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Hot Fudge Sweetens Up Les Rivieres

August 07, 2011

In late July, Hot Fudge opened its second store, at Les Rivieres, in Trois Rivieres, Quebec. The premises is 1350 sq.ft, and is strategically situated at the mall's 50 yard line, on the corner, looking into the food court. The space offers 2-sided exposure, with over 45 feet of total frontage. The store, which was designed by Frederic Bernier, is both innovative and fresh, and looks absolutely fantastic.

Please click on the link below to see the video of the store's grand opening.

http://www.youtube.com/watch?v=Safdem_tqFQ

Hot Fudge specializes in the sale of men's and women's branded fashion accessories, catering to the 16-34 year old . The store carries such items as watches, sunglasses, handbags, hats, belts, costume jewellery, headphones...etc, from well known brands such as Nixon, Rayban, G-Shock, Oakley, Betsey Johnson, Michael Kors, and many others.

Hot Fudge will continue to grow and expand in 2012; plans are to open four (4) new store locations. The company will consider opportunities in super regional malls throughout the province of Quebec. Size required is 1500 sq.ft.
 
About Les Rivieres - Owned by Ivanhoe Cambridge, Les Rivieres is the largest regional mall between Montreal and Quebec City. The centre has 140 stores, with a GLA in excess of 566,000 sq.ft. Sales per square foot are approximately $415 psf (a strong performing property by Quebec standards). Annual traffic is 5 million. The mall is home to such top fashion retailers such as BCGB, Mexx, Le Chateau, La Senza, Aldo, Dynamite\Garage, Tristan, Jack & Jones...etc.

I want to thank Eric Fortier of Ivanhoe, for all of his efforts, help, and patience, throughout our negotiation. Eric is a tremendous leasing talent, who is creative and thinks out of the box. He is also very pleasant to deal with. 

For more information on Hot Fudge, please visit their Facebook page at http://www.facebook.com/hotfudgecanada.

Pinkberry Celebrate Canadian Grand Opening

July 25, 2011

West Vancouver was the place to be on Thursday night, as Los Angeles based, Pinkberry, opened their 1st location in Canada, at the Village at Park Royal. Approximately 4500 people joined the festivities; a truly awesome sight for a retail opening. The line-ups began early in the afternoon and by the time the store opened at 5:30, the throngs of people extended well beyond our viewpoint. Samples were brought out to everyone in line, which teased and created anticipation. Once in the store, Pinkberry served each customer, free of charge (until store closing at 11:00 pm). Smiles and happy faces abounded, as guests ate their frozen yogurt, many of which who were trying Pinkberry for the very the 1st time. The crowd and VIP guests were also treated to a performance by LA rock group, Bonnie Dune, whose drummer is Vancouver's own, Cory Monteith, from the monster TV show Glee. A concert that took place on a stage, that was set up on the shopping centre's main road (which had been closed off to cars, earlier in the day). Much thanks go out to Maria Holly and Brian Maule, and the Larco (owners of Park Royal) team, for their great collaborative efforts, working with Pinkberry, to stage such a great party.  By the end of the night, it was clear that Canadians can't get enough Pinkberry.

I am pleased to confirm that Pinkberry is seeking to open additional locations in Vancouver. The company will consider super regional shopping centres, large format power centres, and high pedestrian street-front locations (such as Granville, Robson, and Denman). Size required is 500-1200 sq.ft. For malls, Pinkberry will consider smaller format stores and kiosk locations.

To see articles and photos from the Grand Opening and for all of the up to date information on Pinkberry Canada, please visit their Facebook page at http://www.facebook.com/PinkberryCanada.

One final thank you(s) is, as well, required. About 6 years ago, while in New York to see my sister (who frequently calls and emails me suggestions of the hottest new US retailers to contact) and nieces (Kelly and Lexi), my nieces and sister introduced us to their newest passion - Pinkberry. During this trip, they took us to Pinkberry, and like those in Vancouver on Thursday night, my family loved this new non-fat frozen yougurt. Soon after this visit, I recall contacting Pinkberry, to see if they had any plans to open stores in Canada. As I am sure any one who cold calls other companies to attract and develop their business, can appreciate, relationships start with a call and an introduction. Today, I am both pleased and proud to have played a small part in this opening, and wish to very much thank my sister and my nieces for sharing their passions.

Think Retail Supports Autism Speaks

July 22, 2011

This past Father's Day, on June 21, I participated with my family, in the inaugural Walk Now for Autism Speaks event, in Montreal. Our team, Matthew's Army, was created and named in honour my 9 year old son (Matthew), who suffers from autism.

It was an emotional day for us, as we joined other families that have been affected by this syndrome. The event was hosted by Autism Speaks Canada, who are the nation's leading advocate for children with autism. Their motto is 'Autism Speaks - It's Time to Listen'. On this day, autism did indeed speak, as over 800 people turned out to participate in the walk. I want to thank Suzanne Lanthier and Autism Speaks Canada for all of their efforts that made this a very special event for those in attendance.

