Today's Retail News From Around The Web: March 24, 2015
/Photo: urbantoronto.ca
Top Stories - Canada:
-La Vie en Rose to buy insolvent swimwear retailer Bikini Village [Financial Post]
-How Loblaws stays on the cutting edge after 96 years [Canadian Business]
-Target Canada closing 30 more stores by April 1 [CBC]
-Lululemon Athletica Inc inventory issues scare investors again [Financial Post]
-Shoppers Drug Mart expands marketing strategy along with fresh food program [Canadian Grocer]
-Public offerings wither in Canada as perceived cost of capital lures IPOs south (includes SHOEme.ca) [BIV]
-Canadian e-payments provider (Optimal Payments) makes billion-dollar acquisition [Computer Dealer News]
-Non-browning genetically modified apples approved for sale in Canada [Canadian Grocer]
Canadian News - Region-by-Region:
-BC sees Canada's smallest drop in retail sales in February as inflation holds steady [Business in Vancouver]
-Vancouver's Ingeldew's Shoes: ‘We’re a little company, but we’ve built a model that’s worked for 100 years’ [Globe & Mail]
-Farm Boy to open first store in Toronto region [Canadian Grocer]
-Joe Fresh teams with Ryerson University to establish fashion innovation centre [CTV]
-Montreal's small businesses struggling to survive [Montreal Gazette]
-Renos causing parking nightmares at Bayshore (with video) [Ottawa Citizen]
Trending Topics:
-Walmart is quietly going on a massive building spree [Grist]
-Retail View: Convenience stores the new frontier for fresh produce sales [The Produce News]
-Gap Considers Cutting Stores to Focus on E-Commerce [Racked]
-Marc Jacobs merges apparel lines, plans store remodels [Fierce Retail]
-Wal-Mart, TJX, Target Raise Wages: What’s Behind The Pay Hikes In Retail? [International Business Times]
-Lowe’s approves $5 billion stock repurchase program [Chain Store Age]
-After a 48% sales increase in 2014, Mattress Firm will open 200 to 220 stores in 2015 [Seeking Alpha]
Our Previous Articles:
-Interview with Sam Mizrahi, Builder of 'The One' Tower at Bloor and Yonge
-Australian Activewear Brand Lorna Jane to Open Canadian Flagships
-Benefit Cosmetics to Open Free-Standing Canadian Locations
-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
-Details on Saks Fifth Avenue's Canadian Flagship, Now Under Construction