Comments on: All that Mystery and then This http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/ Kitsilano's very own blog. Sat, 11 Feb 2012 08:31:54 +0000 hourly 1 http://wordpress.org/?v= By: les http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/#comment-689 les Thu, 06 Mar 2008 19:23:09 +0000 http://www.kitsilano.ca/uncategorized/all-that-mystery-and-then-this/#comment-689 You already have a great cafe in Kits! The former owner of Caffe Artigiano opened up 49th Parallel Coffee Roasters on 4th Ave between Arbutus and Vine. Best coffee in the city! You already have a great cafe in Kits!

The former owner of Caffe Artigiano opened up 49th Parallel Coffee Roasters on 4th Ave between Arbutus and Vine.

Best coffee in the city!

]]> By: Ariane C http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/#comment-474 Ariane C Sun, 04 Nov 2007 02:53:29 +0000 http://www.kitsilano.ca/uncategorized/all-that-mystery-and-then-this/#comment-474 Wanna know? Le Crapeau is coming into that lovely old building just vacated by Koolhaus. The house of Kool has definitely left Kits and the very UN-kool Le Chateau will grace our lovely 'hood soon enough. Eee-gads. Wanna know? Le Crapeau is coming into that lovely old building just vacated by Koolhaus. The house of Kool has definitely left Kits and the very UN-kool Le Chateau will grace our lovely ‘hood soon enough. Eee-gads.

]]> By: steph http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/#comment-473 steph Sun, 16 Sep 2007 20:58:30 +0000 http://www.kitsilano.ca/uncategorized/all-that-mystery-and-then-this/#comment-473 Chalk it up to the success of the street. Rents have shot up, and cool new shops can't afford to pay $60/ft++. Landlords who don't care and have no vision of a cool Kits. The property is an investment and Reitman's will overpay to give the greedy bastards the return they want. But sadly (to disagree with a previous post) Reitmans will outlast many shops on the street. Publicly traded and with tons of cash on the books, they can sit and lose cash for a long time. They just donated $20 Million dollars to the Toronto Film Fest (trying to BUY cool maybe?) and second quarter profits doubled to $32.1 Million. So they can stay a looooonnnng time. It's sad. But they're trying to rebuild their "hip" banner store (name escapes me), a sub-chain that's been underperforming. They'll likely get it right eventually and they'll need to have the right leases tied up to ensure success. It reminds me a bit of when Starbucks opened on The Drive.... everyone was bitching but years later the overpriced cliche Americanized coffee bar is wildly successful there. The masses don't care. Yes Kits has a cool vibe but that's what is attracting uncool retailers.... Kit's is a victim of it's own success. Big retailers know that not everyone in the neighbourhood is cool, hip, indie, etc. And they don't want those shoppers anyway. Reitman's doesn't want the cool girls.... they want the masses of uncool who exist in Kits but you never notice them because they're not hip enough. Steph ps. Watch for another sad chain to take over the Koolhaus space on 4th and Yew. Gap? Abercrombie? H & M? (yes, H&M sucks too...sorry.) Chalk it up to the success of the street. Rents have shot up, and cool new shops can’t afford to pay $60/ft++. Landlords who don’t care and have no vision of a cool Kits. The property is an investment and Reitman’s will overpay to give the greedy bastards the return they want.

But sadly (to disagree with a previous post) Reitmans will outlast many shops on the street. Publicly traded and with tons of cash on the books, they can sit and lose cash for a long time. They just donated $20 Million dollars to the Toronto Film Fest (trying to BUY cool maybe?) and second quarter profits doubled to $32.1 Million. So they can stay a looooonnnng time. It’s sad. But they’re trying to rebuild their “hip” banner store (name escapes me), a sub-chain that’s been underperforming. They’ll likely get it right eventually and they’ll need to have the right leases tied up to ensure success.

It reminds me a bit of when Starbucks opened on The Drive…. everyone was bitching but years later the overpriced cliche Americanized coffee bar is wildly successful there. The masses don’t care. Yes Kits has a cool vibe but that’s what is attracting uncool retailers…. Kit’s is a victim of it’s own success. Big retailers know that not everyone in the neighbourhood is cool, hip, indie, etc. And they don’t want those shoppers anyway. Reitman’s doesn’t want the cool girls…. they want the masses of uncool who exist in Kits but you never notice them because they’re not hip enough.

Steph

ps. Watch for another sad chain to take over the Koolhaus space on 4th and Yew. Gap? Abercrombie? H & M? (yes, H&M sucks too…sorry.)

]]> By: Tamara http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/#comment-472 Tamara Wed, 22 Aug 2007 19:56:55 +0000 http://www.kitsilano.ca/uncategorized/all-that-mystery-and-then-this/#comment-472 Hah! That's awesome! Maybe it's so un-hip that it's actually hip and irreverent to shop there now? I'm not too cool to go in and see what they have. :-) Hah! That’s awesome! Maybe it’s so un-hip that it’s actually hip and irreverent to shop there now?

I’m not too cool to go in and see what they have. :-)

]]> By: Karen http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/#comment-471 Karen Wed, 22 Aug 2007 01:16:03 +0000 http://www.kitsilano.ca/uncategorized/all-that-mystery-and-then-this/#comment-471 Reitmans is trying hard to make their label hip but I don't know anybody that shops there other than my Mom. Ha. They won't last long. Reitmans is trying hard to make their label hip but I don’t know anybody that shops there other than my Mom. Ha. They won’t last long.

]]> By: Angie http://www.kitsilano.ca/2007/08/21/all-that-mystery-and-then-this/#comment-470 Angie Wed, 22 Aug 2007 01:08:39 +0000 http://www.kitsilano.ca/uncategorized/all-that-mystery-and-then-this/#comment-470 Ugh indeed. What waste of a space! Interesting move for Reitman's though. Ugh indeed. What waste of a space! Interesting move for Reitman’s though.

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