Today's Retail News From Around The Web: February 20, 2015
/Top Stories - Canada:
-Canada’s retail sales take big downturn in holiday season [Globe & Mail]
-Sorry Walmart Canada workers, no raises for you [Global]
-Invoice switched, Target supplier stuck with $232,328 claim [Globe & Mail]
-Walmart gobbling up bigger slice of Canadians’ grocery budgets [Global]
-Wal-Mart Canada profit falls despite boost in sales [Globe & Mail]
-Are We in the Midst of a Canadian Retail Revival With Rona Inc.? [Motley Fool Canada]
-Sport Chek declared a 'cult brand' at North American marketing summit [Newswire]
Canadian News - Region-by-Region:
-Merivale Mall adds Marshalls outlet in $10-million renovation [Ottawa Citizen]
-Video: How small local grocery stores compete with the big chains [Vancouver Sun]
-Mountain Equipment Co-op clears hurdle for development of North York store [Inside Toronto]
-Casablanca video store on verge of closing its new location [Calgary Herald]
-Shoppers’ grocery pilot expanding to Regina [Canadian Grocer]
-Princess Auto opens two new locations in Canada [Winnipeg Free Press]
-Proposed development aims to revitalize unused ‘no-go’ zone below Gardiner Expressway (including Loblaw store) [National Post]
Trending Topics:
-How Wal-Mart’s CEO came to support a US$1-billion pay increase for employees [Financial Post]
-Prediction: Apple will buy Tesla Motors [USA Today]
-Nordstrom profit falls due to higher investments, discounts [Reuters]
-Ascena Retail discontinuing Brothers, boys brand located in some Justice stores [Chain Store Age]
-Best Buy is opening a tech office in Seattle [Star Trubune]
-Will Investors Put the Lid on the Container Store’s Generous Wages? [Bloomberg]
-Staples speeds up mobile checkout [Fierce Retail]
- DirectBuy gets into the sweepstakes game [via Chain Store Age]
Our Previous Articles:
-MCM Looks to Open Canadian Stores
-Toronto Start-Ups Help Bridge Online and In-Store Transactions
-Aritzia to Open Largest Location in Montreal
-Tory Burch to Open 4th Canadian Location at Sherway Gardens