Today's Retail News From Around The Web: January 22, 2015
/Our Articles of the Day:
1) Place Ste-Foy to Undergo $50 Million Redevelopment
2) Edmonton Airport Outlet Mall to be Larger than Anticipated
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Top Stories - Canada:
-Taking stock after Canada's retail shake-up [Global]
-Target CEO's Golden Handshake Pretty Much Matches The One For All 17,600 Canadian Employees [Huffington Post]
-Target Canada owes billions to long list of creditors [Globe & Mail]
-Nordstrom better positioned than Target to take on Canadian expansion [PSBJ]
-Off-Target: How a U.S. retail giant misread the Canadian market [Macleans.ca]
-Why Target missed the bullseye in Canada [Retail Dive]
Canadian News - Region-by-Region:
-New Ikea pick-up locations won't be coming to Saskatchewan [CBC]
-IKEA Canada clarifies its presence on Vancouver Island [CTV]
-What will happen to Toronto malls with Target gone? [BlogTO]
-Proliferation of high-end retail outlets at expense of independent retailers in Vancouver's Chinatown [Vancouver Sun]
-Langley retail landscape changing [Langley Times]
-City of Ottawa looks to open more small businesses in residential areas [CBC]
-Neighbours angered by Lululemon founder's enormous dock proposal [CBC]
Trending Topics:
-EBay trims its staff, also plans to spin off PayPal [Toronto Star]
-Target launches plus-size apparel line (in the U.S. [Fierce Retail]
-White House Black Market launches an online wedding and event boutique [Newswire]
-Lowe's to hire 30K workers for spring [Retailing Today]
-Amazon halts diaper production, discontinues Wallet [Fierce Retail]
-Retail CEOs Reveal Top Goals For 2015 [Forbes]
Interesting Articles:
-Amazon set to enter the big-screen movie industry, set to produce 12 films a year [Reuters]
-11 Things You Should Be Renting Instead Of Buying [Business Insider]
-Tommy Hilfiger to open digital showroom [Chain Store Age]
-These 6 Stores Are 'Disappearing' From Malls [Benzinga]
-More Mixed Messages From Best Buy Co Inc [Motley Fool]
-The Japanese Buy Luxury To Fit In, But The Chinese Buy It To Stand Out [Business Insider]
AND FINALLY: Lindsay Lohan might be a spokeswoman for car insurance, which, in a funny way, makes total sense [Yahoo]