Edmcowboy11
Senior Member
OK. That's fine with Canadian brands, but the goal in my mind would be to have unique restaurants, not just another location of restaurants that we already have here in town. Anyways those were just examples.
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- Thread starter Daveography
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Gronk!
Senior Member
Or how about this?
retail-insider.com
Ruby Liu’s Bold Plans for a New Department Store Chain
Ruby Liu is launching a bold new department store chain across Canada, with insights from retail expert Carl Boutet on her experiential retail strategy.
retail-insider.com
Markyeg
Active Member
The complete list of 25 Hudson's Bay store locations in Ruby Liu's retail bid | Urbanized
This is the full list of 25 Hudson's Bay store locations that Ruby Liu plans to lease and convert into new department stores.
dailyhive.com
WEM and Southgate are on the list of HBC leases the Chinese billionaire wants to take over. Surprised to not see Yorkdale or Metrotown on the list as well.
archited
Senior Member
Her retail model is spectacular and I would like to see it implemented in both locations and in ICE downtown -- all 3!
Markyeg
Active Member
She is out to lunch with her timelines. The existing stores already require major renos and she expects to complete those, and execute her concept, plus have the stores open within 3 months. Good luck with that.
David A
Senior Member
I feel she knows her malls, so not surprised some of the most upscale or expensive ones are not on her list. Although I am a bit surprised to see both WEM and Southgate on her list.The complete list of 25 Hudson's Bay store locations in Ruby Liu's retail bid | Urbanized
This is the full list of 25 Hudson's Bay store locations that Ruby Liu plans to lease and convert into new department stores.
WEM and Southgate are on the list of HBC leases the Chinese billionaire wants to take over. Surprised to not see Yorkdale or Metrotown on the list as well.
MacLac
Senior Member
What gives you that impression? Does she know “her malls” anymore than you do? She’s a wacko……
David A
Senior Member
The facts that she already owns three shopping malls, is a property manager and a billionaire. If she is a wacko, she seems to be a very successful one.
YEG Bus Rider
Active Member
I'd be surprised if West Edmonton Mall (Triple Five Group) says no, unless there's plans for the space already.
From the court documents, Southgate is a no.
From the court documents, Southgate is a no.
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archited
Senior Member
Offers can be made that circumvent court proceedings in the case of Southgate, so I wouldn't discount that just yet (a bird in the hand is worth...) I would be absolutely besmirculated if Billionaire Katz hadn't discussed possibilities with Billionaire Ruby Liu (they probably would have a number of topics of interest to discuss -- not just imaginative retail). It seems to me that her model would be particularly adaptable to Downtown E!
ChazYEG
Senior Member
I am not surprised at all. WEM is the largest and busiest mall in Canada, and the foot traffic there is constant, consistent and high through the whole year, and it caters to all buyers, from high luxury (see Balenciaga, etc...) to discount retailers.
Southgate is another mall that cracks the top 10 busiest malls in the country and it has a high average ticket per visit. And in a city that has the harsh winters we do, with a relatively high median disposable income, where enclosed malls are still highly successful, makes a lot of sense.
David A
Senior Member
When I looked at their lease rate a while ago, I noticed that neither WEM and Southgate were the highest rates in Canada, which also indicates a healthy mix of stores and customers from low to high end.
However, despite the climate I don't think Edmonton is really that different than other cities, some malls (often in older or lower income areas) are struggling and others are doing well. WEM and Southgate are certainly the latter.
Gronk!
Senior Member
What could be in store for Edmonton’s vacant Hudson’s Bay spaces
Hudson’s Bay went out of business earlier this year, shuttering local stores in West Edmonton Mall, Southgate Centre, Kingsway Mall, Londonderry Mall and St. Albert Centre. We take a look at what could fill the more than one-million square feet of retail space they leave behind.
www.ctvnews.ca
MacLac
Senior Member
Is that your final answer? Seems like a strange hill to die on....but to each it's own.....
archited
Senior Member
Wooo -- Cadillac Fairview is miles away from figuring out the current retail trends and "mall-success" -- they are owners of several under-performing malls in Los Angeles that I am very familiar with. The fact that they are commenting on an "alternate" retail concept at all is like taking trade advice from the Orange Pumpkin.