Today's Retail News From Around The Web: January 29, 2015
/Photo: Lole
Top Stories - Canada:
-Ikea’s Canadian sales jump 5% as retailer eyes collaborations with famous designers [Financial Post]
-Target's exit will lead to $ billions discounted merchandise flooding Canada [Profit]
-Lowe's Canada to Hire 2,000 Employees for Spring and Summer Seasons [CNN]
-Canadian Tire, Loblaws interested in Target stores? [Brampton Guardian]
-List of retailers which have recently closed locations in Canada [Style Democracy]
-Another casualty of Target’s collapse: 133 franchise pharmacists [Canadian Business]
Canadian News - Region-by-Region:
-Bureau en Gros (Staples) to shut two Montreal stores [Montreal Gazette]
-Future Shop 'thrilled' with local store [Prince Albert (SK) Daily Herald]
-Popular locally-owned toy store set to close up shop [Edmonton: Global]
-Vintage Toronto Ads: Hudson’s Bay Centre [Torontoist]
-Location makes all the difference for used book store [Waterloo Record]
-U.S. container traffic jams could boost B.C. port business [Business in Vancouver]
-Large-format restaurants could be contenders for rising inventory of high-profile retail space [Business in Vancouver]
Trending Topics:
-Roots Expands its Presence in Asia [Newswire]
-IKEA gains share in markets around the globe [Bloomberg]
-How a Blizzard Turns Us into Irrational Hoarders at the Grocery Store [Time]
-FTC approves Albertsons, Safeway merger after companies agree to sell off 168 stores [Reuters]
-Illinois becomes latest state to require taxes be collected from Amazon customers [ABC]
-H&M Is Opening 400 Stores This Year And Launching a New Beauty Range [Fashionista]
Our Previous Articles:
-Upscale Alton Gray Looks to Open Several Canadian Stores
-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