Today's Retail News From Around The Web: December 10, 2014
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Inside Lululemon's newest store concept. Photo: Nicholas Yee.
Top Stories - Canada:
-Canada-US price gap complaints could soon trigger investigations [CBC]
-Hudson’s Bay proving the department store is alive and well [Global]
-Hudson's Bay reports reduced loss on Saks acquisition [CTV]
-How three brothers built one of Canada's largest automobile dealer conglomerates [Globe & Mail]
-Mobile Payments Use Low In Canada [bsminfo.com]
-Business groups urge rethink to Tories’ foreign-worker reforms [Globe & Mail]
Canadian News - Region-by-Region:
-High-end grocers expand and brace for more competition in B.C. [With Comment by Retail Insider's Craig Patterson]
-The Beer Store's Secret Sweetheart Deal With LCBO Revealed [Toronto Star]
-Sudbury, Ontario city council scraps store hours bylaws [CBC]
-Barrie's new Loblaws store opens today [Simcoe.com]
-Local music store going national as it marks anniversary [Ottawa Business Journal]
Trending Topics:
-Can Sears be saved? CEO’s REIT plan faces complications [Financial Post]
-Nike accuses former shoe designers of taking secrets to Adidas [Yahoo]
-Five top U.S. markets for luxury retailers [Chain Store Age]
-Hong Kong Remains World's Most Expensive Retail Market [World Property Journal]
-Abercrombie CEO steps down [Retail Dive]
-Amazon To Let Shoppers Bargain For Lower Prices With New “Make An Offer” Option [TechCrunch]
Interesting Articles:
-How Wall Street Puffed Up Sales of $800 Down Parkas (re: Canada Goose) [Businessweek]
-In China quality, exclusivity outweighs price when purchasing luxury goods: survey [Luxury Daily]
-Black Friday reports misleading, analysts looking at wrong data [Fierce Retail]
-Apple hiring fashion-focused store staff for Apple Watch launch, report says [Mashable]
-Why luxury retailers should watch Whole Foods’ new loyalty rewards pilot [Luxury Daily]
-The Rise And Fall Of Abercrombie & Fitch [Business Insider]