Simons to open two new urban Toronto stores in 2025
Simons has announced that two new urban stores will open in Toronto at Yorkdale Shopping Centre and CF Toronto Eaton Centre.
These stores, which are set to open in fall/winter 2025, will mark Simons’ 18th and 19th establishments in Canada and represent an investment of over $75 million. They are also expected to generate approximately 400 new employment opportunities.
The two urban stores will complement the Canadian retailer’s location at Square One Shopping Centre in Mississauga, Ontario, as well as increase the brand’s overall current annual sales of more than $650 million by 15 per cent as it expands its presence in the Greater Toronto Area (GTA).
“We believe in the vitality and competitiveness of the Canadian retail landscape and are excited about the future here and about growing here,” said Bernard Leblanc, president and CEO of Simons. “We are committed to listening to our customers from coast-to-coast and continuing to expand our unified physical and digital footprint, across the country, to meet their needs.”
“Despite current economic challenges in the retail landscape our sales growth in Mississauga has steadily increased since opening and is up by more than three per cent over the last fiscal year. This demonstrates our understanding of our GTA clients’ preferences and signaled to us that now is the time to offer Torontonians the distinctive art, design, and fashion experience that only Simons can deliver.”
The first of the new Simons stores will be located in Yorkdale Shopping Centre, will span two floors and offer customers over 118,000 square feet of shopping experience. The new outlet will feature architecture by Lemay-Michaud Architecture, and the interior design, by Toronto-based Gensler Design, will be inspired by natural elements.
The second location will be a street-level storefront at the iconic CF Toronto Eaton Centre that will span over 110,000 square feet on three levels. The art adorning the store will be a selection of works by local artists, and the space will feature a unique architectural design created in collaboration with Lemay Michaud Architecture and Gensler Design.