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24-522: Yogen Früz was founded in 1986 by brothers Michael Serruya and Aaron Serruya, who opened the firm's first outlet in August 1986 at The Promenade Shopping Centre in Thornhill, Ontario , Canada. The umlaut over the "u" in the store's name is an example of foreign branding . The store offered made-to-order frozen yogurt in cups as well as frozen shakes mixed with fresh fruit; it was successful, and within

48-568: A Brazilian shopping center manager worth more than $ 1 billion. In 2012, Cadillac Fairview bought out the leases of Sears Canada in five stores for $ 400 million, including the lease of the flagship Sears at Toronto Eaton Centre . Many of the former Sears locations, including the one at Eaton Centre, became Nordstrom . In 2014, it purchased the Toronto flagship store of Hudson's Bay Company for $ 650 million. On September 21, 2015, Cadillac Fairview rebranded its shopping centre properties, adding

72-614: A healthy-choice lifestyle product. In 2016, Yogen Früz celebrated their 30 years in business, allowing customers to design the brand's new cup. The winner will have "their design featured on the company website and will be treated to five years’ worth of free frozen yogurt or a $ 1,000 scholarship." Today, the company serves proprietary probiotic frozen yogurt, both mixed with fruit(s) and soft serve , and both dairy and non-dairy smoothies. For its standard yogurt cup, there are various base yogurt options such as low-fat and non-fat. The firm frequently uses "master franchisees", who can obtain

96-785: A visitor. Cadillac Fairview owns, develops, and manages property, malls and large office and retail spaces across the Western Hemisphere , mostly in North America . Cadillac Fairview has also developed suburban housing, such as the Erin Mills "New Town". Among its Canadian assets are five Quebec properties, twenty-five Ontario properties, two Manitoba properties, eight Alberta properties, and fourteen British Columbia properties. Cadillac Fairview's malls are generally large and high-quality, with high-end stores and high sales per square foot. For instance, sales at

120-667: A year the company's first franchises opened in London, Ontario . By 1989, Yogen Früz franchised its 100th store. A younger brother, Simon, joined the company in 1989 at the age of 18, while their father sold his typesetting business to oversee offices in Europe. In December 2005, International Franchise Corp. acquired Yogen Früz and CoolBrands International 's franchise division. It is the largest franchiser of stores serving primarily frozen yogurt, with over 1,300 locations operating in more than 20 countries. The company aims to brand itself as

144-521: Is a Canadian company that invests in, owns, and manages commercial real estate , mainly in Canada and the United States. As of March 2017, the company had 73 properties, encompassing 50 million square feet, worth over $ 40 billion. As of September 2017, Cadillac Fairview's portfolio consisted of 60% Canadian retail (mainly major shopping centres) and 26% Canadian office buildings. Cadillac Fairview

168-565: Is anchored by T&T Supermarket and Imagine Cinemas . The mall opened in 1986 and became York Region's fourth indoor shopping mall after Hillcrest Mall in Richmond Hill (completed 1974), Upper Canada Mall in Newmarket (completed 1974) and Markville Shopping Centre (completed 1982). The mall's first tenants included Sears Canada and Eaton's . In February 2016, the mall's owner Cadillac Fairview announced that it had put

192-559: Is wholly owned by the Ontario Teachers' Pension Plan . The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation . Cadillac Development Corporation was founded by partners Ephraim Diamond (d. 2008), Joseph Berman (1922–2003), and Jack Kamin in Toronto in 1953 as a developer of high-rise apartment buildings . Fairview Corporation

216-638: The Pacific Centre and 12 office properties. In September 2017, it announced that it would become a national partner to the Canadian Olympic Committee. In December 2022, Cadillac Fairview purchased a 25% shareholding in Stanhope plc . In July 2018, Cadillac Fairview disclosed that it had been employing facial recognition technology via embedded cameras on their mall directory kiosks, which collected anonymized information of

240-480: The Promenade Terminal. In the summer of 2005, Promenade Terminal was temporarily closed so that renovations could be made. Bus stops were temporarily moved just beyond the station to North Promenade and Centre Street. Reconstruction of the terminal included newly cemented platforms, modern and lit bus shelters, new and brighter lighting, and the installation of a Viva OneRide ticket machine. The project

264-538: The Promenade up for sale. As of April 20, 2017, Promenade Shopping Centre was purchased by Promenade General Partner Inc., a business formed by the Serruya family and Liberty Development Corporation. Centrecorp Management Services Limited, leading property management and real estate services company, has been retained to manage Promenade Shopping Centre. In 2017, the mall had one of the last Sears Canada stores when

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288-504: The company had used 5 million images from such kiosks to generate biometric representations of visitors' faces. It was also found that the biometric data had unknowingly been compiled into a database by a third-party technology provider "for no apparent purpose and with no justification", which "compounded the risk of potential use by unauthorized parties or, in the case of a data breach, by malicious actors". The report concluded that Cadillac Fairview had complied with their recommendations, with

