Uniqlo: Japanese fast-fashion retailer is working with a broker to open Canadian stores
Uniqlo’s choice of American locations can be considered an indication of what it wants in Canada: prime retail space on busy streets and in prominent malls. Expect large Canadian Uniqlo flagships, as well as some smaller mall-based stores. However, its cautious American expansion foreshadows what’s in store for Canada, at least in the short term, as only a handful of American cities see multiple Uniqlo locations. This will change, eventually, as Uniqlo’s goal is to become the world’s top-selling fashion retailer. We’ll explain why Uniqlo stores will open in many Canadian markets over the next several years, and we’ll then discuss some of its most likely Canadian locations.
Sources inform us that Uniqlo is talking to Canada’s largest mall landlords as its searches for Canadian retail space. In March, the Financial Post reported that Uniqlo was in talks to open a 35,000 square foot space at Toronto’s Yorkdale Shopping Centre. Toronto and Vancouver are ideal cities for the Japanese retailer: both see exceptionally high retail sales, large Asian populations, and considerable Uniqlo brand awareness. Other desirable markets include Montreal, Edmonton, Calgary, and possibly Ottawa and Winnipeg, as the company continues expanding.
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