logo
Beloved children's bookstore in Toronto forced to move due to proposed condo development, owner says

Beloved children's bookstore in Toronto forced to move due to proposed condo development, owner says

CTV News28-04-2025
Children's bookstore Mabel's Fables, currently located at 662 Mount Pleasant Road, is set to close by almost the end of August. (Courtesy of Eleanor LeFave)
An independent children's bookstore, which has called one street corner of Toronto's Mount Pleasant neighbourhood home for more than three decades, is turning the page to a new chapter as it is forced to set up shop elsewhere to make way for a new condo building.
Mabel's Fables, which has remained at 662 Mount Pleasant Road since September 1988, must move out by Aug. 23, as the store owner says their landlord informed them that the building is set to be demolished within the next couple of years for a new condo development.
'I've pretty much known for probably six or seven years since the building was sold,' Eleanor LeFave, the owner of Mabel's Fables, told CTV News Toronto. 'Since then, the developer has been purchasing all of the properties to the north of us with the intention of building. So, I certainly knew that the day would come at some point.'
According to LeFave, one of her landlords had offered to find the bookstore a temporary location for them as construction started. But, she says construction would last for at least a couple of years and that could cause a 'massive disruption' for Mabel's Fables customers.
So, LeFave hit the books and took matters into her own hands.
'I just said, 'We have to be proactive and find a new home for Mabel's Fables,' and we were very lucky. We found a place on the (same) street,' LeFave said.
The site for the store's new home is precisely 422 steps south, located at 540 Mount Pleasant Road.
LeFave says it was 'pure luck' that they happened to find a spot just down the street, but the store owner said the opportunities on Yonge Street were too expensive.
'Mount Pleasant has this really nice, independent main street vibe with interesting shops, and I think we're an anchor, kind of, on Mount Pleasant,' LeFave said.
Though they were quick to find a new store, LeFave says there are a lot of additional moving expenses that they are struggling to independently afford.
After the financial setbacks incurred from the COVID-19 pandemic and the slowing of general foot traffic with the Eglinton Crosstown LRT construction, LeFave says they have had their challenges.
'We have to do the GoFundMe because we don't have a whole lot of money right now,' LeFave said, after going through those setbacks.
She says the goal is to raise enough money to cover expenses like new flooring, electrical work, building a story room to host their baby classes and store events, as well as custom bookshelves that fit the character of Mabel's Fables.
'All the bookshelves that we have here—that kind of oddball, kind of fantasy bookshelves—they wouldn't move very well. They'll probably disintegrate, but we need to have all the bookshelves built and painted and stained,' LeFave said.
The store has nearly reached a quarter of its $150,000 fundraising goal. LeFave says they are planning to be closed for about a week to 10 days near the end of August to move into their new home.
'I just feel relieved that we've been able to move on the same street,' LeFave said. 'I expect that everything will be a little exciting for a while, while everybody comes to see the new spot. We'll just carry on and we'll be looking after families for another generation or two.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Beko Scales Up Climate Action with Green Electricity and Refurbishment
Beko Scales Up Climate Action with Green Electricity and Refurbishment

