Today's Retail News From Around The Web: January 9, 2015
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Photo: Cadillac Fairview
Top Stories - Canada:
-How low oil prices and a Canadian housing downturn could hurt retail stocks [Financial Post]
-Why Whole Foods Loves Canada [Marketing Magazine]
-Jean Coutu Group’s profit falls as expenses offset sales growth at pharmacy chain [Financial Post]
-Bauer Hockey to Open First-Ever Retail Experiences [Marketwired]
-Half of Canadians used smart phones last year [Marketing Magazine]
-Apple hiking prices in App Store for Canadians due to falling loonie [Globe & Mail]
Canadian News - Region-by-Region:
-Expanded domestic terminal with new retail space to open at YVR next week [Business in Vancouver]
-Inside the new Anthropologie store on Queen Street [BlogTO]
-Verdun hardware store pulls the plug after 58 years [Montreal Gazette]
-Rosedale gets a new designer resale boutique from a former Holt’s bigwig [Toronto Life]
-Parking lot proposed to replace Stony Plain Road meters [Edmonton: CBC]
-Waterloo man made his mark in local retail selling cookware [Waterloo Record]
Trending Topics:
-Macy's closing 14 stores, thousands of layoffs, possible off-price focus [Chain Store Age]
-JC Penney to close 40 stores in 2015 [CNBC]
-Fewer discounts boost American Eagle, Aeropostale holiday-quarter sales [Yahoo]
-Family Dollar Stores' quarterly earnings drop 47% due to new pricing strategy, lower-margin products [Bloomberg]
-Discount chains prevail, apparel suffers [Fierce Retail]
-Inditex To Open More Than A Dozen Zara Stores In U.S. This Year [Business Insider]
-Fast Retailing Beats Estimates With Uniqlo Sales Jumping [Bloomberg]
Interesting Articles:
-Former Diapers.com CEO to open wholesale shopping club next month [Fierce Retail]
-Office Depot/OfficeMax debuts first brand campaign [Advertising Age]
-Angry Wet Seal employees refuse to take layoffs quietly [Washington Post]
-Stein Mart named nation's best department store in poll [Jacksonville.com]
-Target's next big thing: Lilly Pulitzer [Retailing Today]
-It's Time to Admit That Prada's in Decline [Racked National]
