Tom’s father, William Mihalik first came to Canada in 1956 after the Hungarian Revolution. Like many immigrants, William had little money — but he did possess a tremendous work ethic. He settled in Kensington Market and opened a small store in 1958 selling second-hand clothing. He was joined by his family, including his 12-year-old son Tom.
Growing up in Kensington Market, Tom was surrounded by neighbours of diverse nations. Young Tom helped out in the store, where he absorbed his father’s business philosophy: Always give the customer a good deal. The business prospered, and when William retired, Tom took charge in 1981. The store moved to new premises on Baldwin Street in the 1980s, with a new name—Tom’s Place.
Toronto is Canada’s economic capital, so Tom decided to specialize in meeting the needs of the business community, offering top quality business suits at outrageous discounts. Tom’s Place began to build a loyal clientele in the nearby financial district and beyond.
Tom’s Place supports many local organizations, including the Children’s Breakfast Club, The Hospital for Sick Children Foundation, St Stephen’s Community Centre, St. Michael’s Hospital Foundation, and numerous minor sports teams. The annual warehouse sales are held at the Miles Nadal JCC, helping to support the many recreation and social programs for downtown residents. Tom was a driving force in the statue erected in tribute to the King of Kensington, Al Waxman, and received the Queen’s Jubilee Award in honour of that initiative and others. He also received the Toronto West Rotary Youth Impact Award.
The tradition continues, with Tom’s son Tom Jr. now taking a hand in the business, with sister Anett Alves. And we’re excited to see what the next generation brings.
The storefront of Tom’s Place has expanded, so it’s now five stores wide, offering 15,000 sq ft of retail selling space and a massive selection of suits. All suits are 100% wool, in every price range.
From a radio listener: