AGINCOURT
HISTORY
Agincourt Mall has played an important role in the development of the Agincourt community
• On November 23rd 1966, Agincourt Mall officially opened
• For 51 years it has offered a variety of retail options, first with Woolco as the anchor and more recently, Walmart and No Frills
• It is located near green space, including Ron Watson Park and Tam O’Shanter Golf Club
• This location currently has excellent transportation links with plans for
further improvement
Learn about the new community plan for Agincourt District
RETAIL
REVIVAL
Retail is changing rapidly and Agincourt Mall is changing with it. The new Community Plan will elevate the local retail experience and bring it up to community expectations at a new higher standard.
• With today's retail environment, most enclosed neighbourhood community malls are fading in appeal
• The changing face of retail is a result of a number of factors, such as online shopping and changing demographics
• According to Ann estimate by Colliers International, online sales of $23 billion in 2014 replaced 76.7 million square feet of bricks and mortar stores in Canada Toronto Star
• E-commerce's share of retail sales has increased rapidly in recent years, rising to 10% in 2015 from about 5% of U.S. sales in 2010, according to a September 2016 report by Fitch Ratings. Fitch expects online sales to burgeon to the 15% to 17% range by 2020. This suggests half of retail sales growth is expected to come online, as opposed to from physical retail locations - CFO Newsletters
• Although many of the retail outlets found in yesterday's mall are in decline, there are still many shops and restaurants that are attracted to higher-density mixed-use neighbourhoods with direct exposure to vibrant, complete streets
WE WANT
TO HEAR
FROM YOU
Phone: 289-301-6606