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Found 12 results

  1. Not a good day for retail! http://ottawacitizen.com/business/local-business/sony-announces-it-will-close-all-sony-stores-in-canada Sony Corp. will close all 14 of its Sony Stores across Canada as the company continues to struggle to reshape its business. The company made the announcement on Thursday in a memo to the employees of its stores — including its Ottawa location in the Bayshore Shopping Centre — telling them that the stores will cease operations within the next two months. The company confirmed the news in a statement released to The Citizen. “Over the next 6 to
  2. FINANCIAL POST http://network.nationalpost.com/np/blogs/fpposted/archive/2007/11/15/the-rebirth-of-downtown-montreal.aspx Posted: November 15, 2007, 2:46 AM by DrewHasselback Montreal Downtown Montreal is going through a rapid revitalization that has seen the rise of condo towers, university buildings, hotels -- and major international retailers. Nowhere is this more apparent than the corner of Peel and Ste-Catherine, one of the city's busiest spots. "The corner has always had a certain amount of vibrancy," says Sam Sheraton, senior administrator for Montreal's Drazin
  3. Can Richard Baker reinvent The Bay? MARINA STRAUSS From Monday's Globe and Mail NEW YORK — Richard Baker, the new owner of retailer Hudson's Bay Co.,mingled with the New York fashion elite as the lights dimmed for designer Peter Som's recent show, offering opinions and taking a close look at the latest in skirts and dresses. It's a stark contrast to previous HBC owner Jerry Zucker, who HBC insiders had a hard time picturing with fashionistas in New York. But Mr. Baker, who made his name in real estate, knows it is time for a new approach at the struggling retailer. “As an
  4. 539 Sainte-Catherine Street Montreal, QC This building is situated at the northeast corner of Sainte-Catherine and Aylmer, across the street from The Bay's 640,000 sq. ft. main store. The property can accommodate a tenant of up to 5,000 sq. ft. on the ground floor, with potential for a mezzanine if required. The 40 foot facade on Sainte-Catherine Street, ceiling heights above 14 ft., excellent visibility, and the presence of many national retailers in the immediate vicinity create an ideal location for a flagship retail store in downtown Montreal. The building is
  5. Dana FlavelleBusiness Reporter Dana Flavelle Business Reporter There’s a bill before the U.S. Congress that would allow Americans to bring back $1,000 worth of Canadian goods duty-free after just a few hours of shopping across our border. Meanwhile, Canadians can’t bring back anything from the U.S. duty-free until they’ve been away for 24 hours. Even then the limit is $50. This protectionism is one of the reasons U.S. retailers who open up shop in Canada can charge higher prices here than in their home market, an economics professor says. “There are two reasons price
  6. Microsoft to Open Stores, Hires Retail Hand By NICK WINGFIELD Microsoft Corp. said it hired a former Wal-Mart Stores Inc. executive to help the company open its own retail stores, a strategy shift that borrows from the playbook of rival Apple Inc. The Redmond, Wash., company said it hired David Porter, most recently the head of world-wide product distribution at DreamWorks Animation SKG, as corporate vice president of retail stores for Microsoft. In a statement, Microsoft said the first priority of Mr. Porter, who is also a 25-year veteran of Wal-Mart, will be to define where t
  7. Toronto : The downside of up TENILLE BONOGUORE Globe and mail Old Toronto is booming, thanks to a flood of new condo dwellers. So why are prime retail strips awash in 'for lease' signs? Tenille Bonoguore recently counted 54 empty storefronts on one stretch of Queen alone. With rents soaring, is it only cashed-up chains that can survive? The garlands were up, the Christmas songs were playing, but inside the Danforth Avenue store Paper and Presents, the mood was anything but merry. It was December, 2007, and instead of spreading good cheer, customers were hurling abuse abou
  8. Canadian retail sales up in 2008: Report By Derek Abma, Canwest News ServiceJanuary 9, 2009 10:04 AM A report released Friday by Canada's largest processor of credit- and debit-card transactions indicates people were spending more money this past holiday season than the year before despite the downbeat economic environment. Moneris Solutions said its data for December sales indicates "resilience" in consumer spending last month and "dramatic growth" for certain categories, such as department stores and clothing retailers. Moneris said it processed two per cent more sale
  9. plannersweb.com/2014/02/walmart-stores-go-small-urban/ <header style="color: rgb(51, 51, 51); font-family: 'Minion W01 Regular', Times, serif; font-size: 15px; line-height: 21px;"> Taking a Closer Look Walmart Stores Go Small and Urban by Edward McMahon </header>Can big box retailers think outside the box? A few years ago the idea of a pedestrian friendly big box store would have been laughable, but as urban living has become more popular the major chain retailers are paying attention and beginning to build urban format stores. On December 4, 2013 Walmart opened its
  10. THE CANADIAN PRESS MONTREAL–Cadillac Fairview has announced a $52-million investment to "bring elegance and luxury to the shopping experience" at Carrefour Laval in suburban Montreal. The renovation, starting immediately and set for completion by the autumn of next year, includes relocating the shopping centre's food courts into a new 1,200-seat complex, adding more stores and ``harmonizing the common areas with the garden court." Cadillac Fairview, owned by the Ontario Teachers' Pension Plan, said Wednesday the design is "inspired by the urban trend seen in shopping centres of lea
  11. Here are some examples that show US based companies that have retail stores in Québec, but don't rush (if at all) to translate their online sites, probably because of the relatively small population base in Quebec vis à vis North America. In the meantime we are cut off from ordering online. http://montrealgazette.com/business/local-business/retail/blocked-in-quebec-u-s-stores-shut-down-english-only-web-sites-when-they-open-here Blocked in Quebec: U.S. stores shut down English-only web sites when they open here EVA FRIEDE, MONTREAL GAZETTE More from Eva Friede, Montreal Gazette
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