MAINLAND NAVIGATING THE WORLD OF RETAIL NAVIGATING THE WORLD OF - - PowerPoint PPT Presentation

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May 10, 2023 274 likes •478 views

NAVIGATING THE WORLD OF RETAIL IN VANCOUVER & THE LOWER MAINLAND NAVIGATING THE WORLD OF RETAIL NAVIGATING THE WORLD OF RETAIL METRO VANCOUVER RETAIL LEADING THE COUNTRY METRO VANCOUVER $766 CAD $590 CAD $1,051 CAD Sales Productivity 17

SLIDE 1

NAVIGATING THE WORLD OF RETAIL IN VANCOUVER & THE LOWER MAINLAND

SLIDE 2

NAVIGATING THE WORLD OF RETAIL

SLIDE 3

NAVIGATING THE WORLD OF RETAIL

SLIDE 4

METRO VANCOUVER RETAIL

LEADING THE COUNTRY Sales Productivity

$766 CAD

Retail per Capita

17 SF

Vacancy Rates

4%

METRO VANCOUVER

$1,051 CAD 15 SF 3% $590 CAD 24 SF 8%

SLIDE 5

ONLINE SHOPPING

PERCENTAGE OF TOTAL SPENDING

2%

4X Shipping Costs

8%

vs.

SLIDE 6

ONLINE SHOPPING

OF ONLINE PURCHASES ARE

RETURNED

SLIDE 7

MERCHANDISING MIX

1http://visualmelt.com/Gary-Card

Food is the New Fashion Entertainment is the New Food

SLIDE 8

MILLENNIAL SPENDING PATTERNS

FOOD AND BEVERAGE Millennials Gen X Boomers

24 %

Of total spending

18 % 14 %

SLIDE 9

MILLENNIAL SPENDING PATTERNS

FITNESS

SLIDE 10

LUXURY SHOPPING

SLIDE 11

RETAILERS OWNED BY PRIVATE EQUITY

SLIDE 12

BIG GETBIGGER

SLIDE 13

MERGER OF BRICKS & CLICKS

SLIDE 14

Capilano Mall

Planned for redevelopment or expansion

Brentwood Coquitlam Centre

SEARS CLOSURES

POSITIVE FOR METRO VANCOUVER Metropolis Guildford Willowbrook

SLIDE 15

DEVELOPMENT TRENDS

TRANSIT ORIENTED DEVELOPMENTS

http://marinegateway.com/ http://westbankcorp.com/oakridge-vancouver http://www.theamazingbrentwood.com/transit.html https://www.cadillacfairview.com/en_CA/retail-pages/cf-pacific-centre/gallery.html

Pacific Centre

The Amazing Brentwood

Marine Gateway Oakridge Centre Redevelopment

SLIDE 16

DEVELOPMENT TRENDS

MIXED USE

http://pci-group.com/PCIprojects/crossroads/ https://casestudies.uli.org/the-rise/

Crossroads Cambie & 8th

SLIDE 17

DEVELOPMENT TRENDS

PUBLIC TRANSIT & INFRASTRUCTURE INVESTMENT

SLIDE 18

CONCLUSIONS

Retail Is Not Dead, But evolving