In January, Shoes.com announced that it would be shutting down its operations by taking its three properties — Shoes.com, OnlineShoes.com, and ShoeME.ca — offline and closing two physical stores in Vancouver and Toronto. On the latest episode of The Disruptors, co-host Bruce Croxon sat down with Sean Clark, the co-founder and former chief revenue officer of Shoes.com, to discuss what went wrong with the company and how Clark dealt with its closure. “We did too much too fast. When you’re actually growing through acquisition, which is how we grew, there’s a lot of challenges,” said Clark. “There’s system integration challenges. There’s culture challenges. Not only that, we’re in a very competitive space. There’s a crowded space in footwear and obviously, players like Amazon are putting the pressure on the entire market.”
The country’s biggest grocers are unlikely to play along with deep cuts by Whole Foods’ new owner Amazon in the produce aisles of its 13 locations across Canada
Addition Elle, the Montreal-based fashion brand with over 30 years of experience catering to plus-size women, is once again taking its fashion democracy message to the runways of New York Fashion Week. While the brand is on its 3rd year at NYFW, this will be the first time they will be showing as part of the official shows, indicating just how far the brand and the fashion industry have evolved. Addition Elle will be showcasing their Fall/Winter collections from boundary-breaking supermodel Ashley Graham and body-positive role model Jordyn Woods. Then, taking a page from the new "see now, buy now" retail model that is sweeping the industry, Addition Elle will open a weeklong pop-up store inviting women to bring the runway home with them. "We are so excited to be a part of the IMG Fashion Week schedule and to share the fashion forward collections that demonstrate there are no limits with regard to size," says Roslyn Griner, Vice President of Visual Planning and Marketing at Addition Elle. "We want to share our brand with our fans in the US with the launch of our Pop-Up shop and new US web-site."
Dollarama Inc. (TSX:DOL) is one of the best retail stock in Canada at the moment, and for good reason too. The dollar store operator continues to surprise investors, analysts, and shoppers alike with quarter after quarter of impressive results.
A key ally of Donald Trump says Canadians should understand the U.S. president believes in free trade, and they shouldn't read too much into what they hear.