A redevelopment deluge is hitting shopping mall properties across Toronto not only because of rising land values but also the threat online retailers are posing to bottom lines, an industry expert suggests. “I think that one of the big redevelopment waves right now are shopping centres,” Craig Patterson, founder and editor-in-chief of Retail Insider, an online trade publication, tells BuzzBuzzNews. “As real estate prices have gone up and developable land has become less available, I’m seeing shopping centre landlords looking at their shopping centre real estate as being prime land for intensification,” he adds...
The store employees are scheduled to vote Tuesday on whether to join Workers United Canada. “To our knowledge, this is the first unionization drive at a Uniqlo anywhere in the world.” Staff at the store are being scheduled for 9.5-hour workdays that include 90 minutes of unpaid breaks and they are often asked to work overtime on top of that, said Chicheng Wat, 35, who works on the sales floor and in the management office. “People say: ‘It’s just retail, what do you expect,’ but we work hard, we deserve to be treated fairly,” said Wat...
The Municipal Property Assessment Corporation will be re-assessing the value of dozens of Yonge Street commercial properties, which could potentially bring business owners some relief after a 100 per cent tax hike, the neighbourhood's councillor announced on Friday...
LAVAL, Que. — Police say thieves who broke into a Quebec department store early this morning accidentally lost hundreds of thousands in stolen goods as they fled. Laval police received a call at around 3:30 a.m. about a break-in and robbery at a Hudson’s Bay store in a shopping centre just north of Montreal...
Construction of a Sleep Country Canada store is underway on Owen Sound's east side and the company is advertising for sales associates now.
The fashion retailer opened its first store in Atlantic Canada in the Halifax Shopping Centre this week — but doesn’t want to talk about it. Zara spokesman Peter Panagopoulos declined a request for an interview on opening day, saying the fashion retailer only divulges the size of its stores and its product line. Its slightly more than 25,400-square-foot store opened on Wednesday. Inditex, Zara’s parent company, claimed in a statement its stores consume 30 per cent less energy and half as much water as a conventional store, but did not explain how...