Today's Retail News From Around The Web: December 11, 2014
/
Photo: City of NYC.
Top Stories - Canada:
-Lululemon Athletica Inc’s shares surge as CEO says yogawear chain has ‘turned an important corner’ [Financial Post]
-Shop at Harper's, where the lowest price is the law [Globe & Mail]
-How Couche-Tard helped Metro's stock take flight [Globe & Mail]
-Food retail prices expected to increase in 2015, but only marginally [Food in Canada]
-McDonald’s making gains in Canadian coffee wars, as U.S. sales decline deepens [Financial Post]
-Hudson's Bay's e-commerce up 73% in quarter [Fierce Retail]
-Quebecers most likely to rein in holiday shopping, surveys suggest [Montreal Gazette]
Canadian News - Region-by-Region:
-Tesla Motors opens its largest North American dealership in Montreal [Montreal Gazette]
-Richmond Ikea returns to normal operations, seeks to hire 60 employees [Business In Vancouver]
-Club Monaco moves to Ste-Catherine St. [Montreal Gazette]
-Restaurant group seeks federal probe of Beer Store deal with LCBO [Toronto Star]
-New shopping, office complex nearing completion in Grand Prairie, Alberta [Alberta Daily Herald Tribune]
-Magwood, the beloved Queen West vintage boutique, is closing for good this month [Toronto Life]
Trending Topics:
-Still looking for Disney’s Frozen Castle and other hot toys? You’re probably out of luck [Financial Post]
-Costco's same-store sales rose 7% last quarter, topping 1% increase at rival retailers Walmart and Target [Bloomberg]
-E-gifting is expected to more than double its growth to $14B by 2017 [Newswire]
-Abercrombie’s Next CEO Needs to Revamp Outdated Brand, Again [Bloomberg]
-Polaroid Fotobar opening two “micro-store” locations in San Jose market [Chain Store Age]
Interesting Articles:
-Ferrari considering leaving Italy to save on taxes, sources say [Toronto Star]
-Consumers prefer Sundays, Amazon for mobile shopping [Fierce Retail]
-Will Neiman Marcus' customers snap, find and shop? [RetailWire Discussion]
-Amazon tests bike delivery services in New York City [Wall Street Journal]
-Controversial CEO leaves Abercrombie & Fitch [RetailWire Discussion]