recentpopularlog in

jerryking : marina_strauss   114

« earlier  
Lowe’s to close 27 stores in Canada as housing markets slow - The Globe and Mail
MARINA STRAUSS
NICOLAS VAN PRAET QUEBEC BUSINESS REPORTER
TORONTO AND MONTREAL
PUBLISHED NOVEMBER 5, 2018

Lowe’s Cos. Inc. is shutting 27 stores in Canada, mostly under the Rona banner, as well as offices and plants as the U.S. home-improvement retailer grapples with an overcrowded market and a cooling housing sector......In an increasingly tight home-improvement retail landscape, Lowe’s faces tougher competition from incumbents and emerging e-commerce players such as Amazon.com Inc. as well as reduced home sales.......While the home-improvement industry has enjoyed sales lifts over past years, that growth is moderating as the housing market loses steam, Mr. McLarney said. Many young consumers cannot afford to buy homes, while baby boomers are downsizing, resulting in fewer purchases for home improvements, industry observers say.

Home-improvement retail sales climbed 5 per cent last year to $48.2-billion, but are expected to pick up by only about 4 per cent in each of 2018 and 2019, according to Hardlines......Alex Arifuzzaman, founder of retail real estate adviser InterStratics Consultants, said consumers increasingly can buy many of the items home-improvement stores carry more conveniently online. At the same time, more people are moving into condominiums that don’t need as many renovations or repairs. “The profit model in the future is going to be different," he said.

Lowe’s said on Monday that of the 27 under-performing stores in Canada it will close by the end of January, nine are in each of Quebec and Ontario, while six are in Newfoundland and Labrador, two are in Alberta and one is in British Columbia.
Amazon  home-center_industry  home-improvement  Lowes  Marina_Strauss  Quebec  retailers  Rona  store_closings 
november 2018 by jerryking
Amazon shakes up grocery sector with $13.7-billion Whole Foods deal - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Friday, Jun. 16, 2017

Amazon’s latest planned takeover “is a testament to the digital disruption of the grocery landscape,” Mr. Allison said, noting the acquisition “brings together a combined strength in digital and brick and mortar.”

Fresh foods have been a critical battlefield for grocers as consumers have increasingly shifted their spending to fresh from processed fare in a bid to eat healthier, industry experts say. And 75 per cent of consumers prefer to purchase fresh foods in person rather than online, Nielsen data show. Now Amazon will try to steal that growing but lucrative portion of the business from incumbents with the help of the acquisition, industry watchers said.

Even restaurant operators will feel the pinch of Amazon’s takeover of Whole Foods, which has a $3-billion restaurant business. Indeed, the acquisition “is a seminal moment in the world of eating,” said David Palmer, retail analyst at RBC Dominion Securities.

Amazon is speeding up its delivery capabilities in select markets to as fast as one hour, Mr. Palmer noted. “The combined company is poised to become a category killer in the home meal solution business,” he said.
Sylvain_Charlebois  Marina_Strauss  prepared_meals  grocery  supermarkets  seminal_moments  Whole_Foods  Amazon  e-commerce  retailers 
june 2017 by jerryking
Sears Canada raises ‘significant doubt’ about its future - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Tuesday, Jun. 13, 2017 .

a number of retailers stand to profit from Sears’s woes. One of them is archrival Hudson’s Bay Co., which announced last week it is letting go 2,000 employees in North America and revamping to generate $350-million in annual savings.

“When a competitor is out, more customers are looking for a substitute,” said Hugh Latif of Hugh Latif & Associates Management Consultants.

Other potential beneficiaries of Sears’s problems could be discount giant Wal-Mart Canada Corp., Quebec fashion specialist La Maison Simons and Canadian Tire Corp., all of which may look at buying some of the Sears leases, in some cases to nab a better location, Mr. Latif said. Simons is one of the few retailers in this country that is rapidly expanding.

“Probably landlords will sweeten the pie for them,” he said.

And retailers such as Canadian Tire and Wal-Mart have been interested in potentially picking up some parts of Sears, most notably its rights to prominent brand names such as Kenmore appliances, industry sources said......In its transformation efforts, Sears Canada has so far relaunched four stores under its more minimal redesign, with 10 more planned this summer. It has also installed new technology for its “Initium” digital strategy, although it has faced some setbacks in the rollout. And along with introducing off-price discounted designer lines in apparel and home goods – borrowing a page from retailer Winners’s playbook, it also has overhauled its private-label lines under the new Sears Label to offer more affordable, higher-margin fashions and home décor items.
Sears_Canada  retailers  shopping_malls  Marina_Strauss  landlords  rollouts  HBC  Target  digital_strategies  store_closings  department_stores  playbooks 
june 2017 by jerryking
Inside the brutal transformation of Tim Hortons - The Globe and Mail
MARINA STRAUSS
THE GLOBE AND MAIL
LAST UPDATED: WEDNESDAY, FEB. 22, 2017

