, 2006, 4:27 AM
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From: http://www.retailingtoday.com/magazine/story.cfm?ID=3583
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Costco opens in downtown Vancouver

November 2006
By Doug Desjardins

Costco opened its first urban store in Canada Nov. 10 on the bottom floor of a high-rise residential development in downtown Vancouver. It’s Costco’s second urban store in North America and could serve as a model for other urban markets.

“If we can do it here, we can see where it could have applications in other cities like Manhattan and Chicago,” Costco ceo Jim Sinegal told Retailing Today.

The 128,000-square-foot store is about 10,000 square feet smaller than a standard warehouse and has a unique look created by dozens of load-bearing pillars scattered around the store. The pillars, which take up close to 3,000 square feet of floor space, support a parking garage and high-rise towers being built above.

Parking is provided on two levels below the store, which is at street level across from the GM Arena, home of the Vancouver Canucks NHL hockey team. Extra-large elevators are outside the entrance to accommodate shoppers heading down to the parking lot with heavy loads.

Costco chose Vancouver in part because of its demographics. The downtown area has one of the heaviest residential populations of any city in North America. And that built-in customer base will be supplemented by a four-tower, high-rise development above the store that will eventually be home to close to 900 luxury condos, with the first two towers due to open in fall 2007.

The merchandise mix is typical of a standard Costco with a heavier focus on food. Catering to local tastes, the food department has a large selection of cheese and fish along with an extensive array of prepared meals. “With so many people living within walking distance, we think they’ll be a popular item here,” said Sinegal.

Though the store is expected to attract throngs of customers from the downtown area, Costco expects it to perform even better with business members. “We’ve found that to be the case with our store in San Francisco, which is one of our busiest stores, and that’s one of the reasons we chose this site,” said Sinegal. “You have a lot of small businesses, shops and restaurants down here.”

The new store isn’t likely to impact others in the area, since Costco’s locations in Richmond and Grandview are about a 20-minute drive from downtown Vancouver.

Costco’s store in San Francisco was its first attempt at operating in an urban area and, like Vancouver, has a two-level parking garage attached to the store. But that warehouse is a stand-alone and doesn’t have a residential complex built into the site, which makes Vancouver unique for Costco and for most retailers experimenting with urban concepts.

Sinegal said Costco will be looking for opportunities in other cities if Vancouver works out as expected. Though it’s relatively new at operating urban stores in North America, it does have some experience overseas. “We’ve dealt with similar issues with our stores in Japan and Taiwan and I think those experiences helped us,” said Sinegal.

Costco is part of a growing list of big box retailers experimenting with urban formats. Wal-Mart opened its first Urban 99 store in Tampa, Fla., two years ago and opened another in White Plains, N.Y., this summer. Those stores have a footprint just under 100,000 square feet and carry an edited selection of products.

The Home Depot has taken a similar approach to entering dense urban markets with a mix of formats that includes multi-level stores. It entered New York City in 2004 with two urban prototypes and is due to open another in 2007. The only difference with Costco is that it’s managing to open stores that are about the same size as a standard warehouse with a full selection of merchandise.
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  #702  
Old Posted Nov 22, 2006, 6:04 AM
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i wonder if i should renew my Costco membership

it was always such a waste
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  #703  
Old Posted Nov 28, 2006, 12:00 AM
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Honda to sell it all under one roof
Idea is to tempt clients to buy more

GREG KEENAN
AUTO INDUSTRY REPORTER

Honda Canada Inc. is moving to a new generation of retail outlets that will offer all its consumer products at one location -- from lawnmowers and snow throwers to motorcycles, cars and trucks.

The new concept, called Honda Centre in Quebec and Honda Powerhouse in the rest of Canada, is already in place at one Honda dealership in each of Quebec and Ontario and there are more to come, said Jim Miller, senior vice-president of Honda Canada.

"We're putting them together to reinforce the brand," Mr. Miller said. The creation of the Honda Ridgeline sport utility truck was essentially the final piece of the puzzle because now "we've got the truck that you can put your ATVs in back of," he said.

Honda's consumer products also include water pumps, portable generators, weed trimmers and marine outboard motors.

"It's a natural evolution to bring customers the Honda products they want, closer to where they live, work and play," added Honda spokeswoman Sandy Di Felice.