Cision Canada

time5 hours ago

  • Cision Canada

Beko Scales Up Climate Action with Green Electricity and Refurbishment

Commitment to be a net zero company by 2050 with ambitious 2030 targets including using 100% green electricity in all manufacturing facilities 114,468 products refurbished in 2024 61.9% of turnover from energy-efficient products; 71.5% from low-carbon products ISTANBUL, July 28, 2025 /CNW/ -- Beko, a leader in home appliances, launched its 2024 Integrated Report, themed around scientist Carl Sagan's profound depiction of Earth as the "pale blue dot." The metaphor underscores our planet's fragility and our collective duty to "preserve and cherish the only home we've ever known." In a world in flux—at a time when sustainability is losing priority in boardrooms—Beko remains steadfast. Its purpose is clear: to inspire sustainable living in every home. This purpose is backed by concrete actions, including a pathway to 100% green electricity by 2030 and a global refurbishment network that extended the life of over 114,000 appliances in 2024. As a recognized sustainability leader, earning the highest score in its industry in the S&P Global Corporate Sustainability Assessment for the sixth consecutive year[i], Beko remains resolved in its commitment to both people and planet. The company was recently ranked 17 th among the world's most sustainable companies by TIME Magazine and Statista, topping in its industry and appearing on the list for the second time. These achievements highlight Beko's robust climate strategy, alongside its continued progress in ESG transparency, product efficiency, supply chain responsibility, and social inclusion. The first of its kind from Beko, the integrated report aligns with the International Integrated Reporting Framework (IIRC), Global Reporting Initiative (GRI), Türkiye Sustainability Reporting Standards (TSRS), and Corporate Sustainability Reporting Directive (CSRD). It includes a double materiality assessment, evaluating both how sustainability issues affect Beko's business and how Beko's operations impact society and the environment, combining stakeholders' perspectives with internal analyses to drive tangible actions. This approach reflects the company's long-term strategy—affirming that sustainability is not solely a business priority but a shared global imperative. Hakan Bulgurlu, CEO of Beko, said: "Securing a net-zero future requires absolute focus and concrete action. We are committed to 100% green electricity in manufacturing by 2030 and have dramatically scaled our refurbishment programme. But that's only part of the story. We're continuously working to improve water and waste management, drive down emissions across our supply chain, and design products that do more with less. I'm very grateful for our teams and partners who champion these responsible practices, helping us build a greener, more circular economy. This report showcases how Beko embeds sustainability into every decision, from product design to operations and corporate governance, as we work to protect our 'pale blue dot'." Celebrating 70 years of innovation, Beko continues to lead with purpose and consistency, keeping sustainability at its core: Beko is on a path to Net Zero by 2050, with bold interim targets including using 100% green electricity in all manufacturing facilities by 2030. The company's climate strategy addresses Scope 3 emissions—which account for 99% of its total footprint, with approximately 80% arising during product use phase. Beko has rapidly scaled up its renewable energy investments, reaching a total installed capacity of 90.2 MWp—an almost 30-fold increase in just four years. Beko's circular economy strategy is driving transformation across design, production, and end-of-life product use. Refurbishment is a core enabler of its product lifecycle model. In 2024, the company's global refurbishment network extended the life of 114,468 appliances. These efforts help customers reduce carbon footprints while extending product utility and reducing e-waste. Beko has embedded sustainability into its leadership DNA by linking executive compensation indirectly to environmental performance. Targets for reducing Scope 1, 2, and 3 emissions, along with supply chain sustainability integration, are included in the scorecards of key C-suite leaders. As a member of and signatory to multiple global initiatives, Beko demonstrates its commitment to collaborative climate action. The integrated report is a call to action for stakeholders to unite in preserving Earth's sustainability. For a comprehensive view of Beko's initiatives, visit ABOUT BEKO Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of over 50,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.6 billion Euros in 2024. Beko's 29 R&D and Design Centers & Offices across the globe are home to over 2,300 researchers and hold more than 3,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the sixth consecutive year (based on the results dated 18 February 2025) and has been included in the Dow Jones Sustainability Indices for the eighth consecutive year.** The company has been recognized as the 17 th most sustainable company on TIME Magazine and Statista's 2025 list of the World's Most Sustainable Companies. Beko's vision is 'Respecting the World, Respected Worldwide.' [i] 87/100 (as of 18 Feb 2025)

3 Vanguard ETFs That Can Turn $500 per Month Into Over $1 Million
3 Vanguard ETFs That Can Turn $500 per Month Into Over $1 Million

