Today's Retail News From Around The Web: January 19, 2015
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Rendering: First Capital Realty
Top Stories - Canada:
-As U.S. retailers fight for online sales, Canadian companies sit back (with comment from Retail Insider's Craig Patterson) [CTV]
-Quebec chain Groupe Épicia shutters 14 locations [Grocery Business]
-Sport Chek feeds off Raptors’ ‘We The North’ campaign [Globe & Mail]
-Sears Canada offering jobs, discounts to workers affected by Target’s exit [Globe & Mail]
-Get ready for more Walmarts, Canada [Global]
Re: Target Exiting Canada:
-Shoppers on the hunt for bargains flock to Canadian Target stores [Globe & Mail]
-How Target’s grand reveal of store locations contributed to its demise in Canada [Financial Post]
-New retail era to emerge as merchants battle for Target’s leftovers [Globe & Mail]
-Target Corp’s retreat from Canada ‘has nothing to do with government policy,’ James Moore says [Financial Post]
-Target Corp’s spectacular Canada flop: A gold standard case study for what retailers shouldn’t do [Financial Post]
-Sears Canada CEO knocks Target's 'cookie cutter' strategy [BNN]
-Canada’s commercial landlords should weather Target retreat, analysts say [Globe & Mail]
Canadian News - Region-by-Region:
-Demolition work begins on Stollerys before heritage designation decided [Toronto Star]
-Giant Tiger sees 'opportunity' in Target's departure [Ottawa Citizen]
-Public to get say on potential Kingsgate Mall redevelopment [Business in Vancouver]
-Target pullout sparks look by B.C.-based London Drugs [Victoria Times Colonist]
-Vancouver port truckers hold off on strike threat for now [Business in Vancouver]
-Anthropologie’s new Queen West flagship, housed in a 19th-century church [Toronto Life]
-CTF unveils alternative to Metro Vancouver transit sales tax [Business in Vancouver]
Trending Topics:
-RadioShack Said to Be in Talks to Sell Stores to Sprint [Bloomberg]
-HMV reclaims its position as Britain's biggest music retailer [Telegraph]
-10 big international exits by retailers [Forbes]
-Google Glass goes off the market [Toronto Star]
-Alibaba wooing US retailers [Fierce Retail]
-Price Chopper supermarkets get into the specialty pharmacy space [Supermarket News]
-Court begins for 30 of the 44 lawsuits against Home Depot in regards to 2014 data breach [Chain Store Age]
Interesting Articles:
-Ikea’s strategy for becoming the world’s most successful retailer [Financial Post]
-7 reasons Target struggled to be awesome in Canada [Global]
-Will J.C. Penney Close 200 Stores? [24/7 Wall St.]
-Analysts and investors cheer Target’s exit from Canada: ‘The right thing to do’ [Financial Post]
-Thin crowds during CEO's visit helped seal Target Canada's demise [Reuters]
-Walmart makes more exec moves, creates new titles [Retailing Today]
-New coalition of companies and retailers unite to combat patent trolls [United Patent Form]
