Blog

Bizou in Expansion Mode

December 02, 2013

November was a busy month for Bizou. The fashion accessories specialist opened three (3) new stores. Further, the company announced plans for additional expansion. 

Bizou recently opened locations at Galeries de la Capitale in Quebec City, Galeries de Hull and at Place Alexis Nihon in Montreal.  

As always, the stores are extremely well designed - chic and fun (see photo).  

In addition to the above, this year, the company has shown a strong commitment to upgrading its existing store fleet. In total, 14 stores were renovated in 2013.  

I spoke last week with Bizou’s CFO, Alain Duval, who notes that the company is very pleased with its performance and results. In this regard, comp store sales have increased 8.5% YTD. 

Looking forward, Bizou is aggressively looking to expand. The company anticipates the opening of 5 new locations in 2014. Markets of interest include Ontario, Maritime provinces, and Quebec. Super regional\regional malls and high pedestrian streetfront locations are preferred. Size required is 650-1000 sq.ft. 

Bizou was founded in 1982, and is privately owned by Marcel Labrecque. Today, the company operates over 130 stores in Canada. 

For additional information on Bizou, please visit their website at www.bizou.com.