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Canadian Push 10-4-11


2011 Archives

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.  (Source

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.  (Source

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.  (Source

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. (Source

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."  (Source

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