Since taking over the iconic chain in 2014, its new Brazilian owner, 3G Capital, has purged head office, slashed costs and squeezed suppliers. Shareholders are happy, but is 3G tearing the heart out of Timmy’s?.....3G is regarded as ultra-disciplined owners who are sticking to the same playbook they have followed at companies including Burger King, Anheuser-Busch, Kraft Foods and Heinz: massive layoffs, replacing legacy managers with hungry youngsters and, above all, a fanatical devotion to financial benchmarks and cost-cutting. (It remains to be seen whether this will also be the approach for RBI’s latest acquisition, Popeyes Louisiana Kitchen.)....Will 3G's analytics-driven overhaul of Tim Hortons—using the same template the private equity firm’s founders have deployed at railroads, brewers and food makers—succeed in the long run, or is it in danger of cutting the heart out of a Canadian icon? ......Suppliers are also feeling the squeeze. From the get-go, RBI made it clear it would be reviewing vendor relationships. And the company pushed for better terms, including extensions on bill payments to as much as 120 days from 30 days or less. Maple Leaf Foods, a major partner that supplied meat to Tim Hortons, declined to accept the new terms, and walked away....
Former employees also say RBI has cut back on product research and development spending at Tim Hortons, offloading some of that work to suppliers. That’s not uncommon in the fast-food world, but it can be risky. “Suppliers can do a great job with innovating and R&D, but you’re limited to what the supplier is trying to develop,” ......3G has never encountered a brand quite like Tim Hortons. It isn’t just another coffee company. It is a Canadian destination, an integral part of many Canadians’ day and a brand that defines us, to some degree, around the world.......“The risk, in looking at Tim Hortons through the lens of efficiency alone, is to miss the greatest value of the asset, and that is the Tim’s brand and its deep connection to the fabric of the country,” says Joe Jackman, founder of strategic retail consultant Jackman Reinvents, whose clients have included Old Navy, Hertz, Rexall and FreshCo. “You can’t cost-cut your way to retail nirvana.”
3G_Capital  brands  Canadiana  coffee  community_support  cost-cutting  cultural_touchpoints  data_driven  downsizing  efficiencies  fast-food  franchising  goodwill  head_offices  iconic  JWT  layoffs  Maple_Leaf_Foods  Marina_Strauss  organizational_culture  playbooks  private_equity  R&D  RBI  restructurings  staying_hungry  supply_chains  supply_chain_squeeze  Tim_Hortons  transformational  walking_away 
february 2017 by jerryking
How Ikea seduces us - The Globe and Mail
How Ikea seduces us
MARINA STRAUSS
The Globe and Mail
Published Thursday, May 27, 2010
disposability  Ikea  Marina_Strauss 
january 2017 by jerryking
M&M Meat Shops expands offerings, changes name in bid to lure customers - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Tuesday, Mar. 15, 2016
Acquired about 18 months ago by private equity firm Searchlight Capital Partner LP,....
"In November, M&M upgraded its website and click-and-collect e-ordering, which it has been offering for eight years. Shoppers order online and pick up at the store of their choice. The site has enjoyed a 40-per-cent rise in e-orders since the relaunch, Mr. O'Brien said. E-commerce purchases, at $65-plus each on average, are usually more than twice the value of in-store purchases, he added."
Marina_Strauss  meat  retailers  frozen_foods  CEOs  rebranding  M&M_Food_Market  BOPIS  e-commerce  private_equity  privately_held_companies  in-store 
march 2016 by jerryking
Sears Canada races to close more stores amid cost-cutting efforts - The Globe and Mail
Jan. 24, 2016 | G&M | MARINA STRAUSS - RETAILING REPORTER

Sears Canada Inc. is stepping up its efforts to close another round of stores, raising more questions about its fate and putting pressure on landlords who already have a lot of empty retail space.

The struggling Sears has instructed real estate firm CBRE to look for alternative uses for Sears’s weakest stores, such as its clearance outlets... As well, Sears officials are working internally to shrink its store network, he said....Sears’s most recent store-closing plans differ from previous shutdowns, which involved landlords often approaching Sears with offers to buy back the retailer’s store leases to replace Sears with alluring foreign retailers, such as United States-based Nordstrom Inc., which could draw more customers.

But amid the rash of retailers such as Target that have closed stores, landlords no longer have compelling new retailers to fill so much space. ...Sears is determined to turn around its core business and remain in many locations, although some may be downsized or closed when the lease expires. He hired Carrie Kirkman, a seasoned merchant, late last year as Sears’s new president, aiming to lure younger consumers with new styles and store layouts. He’s looking to improve the state of some of Sears’s stores.
Marina_Strauss  retailers  cost-cutting  commercial_real_estate  CBRE  consolidation  store_footprints  under-performing  downsizing  small_spaces  Sears_Canada  RioCan 
january 2016 by jerryking
All hail the hashtag: How retailers are drawing you in, one Facebook post at a time - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Tuesday, Sep. 29, 2015

Welcome to Retail 3.0, in which retailers use social media in a bid to draw young shoppers such as Campos back to bricks-and-mortar outlets.

