Today's retail news from around the web: June 25, 2014
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Our articles of the day:
1) Juicy Couture To Re-Enter Canada, After Closing Canadian Stores
New Juicy Couture stores will open in Canada in 2015, after the recent closure of all of the brand's stores. The new Juicy locations will be opened by its new parent company, while its previous stores operated under the brand's former owner. Canada's new Juicy Couture stores will be somewhat different than its previous locations, carrying a wider variety of products and some new product categories...
2) Retail Industry Job Seekers Have Gone Mobile
Top Stories: Canada
-Wal-Mart Looks To Revamp Its Canada Grocery Business With Increased Investment And A New CEO. [Trefis]
-Canadian retail moguls under fire: The colourful Dov Charney vs. Chip Wilson. Profile of two colourful business leaders. [Globe & Mail]
-Struggling Mobilicity asks to extend creditor protection, after Telus takeover falls through. [Globe & Mail]
-Hudson's Bay continues to experience backlash after it sells a t-shirt saying "Nothing Tastes As Good As Skinny Feels." [Huffington Post]
-An article profiling Canadian-owned online eCommerce site, Shopify. [Globe & Mail]
Canadian News: Region-by-Region
-Cabela's sports store gets ready to open new Barrie, Ontario store. [Simcoe.com]
-Edmonton's Bissell Centre thrift store is collecting donations after a devastating fire. [CBC]
-Head of Windsor (Ontario) BIA is encouraging street closures - no doubt effecting retail. [Windsor Star]
-Schneiders' Kitchener meat plant closing could result in the loss of 500 jobs. [CBC]
-Sobeys to launch Air Miles reward program at additional Western Canadian locations. [Newswire]
*Top photo: Callison Architecture
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Trending Topics
-New Yoplait business strategy includes sweetener change. [CTV]
-U.S. economy shrinks 2.9% in first quarter, biggest setback since 2009. [Globe & Mail]
-Avon to cut 600 North American jobs. [CBC]
-Microsoft stores continue to open in the US (and Canada), competing with Apple Stores. [Redmond Magazine]
-Target shares continue downward trend after ousting its CEO. [Market Watch]
-Coach takes after JC Penney by reducing discounts. [CNBC]
-More fast-fashion problems, as Primark garment with 'forced to work exhausting hours' stitched in label is discovered. [NY Times]
Interesting Articles
-The beauty industry is struggling - lower sales, employee layoffs. [Globe & Mail]
-Americans say that social media has little sway on their purchases. [Gallup]
-Whole Foods to pay out $800K for overcharging California shoppers. [CBC]
-The barcode turns 40 this year. [Globe & Mail]