Nordstrom Announces New Toronto Plans

Nordstrom Inc. (Seattle) has announced Toronto’s Yorkdale Shopping Centre as the site of its fifth Canadian location.

As reported in Women’s Wear Daily, the three-level, 188,000-square-foot store is scheduled to open in fall 2016, in the fashionable mall at the north end of the city.

“Yorkdale is clearly a premier fashion destination, home to an impressive mix of retailers and we’re excited to be part of the center,” said Karen McKibbin, president of Nordstrom Canada.

However, said WWD, the American specialty retailer is still believed to be interested in finding a location in the center of Canada’s largest city, as well as elsewhere in the country. “We think we have the potential to get to eight to 10 full-line stores and over 20 Racks over time in Canada,” said Nordstrom spokesman Colin Johnson.

Nordstrom’s Northern push will begin in fall 2014 with a 140,000-square-foot, two-level unit in the Chinook Centre in Calgary; then, in the spring of 2015, a two-level, 157,000-square-foot unit in Ottawa’s Rideau Centre and a three-level, 228,000-square-foot site in Vancouver’s Pacific Centre. The fourth announced site is a two-level, 138,000-square-foot store site in Sherway Gardens on the west end of Toronto, to open in fall 2016.

All four units are being developed in partnership with Toronto-based Cadillac Fairview Corp. Ltd., one of Canada’s largest retail property managers.