Retail News From Around The Web: April 22, 2015
/Our Articles of the Day:
1) Porsche Design Halts Expansion, Closes All Canadian Locations
2) West Elm to Open 4th Canadian Location
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Trending Topics:
-Sears announces remaining stores in Primark deal [Chain Store Age]
-Chinese tourists' luxury spending soars - Global Blue [Reuters]
-Banning 'sameness': How retailers can work with cities' chain-store restrictions [Retail Dive]
-Smaller markets driving apparel sales [Fierce Retail]
-Target responds to Lilly Pulitzer frenzy and angry customers [Chain Store Age]
-Frederick's of Hollywood files for bankruptcy, gets buyout offer [Fierce Retail]
-Millennials prefer to socialize rather than shop on social sites [eMarketer]
Our Previous Articles:
-Kit and Ace to Open West Edmonton Mall Flagship
-Confirmed: COS by H&M to Open Canadian Locations
-AllSaints to Open 2nd Free-Standing Canadian Unit
-Aritzia to Substantially Expand Robson Street Flagship
-Abercrombie & Fitch to Open 1st Vancouver Location
-DSW Designer Shoe Warehouse Reveals 6 New Canadian Locations
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Top Stories - Canada:
-Metro Inc profit jumps more than 15% on higher same-store sales [Financial Post]
-Target's Hasty Exit From Canada Leaves Anger Behind [New York Times]
-DavidsTea launches beauty line [Marketing Magazine]
-Retail Council of Canada Applauds Lower Taxes and Continues to Advocate For Future Tariff Reduction [Newswire]
-Canada's Convenience Stores Applaud Federal Budget [Benzinga]
-Michael Kors launches ecommerce site in Canada [Marketing Magazine]
-Nike Golf Canada teams up with Angus Glen [Marketing Magazine]
Canadian News - Region-by-Region:
-Former Target employees burn their shirts [Campbell River Mirror]
-Kudrinko’s certified as true Canadian green grocer [Canadian Grocer]
-Iqaluit residents vote 'yes' to proposed beer and wine store [CBC]
-Tuktoyaktuk store manager's novel approach to shoplifters (great positive story) [Yahoo Canada]
-Spirits could hit grocery stores too - eventually [Toronto Sun]
-Is H&M Taking Advantage of Canadian Students in Toronto? [Style Democracy]
-Newly redesigned CAA Burlington Store opens its doors for business [Newswire]