Globe and Mail

timea day ago

  • Globe and Mail

3 Vanguard ETFs That Can Turn $500 per Month Into Over $1 Million

Key Points These three Vanguard ETFs have delivered exceptional returns since inception. Investing $500 per month while obtaining those historical returns would grow to $1 million in 24 years or less. However, there's no guarantee that these ETFs will generate such lofty returns over the next several decades. 10 stocks we like better than Vanguard S&P 500 ETF › What's the most important secret to becoming a successful chef? Knowing the right ingredients to use. I think this is also the secret to becoming a successful investor. The primary ingredients of investing are capital, time, and solid investment assets. How much money you can make depends on how much money you have to invest, how much time you have, and which assets you invest in. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Exchange-traded funds (ETFs) rank among the best investment assets for long-term investors. And Vanguard offers some of the most attractive ETFs around. Here are three Vanguard ETFs that can turn $500 per month into over $1 million. 1. Vanguard S&P 500 ETF I think the easiest choice to amass a $1 million fortune is the Vanguard S&P 500 ETF (NYSEMKT: VOO). As its name indicates, this ETF aims to track the performance of the S&P 500 (SNPINDEX: ^GSPC), which includes the 500 largest U.S. companies. Over the long run, the S&P 500 has delivered an average annual total return (with dividends reinvested) of around 10%. If you invested $500 per month and achieved that return, you'd have nearly $1.09 million at the end of 30 years. At the end of 40 years, your portfolio would be worth more than $2.9 million. These amounts, by the way, assume that you invest in a tax-advantaged account, such as an individual retirement account (IRA), and don't pull any money out along the way. Granted, the Vanguard S&P 500 ETF hasn't been around for 30 or 40 years. Vanguard launched the fund in September 2010. Since its inception, the ETF has delivered an average annual total return of 13.6%. If you were able to make this higher return, your $500 per month would grow to over $1 million in only 24 years. After 30 years, you'd amass a fortune of over $2.2 million. There's no guarantee that the Vanguard S&P 500 ETF will generate an average return of 13.6% -- or even 10%. However, those returns are certainly possible. One of the advantages of the S&P 500 is that it regularly replaces laggards with rising stars. It's also weighted by market cap, which means the stocks that grow the most affect the index's performance the most. 2. Vanguard S&P 500 Growth ETF If the S&P 500 can achieve 10% returns over the long term, it stands to reason that the fastest-growing stocks in the index could deliver even greater returns. That's the premise behind the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG). This Vanguard ETF focuses only on growth stocks in the S&P 500. It currently owns 212 stocks, instead of the 505 stocks in the Vanguard S&P 500 ETF (this number is greater than 500 because some companies have multiple classes of shares). Since its inception in September 2010, the Vanguard S&P 500 Growth ETF has generated an average annual return of 16.4%. If you were able to obtain this return and invested $500 per month, your money would grow to a little over $4 million in 30 years. You'd have $1 million within 22 years. Can the Vanguard S&P 500 Growth ETF continue to deliver such a lofty return over the next several decades? Probably not. However, I think this fund could nonetheless turn $500 per month into over $1 million for those who begin investing at an early age. 3. Vanguard Russell 1000 Growth ETF Let's expand our horizons somewhat. What if, instead of limiting ourselves to the growth stocks in the S&P 500, we invested in growth stocks in an index that held more stocks? The Vanguard Russell 1000 Growth ETF (NASDAQ: VONG) could be just the ticket. This ETF attempts to track the performance of growth stocks in the Russell 1000 index. Whereas the S&P 500 owns shares of the 500 largest U.S. companies, the Russell 1000 owns shares of the largest 1,000 companies. The Vanguard Russell 1000 Growth ETF's portfolio currently includes 387 stocks. Like the other two ETFs on our list, this Vanguard ETF began trading in September 2010. Since its inception, the fund has generated an average annual return of 16.9%. That makes it the best-performing ETF in the Vanguard family. How long would it take to make $1 million investing $500 per month at that return? Less than 21 years. If you kept socking away money for 30 years, you'd have nearly $4.5 million. Again, there's no way to know for sure whether the Vanguard Russell 1000 Growth ETF will provide such a sky-high return over the long term. I wouldn't count on it. But this Vanguard ETF could still provide a great vehicle for investors to make $1 million or more for retirement. Should you invest $1,000 in Vanguard S&P 500 ETF right now? Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vanguard S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025

Redefining Omotenashi: How MOTENAS JAPAN is Shaping Japan's Luxury Tourism
Redefining Omotenashi: How MOTENAS JAPAN is Shaping Japan's Luxury Tourism

