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Canadian Push 8-15-14


Target's new Canadian Chief Outlines Plan to Fix Empty Shelves & High Prices  From too many items jammed in its warehouses to pricing that is too high because 1,000 of its products failed to go through the retailer’s price comparison checks, the new boss has a plan. The Canadian snags hit the bottom line, with an operating loss of almost $1-billion (U.S.) in its division here last year and another $211-million in its first quarter of 2014. The new Target leader hired two consultancies to help analyze supply chain systems, inventory order lead times, prices and merchandise offerings. He’s now aiming to win over shoppers by lowering some prices, introducing more goods available in its U.S. stores as well as products for Canada only and streamline bogged-down distribution procedures to get merchandise to stores faster. According to consultants Target has the know-how to fix the problems. But it will have a tougher time recovering from the “bad first impression” it made on Canadian shoppers. “They’re going to have to claw their way back.” (Source

Department stores have best growth opportunity in Canada - This speaks well for HBC's growth plans  According to a new study from market research firm IbisWorld, the U.S. retail segment best suited for expansion into Canada is department stores, followed by men’s clothing stores. In order, the remainder of the top five U.S. retail categories primed for expansion into Canada are shoe stores, auto parts stores, and lingerie, swim and bridal stores. According to IbisWorld analysis, U.S. industries best suited to expand into Canada are characterized by slow growth and a high level of market share concentration, with few dominant major players generating the majority of industry revenue. In contrast, Canadian industries primed for entry tend to be fragmented and exhibit low levels of market share concentration; these industries are especially appealing if they consistently post revenue growth. (Source

Fire crews rush to Calgary's Market Mall after explosion in diamond store  A pressure cleaning system is being blamed for an explosion at Market Mall on Monday. Emergency crews were called to the northwest building around 7:30 p.m. When they arrived, firefighters found signs of an explosion at the rear of Maggie’s Diamond Boutique. is believed that a malfunctioning pressure cleaning system ruptured and damaged the store. No one was injured. (Source

Target to open 3 more Canadian locations this fall
Target will open three more Canadian locations this fall, bringing its total store count to 130. Two locations are in Ontario, and one in Manitoba. (Source

Visa won't reimburse pet shop owners after fraud scam

Arrest made in armed robbery at London pharmacy

Fredericton Police locate accused Shoppers Drug Mart robber

Armed Robbery at 7-Eleven in Hinton, AB

Lone male steals money from register at St Catherine's Canada Chex Sports store

Canadian Push 8-15-14
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