Canadian Retail Thread - Page 194

Tony · #**3861** Posted **Jan 22, 2015, 2:42 AM**

Quote:

Originally Posted by MolsonExport

Goodlife fitness is an extremely poor substitute of an anchor. We have them all over London, some in malls (but we are talking about peripheral local malls that somehow survive despite themselves). People going for a workout are not exactly shopping-inclined when they get out.

This.

Goodlife also seems to have a sort of cult following.

GreaterMontréal · #**3862** Posted **Jan 22, 2015, 4:07 AM**

Quote:

Originally Posted by MalcolmTucker

From a Globe and Mail profile on the company:

conditional partnership in Québec.

Quote:

As part of this agreement, Énergie Cardio retains its brand in Quebec; senior management, current management and staff remain unchanged. "The six centers GoodLife Fitness, located in Quebec in Loblaws supermarkets, will soon become Énergie Cardio centers," said the founding president of the banner Énergie Cardio,

oct 2009

Quote:

Since Énergie Cardio leads the way for health and fitness in Québec, the combined strength and expertise of our two companies, means more benefits for members and access to more clubs", said Patchell-Evans. GoodLife has partnered with Énergie Cardio according to Patchell-Evans "because I was impressed by their well-run operations, great people, positive atmosphere and commitment to giving back to their communities. Success is proportionate to how you treat the people you come in contact with - great employees translate into satisfied members."

http://www.newswire.ca/fr/story/5440...odlife-fitness

1overcosc · #**3863** Posted **Jan 22, 2015, 4:22 PM**

Anyone know if Target has started clearance sales yet?

Nathan · #**3864** Posted **Jan 22, 2015, 4:48 PM**

Quote:

Originally Posted by 1overcosc

Anyone know if Target has started clearance sales yet?

I could be wrong, but I thought I read in 2-3 weeks.

Not like they'll have that much extra stock to get through though...

Taeolas · #**3865** Posted **Jan 22, 2015, 5:30 PM**

Quote:

Originally Posted by Nathan

I could be wrong, but I thought I read in 2-3 weeks.

Not like they'll have that much extra stock to get through though...

Seriously. I was at the Freddy Target on Tuesday, and the shelves were so empty, it looked like they were 2-3 weeks into the Clearance sales already, except for the lack of clearance sales. (Was looking for towels and their entire bathroom section could've been compressed to 1 aisle and still not looked crowded).

Last I heard, they're going to start liquidating the first or second week of February.

Coldrsx · #**3866** Posted **Jan 22, 2015, 6:13 PM**

Second Simons for Edmonton at Londonderry mall.

manny_santos · #**3867** Posted **Jan 23, 2015, 5:30 PM**

Starbucks is wasting no time in getting out of its Target Canada locations. All locations will be closed by the end of today.

http://ottawa.ctvnews.ca/starbucks-o...oday-1.2202280

Nouvellecosse · #**3868** Posted **Jan 23, 2015, 10:20 PM**

Maybe they're afraid the Target locations will be looted!

ScreamingViking · #**3869** Posted **Jan 24, 2015, 12:05 AM**

No time for coffee if you're running around trying to scoop up discounted merchandise (assuming there is any

)

manny_santos · #**3870** Posted **Jan 25, 2015, 12:03 AM**

I was in Billings Bridge in Ottawa today, and although the mall was busy, the parking lot down by Target was pretty deserted.

After finding out about the level of compensation their former CEO is getting, and how much compensation Canadian managers are getting, I don't plan to buy any more at Target during the wind-down. Let the shareholders waste their money and forego dividends to pay for this.

FrankieFlowerpot · #**3871** Posted **Jan 26, 2015, 2:31 PM**

Uniqlo are opening 2 stores in Toronto - one at the Eaton Centre in the former Sears space (28,000sf) and at Yorkdale (24,000sf)

http://www.thestar.com/business/2015...n-toronto.html

MonctonRad · #**3872** Posted **Jan 26, 2015, 2:53 PM**

Quote:

Originally Posted by manny_santos

After finding out about the level of compensation their former CEO is getting, and how much compensation Canadian managers are getting, I don't plan to buy any more at Target during the wind-down. Let the shareholders waste their money and forego dividends to pay for this.

