Target's Executive VP and Chief Marketing
Officer who was leading their "Canadian Push" resigns
to take the president's position at JCPenney.
This could have some impact, but won't slow it down at all.
Canada ranks No. 1 in
Forbes annual look at the Best Countries for Business.
While the U.S. is paralyzed by fears of a
double-dip recession and Europe struggles with sovereign debt issues, Canada's
economy has held up better than most. The $1.6 trillion economy is the ninth
biggest in the world and grew 3.1% last year. It is expected to expand 2.4% in
2011, according to the Royal Bank of Canada. Canada is the only country that
ranks in the top 20 in 10 metrics Forbes considered.
Ray-Bandits target Windsor, Ontario, Sunglass
Hut in a brazen half-million heist
that may be linked to
similar burglaries in Southwestern Ontario. Police say thieves who entered a
Devonshire Mall store by cutting a hole 4x2 1/2-foot hole in the roof stole more
than 1,000 high-end sunglasses that run from $400 to $600 each in a heist that
police are trying to link the incident to two similar break-ins at Sunglass Huts
in Southwestern Ontario in the last three years.
RCMP have issued a warning against buying
counterfeit products after fake Lululemon items were seized at a house party
in Point Edward, Ont. Police say about 100
fake items supposedly from fitness wear retailer Lululemon Athletica Inc. were
seized in the community just west of Sarnia on Sept. 1. No charges have been
laid and police say the investigation continues.
More than $54,000 in counterfeit U.S.
currency has been seized by Richmond RCMP from a passenger flying into Vancover.
"This seizure represents just over one third
of the total U.S. counterfeits seized in B.C. this year." Flying in from Africa
the passenger was arrested. (Source
Pinnacle Security is suing two former
employees and an industry consultant, claiming they "conspired together" to
create a new Canadian company,
Titan Alarm, to compete against Pinnacle in
Canada. Pinnacle contends the employees were working for Pinnacle at the time
and that the new company was created by “unlawfully using Pinnacle resources and
in violation of contractual and fiduciary duties."
Coming in 2012:
LP Show Coverage
The Top 10