buildup
Senior Member
This is what I see happening in the area...
Sachs moving into the Y&B Hudson Bay will be a huge winner particularly since the zone will be supported by the arrival of 1BE and the Bloor revitalization which extended to Jarvis. This area will become the new hub. All Sachs needs to do is resolve the bunker architecture - not sure how. Holt Renfrew is vulnerable because their floor plan is small, incoherent, too many brands with small selection. Their plan to redevelop the site will take 10 years at which point Sachs will be settled in.
At the other end of the strip Neiman Marcus might do well if they could be lured into Hazelton Lanes. Its not right on Bloor, but that also means leasing costs are less. Its distinct advantage would be a unique Mall experience - Whole Foods, Equinox, great parking and less congestion. I could see some women spending a whole day there in February. If they could get an LCBO it would be a real win. Lastly as the former Four Seasons site gets completed this will help build another bridge to Yorkville & Scollard.
Harry Rosen is somewhat threatened because they don't have as much scale as the new entrants, but they do have well trained, long-term sales staff and huge sales at their Bloor location. But either Sachs or NM might be able to lure over a couple of lines who don't get enough play at Harry's.
Sachs moving into the Y&B Hudson Bay will be a huge winner particularly since the zone will be supported by the arrival of 1BE and the Bloor revitalization which extended to Jarvis. This area will become the new hub. All Sachs needs to do is resolve the bunker architecture - not sure how. Holt Renfrew is vulnerable because their floor plan is small, incoherent, too many brands with small selection. Their plan to redevelop the site will take 10 years at which point Sachs will be settled in.
At the other end of the strip Neiman Marcus might do well if they could be lured into Hazelton Lanes. Its not right on Bloor, but that also means leasing costs are less. Its distinct advantage would be a unique Mall experience - Whole Foods, Equinox, great parking and less congestion. I could see some women spending a whole day there in February. If they could get an LCBO it would be a real win. Lastly as the former Four Seasons site gets completed this will help build another bridge to Yorkville & Scollard.
Harry Rosen is somewhat threatened because they don't have as much scale as the new entrants, but they do have well trained, long-term sales staff and huge sales at their Bloor location. But either Sachs or NM might be able to lure over a couple of lines who don't get enough play at Harry's.
