As Canada’s most successful shopping centre Yorkdale is always pushing the envelope and consistently reinventing itself to cater to the increasing demands of the new sophisticated mall shopper.
Today, Yorkdale has announced the opening date of its new 300,000 square foot, $331 million expansion. The newest expansion will see 30 stores that will open on Tuesday, October 18th. The new wing will be anchored by an impressive 188,000 square foot Nordstrom that will open its doors to the public on October 21st, 2016.
“This expansion will signal a new era in the evolution of the Canadian retail landscape,” said Claire Santamaria, Yorkdale Shopping Centre’s General Manager. “We have been strategically expanding to meet shopper demand for a retail environment unlike any other in Canada. This investment is designed to cater to that demand and attract new shoppers seeking exceptional choice and diverse retailers.”
If you keep up with the blog, you may have heard that Yorkdale is Canada’s leading shopping destination that boasts the country;s highest sales per square foot. At an astounding $1,610 per square foot, many existing retailers experience some of their highest sales worldwide in Yorkdale.
“Yorkdale’s latest expansion will make Canada’s top-selling center even better. Investment into creating engaging brick-and-mortar retail experiences is critical to driving consumers into stores,” said Craig Patterson, Director of Applied Research at the University of Alberta School of Retailing and a StyleDemocracy contributor through Retail-Insider. “Complementing a new anchor tenant with 30 new stores is a great strategy that will see increased pedestrian traffic at the property and more specifically in this expansion.”
What’s awesome about the new expansion are the stores that have confirmed their presence. As of now much-anticipated brands such as UNIQLO, Mackage, ARC’TERYX, Nadège, Wolford, Reiss, Strellson, Spareparts, Saje, Muji, Samsung and NYX Cosmetics have all confirmed that they will open boutiques in the new Yorkdale expansion.
Check back on the StyleDemocracy blog for more details!