Canadian Retail News From Around The Web: June 14, 2017
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Our Articles of the Day:
1) Minotti Launches Canadian Showroom Expansion
The upscale contemporary Italian furniture brand has launched a Canadian flagship, with more planned as it gains a foothold in the market.
2) Harry Rosen Completes Oakridge Centre Store Renovation [Photos]
Located in one of Canada’s highest performing and most exclusive malls, the store has completed a refresh to bring it in line with other recently renovated units.
Top Stories - National:
(Updated) Sears Canada says there is ‘significant doubt’ it can continue as cash crunch worsens, shares plunge (Hollie Shaw, Financial Post) and Sears Canada raises ‘significant doubt’ about its future (Marina Strauss, Globe & Mail)
-Timeline: The rise and decline of Sears Canada (CTV)
-Hudson’s Bay real-estate monetization may be inevitable, but market tepid (Financial Post)
-Neiman Marcus goes alone as sale talks with HBC reported off (CBC)
-More malls set to become mixed-use developments (RENEX)
-Dollarama Inc.: Is it 1 of the Best Growth Stocks Around? (Investing: Motley)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Queen West businesses concerned amid second straight summer construction (Toronto Star)
-Alimentation Couche-Tard keen on selling cannabis in convenience stores (CTV)
-President’s Choice event brings #EatTogether mission to life (Canadian Grocer)
-IKEA Canada breaks ground in Quebec City (MM&D)
-SPCA Thrift Store to open in July in Burnside (Halifax Chronicle Herald)
Western Canada: BC/AB/SK/MB
-Sleep Country Canada Opens State of the Art Distribution Facility in Richmond, British Columbia (NewsWire press release)
-Vancouver's Zero Waste Market rebrands as Nada, prepares launch of first brick-and-mortar store (Straight.com)
-XCMG Opens First Retail Store, Service Center in Canada (Edmonton: NewsWire press release)
-More Metro Vancouver malls are mixing housing and retail (News 1130)
-'Lack'-ing presence: Vancouver Island still not on IKEA's radar (CTV Vancouver Island)
-Overwaitea “shocked” Vancouver staff reject wine on shelves (Business in Vancouver)
-Design work under way for Oakridge (Benzinga press release)
-North Shore uncorks grocery wine shop (North Shore News)
-Winnipeg Sears locations not the main draw to malls anymore: Expert (Global News)
Our Previous Articles:
-Yorkville Village Announces Tenants as Overhaul Nears Completion [Photos/Floor Plans]
-Holt Renfrew Vancouver Pacific Centre Flagship Marks 10 Years [Feature]
-Canadian Designers to be Honoured at VMSD’s 2017 International Retail Design Conference [IRDC]
-Retail Insider Kicks Off Retail Real Estate Tours
-Eleventy to Launch North American Store Expansion in Canada [Renderings]
-COS Announces Square One Store
CF Galeries d’Anjou Announces Target Space Replacement
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