CANADIAN RETAIL NEWS: Wednesday, June 18, 2014 (Updated Continuously)
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Photo: http://www.universalprojekt.de
Our article of the day:
Sporting Life To Open Stores Across Canada
Saks Fifth Avenue/HBC in Canada
- Saks Fifth Avenue plans to up luxury factor in Canada [Globe & Mail] Canada's Saks stores will be different than in the US - more luxury + food halls.
- Saks Fifth Avenue in Canada will be different [Toronto Star]
- Hudson’s Bay Co chief Richard Baker hints at more leaseback deals [Financial Post]
CANADIAN NEWS
- Canadian Income Inequality Likely Much Worse Than Advertised: Study [Huffington Post] Some Canadians are richer than we thought - Saks and Nordstrom might do very well here...
- Man launches new twist on the 'personal shopper' idea (buying 'embarrassing' products for those uncomfortable doing it themselves) [Edmonton Journal]
- Profit and purpose blooms in Vancouver’s Downtown Eastside ('social hiring' in Canada's poorest neighbourhood) [Financial Post]
- Lululemon sets their sights on men with a new stylized editorial [Style Democracy]
- Metro Inc buys majority ownership stake in Quebec bakery firm Première Moisson [Financial Post] *
Canadian News: Region-by-Region
- Will 7 Canadian Saks Fifth Avenue Stores Include Winnipeg? (Retail Insider thinks probably not) [680 CJOB]
- Giant Tiger Stores Limited Announces New Store in Blenheim, ON [Market Wired]
- CTV Grocery Price Comparison for June [CTV Calgary]
- Edmonton is Canada’s most tax-competitive city for business: study [Edmonton Journal]
- Vancouver has the world's second most competitive taxes for business: KPMG (with infographic) [Business In Vancouver]
Trending Retail Topics
BREAKING: Amazon reveals Fire smartphone [Globe & Mail] http://www.
The Gap Inc upgraded as initiatives expected to pay off [Financial Post]
- Wal-Mart's tech lab buys shopping app Stylr as it pushes innovation in mobile [Winnipeg Free Press]
- Five major U.S. retailers agree to list unit prices online [Globe & Mail]
- Apple reaches settlement on damages owed in antitrust case on fixing prices of digital books [Huffington Post]
- Dr. Oz effect: Celebrity doctor scolded for pushing 'miracle' weight loss aids [CTV]
- Amazon's rumoured smartphone faces tough marketplace [Toronto Star]
- In the Future Will Shopping Be a Thing of the Past? [Huffington Post]
- Alibaba and China's Shipping Problem [Businessweek]
Interesting Articles
- Fewer than 2% of retail CEOs are women: FMI Connect speaker [Supermarket News]
- It would cost $343,368 to buy every product featured in the latest issue of Vogue [QUARTZ]
- Here Are The Staggering Odds Of Getting A Job At Starbucks (spoiler: it's 1% of applicants) [Business Insider]
- Coca-Cola's Latest Product Addresses The Biggest Criticism Of The Brand [Business Insider]
- How To Make Your Ikea Furniture Look Like It Doesn't Come From Ikea [Business Insider]