Today's retail news from around the web: August 6, 2014
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Photo: phoenix.sheridanc.on.ca
Top Stories - Canada:
-Target Canada Faces Steep Competition as Back-to-School Season Starts [Globe & Mail]
-Indigo’s first-quarter sales get boost from gifts, American Girl [Financial Post]
-Target Lowers Forecast, Expects 'Somewhat Softer' Canadian Sales [CBC]
-Retailers Face Sluggish Back-to-School Season as Consumers Venture Online [Canadian Press]
-Sears Canada Recalls Joe Boxer Branded Boys Pyjama Sets for Safety Reasons [Free Press]
-Sears Canada Draws Interest From New York-Based Private-Equity Firm Sycamore Partners, Report Says [Financial Post]
Canadian News - Region-by-Region:
-Rolls-Royce to Open New Dealership in Calgary [Calgary Herald]
-Alberta to Lead Back-to-School Spending [Calgary Herald]
-Inside Vince Camuto's New Toronto Flagship [Toronto Life]
-The Top 10 Outlet Malls Near Toronto [BlogTO]
-Lole Looks to Open Free-Standing Vancouver Store [Vancity Buzz, By Retail Insider]
-Tatyana Boutique Opens in Toronto [NASDAQ]
Trending Topics:
-Target's Data Breach Is Going To Cost The Company $148 Million [Business Insider]
-Walgreen Shares Fall on Media Reports That it Will Not Reorganize Overseas to Lower Tax Bill [Canadian Press]
-Luxury Accessories Retailer Coach Spikes After Earnings Beat Expectations [Business Insider]
-Apple Said to Debut New iPhones at Sept. 9 Event [Toronto Star]
-Office Depot to Close 165 Stores This Year; Settles Lawsuit For $80 million [Sun Sentinel]
Interesting Articles:
-Canadians Waste Seven Billion Kilograms of Food a Year [Globe & Mail]
-Urban Outfitters Executive Argues That Companies Shouldn't Have To Tell Customers About Data Breaches[Business Insider]
-Michael Kors Says Menswear Is The Future Of The Brand [Business Insider]
-RadioShack Corp. Introduces 23 Concept Stores to Washington, D.C. [Biz Journals]