Agreed. This whole thing has left a very foul taste in my mouth.

Tony · #**3873** Posted **Jan 26, 2015, 5:11 PM**

Quote:

Originally Posted by manny_santos

Starbucks is wasting no time in getting out of its Target Canada locations. All locations will be closed by the end of today.

http://ottawa.ctvnews.ca/starbucks-o...oday-1.2202280

All Sbux in Targets are Franchise, owned I believe, by Target.

It makes sense for them to bail early. Their excess merchandise cannot be shipped back to the States or to another store (corporate stores and other franchise won't buy it). A lot of the stock is also perishable and better to stop the shipments immediately.

manny_santos · #**3874** Posted **Jan 27, 2015, 4:26 PM**

Quote:

Originally Posted by Tony

All Sbux in Targets are Franchise, owned I believe, by Target.

It makes sense for them to bail early. Their excess merchandise cannot be shipped back to the States or to another store (corporate stores and other franchise won't buy it). A lot of the stock is also perishable and better to stop the shipments immediately.

That is correct - from my understanding, Starbucks ended their franchise agreements. I suspect that they also didn't want their brand associated with Target in Canada any longer, and I don't blame them.

caltrane74 · #**3875** Posted **Jan 27, 2015, 4:42 PM**

Quote:

Originally Posted by FrankieFlowerpot

Uniqlo are opening 2 stores in Toronto - one at the Eaton Centre in the former Sears space (28,000sf) and at Yorkdale (24,000sf)

http://www.thestar.com/business/2015...n-toronto.html

I'm taking a guess here, but it's looking like the mall portion of the Eaton Centre will continue through the middle of the old SEARS store, and the North Eastern Flank (with huge windows/LED Screens/Facing Yonge) will be Nordstorms and the Western Flank (without windows) will be Uniglo.

Also, I have a feeling the huge multi-level cafes will over window seating facing onto Yonge, with 2 to 3 levels of window seating facing onto Yonge. Will really animate the street, not to mention new LED Screens. (Just spit-balling here, but you never know??)

J.OT13 · #**3876** Posted **Jan 27, 2015, 5:22 PM**

Any rendering of what the revamped Eaton/Sears/Nordstrom section will look like.

MolsonExport · #**3877** Posted **Jan 27, 2015, 6:07 PM**

Quote:

Originally Posted by manny_santos

Starbucks is wasting no time in getting out of its Target Canada locations. All locations will be closed by the end of today.

http://ottawa.ctvnews.ca/starbucks-o...oday-1.2202280

sdwriters

le calmar · #**3878** Posted **Jan 27, 2015, 6:13 PM**

Since you guys are talking about Yonge-Dundas, can someone tell me what they are building where the white crane is?

caltrane74 · #**3879** Posted **Jan 27, 2015, 6:16 PM**

Quote:

Originally Posted by J.OT13

Any rendering of what the revamped Eaton/Sears/Nordstrom section will look like.

They seem to be really secretive about releasing any renderings. That's why I have a feeling there will be some interactive media component to the re-design.

Still the cafe's are the big news here.

Quote:

Originally Posted by le calmar

Since you guys are talking about Yonge-Dundas, can someone tell me what they are building where the white crane is?
]

30-35 floor apartment building.

manny_santos · #**3880** Posted **Jan 28, 2015, 12:12 AM**

Over the past several days, Future Shop has announced the closing of several of their stores, including ones in Kingston, Regina, and now the Gloucester location in Ottawa. In Kingston's case, the store is located in the same complex as Best Buy, which owns Future Shop.

Wonder how many people outside of this forum even knew Future Shop was American-owned.