Today's Retail News From Around The Web: March 25, 2015
/Top Stories - Canada:
-Dollarama Inc hikes dividend by 12.5% as profit rises almost 30% [Financial Post]
-Target Canada will have shut more than half its stores by April 2 [CBC]
-Dollarama gets higher price target as bigger dividend, further multiple expansion expected [Financial Post]
-Bonnie Brooks set for appointment to Rogers board [Globe & Mail]
-Rudsak eyes expansion [Strategy]
-La Vie en Rose buying insolvent swimwear retailer Bikini Village [Globe & Mail]
-Walmart Canada mulls adding defibrillators to stores [Global]
-Canadians slow to switch to online purchase-and-delivery [Vancouver Sun]
Canadian News - Region-by-Region:
-British Columbia’s biggest real estate deal in 2014 did not involve a land sale (re: Tsawwassen Mills) [BIV]
-Little India Plaza set to boost Surrey neighbourhood [Vancouver Sun]
-Square One is getting a makeover, and a new direction [Toronto Star]
-Toronto-based fashion brand VAWK set to make colourful return to runway [Global]
-B.C. liquor store price-hikes likely to be minimal on April 1 [Business in Vancouver]
-Strategic Group Acquires Duncan, BC, Shopping Centre [Newswire]
-'I'm shocked': Corner Brook woman fined $250 for sealskin purse [CBC]
Trending Topics:
-Kraft Foods, Heinz to merge in deal backed by Warren Buffett, Tim Hortons owner [Financial Post]
-Is Canada About to Plunge Into a Recession? [Motley Fool Canada]
-Germany is top destination for global chains [ICSC]
-H&M opening 400 stores in 2015 amid 36% jump in Q1 profit [Chain Store Age]
-Traditional grocers up against discounters and online stores [Fierce Retail]
-Lowe's board approves shares buy back program up to $5 billion [Marketwatch]
-Study: Consumers can’t get satisfaction [Chain Store Age]
-Fresh & Easy to close 50 stores, change format [Fierce Retail]
Our Previous Articles:
-Moores Launches Men's Made-to-Measure in its Canadian Stores
-Canadian Retail Sales Are In Good Shape ... Except for Gasoline Stations
-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