Today's retail news from around the web: August 1, 2014
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Photo: www.mohawkconnects.com
Top Stories - Canada:
-Small Expectations For New Walmart Canada Chief (speculation that Walmart may open smaller urban Canadian locations) [Financial Post]
-Why Nordstrom Will Succeed In Canada [Seeking Alpha]
-Canada, Australia Top Choices for Cross-Border Ecommerce [Multi Channel Merchant]
-Costco Christmas Decorations Already on Sale - But is it Too Early? [CBC]
-Target Launches a Price Matching Strategy in Canada [Grocery Business]
-The Cars That Won't Live To See 2015 [W/Video] [Canadian Auto Blog]
Canadian News - Region-by-Region:
-Sobeys Closure Leaves Hole in Downtown Core [Edmonton Journal]
-Montreal Chapters' Closure Could Spur Comeback for Indie Shops [CBC]
-J. Crew Opens at Calgary's Market Mall [J. Crew, via Facebook]
-Restaurants Coming to the Rideau Centre's New Food Court [Ottawa Citizen]
-Is This Why Toronto Has so Many Luxury Stores? Toronto Ranked 15th on Global List of Millionaires [CBC]
-LOFT by Ann Taylor Opens at West Edmonton Mall [Retail Insider]
-Suspect Exposes Buttocks, Throws Cosmetics at Downtown Toronto Sephora (131 Bloor St W) [Toronto Sun]
Trending Topics:
-Target Hires Pepsi Executive Brian Cornell as CEO [Globe & Mail]
-Amazon Readying Payment Card Reader, Square Releases EMV Version [Fierce Retail]
-Big-Box Stores May See Dark Days Ahead [CBS]
-Whole Foods (US) Rolls Out Home Delivery and Customer Loyalty Program [Fierce Retail]
-Adidas Warns on Profit Due to Russia, Weak Golf Business [Globe & Mail]
-Amazon and Sears Top List of Most Price Dynamic Retailers [Fierce Retail]
Interesting Articles:
-Here's When 6 Major Retailers Typically Change Their Prices [Business Insider]
-12 Iconic Stores and Restaurants That Are Rapidly Disappearing [Time]
-Best Buy and Walmart Are Top Targets For Patent Trolls [Fierce Retail]
-Amazon Has a Prime Number Problem [RetailWire Discussion]
-J.Crew Leads in Customer Service [Fierce Retail]