Today's retail news from around the web: August 29, 2014
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Holt Renfrew, Toronto. Photo: www.lambertandassociatesgroup.com
Our Article of the Day:
Analysis: Holt Renfrew to Close its Smaller Stores Amid Increased Competition
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Top Stories - Canada:
-SNEAK PEEK: Inside Canada’s first Nordstrom store [Global]
-Luxury retailer Holt Renfrew to close Ottawa and Quebec City stores (with comment from Retail Insider's Craig Patterson) [Globe & Mail]
-Couple wants 'offensive' Canadian flag bath towels banned [Canoe.ca]
-Two sides to the e-cigarette debate [Global]
Canadian News - Region-by-Region:
-Nordstrom prepares for Calgary opening [Calgary Herald]
-Muji to open a Vancouver store [Vancity Buzz, by Retail Insider]
-Shoppers Drug Mark opens 4th enhanced beautyBOUTIQUE in Calgary [Newswire]
-High-end retailers look to capitalize on the spending habits of Calgarians [CTV]
-Holt’s fate in Ottawa may have been sealed by lack of prime retail space, Nordstrom [Financial Post]
-Holt Renfrew leaving Ottawa after 78 years [Ottawa Citizen]
-Downtown visionary sought [Winnipeg Free Press]
Trending Topics:
-Guess Jeans Will Close 50 North American Stores This Year [Racked]
-Claire's reveals new plan to right sluggish sales [Chicago Tribune]
-Dollar General reaffirms commitment to Family Dollar [Retailing Today]
-Apple expected to unveil iPhone with bigger screen, possible smartwatch at Sept. 9 event [Gazette]
-Abercrombie Shares Are Tanking After Ugly Earnings Report [Business Insider]
-Guess Q2 earnings fall 50%, but online sales rise nearly 50% [Chain Store Age]
Interesting Articles:
-A Mall With Two Minimum Wages [NPR]
-Abercrombie & Fitch Is Done With Logos [Business Insider]
-Sneakernomics: What Physical Stores Can Learn From Ecommerce [Forbes]
-Here's The Epic Story Of How Workers Took Control Of A Grocery Chain And Got The CEO They Wanted [Business Insider]
-Is less bad good enough for teen retailers? [CNBC]
-David Fincher's Gap Ads Are Black and White and Enigmatic All Over [Mashable]