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Le Creuset Confirm Quebec City Opening

November 18, 2013

We are pleased to announce that (later this month) iconic cookware specialist, Le Creuset, will open a flagship store at Place St.Foy in Quebec City. The premises (formerly occupied by Simon Chang) is 1,448 sq.ft and is strategically situated on a corner, at the mall’s 50 yard line (for those not in the shopping centre industry, this term refers to the mall’s centre court or main intersection - where traffic is the highest). Neighbouring tenants include Banana Republic, Sephora, Aldo, Zara, Lacoste, Simon…etc.

The new store, the company’s 4th Canadian location will feature Le Creuset’s full line of products and include a section for cooking demonstrations with some of Canada’s top chefs.

Note - Le Creuset operate Canadian flagship stores in the following centres: Chinook Centre (Calgary), Sherway Garden (Toronto) and Carrefour Laval (Montreal).

Le Creuset is looking to expand further in Canada. Markets of interest include Edmonton, Ottawa and Vancouver. Size required 1250-1500 sq.ft. Super regional malls are preferred.

Le Creuset was founded 85 years ago in 1925 in Fresnoy Le Grand in northern France. The company is privately held (and financed) by Paul Van Zuydam, who acquired Le Creuset in 1987. Today there are 250+ Le Creuset stores in 24 countries including US, Canada, UK, Italy, China, Australia, Mexico, Japan, South Africa, Russia…etc.

Place St.Foy is owned by Ivanhoe Cambridge and is the top performing shopping centre in Quebec City. Sales have now reached $700 psf. The shopping centre has a GLA of 643,000 sq.ft with approximately 123 stores, and is anchored by Holt Renfrew, Simon, Atmosphere and Signature Maurice Tanguay. Further the centre is home to top globally recognized brands such as Apple, Michael Kors, BCBG, Guess by Marciano, Parasuco…etc. Place St.Foy attracts 9 million visitors annually.

I’d like to thank Elizabeth Lahaie of Ivanhoe Cambridge for all of her help in completing this transaction. Elizabeth worked extremely hard, was readily available to problem solve and was frequently creative.

For all of the news regarding Le Creuset, please visit their website at www.lecreuset.com.