REAL ESTATE

Ground broken for new Premium Outlets Montreal

BY Staff Writer

Montreal — Simon Property Group, SmartCentres and Calloway REIT hosted a ground-breaking ceremony on Wednesday to begin the construction of Premium Outlets Montreal, the second Premium Outlet Center in Canada.

The first phase of Premium Outlets Montreal will open in the fall of 2014 and will feature more than 80 upscale stores within the planned 366,000 sq. ft. center.

Montreal follows the successful opening of Toronto Premium Outlets in August 2013, Simon and Calloway’s first outlet center in Canada.

The Montreal center will be located in Mirabel, Quebec. The single level, village-style development will have a contemporary, sophisticated design for an upscale shopping atmosphere.

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OPERATIONS

Survey: Consumers buying more specialty foods

BY Staff Writer

New York — Consumers are choosing specialty foods over conventional foods at record levels, according to research from the Specialty Food Association.

Nearly 75% of U.S. consumers report making specialty food purchases this year, a major increase since the economic downturn of 2009 when only 46% reported that they bought these high-quality products. Consumers surveyed say they spend about one quarter of their at-home food dollars on specialty options like artisanal chocolates, cheeses and oils.

"The results confirm that consumers are responding to the wealth of innovative foods and beverages being produced today by food artisans and entrepreneurs across the U.S.," says Ron Tanner, the Specialty Food Association’s VP of communications and education. "Specialty food has become part of the daily diet for a majority of Americans."

The findings are based on an online survey conducted by Mintel International in August 2013 of 1,486 adults age 18 and older who purchase specialty foods.

Some 43% of specialty food consumers use their mobile phones to buy food, and nearly half buy foods with locally-grown ingredients.

Specialty food consumers tend to be young, affluent, and live in the West or Northeast. Men are almost as likely to make purchases as women, with 74% of men and 75% of women reporting buying specialty foods.

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C-SUITE

QVC makes executive appointment

BY Staff Writer

West Chester, Pa. — QVC announced the appointment of Matthew Goldberg to the position of senior VP global market development. Goldberg, who will assume his new role in October 2013, will be responsible for driving global growth, reporting to Mike George, president and CEO of QVC.

Goldberg most recently served as CEO of Lonely Planet, where he drove the company’s geographic expansion into China, India, Brazil, Russia and other markets, through partnerships and local operations. He recently facilitated the sale of Lonely Planet to a private investor.

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