Canadian Retail News From Around The Web: February 19, 2016
/Top Stories - Canada:
-Saks, Nordstrom seek to compete in 'crowded' Canadian luxury market [CBC]
-Canada’s retail sales fall most since 2010 in December [Globe & Mail]
-More Canadian shoppers turning to Walmart amid shaky economy [Global]
-Canadian Tire to ‘selectively’ look at raising some prices, CEO says [Globe & Mail]
-Canadian Tire Corp boosts earnings despite sliding revenue [Financial Post]
-Shopify CEO says feds plan to tax stock options will hurt startups [CTV]
-Montreal's Groupe Marcelle buys Lise Watier Cosmetiques with help from Caisse de depot [CTV]
-Retailers METRO and Sobeys look to extend global reach [Hydrocarbons21.com]
Canadian News - Regional:
Western Canada: BC/AB/SK/MB
-B.C. uncorks rules to licence VQA wineries in grocery stores [CTV]
-People are lining up at Holt Renfrew Vancouver for Kanye West's Shoes [Vancity Buzz]
-On-demand booze delivery a first in Edmonton [Edmonton Journal]
-Bernard brings spirit of Goodwill [Alberta Daily Herald News]
-Gas prices jump 20 cents [Sherwood Park News]
Central/Eastern Canada: ON/QC/Maritimes
-Grand opening set for local IKEA pick-up/order store [St Catherines Standard]
-Jordan Brand's 306 YONGE in Toronto to Reopen This Summer [Slam]
-Discount retail giant Wal-Mart plans second store in central Kingston [Kingstononline.com]
-Saks opens first Canadian store [Toronto Star]
-'Cash mob' rallies to help struggling store [Comic Book Resources]
Our Previous Articles:
-Inside Saks Fifth Avenue's 1st Canadian Store [Photos]
-Nordstrom Rack's 1st Canadian Location Revealed
-Lindbergh Plans Aggressive Canadian Store Expansion
-Prada Reveals Vancouver Flagship Renderings and Details
-Holt Renfrew Reveals New Square One Details and Renderings