Today's retail news from around the web: July 31, 2014
/
Photo: cei.com
Top Stories - Canada:
-Rebalancing Is Underway At Chapters Indigo [Sales Is Not Simple]
-Large Digital Buyer Gap Remains Between US and Canada [eMarketer]
-Target's Woes Won't End Even If It Dumps Canada Operations [The Street]
-Birks Group Records $6M Loss, Plans Corporate Consolidation [Diamonds.net]
-Addison Hall Death: Are Mall Parking Lots Too Dangerous? [Huffington Post]
Canadian News: Region-by-Region:
-Lululemon Founder Chip Wilson Tries Again With New Shop in Gastown (with comment from Retail Insider's Craig Paterson) [Vancouver Province]
-Vancouver's Naked Brand Underwear Relocating to New York City [Business in Vancouver]
-H&M Opening in Winnipeg's Polo Park on Sept. 10 [Winnipeg Free Press]
-Ikea Illegally Negotiated With Workers, Must Pay Fine Damages to Union, Says Labour Relations Board (Richmond BC location) [Business In Vancouver]
-Massimo Dutti Looks to Open Stores in Vancouver [Vancity Buzz by Retail Insider]
Trending Topics:
-Goldman Sachs Predicts The Slow Decline Of Wal-Mart And Target [Business Insider]
-Nordstrom Buying a Website for Men’s Wear [New York Times]
-Whole Foods Tumbles After Sales Miss [Business Insider]
-Etsy to Adopt Brick-and-Mortar Business Model [Fierce Retail]
-Luxury Stocks Lose Luster After LVMH Disappointment [Yahoo]
-Walmart Buys Social Shopping App Luvocracy [Fierce Retail]
-BaubleBar Raises $10 million, Expands Nordstrom Partnership [Fierce Retail]
Interesting Articles:
-Fashion Price Inflation is Unsustainable [Business of Fashion]
-Made For You: Prada's Customised Shoes And The Rise of Personalised Fashion [The Guardian]
-4 in 10 retailers don't use data to improve business [Fierce Retail]
-American Retail Is Losing Its Mind Over Chinese Consumers [Business Insider]
-The Truth About Bitcoin and its Impact on Business [Globe & Mail]