Today's Retail News From Around The Web: September 15, 2014
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Photo: Saje Natural Wellness
Top Stories - Canada:
-Canada’s luxury market stretched by next wave of retailers [Financial Post]
-From one buck to $3: How high will Dollarama go on its price points? [Financial Post]
-Hudson’s Bay Co halves loss as sales jump 87% with help from Saks [Financial Post]
-Hudson's Bay Company Reports Second Quarter 2014 Financial Results (including info on Saks Fifth Avenue) [HBC]
-Reitmans posts lower Q2 profit, blames falling dollar and increased costs [Montreal Gazette]
-Dollarama Q2 net income grows 15%; plans 70-80 net new stores [Chain Store Age]
-Federal Government Cuts EI Premiums For Small Businesses (including retailers) [Retail Council of Canada]
Canadian News - Region-by-Region:
-50% stake sold in Tsawwassen Commons [Business in Vancouver]
-Saks won't open in Ottawa or Quebec City, according to HBC CEO [CTV]
-Calgary Co-op is investing in fresh, unveiling extensive renovations and expanded food offerings [Newswire]
-Montreal's Ogilvy creates pop-up shop for 26 Quebec designers [Montreal Gazette]
-Curtain falls for costume shop in Kamloops [Castanet]
-The top 10 thrift stores in Toronto [BlogTO]
Trending Topics:
-Target's mission: "be cool again" [CBS]
-Home Depot malware likely different from Target's [Retail Dive]
-RadioShack's net loss more than doubles [Retailing Today]
-Clever Apple, Driving Traffic To Retail [Forbes]
-Urban Consumers Meet Outdoor Retail [Forbes]
Interesting Articles:
-(With Video) Jimmy Kimmel Gets Fashion Lovers to Discuss Fake Designers [Marie Claire]
-As Wal-Mart thinks small, this retailer says bigger is better [Fortune]
-Urban Outfitters opens 'his and hers' flagship in California [Fierce Retail]
-The ultimate retail return: When CEOs come back [Retail Dive]
-Foot Locker rolls out same-day delivery [Fierce Retail]
-The Top 10 Trends at New York Fashion Week - Spring/Summer 2015 [EDITD]