Canadian Retail News From Around The Web: January 10, 2017
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Our Article of the Day:
Theory to Enter Canada with Store Locations
The New York City-based fashion brand has plans to open freestanding Canadian locations, and has retained a leading brokerage to assist with its real estate search.
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Top Stories - National:
Update: Gildan Activewear Inc wins auction to buy American Apparel for about US$88 million (Financial Post)
-Hudson’s Bay cuts revenue forecast citing challenging U.S., Europe environments (Financial Post)
-Whole Foods Market cancels Alberta openings as Canadian expansion plan slows (CBC News) and Whole Foods cancels Alberta openings as Canadian expansion plan slows (The Globe & Mail)
-Lululemon Athletica Inc raises lower end of Q4 estimates; outlook remains on track after strong holiday season (Financial Post)
-First Liv store in Canada to open this week (Bicycle Retailer)
-Aritzia reports Q3 loss on one-time charge, sales up 20% from a year ago (BNN)
-Nordstrom brings visibility to South Korean products in temporary KPop-In shops (LuxuryDaily)
-Canada bright spot for jeweller Michael Hill (Sydney Morning Herald)
-Golden Leaf Holdings Receives Approvals for Recreational Retailer, Processor and Wholesaler Licenses (MarketWired)
-Obituary: Walter Hachborn, co-founder of Canadian chain Home Hardware (The Globe & Mail)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Raffi Jewellers Inaugurates New Rolex Boutique in Mississauga, Ontario, Canada (CNW Press Release)
-Parents upset by Upper Canada Mall's plan to close children's play area (York Region)
-Temporary Shipping Container Market Proposed Near Toronto's Fort York (UrbanToronto)
-No Walmart in new Kingston North end plaza (CKWS)
-Mixed-use plans for Golden Mile Shopping Centre (REMI)
-Business owners lose everything as fire destroys Laval strip mall (CTV News)
-Parents upset by Upper Canada Mall's plan to close children's play area (York Region)
-8-Storey Queensway Condo Proposal on Beer Store Site (UrbanToronto)
-Claridge to unveil expanded Ottawa's LeBreton Flats condo vision tonight [with grocery store] (CBC News)
-Quebec grocery store celebrating $60 million lottery ticket sale (CTV News)
Western Canada: BC/AB/SK/MB
-Downtown Vancouver's Rocky Mountain Chocolate Factory is getting a makeover on Robson Street (Straight)
-High Street Mile race designed to bring attention to area merchants after bridge delay (Edmonton: News900)
-One cold city: Winnipeg's 2 km skywalk system 'developed out of desperation' (CBC News)
-Homeless in Vancouver: Marketing opportunity with a hip U.S. clothing chain (Straight)
-Craft brewing industry hopping, looking to draw visitors in Saskatchewan (Regina Leader Post)
-Pond Inlet youth entrepreneur founds thrift shop business (CBC News: North)
-A first-rate guy selling second-hand goods: Dan Hayward employs 'the people nobody will hire' (Yellowknife: CBC North)
Our Previous Articles:
-2017 Canadian Retail Forecast [Analysis]
-The Rec Room Announces Canadian Shopping Centre Expansion
-Cadillac Fairview Announces CF Masonville Target Space Redevelopment
-Saks OFF 5TH Announces 1st Montreal Store Opening
-Filson Announces Canadian Expansion with 1st Store
-Chanel Closes Mink Mile Flagship Ahead of Relocation [Photos]
-Van Cleef & Arpels to open 1st Freestanding Toronto Store
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