Canadian Retail News From Around The Web: February 25, 2016
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Photo: Saks
Our Articles of the Day:
1) Mahée Perfumes to Open 1st Flagship in Montreal
2) Saks OFF 5TH Announces First Canadian Opening Dates
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Top Stories - Canada:
-Loblaw profit drops by more than one-third on writedown, special items [Globe & Mail]
-Gildan Activewear Inc gets Q4 sales bump from T-shirt sales, reports US$67.6 million profit [Financial Post]
-Lowe’s Canada posts third straight year of double-digit sales growth ahead of Rona merger [Financial Post]
-For Canadian pharmacies, pot is a gateway drug with high upside [Globe & Mail]
-Battle looms in Canada over lucrative recreational pot market [Globe & Mail]
-Loblaw targets millennials with recruitment campaign [Marketing Magazine]
-Cindy Mahoney named Hallmark Canada President [Newswire]
-Benefit Cosmetics to Bring “Bold Is Beautiful” Charitable Initiative to Canada [Cosmetics Magazine]
Canadian News - Regional:
Western Canada/North: BC/AB/SK/MB
-London Drugs confirms plans to sell legalized pot from their pharmacies [Vancouver Province]
-True North Square will bring grocery store to downtown Winnipeg [Global]
-Grocery Grind: Albertans forced to change grocery habits amid economic downturn [Global]
-Leon's Furniture taking over four Sears Home stores in B.C. [BIV]
-In NWT, new recycling fees for TV, laptop, tablet buyers [CBC]
-Bike share CEO promises not to undercut Vancouver bike rental retailers [Vancouver Courier]
Central/Eastern Canada: ON/QC/Maritimes
-Quebec retailer Simons spreading its wings with first Ontario outlet [Globe & Mail]
-The Montreal company shaking up luxury fashion, one pair of $860 sweatpants at a time [Globe & Mail]
-IKEA set to open St. Catharines location [Niagara This Week]
-HMV closing Bloor Street store [BlogTO]
-Le Château gives to local charities [The Suburban]
-Saks Fifth Avenue and the depressing spread of fashion standardization: Mallick [Toronto Star]
-What's changed in Ontario grocery stores since beer sales started [CBC]
-What to expect when Simons opens at Square One [Style Democracy]
Our Previous Articles:
-Links of London Opens at Ogilvy
-De Beers Opens 2nd Freestanding Canadian Store
-Herschel Supply Plans 1st Freestanding Canadian Store
-H&M Readies Massive Canadian Flagship Re-Opening
-Innovative Homegrown Knife Retailer Plans National Expansion
-Nordstrom Reveals Eaton Centre Rendering and Details
-Inside Saks Fifth Avenue's 1st Canadian Store [Photos]
