Today's retail news from around the web: September 3, 2014
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Our Articles of the Day:
1) Holt Renfrew Exiting Winnipeg After Almost 105 Years
2) Holt Renfrew to Expand and Renovate its Vancouver Flagship [Retail Insider for Vancity Buzz]
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Top Stories - Canada:
-Back-to-school sales sluggish, expected to extend into September [CBC]
-Why Canadian Tire Corporation Ltd Is the Best Retail Stock to Buy [MF]
-Meat Prices In Canada Are High And They Will Only Get Higher: Analyst [Huffington Post]
-Wealth in Canada, globally on the rise (hence why Saks & Nordstrom may succeed here) [Times Columnist]
-Staples helps Canadians prepare for school [WSJ]
Canadian News - Region-by-Region:
-Six new grocery stores proposed to serve downtown Calgary population [Calgary Herald]
-VIDEO: Violent takedown of alleged Walmart shoplifter in Edmonton: police investigate [Global]
-First Capital Realty acquires retail and mixed use assets in Griffintown, Montreal [Stockhouse]
-Vancouver Police raid marijuana shop on Kingsway [Global]
-Giant Tiger announces opening for Timmins store [Timmins Times]
-Dollar Tree opening another store in Burlington, ON [Inside Halton]
Trending Topics
-World’s largest duty free shop opens in China [Inside Retail Asia]
-Home Depot investigating massive data breach [Fierce Retail]
-Dollar General hikes Family Dollar offer to US$9.1-billion in takeover tussle [Financial Post]
-America’s 10 fastest-growing retailers [Market Watch]
-Will Alibaba's US IPO disrupt American retail? [Retail Dive]
-Is trendy tech really Abercrombie's problem? [Retail Wire]
-An offer Family Dollar can’t refuse [Retailing Today]
Interesting Articles:
-Home Hardware CEO is a lifelong do-it-yourselfer [Globe & Mail]
-Why Wal-Mart Will Not Buy Family Dollar [Seeking Alpha]
-2014 Retail Stores Closed & Closing by State - Closing Sale Locations [About]
-Walmart, Target, CVS make style magazine’s ‘best companies for Latinas to work for’ list [Retailing Today]