Today's Retail News From Around The Web: January 28, 2015
/Photo: Alton Gray
Top Stories - Canada:
-Nathalie Atkinson: We’re sorry it didn’t work out, Target. Call us? [Globe & Mail]
-Cost of groceries on the rise, according to Stats Canada [Global]
-What Target’s fail says about Canadians [Toronto Star]
-Metro Inc hikes dividend as first quarter profit jumps 13.4% [Financial Post]
-Coca-Cola reducing size, sweetness of beverages in Canada [CTV]
-Canadian dollar could fall to 75 cents on weak oil prices, experts say [CBC]
Canadian News - Region-by-Region:
-Retail council opposed to separate BC transit sales tax [Globe & Mail]
-A tale of two closures: Target and Future Shop gone [Regina Leader Post]
-B.C. grocery executives push for clarity on ground rules for getting into the provincial liquor game [Business in Vancouver]
-Target failed Quebec too [Toronto Star]
-Big-box chain Lowe's could replace Targets here [Winnipeg Free Press]
-Store closures mask rise in BC retail sales (now at $60 bill) [Troy Media]
-Future Shop in Gloucester to close up shop [Ottawa: CTV]
Trending Topics:
-Half of America's shopping centres predicted to close by 2030 [ABC]
-Tim Hortons confirms rumours of job cuts [Globe & Mail]
-Apple sells record 74.5 million iPhones in 1st quarter [CBC]
-Amazon to collect sales tax from almost three-quarters of US consumers [Retail Dive]
-The growth of Wal-Mart may have made America’s obesity epidemic worse [Washington Post]
-Convenience stores make up 34% of all US retail outlets [Fierce Retail]
-Saks drops controversial argument on transgender discrimination [Retail Dive]
Our Previous Articles:
-Saje Natural Wellness to Open 12 New Stores
-UNIQLO to Open Canadian Stores
-Holt Renfrew Closes Three Locations as it Embarks on $300 Million Expansion
-La Maison Simons to Open 2nd Edmonton Store