Today's Retail News From Around The Web: September 12, 2014
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The Room at Hudson's Bay, Toronto. Photo: Yabu Pushelberg.
Top Stories - Canada:
-Hudson’s Bay Co halves loss as sales jump 87% with help from Saks [Financial Post]
-Ontario court green-lights Sears class-action lawsuit [Globe & Mail]
-Lululemon aims to woo 'next generation' with Ivivva expansion [Financial Post]
-Dollarama to stick to winning formula as it expands towards 1,200 Canadian locations [Chronical Herald]
-Dollarama Inc gives shareholders split stock dividend as profit rises on more stores and higher prices [Financial Post]
-Canada's food costs not hard to swallow [The Western Producer]
-Healthier foods helping Sobeys boost bottom line in recent results: executive [Herald]
Canadian News - Region-by-Region:
-Signs of transition at Montreal's Ogilvy store [Montreal Gazette]
-Frozen pork products sold in Edmonton recalled due to possible E.coli contamination [Edmonton Journal]
-Empire's growth pushes Stellarton HQ workforce past 1,200 [Chronicle Herald]
-Nova Scotia pharmacy pulling soft drinks, sugary beverages, from store shelves [Metro]
-Sleepy suburban mall in Vancouver is antique dealer's new cup of tea (with video) [Vancouver Sun]
-Newly-renovated, expanded Spruce Meadows Tack Shop open for business [Calgary Herald]
Trending Topics:
-Nordstrom, Saks lead L2 department store report [Luxury Daily]
-Walmart rolls out new extreme value private-label brand [Grocery Business]
-Target CEO: It's still unclear the role that groceries will play [Grocery Business]
-Target on board with Apple Pay [Retailing Today]
-Sears' credit rating downgraded by Fitch [Retail Dive]
-Gymboree Bonds Collapse After Sales Tumble at Its Stores [Bloomberg]
-Can RadioShack save itself by redesigning its stores? [Washington Post]
Interesting Articles:
-Law professor thinks Apple turned self into a regulated financial institution [Market Watch]
-New site lets you shop Toronto furniture stores online [BlogTO]
-Why Execution Matters For Pop-Up Shops [Retail Category Consultants]
-Nigeria Offers Best Opportunity for African Retail, RMB Says [Bloomberg]
-TOMS teams up with Target [Target]
