Why Wealthier Toronto Has Fewer Luxury Stores Than Chicago

Mar 17, 2015
HRC Advisory COO Farla Efros discusses the luxury retail landscape in major cities like Chicago and Toronto in a recent Retail Insider article.

In a recent Retail Insider article comparing the luxury retail profile of Chicago and Toronto, HRC Advisory COO Farla Efros lends her perspective on why Chicago has a much higher concentration of luxury retailers compared to a wealthier Toronto.

Efros, an expert in luxury retail, cautions that there are many other factors beside average net worth that goes into determining whether or not certain retailers would be successful in a city like Toronto, including the retail cost structure.

Find out what else Efros shares with Retail Insider and read the full article below.

 

Full Article
Source: Retail Insider