vatche
Senior Member
True!!
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ACT7
Active Member
That, and the fact that some 'Lease' signs stay up long after a deal has been made so it gives the appearance that nothing has happened. The Four Seasons is, from my understanding, fully leased, even though the sign is still up there advertising the retail space.
And to echo Filip's post, it's true that Bloor tends to have some of the highest grossing sales numbers of any street in the world. The problem is that sometimes it doesn't make sense for some brands to open a 4,000 sq. ft store where they can't showcase their entire line, so they wait until 10K or more becomes available. Unlike, say in a city like Vancouver, where a 4-5,000 sq. ft store can make more sense - which is why sometimes you see brands launch there first just to enter the Canadian market.
And to echo Filip's post, it's true that Bloor tends to have some of the highest grossing sales numbers of any street in the world. The problem is that sometimes it doesn't make sense for some brands to open a 4,000 sq. ft store where they can't showcase their entire line, so they wait until 10K or more becomes available. Unlike, say in a city like Vancouver, where a 4-5,000 sq. ft store can make more sense - which is why sometimes you see brands launch there first just to enter the Canadian market.
taal
Senior Member
Yea I completely understand that and am aware of the figures. As others have pointed out there are a couple spots that have been supposedly empty for a while, but this doesn't necessarily mean they're not leased.
I think 1 Bloor East will be a big test, its what 100K of retail ?
I think 1 Bloor East will be a big test, its what 100K of retail ?
prosperegal
Senior Member
Who thinks some of the mall/mid-range brands (e.g. Banana Republic, Gap, Zara, BCBG) are going to vacate Bloor and move into 1 Bloor East ? That would make A LOT of room for luxury lines to come in.
pw20
Active Member
As I've said before it will be interesting to see what happens when approximately 300k of retail space is added to the district over the next 5-10 years.
1 Bloor is about 100k
Cumberland Terrace
Holts
Old Four Seasons - 80k
The fact that Louis and Tiffany are renovating and expanding... speaks to the desirability of the district more than anything else.
1 Bloor is about 100k
Cumberland Terrace
Holts
Old Four Seasons - 80k
The fact that Louis and Tiffany are renovating and expanding... speaks to the desirability of the district more than anything else.
vatche
Senior Member
Guess time will show!
ACT7
Active Member
Free People is opening on Yorkville Ave.
greenleaf
Senior Member
The awesome outdoor staircase outside of Flo's Diner is no more. I'm always bummed out when unique things in a neighbourhood are gone.
ACT7
Active Member
Victorinox is officially open on Bloor. I personally love their stuff and am glad they opened a store in Toronto.
http://www.postcity.com/Eat-Shop-Do...s-first-North-American-store-on-Bloor-Street/
http://www.postcity.com/Eat-Shop-Do...s-first-North-American-store-on-Bloor-Street/
vatche
Senior Member
I know I'm being negative!! But watch them close it down in a year or two.
ACT7
Active Member
You are being negative.
In speaking with the store manager during the time their pop-up store was open, this flagship (as other flagships are) is the supplier/distributor for NA. His insight was pretty interesting in that, that's how most flagship stores make their money. They sell to other retailers in the region. That being said, this store I'm sure will do well as a retailer to the general public since Victorinox is a very well known brand with a moderate price point. They even have an 'Appointment Only' floor downstairs for chefs, so this in and of itself will be a draw.
vatche
Senior Member
You are being negative.
In speaking with the store manager during the time their pop-up store was open, this flagship (as other flagships are) is the supplier/distributor for NA. His insight was pretty interesting in that, that's how most flagship stores make their money. They sell to other retailers in the region. That being said, this store I'm sure will do well as a retailer to the general public since Victorinox is a very well known brand with a moderate price point. They even have an 'Appointment Only' floor downstairs for chefs, so this in and of itself will be a draw.
Sure hope so! I want the street to do well!!!
Dan416
Senior Member
My friend works there. When he showed me around the store on Sunday, there were literally no customers inside. On the bright side all the staff (all male) were hot.
vatche
Senior Member
I was at bal Barbour a month ago and there were literally no customers in the stores either, except for a few here and there! That doesn't mean much.
ACT7
Active Member
Sunday was only the second day they were open, and they hadn't done an official launch yet. Saturday was a soft open and it was pretty busy when I was in there. So, as vatche said - doesn't mean much.