Canadian Retail News From Around The Web: February 24, 2017
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Our Article of the Day:
Organic Grocer Launches Ontario Expansion
The retailer is seeking retail space throughout the region, including in Toronto’s burgeoning core, which continues to see explosive growth.
Top Stories - National:
-How Costco Canada breaks retail rules to win (Financial Post) and Inside the ‘treasure hunt’: The five keys to Costco Canada’s success (Financial Post)
-Loblaw’s taking the click-and-collect route as retail rivals expand home deliveries (Financial Post) and Loblaw’s profit climbs 57 per cent to $201 million (Toronto Star)
-Special code means shoppers charged full price for sale items could get them free (CBC News)
-Swelling household debt likely to slow consumer spending: Conference Board (The Globe & Mail)
-Hudson’s Bay Company Announces Comparable Sales Results for the Fourth Quarter (BusinessWire) and Hudson’s Bay Co posts lower quarterly sales due to weak Saks and Gilt operations (Financial Post)
-Lululemon’s Former CEO Really Needs His Own Bravo Show (nymag.com) and Lululemon Is Doing Just Fine Even If Its Outspoken Founder Thinks Otherwise (TheStreet)
-Gildan to keep making some American Apparel styles in U.S. (The Globe & Mail)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Now Open: Vegan empire sprouts a retail boutique In The Imperative (Toronto Star)
-Historic Yonge Street building for sale — starting at one dollar, [retail space] (Metro Toronto)
-Mirvish Village: where are they now? (NOW Toronto)
-What Honest Ed's looks like as a giant art maze (BlogTO)
-Toronto clothing brand accused of 'exploiting the homeless' (CTV News)
(Continued Below)
-P.E.I. retailers post strong sales in 2016 (CBC News)
-Gap store in Avalon Mall closing in April (CBC News: Newfoundland & Labrador)
-Marshalls coming to Thunder Bay in 2018 (TBNewsWatch)
-Telus goes big with new flagship store in Halifax (LocalXpress)
-Book Nook closes after 34 years of selling used books in Truro (Truro Daily News)
Western Canada: BC/AB/SK/MB
-Edmonton Walmart stores now allow pickup of online grocery shopping (Edmonton Sun)
-Sask. sees retail sales growth in December 2016 (Moose Jaw Times)
-Manitoba retail could see repeat performance (Winnipeg Free Press)
-Alberta retail sales jump in December (Calgary Herald)
-New program eases residents' grocery shopping woes (High River Times)
Our Previous Articles:
-Nordstrom Launches ‘The Lab’ at 2 Canadian Flagships
-Independent Optical Retailer Sees Success Through Personalization And Unique Store Design
-Saks OFF 5TH Announces 5 Store Opening Dates for this Spring
-Upper Canada Mall to See Significant Investment
-Lightspeed Reaches eCommerce Customer Milestone
-Controlling Costs in a Shifting Retail Landscape
-Le Labo to Open 1st Canadian Store
-Simons Reveals Calgary Opening Date, Details and Store Renderings
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