Today's Retail News From Around The Web: March 19, 2015
/Top Stories - Canada:
-Joe Fresh founder joins CBC’s Dragons’ Den [Globe & Mail]
-Target lands $1.6-billion tax break as creditors fight for payback (Canadian version of a story from the U.S. earlier this week) [Globe & Mail]
-Lululemon gets boost from new products [Fierce Retail]
-What Canada Can Learn From Sweden's Unionized Retail workers [Huffington Post]
-Canada Wholesale Trade Plunges 3.1% in January [Wall Street Journal]
-Declining Canadian Dollar Slowing “US Retailer Invasion” [Reurbanist.com]
-The Richest People In Each Province And Territory (includes several retail families) [Huffington Post]
Canadian News - Region-by-Region:
-Retail conference tackles e-commerce issues in Quebec [Montreal Gazette]
-Saanich OKs Whole Foods at Uptown [Victoria Times Colonist]
-The potential high cost of beer in grocery stores [Toronto Star]
-Forever 21 to open store in Devonshire Mall [Windsor Star]
-A Pirate and his booty of Trader Joe's cookie butter (re: Pirate Joe's in Vancouver) [Globe & Mail]
-Surrey BC's Guildford Town Centre achieves LEED® Gold certifaction [Ivanhoé Cambridge]
-Gluten-free diets swing BC booze sales [24 Hours Vancouver]
Trending Topics:
-Target to lift minimum wage to $9 an hour, matching rivals [Reuters]
-Foot Locker to shutter women's stores, launch yoga apparel brand [Fierce Retail]
-Mall owner Macerich rejects unsolicited $16B takeover bid from Simon Property [WSJ]
-J Crew comparable sales decrease 3% for quarter, e-commerce sales increase 4% [Newswire]
-Report: Versa Capital wins Wet Seal bankruptcy bid [Chain Store Age]
-Retailers struggle with personal e-mails [RetailWire Discussion]
-Macy's, Rite Aid partner for customer loyalty program [Fierce Retail]
-Aldi, Target expand grocery assortment [Fierce Retail]
Our Previous Articles:
-Aquascutum to Open Free-Standing Canadian Locations
-Why Wealthier Toronto Has Fewer Luxury Stores Than Chicago
-Jaeger-LeCoultre to Open Two Canadian Locations This Year
-Review: SmartCentres' Penguin Pick-Up
-Details on Saks Fifth Avenue's Canadian Flagship, Now Under Construction
-German Womenswear Brand Gerry Weber Plans Aggressive Canadian Expansion