CANADIAN RETAIL NEWS: Thursday, May 29, 2014 (Updated Continuously)
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Profiled Article: Mall parking lots to be paved with solar panels?
This page is updated throughout the day
Top Retail Stories: Canada
DavidsTea specialty chain turns to coffee veteran for top job [Financial Post]
- Target’s latest Canadian shakeup good news for landlords [Colliers]
- Look out Lululemon, this exploding Australian fitness brand aims to eat your lunch [Financial Post]
- Sears Canada slashes credit facility to save on borrowing costs [Financial Post]
- Canada's grocers embrace the magic of mushrooms [Globe & Mail] Supermarkets are trying to lure shoppers with pricier exotic varieties...
- Sticker shock at the meat counter[Toronto Star]
- Countdown is on for Target's newest collaboration [Montreal Gazette] Target to partner with Altuzarra
- Indigo Books Earnings Paint A Picture Of Long-Term Decline [Huffington Post]
Canadian Retail News: City-by-City
- Les Promenades St-Bruno unveils $49M renovation plans [Newswire]
- WATCH: Collapse of Sears Home Services leaves local contractor out $364,000 [Global News, Vancouver]
- Eyewear maker Luxottica closes Winnipeg plant; 200 jobs reported lost [Winnipeg Free Press]
- Stealth Shopper checks out LAB consignment store [Toronto Star]
Trending Retail Topics
- Michael Kors Plans Major Retail Expansion [Fashion Times]
- Abercrombie & Fitch seeks to regain its cool with young shoppers [Market Watch]
- Apple to buy Beats Electronics for $3-billion [Globe & Mail]
- Joe Fresh sets sights on overseas market with first store in South Korea [Globe & Mail]
- Target To Test Same-Day Delivery In Three Select Markets [Integrated Solutions For Retailers]
- Starbucks Has Failed In Australia [Business Insider]
- Michael Kors Profit And Revenue Jump More Than 50%, Easily Topping Estimates [Forbes]
- Wal-Mart CEO Made $9.56 Million Last Year, But He Says He's An 'Associate' Just Like 30,000 Minimum-Wage Employees [Business Insider]
Retail/Technology/Design
The art – and science – of creating a brand name [Globe & Mail]
- iPad under threat from larger phones: report [Toronto Star]
- BlackBerry's Chen says he’ll ‘save the patient’ [Globe & Mail]
- Why retailers need to pay attention to the smell of their stores [Concordia]
- Microsoft's Retail Stores May Hold The Key To Its Future Success [Forbes]
- Inside Canadian Tire’s experimental new showroom [Strategy]
DAILY FEATURE: Mall Parking Lots To Be Paved With Solar Panels?
A potentially revolutionary invention could see mall parking lots, as well as streets and other ground surfaces, paved with solar panels. It sounds outlandish but it's already being funded and tested, and its inventors are seeking funding to make it a reality. Interestingly, the technology would also allow for parking surfaces to be modified with ease, as LED-illuminated roadway lighting would replace painted asphalt. Its inventors say that the technology will pay for itself, not to mention be beneficial to the environment.
Solar parking lots (and streets) could do the following:
- allow malls to create handicapped and other targeted parking zones, based on needs at the moment,
- improve road safety by changing traffic patterns in real time when needed, essentially eliminating the need for painted roadways
- (Click here to continue reading)
FEATURED ARTICLE: UPDATE: Roots To Expand And Renovate Its Vancouver Flagship
To the left is an updated rendering of Roots' expanded and renovated Downtown Vancouver flagship store. Its exterior will be transformed, becoming more modern and attractive. In February, we interviewed Roots Canada co-founder Michael Budman, about his company's proposed renovation and expansion to Root's Vancouver flagship. Roots recently re-signed a long-term lease for the Vancouver retail space as part of its renovation and expansion plans...
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