Canadian Retail News From Around The Web: May 15, 2017
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Our Articles of the Day:
1) MINISO Enters Canada with Aggressive 500 Store Expansion
The ‘Japanese lifestyle brand’ plans to disrupt Canadian retail by opening as many as 500 stores, competing with the likes of Uniqlo, Muji and Dollarama
2) Lightspeed Partners with Lender to Help Independent Canadian Retailers Grow
The Montreal-based company has partnered with an innovative small business online lender OnDeck.
Top Stories - National:
-Aldo shoe empire founder donates $25-million to McGill (for a new retail-focused school) (Globe & Mail) and Aldo Bensadoun on Why He Donated $25M to McGill University (Footwear News)
-Cadillac Fairview EVP Believes Malls will Survive Retail Disruption Thanks to Focus on Services (Betakit)
-As Nordstrom Prepares To Launch More 'Rack' Stores, Keep An Eye On Canadian Comps (Benzinga)
-Android Pay showing up on devices, still not functional in Canada (Mobile Syrup)
-Sport Chek Stung By Weather Woes In Q1 (SGB Media)
-Rise of the veggie snack pack: How marketers are selling fresh produce to kids (CBC)
-Stornoway Announces Launch of Québec Diamond Sales with Birks (Stockhouse)
Available to 'Unlimited' paid scribers, and free for mobile app users: Specialty, discount retail earnings set to echo wider sector's woes (Globe & Mail)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Sleep Country Expands in London, Ontario (Newswire press release)
-Wheaton's reopens in Berwick after fire gutted business 1 year ago (Nova Scotia: CBC)
-UPDATE: Canadian Tire purchases Charlottetown-based Padinox Inc. (The Guardian/PEI)
-New Sobeys Express in Charlottetown to offer meal solutions (The Guardian/PEI)
-Retail watch: Librairie Astro in Montreal is having financial troubles but you can help (Comicsbeat.com)
-Toronto's Beguiling Comics Store Relocates (Publishers Weekly)
-Armed robbery prompts partial evacuation of Fairview shopping centre (Montreal: CBC)
Western Canada: BC/AB/SK/MB
-Ingledew’s bankruptcy highlights shoe-sector struggles (with comment from Retail Insider's Craig Patterson: Business in Vancouver)
-Eyewear competition spikes as industry consolidates (with comment from Retail Insider's Craig Patterson: Business in Vancouver)
-London Drugs Launches First-Ever In-Store Optical Clinic (SYS-CON)
-Design Quarter Winnipeg aims to promote Downtown, Exchange and The Forks (Winnipeg: CTV)
-Richmond Night Market To Debut Massive Winter Magic Festival (604 Now)
-Pop-up retail park coming to the East Village in June (Calgary: Global)
-Farmers market offers consumers chance to buy local (Lethbridge Herald)
Our Previous Articles:
-New Era to Close Queen Street Flagship
-2017 Excellence in Retailing Awards Finalists Announced
-Yorkville Avenue Transitioning to Become a Luxury Retail Street [Feature/Photos]
-London Drugs’ Clint Mahlman Wins Prestigious Canadian Retailer of the Year Award
-Why Retail Should be a Priority in Urban High-Density Developments
-Sleep Country Canada Takes on Casper
-MCM to Open 1st Freestanding Canadian Store this Fall
-Nordstrom Prepares to Open CF Sherway Gardens Store
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