Canadian Retailer - Summer 2012 - (Page 6)

SHOP TALK RETAIL NEWS STORIED CANADIAN RETAILERS CELEBRATE ANNIVERSARIES Korry’s Clothiers to Gentlemen When Torontonians think of the Danforth, along with the many other community retailers that come to mind, the name Saul Korman is almost assuredly at the forefront. Korman opened Korry’s in 1952. And, in honour of the 60 years that he and his family have been serving Toronto residents with his suits for men, wit and colourful personality, the retailer opened his doors for a public celebration. It’s amazing, and a rarity in business today, that the man who opened the iconic store more than 60 years ago is still the man whose voice booms in the retailer's famous radio spots, and whose face patrons of the store see when they enter. What does Korman credit for the more-than half-century of success in the city? “You have to love what you do,” says the enigmatic retailer. “You need to be relentless in promoting your business. You need to enjoy working with the team that you’ve built around you. And, you need to arrive at the office every single day with this attitude. It’s infectious and, in my case anyway, has resulted in longevity.” Diane J. Brisebois, President and CEO of Retail Council of Canada (RCC), agrees with Korman’s sentiments, but believes that there’s a lot more behind the success of Korry’s than simply loving the business. “Saul’s a character. There’s no question about that,” she says. “And he’s also an incredibly savvy and creative businessman who’s dedicated not only to the continued success of his store, but to the community around him as well. He’s an extraordinary man who deserves congratulations for the tremendous job that he’s done over the many years in the city.” Town Shoes Town Shoes, another family-run Canadian retailer, recently honoured its silver anniversary as well with a party in Toronto. And, the company certainly had reason to celebrate. In addition to recognition of its success and achievement as a retailer with more than 60 years serving Canadian customers, it also just became the largest branded footwear retailer in Canada when it acquired the Vancouverbased group of stores operating under the Sterling, Freedman and Shoe Warehouse banners in March, adding to its portfolio which already included Skechers, 30 Town Shoes locations and 65 Shoe Company locations. The recent growth of the company is significant, but highlights the entrepreneurial attitude and spirit that has served the 60 year-old retailer so well through the years. “We always have our eye on serving our existing customers and finding new ones,” says Town Shoes’ CEO, Alan Simpson. “This is why we’ve been able to enjoy success for over 60 years now. We keep our customers at the heart of every decision that we make, whether it’s a new line of shoes or store expansion.” ALDO Group This year also marks the 40th anniversaries of Montreal-based ALDO Group - one of the most successful shoe retailers in the world. The retailer, with an international presence 72 countries and over 1600 stores worldwide, has always kept its finger on the pulse of international fashion through design centres in Montreal, London, Hong Kong and 6 | canadian retailer | summer 2012 |

Table of Contents for the Digital Edition of Canadian Retailer - Summer 2012

Today's Trends in Online Shopping
The Canadian eCommerce Tipping Poing
Cooking Up Change
Mobile Payments: The Top-10 Things to Know About Mobile Payments
CDN/US Price Disparity: Pricing Without Borders
Loss Prevention: Hack Attacks
Privacy Matters: Helping Retailers Navigate The Privacy Landscape
Publisher's Desk
Shop Talk
Director's Message
Retailer's Guide

Canadian Retailer - Summer 2012