Canadian Retail News From Around The Web: June 10, 2015
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Photo: Yabu Pushelberg
Our Article of the Day:
1) Why Telus is Shuttering Iconic BLACKS Photography
2) Original 'The Room' at Hudson's Bay Relocates and Downsizes [With Photos]
June 11, Toronto: Fraud 360 World Tour. Attend this FREE live event to learn about the most pressing issues in payment and fraud today. Register for free.
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Top Stories - Canada:
-HBC swings to $54M loss despite increasing sales [CBC]
-Hudson’s Bay Co. eyeing real estate deals, but wont say if Kaufhof chain among them [Financial Post]
-Sleep Country Canada files papers for IPO [BNN]
-Web sales are growing fast but Canadian retailers face challenges [Internet Retailer]
-Soon to be a snapshot in time, Blacks to close across Canada in August [CBC]
-Lululemon is boosting its sales overseas by using local communities as ‘testing grounds’ for new products [Financial Post]
-Lululemon Profit Tops Estimates as Fashion Push Boosts Sales [Bloomberg]
-Shoppers spending more on groceries (survey) [Canadian Grocer]
Canadian News - Regional:
-Sears Canada and Concord Pacific Announce Closing of Sale and Leaseback for Three Properties [Newswire]
-Huge Future Shop appliance sale in Toronto this week [BlogTO]
-Walmart to pilot online grocery in Ottawa [Canadian Grocer]
-Cabela's® Announces Halifax, Nova Scotia Location [Press Release]
-Sudbury seniors aren't shopping downtown: survey [CBC]
-Longo’s helps shoppers “Taste Ontario Too” [Canadian Grocer]
-No IKEA store for Sudbury – at least not yet [NorthernLife.ca]
Canadian Retailers Internationally:
-Roots Opens First Store In New York City [Huffington Post]
Our Previous Articles:
-Canada's Largest Shoe Hall Expands and Relocates
-E-Commerce in Canada in a Sorry State
-International Sales Director Employment Position