Japan Forward

timea day ago

  • Japan Forward

Redefining Omotenashi: How MOTENAS JAPAN is Shaping Japan's Luxury Tourism

More than a simple gesture of politeness, omotenashi embodies Japan's enduring tradition of selfless hospitality, one that often leaves a lasting impression on visitors from around the world. Amid a sharp rise in inbound tourism, this spirit of omotenashi is being reimagined to resonate with a new generation of Japanophiles. And among those driving this transformation is Hitoshi Aoki, founder and CEO of MOTENAS JAPAN, a startup launched in 2019. In an interview with JAPAN Forward, Aoki reflected on his entrepreneurial journey, the evolving landscape of Japanese tourism, and how his company is adapting to these changes. Excerpts from the interview follow. Inbound tourism only began to recover around 2023 following the COVID-19 pandemic. In recent years, Japan has shifted its tourism strategy from attracting 60 million annual visitors by 2030 to focusing instead on enhancing travel experiences and generating ¥15 trillion JPY ($99 billion USD) in tourism revenue. Terrace with a panoramic view of the Northern Alps at Hakuba Iwatake Mountain Resort in Hakuba, Nagano Prefecture. (Courtesy of Hakuba Iwatake Mountain Resort) The spotlight is also moving beyond the well-trodden "golden route" of Tokyo, Kyoto, Osaka, and Mt. Fuji toward regional treasures. For example, Hakuba, Niseko, and hiking routes like the Shimanami Kaido are being positioned as hubs for luxury and sustainable tourism. Still, Japan faces a delicate balancing act of scaling its tourism economy without diluting the authenticity and charm that make these destinations unique. I began my career at Reuters' Tokyo headquarters shortly after graduating from college, during Japan's bubble economy. Eager to work in an international environment, I joined the company as a systems engineer. Soon after, I was stationed in Singapore as an expatriate, working in the heart of Asia's financial district. That experience proved pivotal. It provided me with a firsthand understanding of what affluent international travelers seek when visiting foreign countries. Kaminarimon Street in Asakusa is bustling with tourists — June 27 afternoon, Taito Ward, Tokyo. (©Sankei by Rei Yamamoto) After returning to Japan, I joined Hitachi, where I was responsible for developing next-generation business initiatives. However, I soon found myself constrained by a rigid corporate culture that left little room for individual creativity. If I wanted to build something meaningful, I knew I had to venture out on my own before it was too late. From the outset, my goal was to build a business centered on inbound tourism. I first tried a B2C model, renting out rooms to travelers. Although it saw some success, the work felt unfulfilling. I also launched a sushi-making experience for tourists in Tsukiji, which proved popular but wasn't financially viable. That's when I realized I had to shift my focus to B2B and think on a larger scale. At MOTENAS JAPAN, we offer premium services tailored to major corporations and organizations that seek experiences beyond typical group tours. Our goal is to provide authentic encounters with traditional Japanese culture and hospitality that are not available through conventional tourism. Scene from Imoseyama Onna Teikin. Minami-za Theatre, Kyoto City (© Shochiku) In Kyoto's Gion district, for instance, we offer private tea ceremonies where guests don full kimonos, creating a serene and authentic introduction to Japanese hospitality. At Kabuki-za in Ginza, our guests experience live kabuki performances accompanied by English commentary, enhancing their appreciation. Across Japan, we curate over 100 unique experiences, ranging from rare sake and whiskey tastings to private gatherings at breweries, along with personalized karate and judo lessons. Traditionally, Japanese cultural events such as kabuki, sumo, and shibai have been confined to large theaters or designated venues. While these settings hold great value, they can sometimes feel distant. We specialize in crafting exclusive and immersive experiences. Take kabuki, for example. Even many Japanese find its storylines and symbolism difficult to grasp. To bridge this gap, we invite professional kabuki actors to lead private sessions where they engage directly with our guests, explain their art, and demonstrate the intricate makeup and costume process up close. Abi (right) defeats yokozuna Hoshoryu on the first day of the Spring Basho in Osaka on March 9, 2025. (©KYODO) During the 2019 Rugby World Cup, we hosted a unique event where sumo wrestlers playfully competed against international rugby players and our clients. Later that evening, those same wrestlers joined the guests on the dance floor for a lively disco party. Another example was a request from a major foreign corporation for a Bushido-themed tour. We secured exclusive access to Kuon-ji Temple and invited expert instructors to lead hands-on experiences in samurai swordsmanship, ninja skills, geisha traditions, taiko drumming, and even ascetic training. It's personal, educational, and genuinely memorable. During the COVID-19 pandemic, our inbound tourism business was severely impacted by travel restrictions and a sharp decline in tourists. Anticipating a prolonged downturn, we decided to pivot and launch an outbound venture. We currently operate two Douyin accounts, TikTok's counterpart in China. One promotes popular destinations, restaurants, and businesses in Japan that cater to foreigners, while the other integrates an e-commerce system. A sushi chef displays a fillet from a 276-kilogram bluefin tuna sold for 207 million yen (about 1.3 million USD), jointly purchased by sushi chain Onodera Group and wholesaler Yamayuki, at an Onodera restaurant following Tokyo's first tuna auction of 2025, January 5. (©REUTERS/Issei Kato) With China's e-commerce market more than ten times the size of Japan's, we provide end-to-end solutions to help clients tap into this vast opportunity, from market research to advertisement and cross-border e-commerce execution. Looking ahead, we plan to expand our presence to other countries, with Asia as our primary focus. There is no shortage of things to admire about Japan. It has a distinctive sense of beauty, rich traditional culture, stunning natural landscapes, deeply rooted social values, safety, cleanliness, and renowned omotenashi. But some of Japan's finest qualities have been rediscovered thanks to overseas engagement. Take Hakuba and Niseko, for example. Both have grown into popular destinations largely due to foreign investment, contributing to the revival of regional tourism. Developing these untapped regional gems is also a personal vision of mine. Author: Kenji Yoshida

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store