Market studies are under way in Calgary and Vancouver to determine whether the new concept makes sense. Calgary is a booming market with the growth in the oil patch, and Vancouver has for years been one of the strongest markets for Asian-based auto makers.

Dealers and sales people in stores offering all the company's consumer products will be trained across the entire range.

Industry analysts said it makes sense to put all the products under one roof so that anyone buying a generator can be encouraged to look at an all-terrain vehicle or a car.

Honda has 214 car dealers in Canada and 310 motorcycle dealers.

"I think it's something that is at least worth trying out," said Tony Krajewski, a consultant in the automotive practice at Deloitte.

The idea also appeals to Joe Zanchin, who owns one Honda dealership northwest of Toronto and another one that will be officially opened in a new auto mall in Vaughan tomorrow.

"I'm confident," Mr. Zanchin said.

"I think it's the way to do it."

He is dedicating about 10 acres of the new mall to Honda. Next to his Honda car and truck dealership will go a store for the generators, motorcycles and other products.

Next to that will be a dealership offering Acuras, Honda's luxury car brand.

He figures people travelling between the Honda and Acura outlets will stop in the Honda Powerhouse to check out the other consumer products and Honda accessories.

Honda sold 155,000 cars and trucks in Canada last year, along with 21,000 motorcycles, 23,400 all-terrain vehicles, 25,000 generators, 6,000 outboard engines, 4,000 weed trimmers and 6,700 snow throwers.
Source: http://www.theglobeandmail.com/servlet/story/LAC.20061127.RHONDA27/TPStory/Business
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Last edited by MTLskyline; Apr 17, 2011 at 6:02 AM.
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  #704  
Old Posted Nov 28, 2006, 12:27 AM
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Thats cool news about Honda. I'm not a fan of most of their cars but I've always had good experience with their power equipment...especially their ATV's.
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  #705  
Old Posted Nov 28, 2006, 1:28 AM
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love the honda idea....im a BIG BIG HONDA fan and would be in heaven to walk into that.
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  #706  
Old Posted Nov 28, 2006, 1:36 AM
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Quote:
Originally Posted by Coldrsx
love the honda idea....im a BIG BIG HONDA fan and would be in heaven to walk into that.
I always wondered if coldrsx had anything to do with Acura RSX?

Big Honda fan too - and that concept sounds like a good idea.
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  #707  
Old Posted Nov 30, 2006, 3:13 PM
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'Tim Hortonese'

That's the lingo soldiers of 12 nations learn in Kandahar
By Bill Graveland
The Canadian Press
Kandahar, Afghanistan (Nov 30, 2006)

It turns out the universal language isn't the language of love after all, at least not here at Kandahar airfield.

No, the universal language here is all about coffee.

"I'll have a large double-double and a regular," said a young soldier with an Australian accent, stopping in at the base Tim Hortons.

"We call it Tim Hortonese -- Tim Hortons lingo," laughs Kelly Taylor, 42, of Oromocto, N.B. who has been working at the base since July while her military husband is at home.

"The British will come up and ask us for a regular coffee, only 'regular' in Tim Hortons language is one milk, one sugar. Only to them it's not -- it's white, whatever that means," she added.

Currently, 1,300 customers a day file through the Kandahar Tim Hortons from the military of 12 countries stationed on the base.

Whereas Canadians file in and out as if they are on a conveyor belt, it takes a lot longer for others.

"It takes a little while to pick up the lingo," said Air Engineering Technician Daniel Stace from Darbyshire, England, who is in the Royal Navy.

"A double-double? It took me a while to work that one out, but normally I just stick to the bagels and the orange juice," he said.

Others don't even try to learn the language of Tims.

"No, not yet, because I only just drink black coffee and so that's just fine by me," said Sergeant Mike Koninkle of the Netherlands.

"I'm not quite familiar with all the slang around Tim Hortons and I just drink coffee and that's it and I don't need all the fancy coffee or tea."

Taylor boasts that she can tell a soldier's nationality even if they speak perfect English and are not wearing a uniform, simply by what they order.

"The British and the Dutch mostly will order Boston creams and Canadian maples... and the Americans will probably order five dozen doughnuts at a time. And the British and the Dutch always order the very sweet cappuccinos," Taylor explained.

"Canadians order bagels and coffee," she said.

The confusion over the Tim Hortonese has Taylor vowing to put a Tim Horton-English dictionary on the door of the store.

