Today's Retail News From Around The Web: February 9, 2015
/
Our Article of the Day:
1) Kate Spade to Open 3 Canadian Locations
2) Shoppers Drug Mart to Test Fresh Food in its Regina Locations
*****
Top Stories - Canada:
-Danier Leather starts strategic review as profits plummet [CTV]
-No White Knight looming to save Target stores [The Guardian]
-Shoppers Drug Mart’s addition of fresh food blurs the line between convenience and grocery stores [Financial Post]
-Canadian shoppers top target for US retailers [Fierce Retail]
-Target sale fail? Disappointed shoppers can expect deeper discounts ahead [CTV]
-Target's severance deal a unique win for employees [Toronto Star]
-Parasuco Retail closes stores, lays off half its staff, files for bankruptcy [CBC]
Canadian News - Region-by-Region:
-Target employees in tears as "unruly mob" demands better deals [Ottawa Citizen]
-Uniqlo, H&M chains rattling local retail landscape [Business in Vancouver]
-Retail pain: $1 billion in online sales went outside Quebec [Montreal Gazette]
-Why local e-commerce operations are moving into streetfront locations [BC Business]
-BC First Nation takes on Ralph Lauren over knockoff sweaters [CTV]
Trending Topics:
-Inside RadioShack’s slow-motion collapse: Why the fall of the 94-year-old electronics chain didn’t have to be this way [Financial Post]
-RadioShack reveals list of potential store closings [Star Telegram]
-Ralph Lauren's income falls 9% in quarter due to investments in infrastructure and marketing new products [Crain's NY]
-Walmart's Reign Over Retail Is Hanging by a Thread [Daily Finance]
-Nordstrom to partner with Madewell [Fierce Retail]
-Online British grocery store Ocado makes a profit for the first time in its 15-year history [Telegraph]
Our Previous Articles:
-Will Nordstrom Have the Same Problems as Target in Canada?
-Tiffany & Co. to Open at Rideau Centre
-3-Million Square Foot Mega-Mall Planned for Montreal
-Rudsak Looks to Double Canadian Store Count
-Nordstrom Opens 2nd Canadian Location in Ottawa Next Month
-Target's Most Valuable Canadian Store Real Estate
