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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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Tim Hortons takeover by Burger King may prove stale for Canadians: study

Tim Hortons takeover by Burger King may prove stale for Canadians: study | Canadian Retail Update | Scoop.it
Left-learning think-tank released a scathing review of 3G Capital’s past takeovers
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Following Shoppers Drug Mart’s dive into fresh

Following Shoppers Drug Mart’s dive into fresh | Canadian Retail Update | Scoop.it
The retailer is adding fresh food to its offering. Is it just what consumers ordered?
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Ivanhoé Cambridge sells 80 per cent stake in Fairmont Royal York Hotel

Ivanhoé Cambridge’s divestiture of hotel assets continued today with a move involving Toronto’s Fairmont Royal York Hotel. The Montreal-headquartered company has entered a definitive agreement to sell a 60 per cent share to KingSett Real Estate Growth LP No. 5 and 20 per cent to InnVest Real Estate Investment Trust (INN.UN-T), while retaining a 20 per cent interest in a deal thatvalues the 85-year-old property at $186.5 million.
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Lululemon founder’s family bets on casual luxury with new retail venture

Lululemon founder’s family bets on casual luxury with new retail venture | Canadian Retail Update | Scoop.it
Backed entirely by Wilson family money, Kit and Ace has started with one store in the heart of Vancouver’s artsy Gastown neighborhood
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Target Corp. has more options in Canada than you think

Target Corp. has more options in Canada than you think | Canadian Retail Update | Scoop.it
If Target Corp. decides to exit Canada, there as more options than simply packing up and walking away
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Jacob will close its doors for good, despite an attempt to reinvent itself as a smaller chain

Jacob will close its doors for good, despite an attempt to reinvent itself as a smaller chain | Canadian Retail Update | Scoop.it
Attempts to keep fashion retailer Boutique Jacob Inc. open as a smaller chain have failed and the company will begin liquidating stores immediately, the retailer said Tuesday
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Canadian retailers expected to face tough holiday season - The Globe and Mail

Canadian retailers expected to face tough holiday season - The Globe and Mail | Canadian Retail Update | Scoop.it
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Winter jacket maker Canada Goose expects double-digit growth: CEO

Winter jacket maker Canada Goose expects double-digit growth: CEO | Canadian Retail Update | Scoop.it
The company officially opens its new 96,000-square-foot manufacturing facility in Toronto
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How Canadian Tire and Scotiabank will work together

How Canadian Tire and Scotiabank will work together | Canadian Retail Update | Scoop.it
Michael Medline also confirms “more than one party” was interested in buying financial unit
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Canadian Tire Corp to buy back $400-million shares and invest $575-million a year on digital tech, store upgrades

Canadian Tire Corp to buy back $400-million shares and invest $575-million a year on digital tech, store upgrades | Canadian Retail Update | Scoop.it
Canadian Tire Corp. (TSX:CTC.A) plans to invest an average of $575 million each year on business improvements between 2015 and 2017
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Groupe Germain Hospitalité | A second hotel in Calgary for the company behind the popular Hôtel Le Germain Calgary - Alt Hotel Calgary to open in the East Village in 2017

Groupe Germain Hospitalité | A second hotel in Calgary for the company behind the popular Hôtel Le Germain Calgary - Alt Hotel Calgary to open in the East Village in 2017 | Canadian Retail Update | Scoop.it
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Iconic upscale men’s wear store to close in Toronto

Iconic upscale men’s wear store to close in Toronto | Canadian Retail Update | Scoop.it
Located at the heart of Toronto’s posh Bloor Street shopping strip, Stollerys closing as it faces rising competition and pressure from developers to sell its coveted property
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Sears Canada reels as parent sheds stock

Sears Canada reels as parent sheds stock | Canadian Retail Update | Scoop.it
Sears Holdings Corp. reveals plan to unload most of its stake in Canadian unit with $380-million rights offering
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Retailers face ‘Bah Humbug’ festive season as consumers tighten wallets

Retailers face ‘Bah Humbug’ festive season as consumers tighten wallets | Canadian Retail Update | Scoop.it
'People are planning to hunker down'
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IKEA Canada boss aims for a revamp as competition heats up

IKEA Canada boss aims for a revamp as competition heats up | Canadian Retail Update | Scoop.it
Stefan Sjostrand says ‘we must be even better as the competitive landscape is changing dramatically’
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Tim Hortons, Burger King deal OK'd by Competition Bureau

Tim Hortons, Burger King deal OK'd by Competition Bureau | Canadian Retail Update | Scoop.it
Canada's Competition Bureau has approved the takeover of Tim Hortons by U.S. burger chain Burger King, saying the deal won't hinder competition in the fast food industry enough to warrant blocking it.
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Downtown living leads 2015 real estate trends

Downtown living leads 2015 real estate trends | Canadian Retail Update | Scoop.it
Homeowners who choose the convenience of city life over the more generous living space in suburbia are driving Canada’s real estate market, according to a new report jointly produced by consultancy PricewaterhouseCoopers and the non-profit Urban Land Institute.
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Target Canada to experiment with overstocking in turnaround effort

Target Canada to experiment with overstocking in turnaround effort | Canadian Retail Update | Scoop.it
Chain is experimenting with overstocking items at its premier locations while retraining employees to create a service culture
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Could Sears' real estate deal with U.K.'s Primark come to its Canadian stores too?

Could Sears' real estate deal with U.K.'s Primark come to its Canadian stores too? | Canadian Retail Update | Scoop.it
Edward Lampert is taking a page out of Richard Baker’s playbook, and it’s one that could pave the way for U.K. fast fashion retailer Primark to enter Canada
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Wal-Mart Stores Inc cuts sales forecast, warns of slower profit growth for next three years

Wal-Mart Stores Inc cuts sales forecast, warns of slower profit growth for next three years | Canadian Retail Update | Scoop.it
Wal-Mart Stores Inc., facing a retail slump and a decline in traffic to big-box chains, cut its annual sales forecast and predicted slower profit growth over the next three years
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Canadian retailers staying ahead of the ecommerce curve

Canadian retailers staying ahead of the ecommerce curve | Canadian Retail Update | Scoop.it
Canny Canadian retailers are finding success by utilizing customer-friendly service
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Canadian Tire plans its new digital strategy

Canadian Tire plans its new digital strategy | Canadian Retail Update | Scoop.it
'Our current online presence is disappointing,' says incoming CEO
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Mink Mile makeover takes Yonge and Bloor from low-rise to luxe

Mink Mile makeover takes Yonge and Bloor from low-rise to luxe | Canadian Retail Update | Scoop.it
With his purchase of properties on the southwest corner of Toronto’s best-known intersection, developer Sam Mizrahi is building a luxury condo tower with high-end retail
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Retail giants Walmart, Sears and Lowe's are suffering in Canada

Retail giants Walmart, Sears and Lowe's are suffering in Canada | Canadian Retail Update | Scoop.it
Walmart Canada Corp., Target Canada Corp., Sears Canada Inc. and Lowe’s Canada are either posting diminishing returns or operating losses, says new report
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Canadian Pacific Taps C$1 Billion of Property in New Plan

Canadian Pacific Railway Ltd. will seek to develop or sell about C$1 billion ($896 million) of real estate assets as part of a new plan to cut costs and double profit in four years. The shares surged to a record.
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