Canadian Retail News From Around The Web: August 21, 2015

Rendering: Hudson's Bay Company/Saks Fifth Avenue

Rendering: Hudson's Bay Company/Saks Fifth Avenue

Our Article of the Day

Saks Fifth Avenue Announces 1st Western Canadian OFF 5TH Location


Top Stories - Canada: 

-Laura to close 20 women’s clothing stores [Toronto Star]

-Canada’s retail sales rise faster than expected on mobile phones [Globe & Mail]

-What a weaker loonie means for Canadian retail stocks [Financial Post]

-Canadian company's design-driven backpack finds global success (re: Herschel) [CTV]

-Walmart Canada helps struggling parents find snack options [Canadian Grocer]

-Cadillac Fairview's new beginnings (re: back to school shopping campaign) [Strategy]

-Two silver linings of the low loonie for Canadian retail (video with retail expert Antony Karabus) [BNN]

-Amazon's corporate culture raises questions about Canadian similarities [CTV]


Canadian News - Regional: 

-Cadillac Fairview sells 30% of Toronto TD Centre to Ontario Pension [Globe & Mail]

-L’Occitane to Open Premium Shop in Toronto Eaton Centre [Cosmetics Magazine]

-West Elm, new to Calgary, offering locally-made products [CBC]

-Tesla Motors to open massive Vancouver flagship store [Vancity Buzz]

-Beloved Victoria Macaron Patisserie set to open in Vancouver [Eating in Vancouver]

-Wholesale sector in Alberta ends six straight months of declines [Calgary Herald]

-Upper Canada Creamery launches two-ingredient yogurt [Canadian Grocer]


Our Previous Articles: 

-Saks Canada Secures Flagship Brands Despite Holt Renfrew's Luxury Dominance

-Australian Jeweller Michael Hill Plans to Double Canadian Store Count

-La Maison Simons Opens 10th Location [With Photos]

-Canadian Retailers are Increasingly Facing Stronger Headwinds

-Nordstrom Bringing Designer 'Space' Concept to Canada

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