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Canadian Push 12-13-13

Canada's high-end retailers are getting ready for a fight and Hudson's Bay Corp is racing to ward off the Nordstrom invasion of Canada - Watch out for Holt Renfrew right beside you  With Canada's lagging behind in e-commerce offerings HBC is over-investing in it now. especially with Nordstrom coming north soon. U.S. high-end retailer Nordstrom Inc. will arrive in Canada next fall, with plans for as many as 10 full-line stores as well as up to 20 Rack outlet stores, and a goal of $1-billion in annual sales. Mr. Baker will bring Saks to Canada within the next two years, with plans for seven or eight stores along with as many as 25 of its Off 5th discount outlets. Other high-end players, including Holt Renfrew and men’s clothier Harry Rosen, are also working to raise their game. “There are a lot of competitors in the marketplace that are vying for similar space,” Mr. Penalosa said. There’s a sense of urgency,” said Michael Penalosa, managing principal at retail specialist Thomas Consultants in Vancouver. Editors note: Canada just hasn't developed their e-commerce business and quite frankly their high-end retailers have been stagnant for years. It's going to be interesting to see how this develops. Let's hope no one pulls a Target and under-inventory's their stores and gets lambasted by the consumers. (Source

Underground retail ring busted - major fencing operation shut down in Vancouver  Police recovered around $250,000 in suspected stolen property last week inside a Vancouver apartment that was operating as an "underground retail sales centre." Police said Wednesday the apartment was stocked with thousands of items of suspected stolen merchandise, organized into different sections as one would find at a legitimate store. There were racks of men's and women's clothes, expensive, name-brand winter coats, designer jeans, and high-end wallets, purses and sunglasses. A second room was dedicated to children's clothing. The illegal store, probably advertised by word of mouth and online, was doing brisk business. Police observed dozens of customers an hour passing through the property to shop, said Const. Brian Hobbs, who was at the scene. Officers also saw people coming to the apartment to drop off bags of suspected stolen merchandise to sell. (Source

Canadian company launches no-waste gift cards
The zero-waste gift card created by Victoria, B.C.-based company kiind launched in Canada Monday. People who purchase gift cards through the company’s website are only charged when the gift is redeemed. By logging onto the website, people can purchase gift cards from big-name brands such as Nike, the Gap, Amazon and iTunes, which can either be used online or in stores. Kiind charges between 35 cents and $1 per card. Senders can set an expiry date for the cards, and recipients will receive notifications letting them know their offer is about to expire. If they never redeem the card, the sender will never be charged for the gift. (Source

Skimmers hitting Red Deer businesses in Alberta
Red Deer City RCMP have recently received several complaints about bank card fraud from people who were still in possession of their bank cards. An investigation has determined that debit machines were compromised at several Red Deer businesses, allowing thieves to steal bank card information when victims entered their bank card PIN (personal identification number) to pay for purchases. (Source

Sarnia, Ontario police arrest 3 men for 2 drug store robberies on Dec. 6 

Retail Fast Facts: November 2013


Total monthly retail sales changed by 1.7 per cent over the comparable month last year.
Total sales excluding food, automotive and gasoline changed by 1.3 per cent over the comparable month last year. Read more (Source

Canadian Push 12-13-13
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