You probably are used to seeing these small pop-up stores all over the mall, selling jewelry, phone cases and more. Well these pop-up stores are going to be making their way outside to Downtown Oakville.
Pop-up retail is a trend in which a venue offers a product or service one day and then the next day have it replaced by a different business selling a different product.
Property Manager Bentall Kennedy, who manages the commercial properties in the Lakeshore Road East has come together with pop-up go to lease 8 different spaces in a street front location to a variety of tenants.
This is a great opportunity for entrepreneurs to get their product out there at a cost-efficient price without committing to a large retail space for a long period of time.
You can expect to see unique jewelry, food, one-of-a-kind fashion and technology at these stores.
These pop-up shops would be required to stay for no less than three days and no more than three months, so every time you venture to downtown Oakville you’ll be guaranteed to see a different street-front shop.
There are currently many empty retail spaces in the area so these new pop-up shops are expected to bring in more foot traffic to downtown.
Even Ward 3 town Council Nicholas Hutchins says pop-up stores are better than the many vacant storefront.
Domenic Imbesi, regional director of marketing with Bentall Kennedy, said to the Oakville Beaver,
“We want to create an atmosphere and a sense that there is great opportunity in Downtown Oakville. A message that you need to get down here and experience these amazing stores while you can or you might miss them.”
But various existing long-term storefront owners are not happy about the idea, saying that this will create unfair competition since they’re paying a higher rent and the pop-up shops might be selling the same products.
These pop-up stores will be expected to be in the area before the end of summer.
Let us know what you think! Are these pop-up stores are good idea/add-on for the downtown area? Or should things be kept as they are with existing long-term shops?