Content about Toronto

May 10, 2013

Big M, owner of the Mandee, Annie Sez and Afaze apparel chains, will be sold to YM Inc., Toronto, in a $22.5 million deal expected to be approved by a bankruptcy judge next week, The Record reported.

New York -- Big M, owner of the Mandee, Annie Sez and Afaze apparel chains, will be sold to YM Inc., Toronto, in a $22.5 million deal expected to be approved by a bankruptcy judge next week, The Record reported.
 
YM operates more than 600 young women’s specialty stores under a variety of banners, including Stitches, Urban Planet, Bluenotes, Siblings, and Sirens.   

May 10, 2013

Yummy Market, in the Toronto suburb of Vaughn, offers a European-styled shopping experience.

Yummy Market, in the Toronto suburb of Vaughn, offers a European-styled shopping experience. The 50,000-sq.-ft. supermarket is focused on prepared foods and imported specialties, and includes a 3,050-sq.-ft. bakery/patisserie with breads, cakes and pastries baked from scratch.
     

April 22, 2013

Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga.

Toronto -- Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga. The store, planned at approximately 120,000 sq.-ft., is part of the company's aggressive growth plan, which will result in a 40% expansion of the total square footage of Holt Renfrew's network.

In addition to the new Square One site, a number of Holt Renfrew stores will be renovated and expanded, with some completely rebuilt.

April 8, 2013

Nordstrom said it will open a new namesake department store in Toronto in fall 2016, making its foray into the country a two-store debut.

Seattle -- Nordstrom said Monday it will open a new namesake department store in Toronto in fall 2016, making its foray into the country a two-store debut.

The three-story, 188,000-sq.-ft. store planned for Toronto's Yorkdale Shopping Centre will join a previously announced, smaller store in the city's Sherway Gardens mall.

March 26, 2013

Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014.

New York -- Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014. The Hudson’s Bay Company has exclusive rights to the brand in Canada.

February 27, 2013

Sears Canada Inc. reported that profit for the fourth quarter dipped 3% to $38.8 million on weakened hardware and electronics sales.

Toronto -- Sears Canada Inc. reported Wednesday that profit for the fourth quarter dipped 3% to $38.8 million on weakened hardware and electronics sales.

Revenue fell 5% to$1.25 billion in the period, and same-store sales dropped 3.8%.

Parent Sears Holdings Corp., which cut its stake in Sears Canada from 90% to 51% last year, said in January that Sears Canada's fourth quarter adjusted earnings would fall by about half.

 

February 19, 2013

Simons, Canada’s eclectic and fashion-forward department store retailer, received top honors in Chain Store Age’s 31st annual Retail Store of the Year design competition.

New York -- Simons, Canada’s eclectic and fashion-forward department store retailer, received top honors in Chain Store Age’s 31st annual Retail Store of the Year design competition. The company’s 118,000-sq.-ft. store in West Edmonton Mall, Edmonton, Canada, was named Store of the Year. Designed by figure3, Toronto, Simons also was the winning entry in the department store category.

January 30, 2013

Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said.

Toronto -- Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

The Retail Council of Canada said the majority of the country's retail businesses were prepared for the disappearance of the penny and will follow the government's proposals for determining prices.

January 25, 2013

By Bradley W. Snyder, Tiger Capital Group

By Bradley W. Snyder, bsnyder@tigergroupllc.com

January 14, 2013

Vitapath, a subsidiary of U.S.-based Vitamin Shoppe, has opened its first two Canadian stores in the greater Toronto area in Newmarket and Leaside.

Toronto -- Vitapath, a subsidiary of U.S.-based Vitamin Shoppe, has opened its first two Canadian stores in the greater Toronto area in Newmarket and Leaside. The company expects to expand its retail stores under the Vitapath banner across Canada, with additional locations expected to open later in 2013.

October 30, 2012

Sears Canada said Tuesday it has debuted a permanent shoppable iPad application for its Wish Book catalog after a temporary launch for the 2011 holiday shopping season.

Toronto -- Sears Canada said Tuesday it has debuted a permanent shoppable iPad application for its Wish Book catalog after a temporary launch for the 2011 holiday shopping season.

The app will contain various content throughout any given year, the first of which appears Tuesday in the form of the 60th anniversary Wish Book.

October 5, 2012

Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

 

October 5, 2012

Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

 

September 20, 2012

Enterprise business solution-provider Jesta I.S. Inc. said that Sterling Shoes, a division of Toronto-based Town Shoes, has gone live with its Vision Store and Vision Merchandising software.

New York -- Enterprise business solution-provider Jesta I.S. Inc. said Thursday that Sterling Shoes, a division of Toronto-based Town Shoes, has gone live with its Vision Store and Vision Merchandising software.
 
