Today's Retail News From Around The Web: February 26, 2015
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Photo: jadorethis.ca
Our Article of the Day:
Rockport to Open 5 Stores as Part of Canadian Expansion
Top Stories - Canada:
-Loblaw’s profit more than doubles [Globe & Mail]
-Canadian Tire profit rises on strong home products, sports gear sales [Globe & Mail]
-How Richard Baker stacks up [Financial Post]
-Sears Canada reports 18% drop in revenue, falling same-store sales [BIV]
-Target Canada drags U.S. retailer's profit down by $4B US in 2014 [CBC]
-Hudson's Bay forms new real estate partnerships with RioCan, Simon [Global]
-Target pharmacy owners getting help with legal fees [CBC]
Canadian News - Region-by-Region:
-Investment in Calgary retail sector balloons in 2014 [Calgary Herald]
-Chapters may join luxury retailers on Alberni Street [Business in Vancouver]
-Shoppers Drug Mart bringing groceries to downtown Regina [CBC]
-North West Company touts $150-M worth of improvements in Northern Stores [Winnipeg Free Press]
-End of an era as Markham Sears store to close Saturday [YorkRegion.com]
-Cabela's set to hire 140 for new Moncton store [CBC]
-Bass Pro store still 'full steam ahead' says rep [Ottawa Community News]
Trending Topics:
-Sycamore Partners abandons bid for women's fashion retailer Chico's [Bloomberg]
-In year of the Lego Movie, transformed Danish toy maker sees sales continue to grow globally [Yahoo News]
-Hope Depot rides the returning tide of US economy [Toronto Star]
-American Express raises interest rates on some credit cards [CTV]
-Target shrinks the big-box store to attract urban shoppers [Globe & Mail]
-Higher home renovation spending drives sales at Lowe's [Yahoo News]
-Wal-Mart Stores Inc shareholders seeking even more changes to employee pay in push to invest in human capital [Financial Post]
-TJ Maxx, Marshalls to boost pay to at least $9 an hour [CTV]
Our Previous Articles:
-Nordstrom Reveals Brands in New Ottawa Store
-The Ever-Changing Retail Landscape of Canada
-Promising Picture for Most Canadian Retailers Heading Into 2015
-Womenswear Brand Judith & Charles to Open 4 Locations, Revamps Website
-Prada to Open Vancouver Flagship
-MCM Looks to Open Canadian Stores
-Aritzia to Open Largest Location in Montreal
