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    Recent Posts

    Recent Articles

    Target announces Starbucks as coffee retailer for Canadian stores (Starbucks Newsroom)

    Loblaws launching loyalty program to coincide with Target entry (Globe and Mail)

    Zellers reviews options for outlets ‘left behind’ (Globe and Mail)

    Canadian malls are the Target of expansion(Montreal Gazette)

    Sobeys and Target: a winning combination (Financial Post)

    Target’s rejected sites in high demand by rival retailers (Globe & Mail)

    Walmart, Canadian Tire in Target's crosshairs (Financial Post)

    What we can expect: Tony Fisher talks about Target Canada (Financial Post)

    Target’s Canadian foray hits cost hurdle (Globe & Mail)

    Announcement of which Zellers are to convert coming by end of May? CTV

    "Death of Canadian retail greatly exaggerated" Rona CEO (Financial Post

    Impact on Canadian Tire (Financial Post)

    Canadian Retail Industry Viewpoints (Profit Magazine)

     

     

     

     

     

    BIG DATA - RELEVANT RESULTS

    In the retail & shopping centre domain our breadth of experience is among the best in Canada. We have worked on landmark projects around the world using Big Data. We integrate our results with your internal processes to allow for ongoing analytics by you and your team.

    • We offer unmatched recent exposure to industry best practices which we can bring to your organization.
    • We use advanced yet intuitive analytics as the foundation for a meaningful analysis that bridges between market analysis and financials.

    We would be pleased to discuss your business needs and how we can contribute.
    Contact us
    and we will provide free assessment to your organization.

      

    Tuesday
    Mar312015

    Future Shop dead; half of stores survive as Best Buys

    The Future Shop name became a thing of the past on Saturday morning, as U.S.-based owner Best Buy Co. consolidated the stores under the Best Buy banner, abruptly eliminating 500 full-time and 1,000 part-time positions.

    In all, 131 stores in the Canadian electronics chain were closed — 66 of them permanently. Another 65 will be closed for a week, reopening under the Best Buy banner. Employees got no advance notice and found out upon arriving for work.

    “A lot of us thought it was a joke at first but then we realized it wasn’t and the atmosphere became very sad and upset,” William Smith, 23, told the Star on the phone from Belleville.

    “Everyone was very upset, myself included, as I have a six-month-old little girl and a stay-at-home wife,” said Smith, who had worked at a Belleville Future Shop for more than two years.

    To view the full article, click here.

    Tuesday
    Mar312015

    Walmart Canada says no more free shipping for most orders under $50

    Walmart Canada is implementing a $50 minimum order for free standard online shipping, and shoppers can thank Target Canada’s demise for the change, a retail expert says.

    “It’s a fall-out of easing competition,” said Schulich School of Business marketing professor Detlev Zwick of Walmart’s move, which was announced Monday. “That is why I for one was sad to see Target leave and (am) shaking my head at consumers — you know, online discussion boards and such — that saluted the departure of ‘The American’ retailer.

    “I knew that what you get in return is the remaining competitors again ramping up prices; reducing discounts and in-store sales offers; reducing other margin-eroding benefits, such as shipping, warranties, bundle offers, and so on.

    “If Walmart no longer feels the pressure to offer free shipping on everything, other retailers will also be able to relax some things here and there to increase margins. For consumers, all this means likely higher prices down the road.”

    To view full article, click here.

    Thursday
    Mar262015

    La Vie en Rose saves sinking Bikini Village

    Lingerie retailer Boutique La Vie en Rose is buying Groupe Bikini Village, keeping it from closing its doors.

    The specialty swimwear retailer sought creditor protection last month under the Bankruptcy and Insolvency Act and was looking for a partner or buyer.

    “There’s a very good niche for that market,” said La Vie en Rose president and CEO François Roberge, explaining his decision to acquire the chain for “less than $4 million.”

    Bikini Village was $6 million in debt and had a net loss of $6.4 million last year, and a $1.1-million loss the year before.

    Montreal-based La Vie en Rose, which sells lingerie and swimwear in 180 stores across Canada, is growing its international presence, with 90 stores in 17 countries.

    The retailer will keep 48 stores under the Bikini Village banner but will close its four liquidation outlets, all in Quebec.

    “Of course there will be some jobs that we will have to lose to be more efficient,” said Roberge, estimating that a total of 50 positions will be cut.

    to view the full article, click here.

    Tuesday
    Mar242015

    Target Canada began thinking of closing last summer

    Weeks after employees were assured that Target was committed to Canada, the legal department at headquarters in Minneapolis first raised the concept of a Canadian insolvency, according to newly filed court documents.

    “Target Corporation’s internal legal department first raised the concept of a Canadian insolvency filing in summer 2014. However, the possibility of an insolvency filing was not explored or considered in any meaningful way until around late October, 2014,” according to a document filed by lawyers for Target Canada Corporation (TCC) in Ontario Superior Court.

    In the document, Target responds to 61 questions submitted by suppliers, some of whom have argued that the company bulked up on inventory before declaring insolvency Jan. 15, leaving them with unpaid invoices and no legal way to reclaim their goods.

    To view the full article, click here.