Retail This Week will return Friday, January 4th, 2019.
Enjoy a safe & happy Holiday!
« Retail This Week » sera de retour le vendredi 4 janvier 2019.
Nous vous souhaitons un joyeux temps des fêtes !
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Welcome to the latest edition of Canadian Retail magazine
Now available
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The Chinese parent company for retailer Miniso Canada has brought an application to initiate bankruptcy of the Canadian division, claiming that the Canadian division has been fraudulent in its business dealings by transferring and hiding assets.
(Retail Insider)
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This means Canadians can expect normal holiday delivery timelines for parcels. The exception remains items headed to or departing Vancouver as backlogs there continue to cause additional delays.
(CTV)
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“They were generally insulted by the tone,” he said of Canadians, “and it kind of put steel in their spines, ‘Well, I’m just not going to shop in America.’”
(NYT)
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“If you are buying clothes or shoes online, the tendency for many is to order multiple sizes because you don’t know exactly how they will fit. You keep the one that fits best and return the other items,” he said.
(Salmon Arm Observer)
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“Today’s announcement by Amazon means hundreds of jobs and more opportunities are on their way, helping to make life better for more Alberta workers and families,” Alberta Premier Rachel Notley said in a news release.
(Edmonton Journal)
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Did Amazon make a mistake spending all that capital to buy a physical-store retailer? Maybe, but the point of the Whole Foods acquisition didn’t really have to do with the stores. It had to do with selling online. (
Forbes)
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British toy retailer Hamleys is close to finalizing a deal where it would secure roughly 30,000 square feet at 2 Herald Square, near Macy's and Victoria's Secret, a person familiar with those negotiations tells CNBC.
(
CNBC
)
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With its flagship unit, Victoria's Secret, faltering in a lingerie segment challenged by changing consumer preferences and buying behavior, L Brands CEO and Chairman Les Wexner said the company is turning its focus on its largest brands.
(
Retail Dive
)
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Last week also brought two other pieces of Sears news. In a classic "you broke it, maybe you want to own it" moment, the hedge fund led by Sears Chairman Eddie Lampert offered to buy the nearly dead retailer.
(Forbes)
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One thing Gary Friedman doesn't do very well is think small. “The one thing you'll never catch us doing, Micah,” the chairman and CEO of RH, formerly Restoration Hardware, tells me, “is trying to create a pale substitute for the online customer experience. No brick and mortar retailer can survive, let alone thrive, that way.
(Forbes)
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RCC EVENTS
Jan 13-15, 2019
Feb 28, 2019
April 18, 2019
May 28 & 29, 2019
May 28, 2019
May 29, 2019
RETAIL INDUSTRY EVENTS
Jan 13-15, 2019
Feb 12, 2019
Feb 26-27, 2019
ON DEMAND WEBINARS
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News For Retail Entrepreneurs
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“It’s been a good season so far. Shop’s been busy. We’ve been doing a lot of good business,” said Jason Dickson, half of the couple that owns the antiquarian bookstore Brown & Dickson on Richmond Row.
(London Free Press)
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A fan of Plateau record store Sound Central has started a crowdfunding campaign that aims to help the store stay in business.
(Montreal Gazette)
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Edmonton comic book lovers are expressing their sadness and gratitude following the surprise news that community staple Happy Harbor Comics will be closing at the end of January.
(Edmonton Journal)
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Deciem is hoping to move past a bizarre, painful year. Ms. Kilner, 29, is concentrating on store openings, product launches, retail partnerships and improvements to the corporate culture. “I’m really putting the focus back on making our people feel valued,” she said in a telephone interview from London, where she’s based. (
Subscribers Only - The Globe & Mail)
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"It's amazing how much work went into each application, and here we are ready and … the government decides that the rules are completely different," Smutylo said.
(CBC)
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Spotlight on Retail Technology
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The rise of automated commerce is already helping to reshape the customer experience. But is it the future of retail? (
Canadian Retailer)
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Tommy Hilfiger is changing the way it does retail. With floor-to-ceiling interactive monitors, personalised embroidery stations and even a cafe, it’s safe to say that the US label’s revamped Amsterdam store is a peek into the future of retail.
(FashionUnited)
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The home improvement company's mission "is not fancy or overly ambitious," CEO Marvin Ellison said on the call, but improving operational efficiency and omnichannel experiences are top priorities.
(CIO Drive)
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At the grand opening of its new 113,000 square foot Tech Hub in Scotia Plaza in downtown Toronto, Amazon announced that it is creating 600 new jobs in the city (There are currently 123 jobs listed, mostly in development and operations). The Hub is one of 18 across North America that in total employ more than 20,000 people.
(IT Worlds)
Smart speakers, 5G networks, and cloud-based AI increase connectivity and potential for innovation.
(Deloitte)
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Spotlight on Retail Research
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The Blended Commerce Imperative: Insights on today’s consumer with advice and tips for retailers.
(Retail Council of Canada)
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“Convenience is a ginormous factor for grocery shoppers… They are convenience shoppers by far and that theme continues throughout the study,” says Paula Courtney, product founder at WisePlum, a collaboration between LoyaltyOne and Verde Group.
(Canadian Grocer)
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The survey found 27 per cent of adult Canadians reported they reduced spending online as a result of the revolving Canada Post strikes. That figure increased to 37 per cent for those under the age of 35, who the report describes as "more avid holiday shoppers online and offline."
(CBC)
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Created by the Centre for the Study of Commercial Activity at Ryerson University, the CSCA Retail 100 brings you the top 100 retail conglomerates operating in Canada as ranked by total estimated annual retail sales in fiscal 2017.
(Canadian Retailer)
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The Retail Council of Canada, meanwhile, says it is actively working with its companies to ensure they are packaging their products in the most sustainable way. "The primary goal of a lot of our members is so that customers, when they take their products home, they don't have to throw away their packaging. Instead, they can responsibly recycle it," says Andrew Telfer, the Vice President of Industry Relations and Health and Wellness.
(CBC)
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Great work by our RCC/WSIB Safety Group program who achieved a final score of 86% and ranked 7th out of 24 sponsors in Ontario!
Our members received nearly $500,000 in rebate returns this year!
Rebate cheques were presented today by Chair Witmer, VP Rodney Cook and RCC’s VP Sonny Brar. For more information on how to join The Safety Group program contact Sonny at [email protected]
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RCC provides a place for employers and job seekers to connect. If you are a retail employer, please email your career opportunities
[email protected]
. We will post your link on our website.
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