Canadian Retail News From Around The Web: August 3, 2017
/Our Articles of the Day:
1) Canada’s Luxury Department Store Wars [Feature]
An expert weighs in on challenges, who's the best, and who is most likely to survive.
2) ALDO to Acquire Vince Camuto Shoes
The massive Canadian footwear company will take over the footwear and accessory business of the American giant.
3) Opening this Saturday: Drake to Open OVO Flagship at Toronto's Yorkdale Shopping Centre
We first broke the news on June 1 and Drake just made the announcement via video which includes a Cadillac Escalade driving through the mall, instantly turning Yorkdale into an international tourist attraction.
Top Stories - National:
-Beyond 'mommy guilt': Why the meal kit business is increasingly on our menu (Financial Post)
-Pattie Lovett-Reid: The retail landscape is changing – not dying (BNN)
-McCain names new CEO after losing Dirk Van de Put to Mondelez (Globe & Mail)
-Sears Canada Announces Director Resignation (Benzinga)
-There's no place like home (eShopping: Globe and Mail)
(Continued after the advertisement -- Peregrine is Western Canada's largest retail fabricator)
-Cineplex reports lower profit and lower attendance (CBC News), Minimum wage hikes ‘sad to see’: Cineplex CEO (BNN Canada)
-Looming legalization spurs 'massive interest' in marijuana retail (CBC News)
-Sleep Country revenue up 10.7% as same-store sales increase (BNN Canada)
-A winning formula? China invests in Canadian dairy to help feed its baby boom (CBC News)
-Tim Hortons owner posts weak sales amid ongoing franchisee revolt (Financial Post), Tim Hortons Raises Prices As Chain Prepares Expansion Into Spain (Huff Post), Restaurant Brands signs joint-venture deal to take Tim Hortons to Spain (CTV News), Tim Hortons just increased prices — and Canadians are furious (Business Insider)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Goodbye café, hello pot shop: Dartmouth residents upset about new store (CBC News)
-OVO flagship store opening at Yorkdale Shopping Centre (CP24)
-Storm rips Petche's Shoes sign off store in downtown Kitchener (CBC News)
-Mid-Week Mugging: Joe's Sports and Surplus (Soo Today)
-Cross-border beer battle impacting NS businesses (CTV News)
-Loss of internet throws Bracebridge businesses into pre-digital era (Muskoka Region)
-The toy that's about (almost) nothing (re: Fidget Spinners: Suburban Newspaper)
Western Canada: BC/AB/SK/MB
-Edmonton sees surge in Alberta stores setting up in local shopping malls (Global)
-Smoky Lake's Winding Road Cheese places at prestigious American cheese contest (Edmonton Journal)
-Pirate Joe's Ordered To Stop Reselling Trader Joe's Products (Law360)
-Kendrick Lamar's DAMN. pop-up attracts lineup of hundreds in Vancouver's China Town (Straight)
-BC berry farmer targets Asian enzyme drink market (Business In Vancouver)
-English sign coming to No. 3 Road Canadian Tire (Richmond News)
-Parkade, retail complex set to rise (Winnipeg Free Press)
-Oscar Lopez expands Pampa restaurant to Ellerslie (Edmonton Journal)
Our Previous Articles:
-Lululemon Unveils Overhaul to its 1st Store [Photos]
-Babaton Launches National Store Expansion
-SHAPE Announces L Catterton Partnership for Groundbreaking 'The Amazing Brentwood' Redevelopment
-Joe Fresh Expands Size Ranges [Brief/Photos]
-Seriously? Still focused only on Email and not Mobile Acquisition?
-Holt Renfrew Unveils Impressive New Vancouver Beauty Hall [Photos]
-Millennials Changing Canadian Retail Inside Out
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