Canadian Retail News From Around The Web: June 10, 2015

Photo: Yabu Pushelberg

Photo: Yabu Pushelberg

Our Article of the Day: 

1) Why Telus is Shuttering Iconic BLACKS Photography

2) Original 'The Room' at Hudson's Bay Relocates and Downsizes [With Photos]

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Top Stories - Canada: 

-HBC swings to $54M loss despite increasing sales [CBC]

-Hudson’s Bay Co. eyeing real estate deals, but wont say if Kaufhof chain among them [Financial Post]

-Sleep Country Canada files papers for IPO [BNN]

-Web sales are growing fast but Canadian retailers face challenges [Internet Retailer]

-Soon to be a snapshot in time, Blacks to close across Canada in August [CBC]

-Lululemon is boosting its sales overseas by using local communities as ‘testing grounds’ for new products [Financial Post]

-Lululemon Profit Tops Estimates as Fashion Push Boosts Sales [Bloomberg]

-Shoppers spending more on groceries (survey) [Canadian Grocer]


Canadian News - Regional: 

-Sears Canada and Concord Pacific Announce Closing of Sale and Leaseback for Three Properties [Newswire]

-Huge Future Shop appliance sale in Toronto this week [BlogTO]

-Walmart to pilot online grocery in Ottawa [Canadian Grocer]

-Cabela's® Announces Halifax, Nova Scotia Location [Press Release]

-Sudbury seniors aren't shopping downtown: survey [CBC]

-Longo’s helps shoppers “Taste Ontario Too” [Canadian Grocer]

-No IKEA store for Sudbury – at least not yet []

Canadian Retailers Internationally: 

-Roots Opens First Store In New York City [Huffington Post]


Our Previous Articles: 

-Canada's Largest Shoe Hall Expands and Relocates

-E-Commerce in Canada in a Sorry State

-International Sales Director Employment Position

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