Canadian Retail News From Around The Web: March 15, 2017
/Our Article of the Day:
Old Navy to Launch 8 Canadian Stores in 2017
“Business is booming” for the popular retailer, which plans to expand its Canadian operations from 78 stores to 100 or more by the year 2020. The retailer’s success could be further indication that Canada’s retail is polarizing at the “high” and “lower” end, while many mid-market brands struggle and in some instances, shutter.
Top Stories - National:
-Hudson’s Bay Co in talks to buy Neiman Marcus in deal excluding debt, WSJ reports (Financial Post)
-Couche-Tard posts 4.7 per cent rise in profit (Globe & Mail)
-The Competition Bureau applies strict standards to retail price claims in Canada (jdsupra.com)
-More Hatchimals are on the way, despite botched holiday launch of originals (CBC)
-Canadian Costco customers will be happy to swallow fee increase (Regina Leader Post)
-Bakers see bread protein-boosted by peas is the way of the future and look for a made-in-Canada solution (Financial Post)
-PETA Wants To Roast Canada Goose (Benzinga)
-Tim Hortons franchisees push back against cost-cutting changes, report suggests (CBC)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-1 Million Pounds Diverted from Landfills through Salvation Army Thrift Store and Region of Peel Partnership (Peel Region)
-Marshalls mania: Crowds greet newest Stavanger Drive shop (Newfoundland: CBC)
-Quebec food banks to get unsold surplus grocery store food (CTV)
-Toronto's Salvage Shop needs a new home (Toronto Star)
-NB group studies how to approach retail sales of marijuana (CBC)
-Nutritious food options should also be affordable (The Londoner)
-Provincial booze levy a death tax for distillers (Toronto Sun)
-Scarborough pharmacist's instincts and training save customer's life (Inside Toronto)
Western Canada: BC/AB/SK/MB
-Calgary mashing up residential and commercial zones with new mixed-use district (MetroNews)
-City hall wants to pour $20M into True North Square project (Winnipeg Free Press)
-Is Vancouver the craft beer capital of North America? (Vancouver Sun)
-Native Shoes Appoints President (SGB Media)
-Condo tower may rise at former site of Harvey’s Furniture, an old Vancouver landmark on Kingsway (Straight.com)
-Ladysmith adds ban on retail marijuana to bylaw (Ladysmith Chronicle)
-City council look at possible legal pot shops in Edmonton (MetroNews)
Our Previous Articles:
-Saks Flagship Wins International Design Award [Video/Photos]
-Yonge Street Hard Rock Cafe to be Replaced with Flagship Shoppers Drug Mart
-Adidas Launching Unique-to-Canada Store Expansion
-Saks OFF 5TH Announces 2 More Canadian Stores
-CF Market Mall Announces Expansion
-Outlet Collection Winnipeg Announces Opening Date and List of Tenants
-Canada’s Growing Affluence Supports Expanding Luxury Retail
-Cutting-Edge Eyewear Retailer Opens 1st Canadian Store
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