Canadian Retail News From Around The Web: June 16, 2015

Photo: Tiffany & Co.

Photo: Tiffany & Co.

Our Article of the Day: 

1) Tiffany & Co. Opens at Rideau Centre

2) Vancouver One of Only 12 World Cities to Feature New Burberry Collection


Top Stories - Canada: 

-Brick and mortar stores go high-tech to keep up with online retailers [Globe & Mail]

-Gap to close 175 stores in North America (Including an undisclosed # of Canadian stores) [CBC]

-From Okanagan town, Kal Tire treads across Canada [Vancouver Sun]

-Sleep Country looks to raise $250M in IPO [Toronto Star]

-Spin Master Corp. files preliminary prospectus [Newswire]

-Canadian deal hunters skeptical of ‘sales’ claims, says study [Toronto Star]


Top Story - HBC buys German Dept. Store Kaufhof:

-Hudson's Bay's $3.3B German deal: What does it mean here? [Toronto Star]

-HBC eyes European launch for luxury retailer Saks [Globe & Mail]

-As Hudson’s Bay Co. takes on Germany, it can learn from Wal-Mart’s ‘disaster’ [Financial Post]

-Here’s what you need to know about Germany’s Galeria Kaufhof [Financial Post]

-HBC’s $3.9-billion German deal both a test and a challenge [Globe & Mail]

-Why is Saks owner buying a struggling German retailer? [CNN]


Canadian News - Regional:

-Costco to move to Shoppers City East in 2017: sources [Ottawa Business Journal]

-Westmount Square is up for sale [Montreal Gazette]

-Sears in North Sydney, Cape Breton, closes its doors [CBC]

-Craft brewers turn to LCBO, pubs to get their beer in glasses [Global]

-Employment questions as Lowe's eyes Shoppers World [Beach Metro News]


Our Previous Articles: 

-Versace & Brunello Cucinelli to Join Strellson at 745 Thurlow

-List of Retailers Opening and Expanding in Canada: June 2015

-Why Telus is Shuttering Iconic BLACKS Photography

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