Canadian Retail News From Around The Web: December 8, 2016
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Our Article of the Day:
Luxury Brands Increasingly Choosing Suburban Canadian Malls [Analysis]
Luxury brands are opening in suburban malls, often foregoing traditional urban street-fronts. Could the ‘Americanization’ of Canadian luxury retail threaten downtown cores?
Top Stories - National:
-Moose Knuckles reaches deal with Competition Bureau over made-in-Canada concerns (Financial Post)
-Lululemon beats profit estimate despite changing fashions (The Globe & Mail) and Lululemon Athletica profits shoot up 28% for the quarter, company raises outlook for the year (Financial Post)
-Dollarama reports better-than-expected profit (Globe & Mail) and Dollarama's profit jumps 10% on more in-store spending (BNN)
-Mall shopping on decline, experts say (Global News)
-Commercial real estate sales continue at record pace with no slowdown in sight (Global News)
-Costco's profit beats estimates on higher fresh food sales (BNN)
-Hudson’s Bay Co. tumbles with sluggish department-store demand (Toronto Star)
-Hubba, the ‘holy grail for brands, retailers and product influencers,’ receives funding from Goldman Sachs (MobileSyrup)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Retailers with Operations in Quebec – Guide on changes in the regulations on use of trademarks on signs (Retail Council of Canada)
-Developer with sights set on iconic Yorkville hippie hangout hits snag (CBC News)
-New Ontario booze tax saps craft distilleries’ spirit (Toronto Star)
-LCBO confirms new store openings (BlogTO)
-The singular beauty of the stores in Kensington Market: its people (NOW Magazine)
-New development could completely transform Toronto's King and Bathurst (BlogTO)
-New Ontario booze tax saps craft distilleries’ spirit (Toronto Star)
-Bonsai App Launches with Alec Monopoly at Dundas Square (PRN)
-The Beguiling comic shop prepares for move from Mirvish Village (Quill & Quire)
-'It's taking away from the real cause': Charlottetown thrift store sees increased theft, vandalism (CBC News)
-Honest Ed's gives tons of frozen turkeys to charity (CityNews)
-Kids and cops take over Halifax Shopping Centre (Global News)
Western Canada: BC/AB/SK/MB
-Labour shortages squeezing B.C. restaurants, retailers (Times Colonists)
-New cart bylaw could hit stores (Langley Advance)
-28-storey condo tower proposed for Wild Earth Bakery site [1,000 sq. m of retail] (Edmonton Journal)
-The Soap Dispensary opens holiday pop-up shop on Main Street with plans for expansion in 2017 (Vancouver: Georgia Straight)
-Small businesses thrive in Lund (PRPeak)
-Goodbye to old store, hello new era — Kootenay Co-op (Nelson Daily)
-Soulful Memories: One year in, store houses eclectic international mix (Cowichan Valley Citizen)
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Our Previous Articles:
-L'Éclair de Génie to Open 1st North American Retail Location
-BUILD IT By Design Expanding into High-End Retail
-How Square One Became One of Canada’s Top Malls
-David Yurman Expanding Canadian Operations
-Consonant Skincare Eyes Expansion [Feature]
-MEC Continues Unprecedented Store Expansion into 2017
-Swimco Expanding Canadian Operations Eastward
-Study Discusses Primary Drivers of Holiday Consumption in Canada
-NYX Cosmetics Plans 2017 Canadian Expansion
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