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Target
Canadian launch expected to spark price wars
The arrival of U.S. discount giant Target in
Canadian markets will introduce some much-needed retail
competition, providing shoppers with more opportunities
to benefit from price wars, experts say. "In certain
cases, the prices will actually be completely on par
with U.S. prices and in some cases there might be some
differences,” Target Canada spokesperson Lisa Gibson
told The Canadian Press. “Our overall goal is to make
sure we're competitive with the marketplace." But with
higher minimum wages and more paid holidays all paid out
of the stores there is a difference in labor costs.
Target plans to open another 21 stores throughout
Ontario this month, although the dates haven't been
announced. (Source
ctvnews.ca)
Union claims Target Canada engaged in unfair hiring
practices
The Canadian arm of the United Food and Commercial
Workers union has taken aim at Target for its alleged
unfair treatment of former Zellers workers. The union
claims that Target, which is converting 189 Zellers
stores, is not giving former employees a fair shake in
the hiring process and that many have been turned down
for employment without reason. They fought Wal-Mart as
well in Canada and won't give up easily.
(Source
retailingtoday.com)
U.S. womenswear retailer Chico’s to expand into Canada
beginning late 2013 Kicking off its international efforts in Canada with
plans to open three of its White House|Black Market
stores later this year and will then open Canadian
Chico’s stores in 2014. Founded in 1983 as a boutique
selling Mexican folk art and sweaters, Chico’s has since
expanded to nearly 700 locations across the U.S., D.C.
and Puerto Rico. (Source
guelphmercury.com)
The Bay department store rebranded as
Hudson's Bay - good timing all things considered
The Bay is going back to its roots under a
plan to rebrand its operations with a different name and
new logo. With the increased competition it's a great
time to re-launch your brand and stage grand openings
and special events. It'll increase foot traffic and get
the consumers talking right at the time Target is
getting all the press. (Source
ctvnews.ca)
One merely needs to look at Yorkdale Mall in Toronto to
see the Canadian Push with 12 new retailers opening from
the U.S. & UK All Saints, a U.K.-based
clothing store, American womenswear retailer White
House|Black Market, menswear retailer John Varvatos, New
York-based designer jewelry company David Yurman,
English company Mulberry, known for its handbags, and
home decor outfit Zara Home will open their first stores
in Canada. Holt Renfrew will double its present size in
August, while Harry Rosen and The Bay will open
redesigned locations in the fall. Last November, the
shopping centre unveiled the results of a $220
million-expansion that brought Ted Baker London, Kate
Spade, Ann Taylor Loft, Microsoft and Tesla Motors to
Canada. Yorkdale added 145,000 square feet to bring its
total to 1.6 million square feet of retail space.
(Source
thestar.com)
Thieves armed with bear spray rob Vancouver Apple Store
Bear spray wielding thieves stormed into a Vancouver
Apple Store just before closing on Monday, and hit
approximately 40 people with the caustic spray before
making off with an unknown quantity of iPods, iPads and
laptops. The attack occurred just before 7 p.m., as
approximately 40 customers were in the store, according
to a statement from Vancouver Police. Five would need to
be treated by paramedics for exposure to the chemical,
whose active ingredient is derived from cayenne peppers.
Vancouver Police wrote that the thieves stole only “a
small number of electronics.” (Source
nationnalpost.com)
Tractor-trailers containing $100,000 worth of frozen
chickens stolen in Etobicoke Two
tractor-trailers containing cases of whole frozen
chickens valued at nearly $100,000 were stolen early
Tuesday in north Etobicoke, according to Toronto police.
(Source
thestar.com)
Canadians browse and buy more online than any developed
nation in 2012 All those views helped drive Canadian e-commerce
spending to $22.3 billion in 2012, up 9.9% from $20.3
billion in 2011. Canadians spent an average of 41.3
hours per month during Q4 on the web, second only to
U.S. consumers, who spent 43.0 hours.
(Source
internetretailer.com)
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