Canadian Retail News

SpongeG · #1 Posted: **Jan 21, 2009, 8:13 PM**

other thread is gone

Wal-Mart makes Vancouver foray

From Herald News Services
Published: Wednesday, January 21, 2009

Retail - Wal-Mart plans to open its first Vancouver store today.

The new outlet represents the retailer's long-sought break into the Vancouver market following the very public and political rejection of a proposed development at another location in 2005.

david Cheesewright, who takes over as Ceo of Wal-Mart Canada on Feb. 1, said cracking the Vancouver market has been a tough job, even though Vancouverites make about two million shopping trips per year to its stores just outside the city.

http://www.canada.com/calgaryherald/...7-57a49b484226

its in an old Costco store - the parking is very small - i can't imagine it will be an easy place to shop

Coldrsx · #2 Posted: **Jan 21, 2009, 8:16 PM**

^is that the one near boundary and grandview?

walmart > nothing

Mille Sabords · #3 Posted: **Jan 21, 2009, 9:35 PM**

Poor Vancouver. So you've decided to start smoking. See you with a respirator on like the rest of us.

SpongeG · #4 Posted: **Jan 21, 2009, 10:50 PM**

yes its the old Costco location

I heard that it was insanely busy today and the parking situation is really bad - the lot is way too small and people are circling and lining up for a spot

but those who went inside said it was nice and all the "deals" were sold out early - as there were no limits some people had carts full of the same item and others were pissed

Coldrsx · #5 Posted: **Jan 21, 2009, 11:29 PM**

^the only "deal" to be found at a Walmart is your soul to the devil.

SpongeG · #6 Posted: **Jan 21, 2009, 11:41 PM**

well to a certain group of people in this city known paper towel and toilet paper is worth selling their soul for

mmmatt · #7 Posted: **Jan 22, 2009, 3:14 AM**

Papa Johns will be opening their first Atlantic Canadian location in Moncton in the next couple of months.

yyzer · #8 Posted: **Jan 22, 2009, 7:55 PM**

Juicy rumour over at SSC that Saks are looking at 1 Bloor E in TO for a store location.....just a rumour, however...

mylesmalley · #9 Posted: **Jan 22, 2009, 10:08 PM**

Vancouver isn't missing much.

Architype · #10 Posted: **Jan 22, 2009, 10:53 PM**

Is the new Vancouver Wal Mart close enough to a skytrain station to make it practical?

Coldrsx · #11 Posted: **Jan 22, 2009, 11:01 PM**

^close enough, but not beside.

someone123 · #12 Posted: **Jan 23, 2009, 12:55 AM**

Quote:

Originally Posted by Coldrsx

walmart > nothing

Vancouver kinda has other stores.

And I'm not sure what poor people with giant families are doing still living in the city limits when they could sell their $800k shack and move out to Surrey.

trueviking · #13 Posted: **Jan 23, 2009, 5:20 AM**

has it been mentioned that winnipeg is getting an ikea?....all we need is the jets back and our city will be complete.

Calgarian · #14 Posted: **Jan 23, 2009, 5:56 AM**

I'm amazed there are no wal-marts in Vancouver, I thought those stores were everywhere. Do you have McDonalds there

Any news on how Future Shop is doing, I believe they are owned by best buy, and I hear Best Buy is in trouble. Circuit city is goin under here, there is a clearance sale at most of their stores, but they are only giving 10% off, not really worth it when the dollar is only at 79 cents US.

SpongeG · #15 Posted: **Jan 23, 2009, 10:01 AM**

Quote:

Originally Posted by Calgarian

I'm amazed there are no wal-marts in Vancouver, I thought those stores were everywhere. Do you have McDonalds there

Any news on how Future Shop is doing, I believe they are owned by best buy, and I hear Best Buy is in trouble. Circuit city is goin under here, there is a clearance sale at most of their stores, but they are only giving 10% off, not really worth it when the dollar is only at 79 cents US.

