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Canada in 'mild recession' after economy shrinks five months in a row
Canada's economy has chalked up its longest slump since the Great Recession amid
trouble from the oil patch to the factory floor. But the hope is that the weaker
Canadian dollar and lower interest rates will still spark a rebound in the
second half of the year, one Canadians have been waiting on despite anticipation
since January of stimulated exports and manufacturing activity.
theglobeandmail.com
Is Canadian Tire Corporation Limited Canada's Best Retailer?
Canadian Tire has done a terrific job acquiring niche retailers. Mark's Work
Warehouse, which was followed up by buying Forzani Group, which had Sport Chek
as its flagship brand. Additionally, it launched PartSource, where folks can buy
auto parts. Each of these stores serves a very specific niche, which has been
instrumental to their success. Canadian Tire's financial services unit is so
valuable that Bank of Nova Scotia paid $500 million for just 20% of it back in
2014. Canadian Tire is a terrific retailer that is getting great sales growth
from not only the flagship brand, but from its other niche retailers as well. fool.ca
La Cure Gourmande is looking to eventually open as
many as 35 stores across Canada
Saks Fifth Avenue to hire 365 positions for its
first Canadian stores, both located in Toronto
Laura clothing chain files for creditor protection
- Restructuring & store closings
Retail Fast Facts: July 2015
Highlights:
● Total monthly retail sales changed by 1.2 per cent over the comparable month
last year.
● Total sales excluding food, automotive and gasoline changed by 3.8 per cent
over the comparable month last year.
Read more
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Keynote Session:
Organized Retail Crime:
Stories from Toronto's Crime Scene |
Sep. 16th - The International Centre |
In his keynote presentation, Bill Blair, former Chief of Toronto Police
will share some of the most detrimental and intense organized retail crime cases
that he investigated during his 35 years of service with the Toronto Police.
Chief Blair will share his unique perspective on leadership and will also offer
advice on how LP teams could successfully work with law enforcement officials to
combat crime.
See full agenda here.
Register here.
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 Police
investigate Smash and Grab incident at North Hill Centre in Calgary Calgary police are investigating after a vehicle crashed through a set of doors
at North Hill Centre and then smashed into one of the stores inside. Police were
called to the mall by security staff at about 4:30 a.m. and found a gaping hole
in one of the south entrances when they arrived. A number of display cases in
Paris Jewellers were broken but it is still unclear exactly what if anything was
taken. Investigators are working to obtain surveillance video, which will help
them identify the suspects and determine exactly what happened. Police located a
white Ford truck believed to be involved in the incident a short distance away.
ctvnews.ca
Rutland Mac's Store Robbed by 3 men
RCMP are searching for three men that robbed the Mac's Convenience Store on
Rutland Road. The incident happened around 3:30 a.m. on August 2nd when three
men entered the store wearing scarves over their faces and wearing hoods. One of
the men ordered an employee to stand in a corner while the other two loaded
grocery bags with cigarettes and energy drinks. No weapon was produced. The
suspects then left on foot and headed in an easterly direction.
kelownanow.com
Serial shoplifter sentenced to 115 days in jail in Sarnia, ON
A woman's motivation to end her drug addiction was questioned when she was
sentenced to 115 days in jail for thefts and order violations in Sarnia court.
Shannon Leigh Kerwin, 38, of Sarnia, was sentenced Wednesday after she
previously pleaded guilty to five thefts from stores and court-order violations
between 2013 and July 16, 2015. In August 2014, Kerwin stole $30 worth of goods
from a store. She then went on to steal another $287 worth of goods - including
books, tote bags, socks and underwear - from three stores in a plaza on Nov. 25,
2014. A police officer who knew Kerwin had a record for theft stopped her as she
left the last store and found the stolen goods. But less than a month later, on
Dec. 12, 2014, Kerwin loaded $1,300 worth of goods in a shopping cart before
leaving a store without paying. She was stopped outside and the goods were
recovered.
theobserver.ca
Gas Station Skimmer found in Vernon, B.C.
Coquitlam RCMP seek help in suspected shoplifting
case
RCMP in Nova Scotia and New Brunswick apprehend Cambridge man for three
overnight robberies
2 arrested after Dartmouth pharmacy robbed
Kamloops Mounties release photos of credit-card
skimmer
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