BCBusiness

September 2015 The Small Business Issue

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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10 BCBusiness SEPTEMBER 2015 PoRTRaiT: adaM BlaSBERg We don't typically cover the comings and goings of retailers at BCBusiness—there are too many changes to chronicle, and for the most part the story is often too hyperlocal (the arrival of a women's clothing store on Main Street) or too broad (the coming, then going, of Target—a colossal national failure in which B.C. played but a part). The arrival of Nordstrom—a Seattle-based retailer set to open its doors at Robson and Howe this month—is different. The upscale chain is occupying what is arguably the most valuable real estate in Vancouver: an iconic block, across from the art gallery, whose transformation is reviving a forgotten part of the downtown core. But more than just physi- cal transformation, Nordstrom also promises a marked shift in how high-end retail is done in Vancouver—and indeed, in the province. Nordstrom has made a name for itself in customer service; its reputation has even spawned a book, The Nordstrom Way to Cus- tomer Service Excellence: The Handbook For Becoming the "Nordstrom" of Your Industry. Key to its success has been unrelent- ing attention to detail—everything from showing, not pointing, custom- ers in the right direction to ringing in purchases before customers even reach the cash register. But ultimately, as Jamie Nordstrom (great-grandson of company founder John Nordstrom) tells BCBusiness editor Felicity Stone in "Retail Showdown" (p.56), the bot- tom line is just making customers happy: "Whether it's food and drink experiences or unique merchandise that you're not going to find anywhere else in the city in addition to great ser- vice, we want this to be a store that people say, 'Hey, if you're going to go to Vancouver, you've got to go check out Nordstrom.'" As Stone explains, the arrival of Nordstrom heralds an upping of the game from some of Vancouver's established retail- ers. And it doesn't come a moment too soon. According to a survey BCBusiness conducted for this issue (the results of which you can read starting on page 49), British Columbians are not thrilled with the level of retail service they're getting. The older and wealthier you are, the more likely you are to think things are worse now than they were five years ago. Not a sur- prise. What is surprising, however, is the "posi- tive momentum"—as pollster Mario Canseco of Insights West puts it—for e-commerce: people reporting a big improvement in their experi- ences shopping online versus in an actual store. For retailers heavily invested in f lashy downtown storefronts, that's a problem. "If you're not really careful with your custom- ers," Canseco says, "they'll start to do every- thing online." C O N T R I B U T O R S Matt O'Grady, Editor-in-Chief mogrady@canadawide.com / @bCbusiness Veteran Vancouver-based writer and editor Fiona Morrow (Power Lunch, p.75, and Big Fat Deal, BCBusiness.ca) has written on the arts, travel and lifestyle for publications in Canada and her U.K. homeland, including the Guardian, the Globe and Mail, Time Out London and Vancouver Magazine. She particularly loves writing about food because "when it's good (as it was at Bauhaus), there are few better assignments than being paid to eat well." Steve Ogle ("The Norwegian Way, " p.30) is a photographer, writer and biologist based in Nelson. Photographing the LNG plant in Norway on a ski trip with writer Andrew Findlay was exciting because it "seemed like an evil villain's lair set upon a windswept island and accessible only via an undersea tunnel. And I had a photo pass!" Once inside, they discovered no evil villains, just skiers like themselves. What's in Store editor's desk In OCTOBER Our 22nd annual EY Entrepreneur of the Year issue. Plus: Vancouver's big office boom

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