Town Shoes completed the acquisition of 69 Sterling Shoes stores in April 2012 and immediately launched the selection process for POS and merchandising software solutions that could be implemented by Labor Day weekend.

September 18, 2012

The folks at Echochamber.com, a London-based consultancy, have a knack for rooting out hot retail concepts around the globe. Here’s a recap of the retailers who make up their latest “Top 10 Unmissable New Stores” report:

The folks at Echochamber.com, a London-based consultancy, have a knack for rooting out hot retail concepts around the globe. Here’s a recap of the retailers who make up their latest “Top 10 Unmissable New Stores” report:

September 12, 2012

Nordstrom will announce on Thursday that it will open its first four stores in Canada by 2015, according to the Globe and Mail.

New York -- Nordstrom will announce on Thursday that it will open its first four stores in Canada by 2015, according to the Globe and Mail. Executives of Nordstrom and Cadillac Fairview, the landlord of the four malls where the stores will be located, set to unveil the sites at a news conference in Toronto, the report said.

The stores will be located in Pacific Centre in Vancouver, Chinook Centre in Calgary, Ottawa’s Rideau Centre and Sherway Gardens in Toronto, according to previous reports.

 

September 11, 2012

Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre.

New York -- Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre. The company will open a second store in Canada, located in Toronto’s Yorkdale Shopping Centre, in November.

September 11, 2012

Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre.

New York -- Ann Taylor on Oct. 5 will open its first store outside of the United States, in the Toronto Eaton Centre. The company will open a second store in Canada, located in Toronto’s Yorkdale Shopping Centre, in November.

August 28, 2012

LoyaltyOne announced that Supervalu has agreed to use its Precima customer-centric analytics solution to develop a multi-dimensional customer segmentation. The U.S. grocer expects the solution will strengthen and expand its customer-driven marketing, merchandising and operations strategies.

Toronto -- LoyaltyOne announced that Supervalu has agreed to use its Precima customer-centric analytics solution to develop a multi-dimensional customer segmentation. The U.S. grocer expects the solution will strengthen and expand its customer-driven marketing, merchandising and operations strategies.

June 8, 2012

Toronto has become the first major city in Canada to ban the use of plastic shopping bags.

New York -- Toronto has become the first major city in Canada to ban the use of plastic shopping bags.

The ban was passed by the city council in a surprise move that Toronto Mayor Rob Ford denounced as “ludicrous,” The Globe and Mail reported.

The vote bans plastic bags, including biodegradable ones, from Toronto vendors starting in 2013. But the mayor predicted the ban will face a legal challenge.

June 6, 2012

Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

Toronto -- Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

"Canada represents a natural step as we move to expand internationally, and we are excited to open our first store outside the U.S. in such a vibrant city like Toronto," said Gary Muto, brand president.

June 6, 2012

Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

Toronto -- Loft, a division of Ann Inc. — formerly known as Ann Taylor — will open its first Canadian location at Yorkdale Shopping Centre in Toronto, Ontario, in late 2012.

"Canada represents a natural step as we move to expand internationally, and we are excited to open our first store outside the U.S. in such a vibrant city like Toronto," said Gary Muto, brand president.

June 1, 2012

Sears Canada said Friday that it is rolling out a new in-store area called new baby department, located in the Kids Room in 55 Sears Canada stores across the country.

Toronto -- Sears Canada said Friday that it is rolling out a new in-store area called new baby department, located in the Kids Room in 55 Sears Canada stores across the country.

The new baby department in the Kids Room is "organized into five categories that are clearly signed: nursery, travel, activity, feeding and gifting," said Tracy Culleton, VP of The Kids Room at Sears Canada. "The signing also provides all the features and benefits of the product assortment."

May 24, 2012

Ann Inc. announced that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States.

New York -- Ann Inc. announced Thursday that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States.

“Toronto is the perfect location to open our first international stores. It is a beautiful city filled with modern, sophisticated women who lead busy lives, and we are excited to bring a trusted fashion destination that offers great style as well as incredible versatility,” said head designer Lisa Axelson.

May 21, 2012

That trip to the local restaurant is off the menu for consumers today, as are furnishings and electronics, Empathica reported, citing its latest Consumer Insights Panel survey of more than 6,500 U.S. consumers.

Toronto — That trip to the local restaurant is off the menu for consumers today, as are furnishings and electronics, Empathica reported on Thursday, citing its latest Consumer Insights Panel survey of more than 6,500 U.S. consumers. One-out-of-3 shoppers surveyed reported that the economy is still very much top of mind for them. But "need" items — gas, pharmacy and grocery — are not seeing declines in purchase intent compared to findings from this time the previous year, the report noted.