Today's Retail News From Around The Web: January 20, 2015
/
Photo: pci-group.com
Our Articles of the Day:
1) Saks Off 5th to Open in Ottawa
2) Chapters Books to Close Downtown Vancouver Flagship
*****
Top Stories - Canada:
-The price of chocolate: How Canadian chocolatiers are getting burned by the Swiss franc [Financial Post]
-Impact of Target Corp’s exit depends on who buys leases [Financial Post]
-Volvo achieves record Canadian market share [Truck News]
-Real Estate Watch: Chopping old Target stores into pieces? [BNN]
-Could Target return to Canada through ecommerce? [IGD]
-Target Canada’s 17,000 laid off workers face grim job prospects, labour experts say [Financial Post]
-What Canadian Retailers Can do Online to Compete with the U.S. [Marketing Magazine]
Canadian News - Region-by-Region:
-Target to start liquidations in two to three weeks [Toronto Star]
-Toronto Councillor calls for a halt in Stollerys tear down [Toronto: CTV]
-Target leaves empty space in Montreal economy [Yahoo]
-Hey Toronto, Douglas Coupland wants you to decorate his head with gum (at Holt Renfrew, Toronto) [CTV]
-Cloverdale Mall, Bentall Kennedy considering retail options in wake of Target closures [insideTORONTO.com]
-$50 million future condo plan for downtown's old Kresge store [Hamilton Spectator]
Trending Topics:
-Dollar General may be dropping Family Dollar pursuit: analysts [supermarketnews.com]
-Google said to be preparing to compete with Apple Pay [CNET]
-Laid off Target workers face grim job prospects: labour experts [CP24]
-Will January Retail Sales Pick Up After a Dull December? [Nasdaq]
-Uniqlo Growth Strong In U.S. And International Markets [Seeking Alpha]
-China Retail Sales (YoY) registered at 11.9% above expectations [FXStreet]
Interesting Articles:
-Alex Tilley says it would be 'foolish' to make his famed hats outside Canada [CTV]
-Claire Cameron: The answer to why Target is closing lies in the question: Where do you buy a broom? [Financial Post]
-These Days, Retailers Need to Be in the Entertainment Business [Huffington Post]
Coming to a Whole Foods near you: in-store bars and restaurants [Crain's]
-Must email offers rely on big discounts? [RetailWire]
-One per cent hold half the world's wealth: Oxfam [CTV]