312-711: The company to open shops in Dubai , Oman , Qatar , Bahrain , and Kuwait . In 1999, the company Ranked 1st among all major franchise chains worldwide In 2009, the company won the Frankie Award for top Web Design and Menu Board Design in Canadian franchising The Promenade Shopping Centre Promenade , officially Promenade Shopping Centre or Promenade Mall , is a major shopping centre located in Vaughan , Ontario , Canada. The mall has over 150 tenants, and

336-733: The entire chain went bankrupt, with Sears accounting for 20% of the mall's space. Bobby's Liquidation occupied the Sears location from 2019 to 2020. The mall owners have submitted an extensive redevelopment plan to the City of Vaughan, including a major renovation, the addition of several condominium towers, and a mixed-use office/hotel skyscraper using the existing parking lots. The site is currently in phase one of being re-developed by Liberty Developments. There will be three condo towers called Promenade Park Towers. The first two condos will be located at 1 Promenade Circle, Thornhill, consisting of 748 units in

360-618: The estimated age and gender of customers. The company stated that this information was being used to analyze mall traffic. Following an investigation by CBC News and the announcement of a government probe, Cadillac Fairview suspended the program. On October 29, 2020, the federal privacy commissioner and his counterparts in Alberta and B.C. released a report detailing Cadillac Fairview's use of anonymous video analytics (AVA) to collect personally-identifiable information from mall visitors without meaningful consent. It found that at 12 properties,

384-522: The exception of those "that speculate about hypothetical future uses of similar technology". Cadillac Fairview defended the program, arguing that the cameras' use were covered by a general privacy notice located on entrance signage (which warned that premises were monitored for safety and security reasons, and referred users to a company privacy policy on the company website), that the images themselves were only stored temporarily for analysis before being deleted, and that they could not individually identify

408-444: The firm's main business. The Serruya brothers initially sought expansion overseas rather than compete in the United States, because frozen yogurt dessert shops had already neared market saturation in the United States in the 1980s, and, unlike today, the average consumer was then neither familiar with nor accepting of the taste of yogurt. In early 1995 Yogen Früz franchisees operated 170 outlets in Canada, which comprised 80 percent of

432-481: The frozen yogurt market in Canada. As of 2007, Yogen Früz has over 1,200 stores operating in over 25 countries including the United States , In 2008, the company announced its new store design and branding, which was designed to be applied to small and large outlets in both malls and free-standing stores. On January 14, 2010, Archeology Investments announced a master franchise agreement that grants rights to

456-553: The prefix "CF" in front of each shopping centre name and phasing out individual mall logos in favour of a standardized logo format and image campaign. In January 2017, Cadillac Fairview sold a 50% interest in its Vancouver portfolio to the Ontario Pension Board and the Workplace Safety and Insurance Board . Financial terms were not disclosed, but the deal involved 4 million square feet of leasable space in

480-473: The property, which is leased to York Region for a nominal sum, with the responsibility for public transit now belonging to the Region. The Promenade Terminal has service connecting to Finch and Vaughan Metropolitan Centre subway stations. Unlike some other transit stations colocated with shopping malls, such as Scarborough Centre , there is no direct pedestrian access between the Promenade shopping mall and

504-528: The rights either to open stores directly or sell franchise licenses to others. Master franchisees are granted for periods varying between ten and twenty years, and usually require the franchisee to open a minimum number of outlets each year. Additionally, the firm uses a non-traditional method of expansion involving co-branding, which allowed for the mingling of Yogen Früz products with other known food services by way of "mini-counters" in established stores. As of 2008, master franchise agreements and co-branding remain

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528-536: The two 30 and 35 storeys tower. The mall is located at the intersection of Bathurst Street and Centre Street in the Thornhill district of Vaughan, south of Highway 407 and Highway 7. Promenade Terminal is a York Region Transit (YRT) (which includes Viva bus rapid transit services) terminal adjacent to the mall. It is in a fenced-off parking lot at 1 Promenade Circle, at the intersection of North Promenade and Centre Street. The City of Vaughan currently owns

552-552: Was completed over one month, with the station reopening in August 2005. More recently, a Viva multiRide machine has been added in the terminal to go along with the oneRide machine. Toronto Transit Commission (TTC) bus routes also connect to this terminal. The Viva Orange stop is located just north of the terminal, in the median of Centre Street (along the Highway 7 Rapidway ). Cadillac Fairview The Cadillac Fairview Corporation Limited , branded as Cadillac Fairview ,

576-569: Was established in 1958 as the real estate division of Cemp Investments , the holding company of the Bronfman family . Before merging, Cadillac and Fairview had already had strong ties since 1968. Bronfman-held Cemp Investments sold Cadillac Fairview in 1986. The company was purchased by the Ontario Teachers' Pension Plan in March 2000. In 2006, it expanded its operations to Brazil by buying 46 percent of Multiplan Emprendimentos Imobiliarios SA,

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