Retail News From Around The Web: April 23, 2015
/Trending Topics:
-Tesco posts record £6.4bn annual loss [BBC]
-5 reasons unconventional German grocery store Aldi has a huge cult following [Business Insider]
-Ticking off 'guests' is a good thing for Target (they certainly succeeded in Canada) [Fierce Retail]
-Study: Online retailers expect to increase revenue 17% [Chain Store Age]
-Under Armour apparel revenue grew 21%, footwear 41% in latest quarter [Wall Street Journal]
-Amazon simplifies travel with launch of Destinations [Fierce Retail]
-eBay beats Street with Q1 results [Chain Store Age]
Our Previous Articles:
-Porsche Design Halts Expansion, Closes All Canadian Locations
-West Elm to Open its 4th Canadian Location in Calgary
-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
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Top Stories - Canada:
-Sears Canada gets exclusive rights to Wayne Gretzky clothing line [Financial Post]
-Walmart Canada Switches To Variable Shipping Fees [Retail Solutions Online]
-Metro expresses interest in Target stores [Globe & Mail]
-Four things startups can learn from Target Canada's mistakes [Globe & Mail]
-The Future Of Best Buy's Future Shops [Retail Solutions Online]
-Moneris introduces 'Verify' to help fight $1.7B in Canadian retail fraud [Newswire]
-LXR&CO Has Decided to Make Mother's Day Extra Special [SYS-CON]
Canadian News - Region-by-Region:
-Consonant Skincare launches 2nd Toronto location, conveniently located in the Richmond Adelaide PATH [Consonant]
-Grocery Gateway to start delivering wine, spirits [Toronto Star]
-Time to regulate Vancouver pot businesses, says city hall [Business in Vancouver]
-Ontario craft brewers skeptical about Beer Store deal [CBC]
-Australian eyewear shop opens first Toronto outpost [BlogTO]
-Queen St. fashion boutique revamped as lifestyle shop [BlogTO]