Today's Retail News From Around The Web: January 23, 2015
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Rendering: 20 VIC Management Inc.
Top Stories - Canada:
-Wal-Mart Canada opening 11 supercenters in January [BNN]
-Exiting Canada Will Not Help Target (TGT) [Seeking Alpha]
-Why Target Is Raking Up Its Maple Leaves [Businessweek]
-H-E-B heading to Canada to learn how to operate a 12,000-square-foot grocery store [Bizjournals]
-Which grocery CEOs got paid the most? [Canadian Grocer]
-Target Canada owes more than $5-billion to creditors [Toronto Star]
Canadian News - Region-by-Region:
-Choices Markets to expand to Commercial Drive [Business in Vancouver]
-The Beer Store is a retail system long past its time [Globe & Mail]
-Alberta consumers outspent other Canadians by $10,000 in 2013 [Edmonton Journal]
-What's going on in the Castlefield Design District? [BlogTO]
-Inside Loblaw's overhauled Leslieville store [Toronto: Grocery Business]
-Homeless in Vancouver: South Granville store closing was a messy business [Straight]
Trending Topics:
-Family Dollar stockholders approve Dollar Tree acquisition [Fierce Retail]
-Starbucks profit surges 82 per cent on food sales [Toronto Star]
-Luxury declines in China [Inside Retail]
-LVMH's Fendi said it will boost revenue in 2015, despite a stall in demand for luxury items
-Ebay cutting 7% of workforce; exploring options for enterprise division [Chain Store Age]
-Top 10 highest-rent shopping strips in the world [Fortune]
Interesting Articles:
-The Aging of Abercrombie & Fitch (very interesting) [Bloomberg]
-Not Your Grandmother’s Neiman’s [The Robin Report]
-Online retailers fill 25% of India's warehouse space [Business Standard]
-Study: Online retailers tardy with refunds [Chain Store Age]
Retail crimes in UK at 10-year high as $910M was stolen in 2014, up 18% from prior year [pymnts.com]
-Using the Internet of Things to improve the physical shopping experience [RetailWire]