Vancouver city council has been very anti-walmart

but there are walmarts in burnaby, north vancouver, new westminster, surrey, langley etc. the suburbs

people would have to drive a long way to get to one

zellers is their "competition" if you can call them that and there is only one store in the city and its usually pretty busy but its awful and ghetto inside one of the swankier malls

not many large discount stores in the city itself

MolsonExport · #16 Posted: **Jan 24, 2009, 1:42 AM**

Quote:

Originally Posted by SpongeG

other thread is gone

Wal-Mart makes Vancouver foray

From Herald News Services
Published: Wednesday, January 21, 2009

Retail - Wal-Mart plans to open its first Vancouver store today.

The new outlet represents the retailer's long-sought break into the Vancouver market following the very public and political rejection of a proposed development at another location in 2005.

david Cheesewright, who takes over as Ceo of Wal-Mart Canada on Feb. 1, said cracking the Vancouver market has been a tough job, even though Vancouverites make about two million shopping trips per year to its stores just outside the city.

http://www.canada.com/calgaryherald/...7-57a49b484226

its in an old Costco store - the parking is very small - i can't imagine it will be an easy place to shop

Cheesewrong.

Sorry, Vancouver. Traffic will be horrid at that location (I used to shop at the Price Club/Costco there).

SpongeG · #17 Posted: **Jan 26, 2009, 9:03 PM**

Home Depot bows out of bid for new location at Queen and Portland

Big-box retailer Home Depot has cancelled its long-held dream of a downtown store - to the delight of some local critics - but talks are already under way for other tenants for the mixed-use development at Queen and Portland streets.

"We determined it was not the right time for us to open," Home Depot manager of public relations Tiziana Baccega said yesterday. "We would have loved to have been there."

Despite Home Depot's pullout, developer RioCan Real Estate Investment is confident construction is on track for a project that features a five-storey residential component over three storeys of retail.

"We should still be able to start by late spring, pending the finalization of leasing we are working on," said Fred Waks, chief operating officer of RioCan, the largest real-estate investment trust in Canada.

"We are very pleasantly surprised as to the amount of interest we have on the site," he said. "There is not a national grocery store that has not contacted us in the last 24 hours."

He confirmed that Home Depot paid $11.5-million to terminate its lease for 75,000 square feet of space.

RioCan already has tenants for about 16,000 square feet, with a major grocery store and other retailers as candidates for the former Home Depot space. Mr. Waks expects to wrap up negotiations with new retail tenants in two to three months.

Tribute Communities, RioCan's partner for the 90-unit condominium, has sold 55 units (or 61 per cent of the project).

An early critic of Home Depot's plans for a downtown spot said yesterday she is "relieved" that a suburban-style home improvement centre is no longer in the works.

"It was the wrong end-user for that neighbourhood," said Kristyn Wong-Tam, who owns XEXE Gallery on nearby Richmond Street and lives in the area. She hopes RioCan will seek out smaller-scale retailers, including a food store and boutique-style tenants.

Councillor Adam Vaughan (Ward 20, Trinity-Spadina), worried about the chilling effects of the downturn, said "construction isn't halted and that is the most critical thing for that stretch of Queen Street."

http://www.theglobeandmail.com/servl...Story/National

Coldrsx · #18 Posted: **Jan 26, 2009, 9:19 PM**

Quote:

Originally Posted by someone123

Vancouver kinda has other stores.

And I'm not sure what poor people with giant families are doing still living in the city limits when they could sell their $800k shack and move out to Surrey.

yes, that sounds appealing

Nicko999 · #19 Posted: **Jan 26, 2009, 10:59 PM**

Quote:

Originally Posted by SpongeG

other thread is gone

Wal-Mart makes Vancouver foray

From Herald News Services
Published: Wednesday, January 21, 2009

Retail - Wal-Mart plans to open its first Vancouver store today.

The new outlet represents the retailer's long-sought break into the Vancouver market following the very public and political rejection of a proposed development at another location in 2005.

david Cheesewright, who takes over as Ceo of Wal-Mart Canada on Feb. 1, said cracking the Vancouver market has been a tough job, even though Vancouverites make about two million shopping trips per year to its stores just outside the city.

http://www.canada.com/calgaryherald/...7-57a49b484226

its in an old Costco store - the parking is very small - i can't imagine it will be an easy place to shop

Vancouver didn't have Wal-Mart before that?

Even small cities in Ontario or Quebec have a Wal-Mart so it's hard to beleive.

Coldrsx · #20 Posted: **Jan 26, 2009, 11:08 PM**

^some people have values