On Tuesday, Canada’s oldest retailer will open the first of 10 Hudson’s Bay stores starting up in 2017 in the Netherlands, “where the exodus of other players left a major vacuum between the highest-end players and the discount chains,” according to HBC chief executive Jerry Storch. HBC expanded into Europe with the $3.9 billion purchase of the Kaufhof department store chain in Germany and Belgium. Last year the owner of Lord & Taylor and Saks said it would open up to 20 stores in the Netherlands, where the market faced a void after the collapse of Dutch department store V&D in late 2015. “In the internet era you may not need as much space as what existed in the past,” Storch said. “They had 60 stores covering the Netherlands, and we are targeting 20 stores.”
The Wall Street Journal is reporting that Amazon will launch its Prime Now one- and two-hour delivery service in Canada this November.
Will the e-commerce giant change where — and how — Canadians shop for groceries? "Consumers should be able to win because hopefully Amazon will bring to the grocery industry what they were able to bring in terms of online commerce," said Marion Chan, a consumer analyst at TrendSpotter Consulting.
Analysts are worried athleticwear as fashion outside of the gym could be coming to an end, but CEO confident of hitting $4 billion revenue by 2020
Like many brands, Dyson is increasingly selling directly to customers, including through a series of its own physical stores.