Canadian Retail News From Around The Web: June 9, 2016
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Our Articles of the Day:
1) Shumaker Plans Store Expansion After Initial Success
2) New Child-Friendly Concept Attracts Mall Shoppers [With Video]
To advertise your property/product/service/event on Retail Insider, email: craig@retail-insider.com*
Top Stories - National:
-Jones New York to close all 37 stores in Canada [Toronto Star]
-Sears Canada to adjust prices daily in bid to return to profit [Globe & Mail]
-Dollarama Inc investors getting bang for their buck as company beats profit expectations, opens eight new stores [Financial Post]
Related to above: A tale of two retailers: Dollarama profits soar, while Sears Canada falters [CTV]
-Lululemon results match Wall Street expectations [CTV] and Lululemon Athletica Inc CEO defends corporate culture days after founder blasts board [Financial Post]
-Cadillac Fairview Invests in Future Community Leaders [Newswire press release]
-Lack of women on corporate boards creates tension among shareholders [CTV]
-Specialty chocolate retailer gives customers tasty seamless treat (re: Purdys) [Chain Store Age]
-L’Oréal Canada Hires Chief Retail Officer [Cosmetics Magazine]
Available only to 'Globe Unlimited' paid subscribers (our apologies) Women’s wear chain Jones New York to close all 37 stores [By Marina Strauss, Globe & Mail]
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Massive sinkhole shuts down Rideau Street in downtown Ottawa, CF Rideau Centre evacuated [CBC]
-Caplansky's food truck parked outside locked down flagship store [Toronto Star]
-Montreal unveils 'ambitious' plan to rejuvenate downtown area (terrific news for retailers) [CBC]
-RioCan teams up with developers for Toronto real estate project (reportedly to include retail) [Globe & Mail]
-Monkey's Paw flees rent rise, goes west (bookstore) [Toronto Star]
-Pre-paid credit-card fees can add up to be a 'rip-off' [Nova Scotia: CBC]
Western Canada: BC/AB/SK/MB
-Regina Lowe's welcomes new canine staffer [Global News]
-City ramps up fight against illegal marijuana dispensaries [Business in Vancouver]
-Expanded Vancouver Chanel store sells $3 million broach [Business in Vancouver]
-Photos: Esprit relaunches in Metro Vancouver [Straight.com]
-Grant Park Canadian Tire opening June 23rd [Winnipeg: MyToba]
-Thieves get creative, defraud Artists Emporium in credit card scam [Winnipeg: CBC]
-Hits keep coming for struggling Calgary businesses facing rising costs and shrinking sales [Calgary Herald]
-Environmentally-friendly caterpillar pesticide flying off shelves [Saskatoon: CBC]
Our Previous Articles:
-Chanel Opens Flagship Concession in Vancouver [Photos]
-Saks OFF 5TH Announces 2nd Edmonton Location
-Reitmans Secures Prime Sainte Catherine Street Retail Building
-La Maison Simons Reveals New Ottawa Store Details
-NYX Cosmetics Plans Canada-Wide Store Expansion
-Indochino Opens 1st Enclosed Mall Location [Photos]
To advertise your property/product/service/event on Retail Insider, email: craig@retail-insider.com*
