EDMONTON – The first Simons store outside Quebec opens Wednesday in Edmonton— three months behind schedule.
But Peter Simons, CEO of the family-owned fashion chain, says there is a good reason for twice postponing the original early August launch date.
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CALGARY— Consumers in Alberta and the Prairies will lead the country this year in holiday retail sales growth, according to Ernst & Young.
In a report released Tuesday, it said holiday sales are expected to rise by 3.5 per cent across the country as consumer confidence improves.
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CALGARY— The demand from retailers for new retail projects in Calgary has reached a new and unprecedented level, says a new report by Colliers International.
The commercial real estate firm said developers are responding to the strong retailer interest as 42 projects comprising nearly 10.9 million square feet are in the planning, permitting or construction stage.
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CALGARY, AB, Oct. 27,2012/ Troy Media/ – Many of us will remember the sketch from the 1983 Monty Python movie The Meaning of Life and the restaurant maître d’ played by John Cleese. “And finally, monsieur, a wafer-thin mint,” he said to his diner, a man of enormous size and girth. Offering the man one more teeny, tiny morsel of food ended badly. If you’ve seen the film, you’ll know. (If you haven’t, use your imagination).
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The Morley townsite, west of Cochrane, has remained exactly the same for years.
But all that is about to change.
On Oct. 19 the Bearspaw band, one of three that comprise the Stoney Nakoda Nation, celebrated the fact they’re about to build a new retail complex next to the youth centre, opposite the Stoney band office.
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CALGARY—Alberta retail sales growth in August outpaced the Canadian average, according to Statistics Canada.
The federal agency reported Tuesday that sales in the province reached $5.8 billion, up 0.4 per cent from July and a year-over-year increase of 8.1 per cent.
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CALGARY, AB, Oct. 23,2012/ Troy Media/ – Alberta consumers hit another new record high in August with retail spending of $5.76 billion – up 0.4 per cent month over month. Comparing the first eight months of 2012 with the same period last year, total sales are higher by nearly 9 per cent.
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CALGARY—Calgary’s low retail vacancy rate, combined with continued strong consumer spending, has created a positive environment for new developments.
One of those is Strategic Group’s 20/20 project in Mission which will add about 20,000 square feet of retail space to the market by 2013.
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EDMONTON – The opening of Edmonton’s newest Walmart (NYSE:WMT) on Friday simultaneously marked the end of the Zellers era and the first salvo in a retail war with rival Target.
“Let the games begin,” said Paul McElhone, executive director of the University of Alberta School of Retailing.
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SHERWOOD PARK — The developer behind Emerald Hills Centre hopes the big, new retail project keeps Strathcona County shoppers closer to home.
The first phase of the 600,000-square-foot retail development in north Sherwood Park is set for its grand opening on Saturday after more than a year of construction.
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