Thomas Sabo Continues its Aggressive Canadian Store Expansion

Photo: www.jewellerybusiness.com

Photo: www.jewellerybusiness.com

August 28, 2014

Popular Germany-based jeweller Thomas Sabo will continue its Canadian store expansion by opening three new locations this year, as well as at least one more in 2015. Interestingly, the company has only two locations in the United States, while it currently operates eight Canadian stores.

In October, Thomas Sabo will open stores at Mississauga's Square One Shopping Centre, as well as at Winnipeg's Polo Park. In November, the brand will open at Calgary's Market Mall. According to the company's PR firm, Faulhaber Communications, Thomas Sabo will open at least one more Canadian store next year, and its location will be revealed shortly. 

Thomas Sabo currently has three stores in Vancouver (Oakridge Centre, Metropolis at Metrotown, Richmond Centre), two in Montreal (Carrefour Laval, Place Rosemere), and one each in Edmonton (West Edmonton Mall), Toronto (Yorkdale Shopping Centre), and Calgary (Chinook Centre). The brand is also carried at various other multi-brand Canadian retailers, according to its website. 

Thomas Sabo has only two American retail locations, both in Las Vegas. In 2015, the company will open a flagship store in New York City, possibly spearheading a substantial store expansion south of the border. 

Established in Pegnitz, Germany in 1984, Thomas Sabo retails its own brand of jewellery, watches and beauty products for women and men. It operates 240 stores across all five continents with a total of about 1,500 employees. 

Today's Retail News From Around The Web: August 28, 2014