Top Canadian Retailers by Sales-Per-Square-Foot
On a sales-per-square-foot basis nobody can beat Apple Inc. stores in Canada, a
distinction that makes it one of the most sought-after retailers by landlords,
according to a new survey. At the bottom of the list of the top 35 retailers in
2013 is Target Canada, although the now-bankrupt retailer was at a disadvantage
because it was only in Canada for part of that year. Using data from Ryerson
University's Centre for the Study of Commercial Activity, real estate research
company CBRE Canada looked at the Top 100 retailers in Canada by gross sales for
2013 and then ranked them based on sales per square foot, establishing how
effective they are in their space and how much malls owners will vie to get them
to locate on their property.
Loblaw averts strike at 60 Ontario stores, 12,000 employees, with amended
agreement All active full-time and part-time employees on the payroll
as of the date of ratification will receive a lump sum bonus of $1,500 and $750,
respectively, according to the documents. All other active part-time employees
on the payroll as of the date of ratification will receive a lump sum of $350.
The other major change is in wage progression. Among the changes - employees
will make 40 cents on year six, as compared to 30 cents in the rejected offer,
the Globe reports.
Opening of new McArthurGlen Designer Outlet mall causes major traffic problems
at Vancouver Airport - Poor Security Planning Significant traffic
problems for passengers trying to make their flights at YVR were caused by a
shopping frenzy at a newly opened mall. People lined up early, waiting for the
10 a.m. opening of the new McArthurGlen Designer Outlet near the Vancouver
Airport. But the crush of shoppers created such a traffic nightmare along Grant
McConachie Way that people trying to get to YVR were stuck in bumper-to-bumper
traffic. Security and additional barricades had to be put in place to corral the
hordes of shoppers.
Closure of landmark Mills department store in Halifax blamed on 'street people'
by former owner/entrepreneur The previous owner of
Mills department store in Halifax says homeless people make it difficult to
succeed on the "dangerous" street. "The street people down there are getting
aggressive," said Mickey MacDonald, who owned the landmark store from 2007 to
2012. MacDonald, a successful entrepreneur and president of Micco Companies,
said people shopping downtown risk threats and aggressive behaviour. "It used to
be a place where people would go and hang out down there and used to feel safe.
Now it's becoming more dangerous, especially at certain times of the day," he
said. "People are getting a little bit fearful of some of the people who are
down there." MacDonald, who owns several pieces of property downtown including
the building that used to house Mills, wants to see more police officers
downtown, and said construction is taking up prime parking spots.
Nine West stores caught in bankruptcy protection
One of Canada's largest shoe sellers has filed for bankruptcy protection as the
slumping dollar nips at the heels of Canadian retailers. Sherson Group Inc.,
which owns 48 Nine West shoe stores, and holds the Canadian rights to brands
such as Anne Klein, Bandolino, Easy Spirit and Enzo Angiolini, sought protection
from creditors as it tries to restructure the business.
Beer sales to hit Toronto grocery shelves by December - But wine lags behind
A report in the Toronto Star indicates that Clark's recommendations for changes
to wine sales in Ontario won't be complete until November, which would mean that
it's unlikely wine would get onto grocery store shelves until mid 2016 or later.
Trade regulations are one of the chief obstacles delaying reform of wine sales,
which means it's still unclear what exactly will happen to the existing 268
licences to sell Canadian wine outside of the LCBO.
N.B. convenience stores call for crackdown on illegal smoke sales - claims 24%
sold are illegal - want tougher penalties
Save-On-Foods to open 40 new stores in Manitoba, Saskatchewan - LP Jobs!
Ashley Furniture HomeStores to open 16 locations in Ontario & Alberta
Manulife Bank to Install 830 ATMs in Canadian Stores
Promenades St-Bruno jewelry store heist caught on video
Five men were being sought after a robbery at a Longueuil jewelry store and
security cameras recorded it all. Longueuil police said four of the men broke
into the Monaco shop Wednesday night at the Promenades St Bruno shortly after
closing time. They smashed display cases, took jewelry and took off in a vehicle
driven by a 5th person. Two employees were attacked with pepper spray.
Police looking for suspect in Quebec after fatal shooting in Vaughan café
Two weeks after a double homicide at a Vaughan café, police are looking for the
suspect in Quebec, saying a man clearly shown in surveillance video may have
come from out of province before the unusual rush-hour killing. Police also said
Moka Espresso Bar and Gelato, where the man opened fire on June 24, was home to
a gambling operation.
Stolen one-of-a-kind, $13,000 Custom-made Bike Returned to shop by Port
Coquitlam RCMP It's a one-of-a-kind, carbon-fibre road bicycle and
hope was fading that it wouldn't be recovered after it disappeared in a June 17
break-in at the Cap's Westwood Cycle store in Port Coquitlam. But last weekend,
the $13,000 bike that was mysteriously taken from the showroom of the store was
handed back to the business by the Coquitlam RCMP.
Prepaid Credit Card Scams On Rise, Canadians Losing Millions
Fraudsters have found a quick, convenient, and easy-to-disguise way to swindle
cash out of unsuspecting Canadians: they demand their victims pay up using
prepaid credit cards. "The [financial] loss is just incredible. There's just so
much of this happening," says Robert Rochefort with the Canadian Anti-Fraud
Centre. Sometimes scammers call saying you owe money to the tax man and if you
don't pay now, you're going to jail.. Then they instruct their victims to pay
via prepaid cards, a type of credit card with a set amount of funds that are
purchased in stores and used for transactions like buying goods online and
paying bills. Fraudsters direct victims to give them the numbered codes on the
cards, giving them access and - poof - the money is gone.
Montrealers are Worried that the New STM Opus Card Reader can be Hacked
Montrealers are rejoicing this morning after finding out that you can buy a
device which will allow you to reload your opus cards from home. It's no wonder
people are happy, reloading a card can be a nightmare. No more running to the
nearest station in a panic and no more waiting in seemingly endless lines.
Sounds pretty good right? Or does it? Well as it turns out, you have voiced your
concerns and it's worth exploring the value of this new "convenience".