Today's retail news from around the web: August 5, 2014
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Photo: www.cpp-luxury.com
Top Stories - Canada:
-Sycamore Partners May Buy Sears Canada [New York Post]
-As Walmart Canada Declares ‘War’ in Online Retail, Free Shipping May Soon Become the New Normal (with comment by Retail Insider's Craig Patterson) [Financial Post]
-Wal-Mart's Website to Customize Shopping Experience Based on Purchase, Search History [Gazette]
-Beyond Chicken and Fries: Loblaw Seeks Bigger Bite of Restaurant Sales With New Fresh-Food Offerings [Financial Post]
-Online Suit Retailer Indochino Shifts Business Plan to Include Canadian Brick-and-Mortar Showrooms [BIV]
Canadian News - Region-by-Region
-Target Canada Opening New Stores in Ontario, Quebec [CTV]
-Montreal’s St. Denis Street Is Losing Stores As The Area Becomes A Ghost Town [MTLblog]
-Danforth Herbal Store Finds There’s No Cure for Rising Rent [Toronto Star]
-Newborn Dies Days After Crash at London, Ontario Costco Store [Sun]
-'Shave shop' Opens in Calgary [CBC]
Trending Topics:
-Aeropostale Crops Its Brand to Reveal Younger, Fresher AERO [Brand Channel]
-600 Retailers Ensnared in Major New Malware Attack, Cybersecurity Firm Says [Time]
-Target's New CEO Knows Food More than Fashions [WSJ]
-Procter & Gamble to Shed up to 100 Brands to Focus on Top Performers [Globe & Mail]
-Whole Foods Stores Sell $1,000 pfs [ISCS]
-Dollar General Rolls Out Digital Couponing [Fierce Retail]
Interesting Articles:
-6 Reasons Why Retail Isn't Going Anywhere [GlobeSt.com]
-How Millennials Will Shape Retail in 25 Years [CNBC]
-Why Everyone Should Work Retail Once in Their Lives [Forbes]
-16 States Waive Sales Tax to Boost Back-to-School Spending [Fierce Retail]
-Welcome to the Mall of 2039: It's Nothing Like Today [CNBC]
-Burberry and Gucci Have the Most Advanced Omnichannel Strategies in Luxury, Study Says [Fashionista.com]