"I'm going to write a dictionary and post it on the outside of the door for all the non-Canadians. That's my job for the next week."


Kelly Taylor of Oromocto, N.B., says she can tell a soldier's nationality by their order.
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  #708  
Old Posted Dec 1, 2006, 11:05 PM
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I would like to know if it`s possible to find a website about retail news mainly ?
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  #709  
Old Posted Dec 4, 2006, 1:32 AM
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^^^ if you go to www.cbcnews.ca - there is a "consumer life" section - they just added it a few months ago - and it covers a lot of retail happenings - great section
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  #710  
Old Posted Dec 4, 2006, 1:35 AM
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  #711  
Old Posted Dec 4, 2006, 4:00 PM
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I have to dig up the article from THe Star. But Harry Rosen has announced expansion plans, including a huge renovation and addition to the flagship store on Bloor Street in Toronto.
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  #712  
Old Posted Dec 4, 2006, 4:44 PM
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In Calgary, does anyone know what is going in the old Royal Doulton site at Market Mall? Seems too small for the reported upcoming H&M... ??


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  #713  
Old Posted Dec 4, 2006, 5:34 PM
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Quote:
Originally Posted by SpongeG

Thank you for informations!
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  #714  
Old Posted Dec 5, 2006, 12:19 AM
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I was taking a trip to Edmonton, and decided to check any new stores at WEM...wow, it's widening the gap between what we have in Calgary...

Most notably, the addition of Lacoste!

And G-Star...never heard of them, but looks like they have quite a few international stores, but this is the first in Canada?
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  #715  
Old Posted Dec 5, 2006, 12:39 AM
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Quote:
Originally Posted by IntotheWest
I was taking a trip to Edmonton, and decided to check any new stores at WEM...wow, it's widening the gap between what we have in Calgary...

Most notably, the addition of Lacoste!

And G-Star...never heard of them, but looks like they have quite a few international stores, but this is the first in Canada?

yeah...WEM is really going after more and more higher end and unique to canada stores. I am quite impressed with it of late, too bad the exterior looks like crap.

I hear they have 4-5 more "canada 1sts" coming
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  #716  
Old Posted Dec 5, 2006, 12:45 AM
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Quote:
Originally Posted by Coldrsx
yeah...WEM is really going after more and more higher end and unique to canada stores. I am quite impressed with it of late, too bad the exterior looks like crap.

I hear they have 4-5 more "canada 1sts" coming
Really? So is this G-star a big name??? Is it "high-end" clothing? If yes to both of those, that can really help out that Europa Blvd stretch of the mall. I don't recall noticing it in the US, but their website shows they're all over?

Any idea what the other 4-5 are?

I'm guessing Calgary's behind on getting them because of retail space...so, at the very least Edm is just paving the way! Can't wait to spend some bucks at Lacoste and Sketchers though...
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  #717  
Old Posted Dec 5, 2006, 12:59 AM
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G-star is very popular apparently...i didnt know of them either.

Edmonton is getting them because, like it or not, WEM is more important as a entrance point than calgary or even many other markets....WEM has hollister, etc. etc....

no idea whats coming, just a few rumours out there.

but we do know H&M is setting up shop.
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  #718  
Old Posted Dec 5, 2006, 1:01 AM
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Quote:
Originally Posted by Coldrsx
G-star is very popular apparently...i didnt know of them either.

Edmonton is getting them because, like it or not, WEM is more important as a entrance point than calgary or even many other markets....WEM has hollister, etc. etc....

no idea whats coming, just a few rumours out there.

but we do know H&M is setting up shop.
It could also be because they can get good space for little money compared to other premier shopping centre's like say, Chinook or Market - where the rents are likely double (or more) and the wait is 2-4 years (if at all).

Claeren.
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  #719  
Old Posted Dec 5, 2006, 1:07 AM
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^perhaps to some degree, but WEM is WEM....and is more lucrative than even chinook.
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  #720  
Old Posted Dec 5, 2006, 1:26 AM
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I was under the impression Chinook and Market both had revenue/sq-ft numbers much higher then WEM, and amongst the very highest in Canada.

Of course they have rents and labour costs to match that revenue so maybe that difference is where you see 'lucrative'?


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Last edited by Claeren; Dec 5, 2006 at 1:31 AM.
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