Today's retail news from around the web: July 9, 2014

Top Stories: Canada:

-Canadians less likely to buy online than are Americans, according to numbers released by Stats Canada. [BIV]

-Pace of online sales growing five times more than traditional retail: report. [Yahoo]

-Lululemon Athletica Inc looks ripe for activist investor. [Financial Post]

-It's time to adapt ads to suit the modern man (who likes cooking, fashion and grooming). [Globe & Mail]

-Vending machine industry lures back customers with healthier offerings. [Globe & Mail]

-Jean Coutu profit dips to $54 million. [CBC]

-Sobeys signs strategic partnership with Agropur that includes sale of Western dairy assets and long-term supply agreements. [Newswire]

Interesting article [Source: Seeking Alpha]

-Target Canada: It's Worse Than We Thought:
1) Target's losses north of the border are greater than we thought.
2) Target has no plans to start online sales in Canada anytime soon.
3) Target is pursuing an outdated business strategy that could doom it to irrelevance

Canadian News: Region-by-Region:

-Canada's 1st 'vegetarian butcher' opens in Toronto. [CBC]

-Outdoor retailer Cabela's will open its 1st Calgary location (70,000 sq ft) at Deerfoot Mall. [Calgary Herald]

-Cabela's is also coming to Nanaimo, BC. [Nanaimo Bulletin]

-Canadian Tire must pay $7,000 for detaining man: Quebec Court. [Montreal Gazette]

-Kanata big-box development given go-ahead, despite staff recommendation. [Ottawa Citizen]

-CTV Grocery Price Comparison for July [CTV Calgary]

-Victoria's Empress Hotel (with a retail component) will see a substantial renovation under new ownership. [Vancouver Sun]


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