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Marche Movenpick Compiled by Alejandro Marti |
Marche Movenpick is a marketplace-style eatery that
offers its customers fast, freshly prepared food of various types, ranging from Asian to
Italian to American to French cuisine. It is formatted as an indoor, open-air market where
patrons can either stay to eat their food or take it home with them.
Management: In 1996, the Toronto-based Richtree, which went public after it bought the
North American concept rights from Movenpick of Switzerland, decided to set up Marches in
various
parts of the United States. The company has several sites in Toronto that have been doing
very well since 1980. This cutting-
edge, made for you corporate cafeteria is extremely popular in downtown
business districts where there is heavy foot traffic, but it is also attractive for
take-out or home food shopping purposes. The giant Movenpick format is also just one of
three directions where Richtree has taken the Marche concept. There is also the Marche
Take-Me grocery and prepared foods market and Marchelino, which provides a popular
take-out option for those who demand quality even when their time is limited. The
expansion strategy usually involves the addition of these smaller entities once a flagship
Marche is set up in a region.
Location/Expansion: There are currently four Marche Movenpicks worldwide, while the
newest18,000-sq.ft. site (soon to be 36,000 sq.ft.) opened recently in Bostons
Prudential Center. In all of its various forms there are 24 Marches located mostly within
Canada. A site in San Diego is scheduled to be completed by late 1999, followed in early
2000 by a location in New York City. By 2001, there should be eight more in selected
cities throughout the United States. The company is looking for areas where high
visibility and a strong street presence are easy to attain, such as Chicago and Las Vegas.
Parent Company: Richtree Inc.
Contact Information: Colin T. West, VP Finance & Administration/CFO, Richtree Inc.,
111 Richmond St. West, Suite 1500, Toronto, Ontario, Canada M5H 2G4; 416-366-8122, Fax
416-366-1934; homepage: www.marcheusa.com.
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