Canadian Retail Update
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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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Dollarama reports better-than-expected profit

Dollarama reports better-than-expected profit | Canadian Retail Update | Scoop.it
Third-quarter earnings rose to $110.06-million from $100.08-million, a year earlier
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Hudson’s Bay Co looks to cut costs after tough quarter; shares hit all-time low

Hudson’s Bay Co looks to cut costs after tough quarter; shares hit all-time low | Canadian Retail Update | Scoop.it
Analysts question whether there is more value to leverage from HBC’s valuable real estate portfolio
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McDonald’s to keep minority stake in China, Hong Kong stores: source

McDonald’s to keep minority stake in China, Hong Kong stores: source | Canadian Retail Update | Scoop.it
The company wants exposure to future growth in the world’s second-largest economy
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Record run for commercial property shows signs of slowing

Record run for commercial property shows signs of slowing | Canadian Retail Update | Scoop.it
A flurry of big-ticket deals helped boost the volume of commercial deals in Canada, which are up 32 per cent so far this year at the end of the third quarter
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McDonald's to start offering McCafe on WestJet flights as coffee wars move from ground to the skies

McDonald's to start offering McCafe on WestJet flights as coffee wars move from ground to the skies | Canadian Retail Update | Scoop.it
McDonald’s Canada will become the exclusive provider of brewed coffee on all WestJet flights beginning on Nov. 21, an international first for its McCafé brand
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American Apparel to sell its brand to Montreal’s Gildan Activewear after filing for bankruptcy protection for second time

American Apparel to sell its brand to Montreal’s Gildan Activewear after filing for bankruptcy protection for second time | Canadian Retail Update | Scoop.it
The Canadian maker of T-shirts and underwear aims to buy the brand for US$66 million, but it’s not buying any of American Apparel’s stores
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Tim Hortons owner’s sales growth hit by sluggish demand, lower grocery prices

Tim Hortons owner’s sales growth hit by sluggish demand, lower grocery prices | Canadian Retail Update | Scoop.it
Restaurant Brands posted a better-than-expected quarterly profit but saw same-store sales growth decline in much of North America
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Restaurant Brands CEO forges ahead with Tim Hortons international growth

Restaurant Brands CEO forges ahead with Tim Hortons international growth | Canadian Retail Update | Scoop.it
The CEO of the parent company of Tim Hortons says he plans to keep pushing with an international expansion of the coffee-and-doughnut chain despite softness in the quick-service restaurant industry, political unrest and economic uncertainty abroad.
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Miracle Mile Shops on Las Vegas Strip sold to investment partnership

Miracle Mile Shops on Las Vegas Strip sold to investment partnership | Canadian Retail Update | Scoop.it
The Miracle Mile Shops, the 200-store indoor mall embedded within the Planet Hollywood Resort on the Strip, has been sold to an investment partnership.
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Women's clothier Aritzia shares jump on first day of trading

Women's clothier Aritzia shares jump on first day of trading | Canadian Retail Update | Scoop.it
Aritzia’s move to the markets after 32 years in business is a highlight in a slow year for Canadian public offerings
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Uniqlo founder has confidence in Canadian expansion

Uniqlo founder has confidence in Canadian expansion | Canadian Retail Update | Scoop.it
The Japanese global powerhouse Uniqlo, known for its minimalist-style casual wear, is launching its first store in Canada at Toronto’s Eaton Centre
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Amazon to start restaurant deliveries in London

Amazon to start restaurant deliveries in London | Canadian Retail Update | Scoop.it
Amazon Restaurants is the newest entrant in an increasingly competitive market which includes Just East, UberEats and Deliveroo
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'A new space for us': Quebec apparel retailer Simons adds home décor category online

'A new space for us': Quebec apparel retailer Simons adds home décor category online | Canadian Retail Update | Scoop.it
The retailer’s new 'digital décor space' includes more than 100 items intended to complement the company’s in-store assortment of goods
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A shift from yoga pants may leave Lululemon Athletica investors in a sweat

