Other News: New 80,000 sq ft home furnishings centre opens in Toronto, Square One’s ‘Market District’ embraces independent vendors, 12,000 sq ft Rogers experience centre opening at Canada’s busiest pedestrian intersection.
Lance Itkoff, President and CEO of Grafton Apparel, discusses Tip Top’s reinvention as well as plans to reclaim and increase the retailer’s share of the menswear market in Canada.
The popular beauty behemoth is reportedly strategizing its highly anticipated entry into the already crowded Canadian market.
The well-known entrepreneur is expanding his business empire with a new retail endeavour that could lead to physical storefronts.
Furious retailers say rules forcing them to remove all vaporizer products from store displays could put them out of business, with threats of harsh penalties for non-compliance.
Industry expert Sylvain Charlebois says retailers are missing opportunities as consumers gravitate to voice-assisted searches and other technology. Not getting on board could leave some companies in the dust.
A research professor conducted a study that shows that in the age of of Amazon, having an online and physical storefronts is rarely profitable, and can intensify competition between channels and ultimately harm the retailer.