Canadian Retail News From Around The Web: January 11, 2017
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Our Articles of the Day:
1) William Ashley to Relocate Mink Mile Store
The world’s most comprehensive tableware/giftware/gourmet kitchenware retailer is relocating to a spectacular space at Canada’s most prestigious retail address.
2) Nordstrom Appoints New Canadian Vice President, Announces 6th Rack Location
Nordstrom has appointed a new regional vice president to operate its Canadian division, and it has also announced another Nordstrom Rack location.
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Top Stories - National:
-Hudson’s Bay shares tumble as retailer lowers outlook again (The Globe & Mail) and HBC reduces earnings forecast, echoing U.S. retailing woes (Toronto Star)
-Freshii seeks to raise $109 million via IPO to fund 160 new restaurant openings in 2017 (Financial Post)
-Gildan wins auction for American Apparel, pays $88M for the brand — but not the stores (CBC)
-Inside Frank + Oak’s big plan to expand its fashion brand to women (Canadian Business)
-Lululemon Is 'Immune' to Political Landscape, CEO Potdevin Says (The Street)
-IKEA Canada announces Marsha Smith to Lead Canadian Organization (NewsWire) and Ikea Canada names 13-year company veteran from U.K. as president (CTV)
-Aritzia reports 20% jump in revenue in fiscal Q3 (Business In Vancouver)
-Brewers get creative with distribution (London Free Press)
-Vitality selects Acosta Canada Corporation as national Canadian Broker (Yahoo)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Loblaws' Box store in Orléans to close Jan. 14 (Ottawa Community News)
-Holidays ‘encouraging’ for future of LCBO online ordering, retailer says (Toronto Star)
-Donair success helps Tony’s Meats go national (The Chronicle Herald)
-Shake Shack [pop-up] is coming to Toronto (BlogTO)
-Carling Avenue businesses eagerly await invasion of military workers (Ottawa: CBC)
-Tridel's Via Bloor Condos, Retail Coming to North St. James Town (UrbanToronto)
-Starbucks is keeping its boozy Evenings menu in Toronto (BlogTO)
-Sobeys store manager in Nova Scotia helps staff with disabilities realize their potential (Canadian Grocer)
Western Canada: BC/AB/SK/MB
-Southland Mall's New Owners Hope To Fill Long-Standing Vacancies (Pembina Valley)
-Pattison merges John Deere dealership chains (Manitoba Cooperator)
-Local Whistler jewelry maker finds inspiration in opal (Whistler Question)
-Staples closed in Estevan, and I want to cry (News Optimist)
-The future of Chinatown in Calgary (The Weal)
-Edmonton marijuana information shop opens in Old Strathcona (Edmonton Journal)
-Thieves smash and grab ATM machine from Okotoks gas station (640News)
Our Previous Articles:
-Theory to Enter Canada with Store Locations
-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]
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