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Canadian Retail Update
www.kyrawinfield.com | Canadian Retail market | news | commercial real estate | property | retail | shopping centers | development | Canada | leasing | retailers | department stores | business | market | Vancouver | Calgary | Winnipeg | Toronto |
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Stuart Olson acquiring Studon Electric & Controls in $76.2M cash and stock deal

CALGARY - Stuart Olson Inc. (TSX:SOX) is paying about $76.
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Another Canadian real estate market is still booming — office construction

The Canadian office construction market continues to outperform its U.S. counterpart, according to a new report
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Reitmans to shutter Smart Set clothing chain

Reitmans to shutter Smart Set clothing chain | Canadian Retail Update | Scoop.it
More than 100 stores will be affected by the move, with most converting to other banners of the company
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Canada's retail sales rise for first time in 3 months led by big-ticket items

Canada's retail sales rise for first time in 3 months led by big-ticket items | Canadian Retail Update | Scoop.it

 #Canadian retail sales rose faster than economists forecast in September led by big-ticket items such as cars, furniture and appliances

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Best Buy Co shares jump as profit tops estimates on surprise sales gain

Best Buy Co shares jump as profit tops estimates on surprise sales gain | Canadian Retail Update | Scoop.it
Best Buy Co., the world’s largest electronics chain, beat third-quarter profit estimates after demand for televisions and tablets helped the retailer post a surprise sales gain. The shares jumped in...
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George Weston Ltd needs to bake up a new plan

George Weston Ltd needs to bake up a new plan | Canadian Retail Update | Scoop.it
George Weston needs to decide whether it thinks baked products will ever recover, and if it should diversify back into other food sectors
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Mobile making big moves in ecommerce retailing

Mobile making big moves in ecommerce retailing | Canadian Retail Update | Scoop.it
Mobile devices open up a world of opportunities for retailers to mass-customize the customer experience
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Ivanhoé to buy Manhattan tower from Blackstone

Ivanhoé to buy Manhattan tower from Blackstone | Canadian Retail Update | Scoop.it
Ivanhoé Cambridge deal to purchase 1095 Avenue of the Americas, a 42-story building on Bryant Park, extends demand for prime U.S. properties
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Canadian real estate buyers are at it again — but now it's pension funds scooping up U.S. assets

Canadian real estate buyers are at it again — but now it's pension funds scooping up U.S. assets | Canadian Retail Update | Scoop.it
The commercial real estate trend parallels one that has been going on in the residential side since the U.S. housing market crashed and the loonie soared
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Alibaba shakes up online shopping for Canadian makers

Alibaba shakes up online shopping for Canadian makers | Canadian Retail Update | Scoop.it
A massive surge in Canadian lobster sales is just one more sign China-based e-commerce giant, Alibaba, is shaking up the online shopping world. Canadian products — from Roots sweats to maple syrup — are cropping up on Alibaba.
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Walmart Canada gaining ground in retail food fight

Walmart Canada gaining ground in retail food fight | Canadian Retail Update | Scoop.it
The country’s biggest mass merchant has been locked in an aggressive pricing war with rivals such as Loblaw Cos. for the better part of two years. But it finally appears to be gaining some traction
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Sears Canada in it for the long-run, says new CEO (the fourth in three years)

Sears Canada in it for the long-run, says new CEO (the fourth in three years) | Canadian Retail Update | Scoop.it
The new CEO of Sears Canada wants to make it clear: the department store chain is not dead, and rumours about its inevitable demise are baseless
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Has Black Friday peaked in Canada? Why this year's deals may spur more hype than revenue for retailers

Has Black Friday peaked in Canada? Why this year's deals may spur more hype than revenue for retailers | Canadian Retail Update | Scoop.it
Industry forecasts predicting consumer restraint this holiday season may render this year's ever-lengthening sale bonanza a fairly weightless marketing ploy
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Black Friday 2014 deals expected to draw 140 million shoppers in the U.S. alone

Black Friday 2014 deals expected to draw 140 million shoppers in the U.S. alone | Canadian Retail Update | Scoop.it
An estimated 140 million U.S. shoppers will hit stores and the Web this weekend in search of Black Friday discounts, kicking off what retailers predict will be the best holiday season in three years
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Simons readies for major Canadian expansion

Simons readies for major Canadian expansion | Canadian Retail Update | Scoop.it
Montreal retailer announces plans to open stores in B.C., Alberta and Ontario into 2017
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Reitmans to close 107 Smart Set stores across Canada, convert some locations to other brands

Reitmans to close 107 Smart Set stores across Canada, convert some locations to other brands | Canadian Retail Update | Scoop.it
Reitmans Canada Ltd. said Tuesday it plans to close almost all of its Smart Set stores over the next year and a half to help bolster its profitability
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Tim Hortons to hike coffee, breakfast sandwich prices next Wednesday

Tim Hortons to hike coffee, breakfast sandwich prices next Wednesday | Canadian Retail Update | Scoop.it
Tim Hortons says it plans to raise prices for both coffee and breakfast sandwiches at its Canadian locations starting next Wednesday
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Target Corp shares climb as profit tops estimates, Canadian stores improve

Target Corp shares climb as profit tops estimates, Canadian stores improve | Canadian Retail Update | Scoop.it
Target Corp. posted third-quarter earnings that beat analysts’ estimates after U.S. sales grew faster than expected and its money-losing expansion into Canada showed signs improvement
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Wal-Mart Canada cuts 210 head office jobs

Wal-Mart Canada cuts 210 head office jobs | Canadian Retail Update | Scoop.it
Retailer says changes in management structure will help it compete
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Walmart Canada lays off 210 head office, field management employees

Walmart Canada lays off 210 head office, field management employees | Canadian Retail Update | Scoop.it
Walmart Canada says it has laid off 210 people, most at its head office in Mississauga, Ont., just west of Toronto
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Retail reboot: How e-commerce is forcing an industry transformation

Retailers are changing the bricks-and-mortar concepts of their stores as shoppers increasingly go online
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Wal-Mart to store managers: Match prices with Amazon.com and other online retailers

Wal-Mart to store managers: Match prices with Amazon.com and other online retailers | Canadian Retail Update | Scoop.it
Wal-Mart Stores Inc has informed managers of its roughly 5,000 stores across the United States that they can match prices with Amazon.com Inc and other online retailers
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