Today's retail news from around the web: August 25, 2014
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Photo: West Edmonton Mall
Top Stories - Canada:
-Why Target will pull out all the stops to save face in Canada (it has a ways to go, from what we've recently experienced) [Financial Post]
-Canada retail sales leap to new record as inflation cools [Financial Post]
-Would you buy fresh groceries at Shoppers Drug Mart? (we think it would work, as with Walgreens in the US) [Toronto Star]
-Dollar stores in battle to double down on the poor [Reuters Canada]
-Burger King is in talks to buy Tim Hortons (not exactly retail, but definitely interesting) [Financial Post]
Canadian News - Region-by-Region:
-A century of business ends at Sears distribution centre in Regina [Regina Leader Post]
-Sears Canada opening new distribution facility in Foothills, creating 200 jobs [Calgary Herald]
-Why Erin Mills Town Centre Got A Makeover [Bisnow Toronto]
-Lululemon opens flagship store in downtown Vancouver [Business In Vancouver]
-Prices rising faster in Calgary than in rest of country [Calgary Herald]
-Alberta retail sales reach record level [Calgary Herald]
-Big Rock founder Ed McNally, heart of the ‘Eddies’, dies at 89 [Edmonton Journal]
Trending Topics:
-Duane Reade stores will be co-branded with Walgreens [NY Post]
-More Than 1,000 Businesses Hit by Same Cyber Attack as Target [Mashable]
-Retailers beware: Homeland Security says cash registers susceptible to data theft [CBC]
-4 Reasons Sears is Headed Straight for Death [Business Insider]
-Here Come the Robots in Retail [Huffington Post]
Interesting Articles:
-Jell-O has lost its jiggle and nobody knows how to fix it [Financial Post]
-When Sears Was a Retail Star, Not Losing $1B in Six Months [ABC]
-Top Innovations that Changed the World of Retail [RIS News]
-5 Things Dollar Tree Inc.'s Management Wants You to Know [NASDAQ]
-How Hermès Built Its Billion-Dollar Fortune [Racked]
-Gap to enter Indian market; first stores to come in Delhi, Mumbai [Economic Times]