Today's Retail News From Around The Web: October 9, 2014
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Photo: www.olivermcmillan.com
Top Stories - Canada:
-Target’s new CEO makes Canadian turnaround his priority [Globe & Mail]
-Sears stock down again on reports of halted vendor shipments [CBC]
-Canada Cross-Border Shopping Rose 72% From 2006 to 2012 [Bloomberg]
-Jean Coutu sales rise on store additions [Globe & Mail]
-The future of money in Canada is digital [Yahoo Finance]
-Former Shoppers Drug Mart CEO Glenn Murphy to leave Gap next year [National Post]
Canadian News - Region-by-Region:
-Vancouver police seize $200000 in stolen high-end goods [Vancouver Sun]
-Lindt store first to open at Lansdowne Park [CBC Ottawa]
-A beer and wine store in Iqaluit? Northerners debate [CBC]
-City seeks to crackdown on payday loan shops [Calgary Herald]
-Kids clothing store makes a business out of bargains [Vancouver Sun]
-How to spend a day in Kensington Market and Chinatown [Toronto: BlogTo]
Trending Topics:
-Unlike Walmart, Costco Has No Plans To Cut Employee Health Benefits [Huffington Post]
-Cross-border shopping presents economic challenges to the Canadian economy [Retail Council of Canada]
-Costco Aims for a Younger Customer, Sells More Kale [Bloomberg]
-Lululemon planning men's-only store [Fierce Retail]
-Neiman Marcus offers over-the-top Christmas gifts [DMN]
-More guys go grocery shopping [CHCP]
Interesting Articles:
-Reinventing The Department Store [Business of Fashion]
-Ten small businesses doing it right in Canada [Globe & Mail]
-70% of shoppers would leave a work meeting to get limited-time offer [Fierce Retail]
-Gillette looks to capitalize on Apple's #beardgate [Adweek]
-If sampling works, why don't more retailers do it? [RetailWire Discussion]
-62% of shoppers want to chat with brands via mobile [Fierce Retail]