Future(s): An In-depth Review Of Toronto Retail Market Land and - PowerPoint PPT Presentation

Retail, Past Present And Future(s): An In-depth Review Of Toronto Retail Market Land and Development Conference May 2014

SESSION OUTLINE  Introduction of Panel  Power Point Presentation  Remarks by each panel member  Questions

PANEL Mark Grenville, President, Grenville International Consulting Corporation Tony Hernandez, Director, Centre for the Study of Commercial Activity and Eaton Chair in Retailing , Ryerson University Hermann Kircher, President, Kircher Research Associates Ltd. Tom Smith, Senior Vice President, Development & Leasing , Enclosed Malls, SmartCentres

Galleria Royales, St. Hubert Reminder of Global Retail Ideas: Gallerias, Department Stores in London, Paris

Galleria Vittorio Emanuele Milan 1865 - 1877 Reminder of Global Retail Ideas: Gallerias, Department Stores in London, Paris

General Stores and Shopkeepers-Pre 1850

King Street looking East from Yonge St, Toronto 1870’s

Queen Street, Toronto 1902

Age of the Department Store 1850-1950 Eatons`store, annex, factory, Queen and Yonge, Toronto 1920 Eaton’s Original Store 1869

Simpsons department store, 184 Yonge. 1872

Robert Simpson Co, Queen and Yonge , Toronto circa 1908

Eaton’s, Queen and Yonge , Toronto 1930

Yonge Street Arcade, Toronto 1884

Retail stores at grade, professional offices, and schools above All organized around a central glass covered mall

A Brave New World

Yorkdale Shopping Centre, Highway 401 and Dufferin St, 1964

1977

Regional Mall Expansion, Sherway reflects continued investment in existing dominant centres 2014 Originally constructed in 1971

Big Box in the City, SE corner Bay St and Dundas St 2008

Ethnic Neighbourhoods, China town, Spadina Ave

2011

General Stores and Shopkeepers before 1850 Street Front Retail Department Stores 1850 - 1950 Shopping Centres 1950 - today Big Box Era 1990 – today Ecommerce For Everyone 2010 - Luxury For Everyone 2015 – Urban Retail

Power of the Department Store Eaton`s Santa Claus Parade, James St entrance, 1918

Bloor Street – Williams Sonoma Opening

Bloor Street, Gucci

Bloor Street, Cartier

Bloor Street, Louis Vutton

Bloor Street, Escada

Bloor Street, Tommy Bahamas

Bloor Street, Holt Renfrew

“THANKS FOR THE MEMORIES”………. Eaton’s, Simpsons, Simpsons - Sears, Woodward’s, Zellers, Robinson’s, Sayvette, Ogilvie’s, Kaplan’s, Towers, Woolco, K-Mart, Hard Stores, Horizon, Bretton’s , Miracle Mart, Morgan’s, Big Lots, Pascal’s, Aikenhead’s , Idomo, DeBoers, Chapters, Bi- Way, Family Fair, Bargain Harold’s, Woolworth’s, Kresge’s , White Rose, Wheal & Cullen, Consumer’s Distributing, Cardinal, Radio Shack, Knob Hill Farms, Dominion Stores, A & P, Food City, Steinberg’s, Valdi, Bittners, Blockbuster, Tabi, Jacob, Petcetera, Giant Carpet, and many more.

“THANKS FOR THE FUTURE”……… HBC, SAKS, Target, Walmart, Lulu Lemon, Apple, Microsoft, Google, Yahoo, Amazon, Nordstrom’s, Holt Renfrew, Simon, Loblaws, Shoppers Drug Mart, Leons, The Brick, Shopify, Ebay, Home Depot, Lowes, Rona, Home Hardware, Future Shop, Best Buy, LCBO, Sobey’s . Metro, Rexall. Williams Sonoma. Forever 21, H&M, Zara, Aeropostale, Garage, American Eagle, Roots, Canadian Tire, Sport Chek , Atmosphere, Mark’s, MEC, Sail, Costco, J Crew, Dollarama, Anthropologie, Uniglo, Krispy Crème, Victoria’s Secret, GAP, Old Navy, Ann Taylor, Starbucks, Guess, Sony Store, Coach, Sephora , Children’s Place, Pottery Barn, Crate & Barrel, Disney Store, Hollister, Whole Foods, Toys-R- Us, IKEA, Aldo, Winners, Michael’s, Marshall’s, Home Sense, Golf Town, Bed Bath & Beyond, Brooks Bros., Restoration Hardware, Banana Republic, Aritzia, Pusateri’s , Sporting Life, AND MANY MANY MORE

1950 – Parkway Plaza 1858 - Simpsons, Newmarket 1869 – Eaton’s – 178 Yonge St, Toronto 1952 – Don Mills Shopping Centre 1953 – Lawrence Plaza 1954 - Golden Mile Plaza 1954 – Eglinton Square Shopping Centre 1955 – Centerpoint Mall 2005 – Vaughan Mills 1955 – Holt Renfrew – 144 Bloor St W, Toronto 1956 – Cloverdale Mall 1956 – Dufferin Mall 1956 – Dixie Outlet Mall LP 1970 – East York Town Centre 1970 – Fairview Mall 1971 – Sherway Gardens 1972 – Galleria Shopping Centre 1972 – Manulife Centre 1973 – Honeydale Mall 1973 – Scarborough Town Centre SWD 1974 – HBC – Bloor St, Toronto 1975 – Bridlewood Mall 1977 – Eaton Centre 1979 – Holt Renfrew – 50 Bloor St W, Toronto 1903 – North Northway and Sons – 240 Yonge St, Toronto 1894 – Simpsons – Queen & Yonge, Toronto 1895 – F W Woolworth’s – Queen & Yonge 1962 - Shoppers World Danforth 1899 – Old City Hall 1962 - Albion Centre (formerly Shoppers World Albion) HM 1962 – Eatons @ Don Mills Shopping Centre 1883 – Eaton’s – 190 Yonge St, Toronto 1964 – Yorkdale Mall 1884 – Yonge Street Arcade 1965 – Bayview Village 1889 – Holt Renfrew – 71 King St E, Toronto 1872 – Simpsons – move to 184 Yonge St, Toronto 1966 – Agincourt Mall 1985 – Lawrence Square Shopping Centre Toronto Historical Retail Growth 1985 – Woodbine Centre

FUNCTIONAL BIG BOX SPACE

NEW INTEGRATION OF BIG BOX SPACE

TOP TEN TRENDS AFFECTING THE FUTURE OF RETAIL IN TORONTO • Internet: Omni Channel, Ecommerce, mobile, store as web site, highly responsive, highly interactive, personalized • Luxury segment expanding • Internationalization of retail • Urbanization- smaller ‘Big Box’ stores, multi level retail, reduced choice/less sku’s • Bipolarization market-Luxury and Value segments, DSTM and FSTM • The Growth Plan • Redevelopment of existing centres • Dominance of Institutional and REIT Investors • Consumers Lifestyle concern for health and well-being • Social Ethical Sourcing