Retail News From Around The Web: May 11, 2015
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Photo: elitetraveler.com
Our Article of the Day:
Italian Luxury Brand Kiton Opens 1st Free-Standing Canadian Location
*Today's E-News is sponsored by Vancouver-based Peregrine, which custom designs and fabricates retail, display, furniture and architectural features for some of the country's top retailers.
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Top Stories - Canada:
-Lowe’s inks deal to buy 13 Target Canada stores and an Ontario distribution centre for $151-million [Financial Post]
-5 reasons why retailers are gun shy about former Target stores [Global]
-Canada Post's new venture misses the point of home delivery [Toronto Star]
-Shoe museum founder Sonja Bata: 'We are buying a lot of junk' [Globe & Mail]
-Car shopping sucks, so this company came up with a way to make it better [Financial Post]
-Canadian employers shed jobs as retail sector contracts [Globe & Mail]
-Wal-Mart buying 13 of the former Target Canada locations [CTV]
Canadian News - Region-by-Region:
-Chinook Centre, Market Mall among top-producing Canadian malls (based on our study last week) [Calgary Herald]
-Ste-Catherine St. in transition [Montreal Gazette]
-Montreal's commercial development gets a shot in the arm [Montreal Gazette]
-How a new breed of vending machine is poised to take on retail [Toronto Star]
-Longo’s rolls out Nutella crêperie [Canadian Grocer]
-LCBO keeps its discount booze sales secret [Toronto Star]
-Luxury cars, light trucks driving BC vehicle sales [Business in Vancouver]
Trending Topics:
*Update: DTZ to buy Cushman & Wakefield for $2 bill [Reuters]
-Golden Gate Capital in advanced one-on-one negotiations to acquire Ann Taylor [CNBC]
-American Apparel ex-CEO Charney sues investor for defamation [Yahoo]
-High-End Culture Comes to Shopping Malls [New York Times]
-Sears future may include slimmed down stores [Chicago Tribune]
-Net-a-Porter unveils shoppable social app [Fierce Retail]
-Staples, Microsoft partner to offer consumers program that matches consumers with correct Microsoft device [Betanews.com]
-Report: Judge won’t block Target-MasterCard settlement [Chain Store Age]
Our Previous Articles:
-Canada's Top 20 Most Productive Shopping Centres
-Aritzia Opens Massive Saint Catherine Street Flagship
-Saks Fifth Avenue Reveals Renderings of its First Canadian Stores, on New Website
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