Today's Retail News From Around The Web: February 12, 2015
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Top Stories - Canada:
-Target Canada’s failure causes retailer to lay off 720 staff in U.S., India [Financial Post]
-Long list of small businesses wait for cash as Target’s cheque bounces [Globe & Mail]
-Target Canada employees granted representation by court [Toronto Star]
-Target Canada set to slash liquidation prices Thursday, employees say [CBC]
-Wal-Mart to invest $340-million in Canada to open 29 new stores, on heels of Target exit [Globe & Mail]
-Target laying off 550 in Minneapolis, after Canada failure [Twincities.com]
Canadian News - Region-by-Region:
-Montreal's Saint-Laurent Street Has Lost 160 Stores [MTL Blog]
-Beer Store changes could mean higher prices, says Molson Coors [CBC]
-Dufferin Mall in Toronto gets the parody instagram account treatment [Now Toronto]
-Whey cool: inside Cheese Boutique's jam-packed, million dollar cheese vault [Toronto Life]
-Target's loss in Ottawa is Wal-Mart's gain: Expert [Ottawa Sun]
Trending Topics:
-Prada needs to focus less on new shops and more on new handbags [Yahoo]
-Urban Outfitters reports record breaking quarter with 12% increase in sales, 8% growth overall for 2014 [Bizjournals]
-Target pays $4M fine for false advertising about cheap prices in California [CBC]
-Report: Sycamore pursues $3 billion Chico’s deal [Chain Store Age]
-Juicy Couture founders launch e-commerce site [Fierce Retail]
-Why Sprint and Radio Shack Are Shacking Up [Harvard Business Review]
-Michael Kors debuts menswear, footwear in SoHo store [Fierce Retail]
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