New store in Chinook Centre and expanded flagship location in TD Square
combine for 42,500 square feet in Canada's fastest growing market
TORONTO, Oct. 7 /CNW/ - In the midst of a five-year national expansion
plan that has seen several recent store renovations, Harry Rosen Inc. is
thrilled to announce its latest addition to this plan - a doubling of its
Calgary presence in 2010 with a major expansion and an additional location
being added for a total of more than 42,500 square feet of retail space.
With an expansion to 30,500 square feet planned for its flagship location
at TD Square, Harry Rosen will also add a second store in suburban Calgary at
Chinook Centre, boasting 12,000 square feet of retail space.
"With the positive long-term prognosis of the economy in Alberta and
Calgary in particular, we have had our eye on expansion here for many years,"
states Larry Rosen, CEO & Chairman of Harry Rosen Inc. "TD Square will become
our second-largest store nationally, just after our recently-renovated 50,000
square foot flagship Toronto store on Bloor Street. The demand is so great for
better-end men's clothing in Calgary that the addition of a second store is an
absolute necessity for us to satisfy our clients."
The downtown Calgary store at TD Square originally opened in March 1984
with just over 7,000 square feet. With two renovations since then in 1993 and
1998, it doubled in size to its current 18,000 square feet. As such, the store
has enjoyed significant annual sales increases over the years, with sales
doubling in the past five years alone, making it one of the most important
flagship locations in the company.
"We're very excited about this expansion and we're eager to offer our
Calgary clients a flagship store of the highest stature," adds Michael Peters,
Harry Rosen Inc. Regional Director for Alberta and Manitoba. "This store will
be a shining jewel in our operation once the project is complete."
Many of the finest menswear labels in the world, currently carried at
Harry Rosen, are slated to have official shop-in-shop boutiques in both
Calgary locations, including BOSS Hugo Boss, Armani Collezioni, Dolce and
Gabbana, Canali and Ermenegildo Zegna. The revamped TD Square store will
feature pristine European design and materials and the latest thinking in
retail design. The addition of the suburban outpost at Chinook Centre will
guarantee that sophisticated Calgarians will have the greatest access possible
to these brands without having to leave their city.
This Calgary expansion will further boost the local economy - requiring
approximately 40-50 new positions within the company, with approximately 25-30
staff required for Chinook and an additional 15-20 required for TD Square. A
hiring campaign will be mounted in 2009 for top qualified retail professionals
About TD Square
Along with Calgary Eaton Centre, TD Square is one half of The Core -
downtown Calgary's distinctly urban shopping venues. Managed by 20 Vic
Management Inc, The Core is conveniently connected and located from 2nd Street
to 4th Street (between 7th and 8th Avenues SW) and features more than 160
trend-setting stores and boutiques.
About Chinook Centre
Originally opened as an outdoor mall in 1960, Chinook Centre continues to
grow and set the standard today for Canadian retail. Managed by Cadillac
Fairview, Chinook Centre recently completed a $300 million redevelopment and
now features over 200 stores and services and many one-of-a-kind attractions
unique to Calgary.
About Harry Rosen Inc.
Harry Rosen Inc., Canada's premiere men's wear retailer, is celebrating
54 years in business in 2008. Founded in 1954 by the man whose name the chain
still bears, Harry Rosen Inc. has grown from a single 500-square-foot store in
Toronto to become a powerhouse in Canadian retailing with 16 stores across the
country, accounting for 40 percent of the Canadian market in high-end men's
For further information:
For further information: Rachel Evans, Public Relations and Special
Events Manager, Harry Rosen Inc., Ph: (416) 935-9226, email@example.com;
Sarah Geddes, Sass Communications, (403) 802-0200,