A shift from yoga pants may leave Lululemon Athletica investors in a sweat | Canadian Retail Update | Scoop.it
Lululemon already faces relentless competition from Under Armour, Nike and a multitude of rivals selling less expensive gym-wear
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Amazon opens Go, a real life grocery store with no checkout line

Amazon opens Go, a real life grocery store with no checkout line | Canadian Retail Update | Scoop.it
Amazon has opened a small physical store in Seattle that could be the future of grocery shopping, one where customers walk in, collect their purchases from the shelves and walk out — all without ever needing to line up to pay and check out.
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Black Friday was a good – not great – start to holiday shopping season

Black Friday was a good – not great – start to holiday shopping season | Canadian Retail Update | Scoop.it
There was good and bad news for U.S. retailers over the Black Friday holiday shopping weekend
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As Vancouver’s housing market cools, commercial property sales soar

As Vancouver’s housing market cools, commercial property sales soar | Canadian Retail Update | Scoop.it
Claire Wyrostok, owner of popular Vancouver vegetarian restaurant Black Lodge, wonders how long it will be until Vancouver’s hot real estate market pushes her out of business. In the four years that Ms. Wyrostok has been at her current location, o
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Loblaw Cos Ltd profit beats expectations as lower food prices catch on with customers

Loblaw Cos Ltd profit beats expectations as lower food prices catch on with customers | Canadian Retail Update | Scoop.it
Loblaw Cos Ltd reported a strong boost in profit today as sales grew and it lowered expenses, vastly surpassing analysts’ predictions
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‘It’s heart-wrenching’: Independent designers face a flood of knock-off products

‘It’s heart-wrenching’: Independent designers face a flood of knock-off products | Canadian Retail Update | Scoop.it
Vendors from as far away as China and South America sell through major online marketplaces at cut rate prices
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Walmart stops accepting Visa today at all its stores in Manitoba as fee dispute continues

Walmart stops accepting Visa today at all its stores in Manitoba as fee dispute continues | Canadian Retail Update | Scoop.it
Visa says Walmart wants fees that would be lower than those charged to local grocery markets, pharmacies, convenience stores, charities and schools
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Defiantly independent: Home Hardware CEO Terry Davis stares down his U.S. competitors

Defiantly independent: Home Hardware CEO Terry Davis stares down his U.S. competitors | Canadian Retail Update | Scoop.it
Home Hardware chief executive Terry Davis says the company is staying true to its rural roots and is undaunted by Home Depot, or Lowe’s
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Artis Real Estate Investment Trust Announces Disposition of Eight Industrial Properties and One Retail Property

Artis Real Estate Investment Trust Announces Disposition of Eight Industrial Properties and One Retail Property | Canadian Retail Update | Scoop.it
WINNIPEG, Oct. 4, 2016- Artis Real Estate Investment Trust Announces Disposition of Eight Industrial Properties and One Retail Property in Alberta and Provides Update on Dispositions Year-to-Date.
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Bass Pro Shops hooks Cabela's in US$5.5-billion deal

Bass Pro Shops hooks Cabela's in US$5.5-billion deal | Canadian Retail Update | Scoop.it
The combined company will own 184 stores in the United States and Canada
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Aritzia stock priced at high end of range at $16 in IPO that could raise at least $400 million

Aritzia stock priced at high end of range at $16 in IPO that could raise at least $400 million | Canadian Retail Update | Scoop.it
The IPO is expected to close Oct. 3 with $460 million worth of stock sold if the maximum 28.75 million shares are taken up including overallotment options
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Tim Hortons to expand into Great Britain with full-service coffee shops in England, Scotland, Wales

Tim Hortons to expand into Great Britain with full-service coffee shops in England, Scotland, Wales | Canadian Retail Update | Scoop.it
It did not specify how many stores it plans to open in Great Britain or when, but a spokesperson said in an email that it seeks to be a leader in the market
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