Today's retail news from around the web: July 17, 2014
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Our article of the day:
Nordstrom hosts charity galas for new Canadian stores: 1st sells out in 48 hours
Top Stories - Canada:
-Target should cut its losses and exit Canada - soon, says Credit Suisse [Financial Post]
-'Say Yes To The Dress Canada': Wedding Gown Reality Show Coming In 2015 (interestingly, it won't be filmed at Kleinfeld Bridal @ HBC) [Huffington Post]
-Shop.ca launches back to school promotions and 10x Aeroplan Miles in 1st purchase [Shop.ca]
-Visa launches a PayPal competitor [Tech Crunch]
-Tesla to sell smaller $35,000 model in 2017 [CBC]
Canadian News - Region-by-Region:
-Giorgio Armani to open 1st Canadian outlet at the Toronto Premium Outlets [Style Democracy, via Retail Insider]
-La Boutique Electronique pulls the plug [Montreal Gazette]
-Provigo unveils bigger and better shopping experience for Pierrefonds-Roxboro residents [The Suburban]
Trending Topics:
-PayPal helps eBay revenue jump 13 per cent [Globe & Mail]
-Dollar Stores Want to Be Grocery Stores, But Cheaper [Business Week]
-Apple to pay $400 million to settle e-book price-fixing case unless company prevails in appeal [Huffington Post]
-Analyst: Walmart Neighborhood Markets losing share in some markets [Supermarket News]
-Sears (US) unveils fashion collection with Seventeen magazine [Retail Dive]
-Neiman Marcus introduces click-and-collect to improve cross-channel experience [Luxury Daily]
Interesting Articles:
-What is J.C. Penney looking for in next CEO? Board member Stephen Sadove gives a clue [Dallas Business Journal]
-Just for You: The promise of retail mass customization is finally here [Retail Dive]
-Nordstrom ads feature models with disabilities [Fox News]
-How to market to millennials [Toronto Star]