Today's retail news from around the web: August 28, 2014
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Photo: www.sandtoncity.com
Top Stories - Canada:
-Holt Renfrew closing stores in Quebec City and Ottawa to focus on flagship locations [Financial Post]
-Rona shares rise to price offered by Lowe’s two years ago [Financial Post]
-Tim Hortons shares post biggest one-day fall in nearly two years as investors digest Burger King deal [Financial Post]
-Boycott talk taints Burger King, Tim Hortons deal [Yahoo]
-Tim Hortons deal could spark ‘inversion’ frenzy [Toronto Star]
-Finalists named in third annual Canada Post e-Commerce innovation [Digital Journal]
Canadian News: Region-by-Region:
-Vancouver is fast becoming Fat Cat City as luxury purchase opportunities pile up [Vancouver Province]
-Retail tops strata prices in Metro Vancouver [Business In Vancouver]
-Image of downtown Edmonton changing: Downtown Business Association survey [Metro]
-Lukes General Store lands permanent Vancouver location [WE]
-Thieves break through wall at Cambridge, Ontario store, steal electronics [CBC]
-MCC opens furniture store in Portage [Portage Daily Graphic]
Trending Topics:
-Apple loses bid to block U.S. sales of older Samsung phones [CTV]
-Are Things Looking Up For Target? [Forbes]
-RadioShack in talks with shareholder to prevent bankruptcy [Retail Dive]
-Michaels swings to Q2 loss on costs; 21 new stores on tap [Chain Store Age]
-Michaels looks to extend leadership in craft world [Retailing Today]
-E-Commerce Is Finally Beginning To Eat Into The Massive Supermarket Business, Starting With Gourmet And Health Foods [Business Insider]
-Tiffany Q2 profit and sales top estimates; to open 10 stores [Chain Store Age]
Interesting Articles:
-13-year-old Texan girl gets fashion line in Nordstrom stores [CTV]
-Nordstrom's loyalty program drives almost half of sales [Retail Dive]
-See How Much Chanel Bag Prices Have Skyrocketed This Decade [Racked National]
-On Comeback Trail, What Can JCPenney, Best Buy Teach Other Retailers? [Brand Channel]
-Where Are They Now: The Great Suburban Mall Store Demise [Racked National]
-Nordstrom offers seamless Instagram shopping experience [Retailing Today]