Optimism shaping up for 2014 retail activity
TRURO – Things are shaping up for 2014 as far as the retail situation is concerned at the Truro Mall, an official says.
The former Zellers store in the Truro Mall is being renovated to accommodate multiple businesses, including an international fashion retailer that is expected to open in late 2014. HARRY SULLIVAN – TRURO DAILY NEWS
“It’s always hard and it’s not always healthy to have 100 per cent occupancy, because it makes it difficult to expand and relocate tenants and get creative,” said mall manager Donald Burton. “But we expect to have a very healthy occupancy rate for 2014,” he added.
Construction has begun in the section of the mall formerly occupied by Zellers to subdivide the area for at least a couple of new tenants.
“Unfortunately we’re not able to make an announcement at this time,” Burton said, of one of the primary tenants who will leasing within that section of the mall. But he did say the tenant will be an international fashion retailer that already has multiple locations in Atlantic Canada.
“It will be a fall 2014 opening,” for that business, Burton said.
As well, Mobile Snap, which markets cellphone accessories, recently opened a kiosk in the mall in time for holiday shopping and Burton has previously announced that Sally Beauty Supply and Wireless Wave are also currently under construction.
Wireless Wave could be open as early as this weekend while Sally Beauty Supply will also be opening in the “short term as well,” he said.
Also in recent months, Christmas Discounters and Pearl & Daisy opened retail locations in the mall.
“As a result of that (the overall additions), some of the other leases we are working on are starting to come together,” Burton said. “As we’ve always pointed out, we expect to be in a stronger position when we are done with the redevelopment here than we were before Zellers vacated.”