Today's Retail News From Around The Web: January 15, 2015
/Our Articles of the Day:
1) BREAKING: Target to Exit Canada (includes roundup coverage from around the web)
2) Target Leaving Canada…Totally Predictable!
3) Outlet Malls to Open in Canada in 2015 and Beyond
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Top Stories - Canada (For Target Exiting Canada, see above)
-Canadian dollar slump hikes cost of US imported goods [CBC]
-Mexx to start closing stores this week [CTV]
-Birks Group Inc. Reports 11% Third Quarter Comparable Store sales growth [Businesswire]
-Ikea Canada recalls 64K crib mattresses because of safety risk [Metro]
-Future of Tilley Endurables clothing company in doubt [BlogTO]
Canadian News - Region-by-Region:
-Business groups not buying an Alberta sales tax [Edmonton Journal]
-Councillor hoping heritage status can save Stollerys from demolition [Toronto: Global]
-Toronto entrepreneur to challenge Beer Store's monopoly [Globe & Mail]
-NS mom told she can't nurse baby while selling food at farmers' market [CTV]
-Massive new store a one stop shop for condo dwellers [BlogTO]
-What's the Deal with MUJI? [Torontoist]
-AND FINALLY: As economy drops, Calgary police investigate rise in theft of costly sex toys [National Post]
Trending Topics:
-PARTNER CONTENT: J.C. Williams Group U.S. January Retail Bulletin [J.C. Williams Group]
-Natural Grocers on track to open 18 stores in 2015 [Chain Store Age]
-Etsy to pursue IPO [Bloomberg]
-Tim Hortons Looks to Succeed in US [QSR]
-Burberry hit by falling sales in Hong Kong [Yahoo]
-Retailers expect even stronger growth in 2015 [Chicago Tribune]
Interesting Articles:
-In-store WiFi boosts customer loyalty 28% [Fierce Retail]
-43% prefer to shop online, yet 29% actually made last purchase digitally [Fierce Retail]
-Starbucks and ASU Create a Retail Management Degree for Baristas [Starbucks]
-Warrior Spirit Alone Won't Save J.C. Penney [Motley Fool]
-Costco: Where Will The Growth Come From?[Seeking Alpha]