Matthew's Army raised a total of $12,500. I so greatly wish to acknowledge and thank the following friends and business partners for their tremendous support. Your contributions are very much appreciated:

Van Agioritis
Emmanuel Amar
Andrea Brady
Bizou International Inc
Rachel & Ken Browner
Steven Chaimberg
Dinah Corriveau
Glenn Featherstone
Robert Gauthier
Jeff Grostern
Abe Grunspan
Happy Face Investments
Les Entreprises Hot Fudge
Le Creuset Canada Inc
Karen Kolodny
Vita Kolodny & Mel Krajden
Michael Korenberg
Penny Levine
Marc Mintzberg
Dean Mendel
Brian Nosko
Park Royal Shopping Centre (Larco Development)
Place Tevere Group
Josee Pelosse
Frank Reda
Jonathan Reisler
Karen Ritter
Jaime Roskies
Steven Rothman
Ruscio Studio
Scott Sincerbeaux
Sean Walters
Wilmslow Property Group
Gary Zentner

Today, 1 in 150 kids are diagnosed with autism, making it more common pediatric cancer, diabetes, and AIDS combined.

For more information on Autism Speaks Canada, please visit their website at www.aautismspeaks.ca.

Lovin' Lole

July 05, 2011

We are pleased to announce that ladies active apparel specialist Lole, have opened their 2nd store in Montreal (see photo). The newest Atelier Lole opened, in mid-June at 4868 Sherbrooke Street West, in the upscale Montreal neighbourhood of Westmount The store is 1500 sq.ft.

From the live green wall (evoking the a city park), to the social living (ipad) wall, to the Lole pantry, the new store is truly a brand statement. The store is all about the active woman, her love of the outdoors, her continuing desire to be inspired, and her pursuit of well being. Lole offers their clients free exercise meet-ups at parks, twice a week, led by their ambassadors, who are renowned experts at Yoga, Pilates, Zumba, and urban fitness. Through their Lole and Friends program, Lole offers a sense of community to woman worldwide that Live Out Loud Everyday, who wish to connect and exchange ideas about exercise, health, travel...etc. Lole designs clothes to match these passions. Furthermore, at Lole, tea and fruits are served daily at 3 pm. 

I'd like to thank Michael Doroshenko from Cromwell management (Lole's landlord on Sherbrooke St) for his help, efforts, and patience during our negotiation of this transaction.

Later this summer, Lole will enter Ontario, with 2 openings. First the company will open in Oakville, on Lakeshore Rd. Approximately 30 days thereafter, Lole will open at Bayview Village, in Toronto.

Going forward, Lole plan to open 6 store locations in 2012. Markets of interest include: Alberta, BC, and Ontario. Size required is 1500 sq.ft (with minimum 20 ft frontage). Both high pedestrian street-front locations and super-reginal malls will be considered.

For more information on Lole, please visit their website at www.lolewomen.com.

Fossil Taps Canada For Further Expansion

May 16, 2011

We are excited to announce that Fossil Inc. and Canada's leading fashion mall landlord, Cadillac Fairview have concluded two new transactions.

First, in mid-June, Fossil will open its second location in the province of Quebec, at Carrefour Laval. The store will be 1550 sq.ft., with 25 foot wide storefront. Neighbouring tenants include Marciano, Lucky Brand Jeans, Guess, and Pandora. Carrefour Laval is the top performing mall in the province of Quebec, with sales of approximately $670 psf. The shopping centre has a GLA of approximately 1.2M sq.ft.
 
Then, in early September, Fossil will open a flagship location at Rideau Centre in Ottawa. The opening will mark Fossil's entry into Ottawa (Canada's 4th largest city). The premises are 2000 sq.ft, with 30+ ft frontage, and will be Fossil's largest (full priced) location in Canada. The store is strategically situated on the mall's 2nd level, adjacent Aldo, Benetton, Coach, Lacoste, Banana Republic, Michael Kors...etc Rideau Centre is #5 ranked mall in Canada (#1 in Ottawa) in terms of sales performance, with sales of  approximately $910 psf.

I'd like to thank both Sylvie Plourde and Cindy Van Buskirk of Cadillac Fairview, for all of their help and efforts throughout the negotiations. Like an expert, Sylvie kept us on course at all times (even those difficult ones). As for Cindy, her longstanding support for Fossil is greatly appreciated. 

Fossil is seeking to open additional Canadian locations. Markets of interest include Vancouver, Montreal, Toronto, Halifax and Moncton. Size required is 1200-1500 sq.ft (minimum frontage of 23.5 ft). Fossil will consider super regional shopping centres and street-front locations.

Further to the above, Fossil is also prepared to open an outlet location in Ontario. Minimum size required is 3000 sq.ft.

Fossil is based in Richardson, Texas and currently operate over 360 corporate store locations in 20+ countries.

For more information on Fossil, please visit their website at www.fossil.com.

Le Creuset Opening Confirmed for Sherway Gardens

May 09, 2011

We are pleased to announce that Le Creuset will open its 2nd Canadian location, and first in Ontario, at Sherway Gardens. The leased premises is 1350 sq.ft and will be situated adjacent Lululemon, Coach, William Sonoma, and Michael Kors. The store is scheduled to open in mid-August.

Owned by Cadillac Fairview, Sherway Gardens is the #6 ranked centre in Canada (#4 in Ontario) in terms of sales performance, boasting sales slightly above $900 psf. The mall has a GLA of 988,000, with approximately 210 stores.

I'd like to thank Bob Ryan (CF Director of Leasing Ontario Portfolio) for his help in completing this transaction.

Le Creuset opened their 1st Canadian location in August 2010 at Chinook Centre in Calgary. At present, there are approximately 118 Le Creuset (corporate) stores operating in 15 countries.

For more information on Le Creuset, please visit their website at www.lecreuset.com.