Canadian Retail News From Around The Web: February 22, 2017
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Our Articles of the Day:
1) Saks OFF 5TH Announces 5 Store Opening Dates for this Spring
HBC's off-price concept continues to make a major push into Canada. As of this spring, it will have opened 14 stores in this country — a remarkable feat, considering its first Canadian locations opened last March.
2) Upper Canada Mall to See Significant Investment
The shopping centre's Target space will be expanded further for new tenants, including a unique yet-to-be-named, first-to-market, multi-vendor grocery concept.
3) Controlling Costs in a Shifting Retail Landscape
The bottom line is under attack, as shifts in consumer behavior and expectations have permanently changed the Canadian retail landscape.
4) Lightspeed Reaches eCommerce Customer Milestone
The Montreal-based company has signed 10,000th eCommerce customer - a media personality from Quebec.
Top Stories - National:
-How Harry Rosen is tailoring itself to an evolving men's fashion industry (Macleans)
-Walmart Canada posts flat same-store sales as U.S. parent gets boost from online growth (Financial Post) and Wal-Mart Canada's sales soften in fourth quarter (Globe & Mail)
-Bench + Scotch & Soda Canadian stores in trouble, Freemark Apparel files for creditor protection (StyleDemocracy)
-It's’s time for Canada to drop tariffs on Internet imports (Globe & Mail)
-Food fraud worries more than half of Canadians: study (CTV News)
-Rollback: Wal-Mart to focus more on everyday low pricing initiative (Globe & Mail)
-Tim Hortons owner confirms $1.8-billion acquisition of Popeyes (The Globe & Mail)
Canadian News - Regional:
-These stores have nothing to hide from the customer (BC Business)
-Canadian Dispensaries: Why Vancouver Allows Them but Toronto Doesn’t (Leafly)
-Toronto retailers feel impact of Italian olive oil price hike (Metro Toronto)
-Landlord who loves Mount Pleasant helps indie businesses stay strong (Metro Vancouver)
-Downtown Kamloops: dying or thriving? (CBC)
(Continued Below)
-Alberta Gift Fair showcases new and returning exhibitors (MarketWired press release)
-New B.C. liquor laws complicate retail leases (Remi Network)
-Saskatchewan's wholesale trade trends down in 2016 (Global)
-Filipino food chain Jollibee draws crowd in Winnipeg (Western Investor)
-These stores have nothing to hide from the customer (BC Business)
Our Previous Articles:
-Le Labo to Open 1st Canadian Store
-Simons Reveals Calgary Opening Date, Details and Store Renderings
-Saks Fifth Avenue Marks 1st Year in Canada with Remarkable Growth
-Browns Shoes Announces 3 Store Spring 2017 Expansion
-Why More Retailers Have Announced Store Closings and Bankruptcies in Canada in 2017 [Q&A]
-eTail Canada Conference Releases Full Agenda, Featuring 70+ Speakers
-G-Star RAW Launches Canadian Mall Expansion
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