Today's retail news from around the web: June 3, 2014
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Photo: Luminova
Our articles of the day:
Canada Faces Increased International Competition For Retail Expansion Dollars: Report
Nordstrom Currently Hiring 400 Staff For Its Calgary Store
The Price Gap Is Real Between Canada And The US [Via Retail Assembly]
This Page Is Updated Throughout The Day
Top Retail Stories: Canada
Hudson’s Bay Company swings back into profit as sales double [Financial Post]
Retailers planning to reduce prices: report [Toronto Star] Canada no longer a ‘retail darling’ and must compete with growing Asian markets
Big-name retailers don’t want to come to Canada anymore [Global]
The Price Gap Is Real Between Canada And The US [Retail Assembly, via Retail Insider]
Target launch leaves retailers wary of coming to Canada [CBC News]
Coloured diamonds poised to appreciate significantly as supply dries up, says gem broker [Business in Vancouver]
Montreal-based clothing firm Lolë ‘Ready to explode’ [Montreal Gazette]
Canadian Retail News: Region-by-Region
Vancouver makes small inroads as Canada falls out of favour with global retailers [Business in Vancouver]
Market Street (Toronto) looks back – and to the future [Globe & Mail]
Nordstrom Currently Hiring 400 Staff For Its Calgary Store [Retail Insider]
Nelson (BC) main street getting $25-million facelift [Vancouver Sun]
Port Coquitlam music store to close after 43 years [CBC News]
HUGE impact for local retailers: Chinese firm pumping $3-billion into Nova Scotia tourism [Financial Post]
Tweed & Hickory closing in Timmins [Timmins Press]
Trending Retail Topics
VIDEO: The secret to how stores determine sale prices [Yahoo Canada Finance]
Almost Everything You Buy At The Grocery Store Is Made By One Of These 6 Companies [Business Insider]
80% of affluent consumers prefer to research online [Mobile Commerce Daily]
- Redefining African Luxury in Lagos, Nigeria [Wall Street Journal] Businesswoman Reni Folawiyo wants to redefine African luxury for Nigerians—and for the rest of the world
Retail/Technology/Future
Tell us how you really feel: Vancouver company gets immediate customer feedback via text message [Vancouver Sun]
9 Ways Retail Will Radically Change In The Near Future [Business Insider]
Will Apple’s latest innovations blow you away? [Toronto Star]
Samsung Z smartphone will have Tizen OS instead of Android [CBC]