Today's Retail News From Around The Web: January 8, 2015
/Top Stories - Canada:
-What HMV Canada needs to do to survive [Globe & Mail]
-Can focusing on food retail save Target Canada? [Marketing Magazine]
-Lululemon Athletica Inc appoints former J. Crew executive as CFO [Financial Post]
-Best Buy Canada offloads credit card portfolio in deal with Desjardins Group [Financial Post]
-Lilly Pulitzer's Target collaboration to be carried in all Canadian stores [aBullseyeView.com]
-Reitmans (Canada) Limited reports December sales [Newswire]
Canadian News - Region-by-Region:
-Richmond, BC clothing company claims Forever 21 ripped off their designs [Global]
-Beer Store to open up ownership to all Ontario-based brewers [Globe & Mail]
-Electronics sales solid for Victoria-area retailers [Times Columnist]
-New lingerie store taking over at Rosalind's location in Cambridge [Waterloo Record]
-Corner Brook Thrift Store halts donations temporarily [CBC]
-The 5 most famous clothing brands from Toronto [BlogTO]
AND FINALLY: Commercial Drive shop brings chocolate snorting to Canada (What!?)[Vancouver Province]
Trending Topics:
-Wet Seal closing 338 stores, laying off nearly 3,700 employees [Chain Store Age]
-Keurig Green Mountain in deal to sell Dr. Pepper Snapple brands [CTV]
-Dick’s Sporting Goods explores going private: sources [Yahoo]
-Retail cyberattacks drop 50% in 2014 [Fierce Retail]
-JCP fares well during holidays [Retailing Today]
-Top 6 Retail Trends to Watch in 2015 [RIS]
Interesting Articles:
-Lattes and Frappuccinos it is: Starbucks gift-card sales boom as holiday shoppers see fail-safe bet [Financial Post]
-Northwest U.S. e-commerce appealing to Chinese shoppers [Fierce Retail]
-U.S. retail mall vacancies rose to 8% in fourth quarter, mainly due to the closing of some Sears [Yahoo]
-Apple Climbing Ranks Of 'Luxury' Brands [Mediapost.com]
-China-based Wanda E-commerce raises $161M in investments as it tries to compete with Alibaba [Techcrunch]
-Retailers struggle to do in-store pickup well [Internet Retailer]