Just a few years ago trendy shops lured consumers with an in-store coffee bar or barber shop. But today a hot brew or hair trim isn’t enough: Retailers increasingly feel the pressure to attract cyber-savvy shoppers to their physical outlets with eye-catching social media experiences that can be shared multiple times.

The social-media initiatives range from fitting rooms in Kate Spade stores that provide a backdrop for selfies with “like?” in a speech bubble to luxury parka purveyor Nobis installing photo booths at its store launch parties; and department store Nordstrom, whose roots are in shoes, encouraging shoppers to “shoefie” (take a selfie of their footwear) next to the store’s name. The images, uploaded on social media, put a spotlight on the brands.....social-media posts can pump up sales during an event as much as 20 per cent. About 60 per cent of Canadian consumers say they’ve come into contact with different products and brands through social media and, of those, 46 per cent say the interactions resulted in them making more purchases, up from 32 per cent in 2014, according to a survey this year by consultancy PwC.
digital_influencers  event-driven  social_media  Retail_3.0  imagery  Marina_Strauss  product_launches  selfies  retailers  millennials  Instagram  Facebook  e-commerce  bricks-and-mortar  in-store  footwear 
october 2015 by jerryking
No place for Future Shop as shopping’s future shifts - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail (includes correction)
Published Sunday, Mar. 29 2015
Marina_Strauss  retailers  e-commerce  consolidation  Future_Shop  Best_Buy  marketing  branding  bricks-and-mortar 
march 2015 by jerryking
How Target botched a $7-billion rollout - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Thursday, Jan. 15 2015
exits  Target  retailers  crossborder  Marina_Strauss  rollouts 
january 2015 by jerryking
Canadian Tire ups digital ante, offers 90 per cent of products online - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
TORONTO — The Globe and Mail
Published Thursday, May. 08 2014
Marina_Strauss  Canadian_Tire  e-commerce  innovation  Sport_Chek 
december 2014 by jerryking
Retail reboot: How e-commerce is forcing an industry transformation - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Friday, Nov. 14 2014

The Future Shop store reinvention is part of a wider retail reboot sweeping through the industry as retailers and malls are being forced to adapt amid the relentless surge of e-commerce. Shopper traffic in stores is in decline. At the same time, e-commerce is soaring and has never been more competitive.

Meanwhile, consumers expect more for less, as retailers increasingly lure them with a variety of new ways to shop in person and online, with added bonuses such as free shipping.

It all adds up to intensifying competition ahead for an industry already at war as big new entrants in Canada battle with established players to win over fickle consumers.
retailers  e-commerce  Marina_Strauss  reboot  expectations  foot_traffic  decline  shopping_malls  new_entrants 
november 2014 by jerryking
Online shopping forces malls to evolve to keep customers coming back - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
TORONTO — The Globe and Mail
Published Wednesday, Sep. 24 2014
Marina_Strauss  e-commerce  shopping_experience  shopping_malls 
september 2014 by jerryking
Mr. Baker's View
By MARINA STRAUSS

Friday, November 29, 2013
retailers  HBC  moguls  Marina_Strauss 
august 2014 by jerryking
Nordstrom bets on a slow, cautious entry into Canada - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Monday, Aug. 18 2014
marketing  Marina_Strauss  Nordstrom  retailers  market_entry  Canada 
august 2014 by jerryking
Saks Fifth Avenue plans to up luxury factor in Canada - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
TORONTO — The Globe and Mail
Published Tuesday, Jun. 17 2014,
luxury  Saks  HBC  Richard_Baker  Marina_Strauss  Mink_Mile 
august 2014 by jerryking
Wal-Mart targets rivals with price cuts - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Thursday, Aug. 14 2014
Marina_Strauss  retailers  Wal-Mart  pricing  price-cutting 
august 2014 by jerryking
Rexall reinvents itself in a bid to boost profitability - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Wednesday, Jun. 04 2014

Rexall’s transformation entails everything from replacing its deep blue and orange signature colours with “pool-side” aqua to launching new profit-friendly private label lines such as Be Better and adding more food. A key weapon of choice is offering flu shots and health consultations....Even so, Rexall may need to team up with another player, such as grocer Sobeys or discounter Wal-Mart Canada Corp. or Quebec-based pharmacy specialist Jean Coutu, Mr. Torella suggested. Rexall runs pharmacies in Ontario and Western Canada but none in Quebec nor Eastern Canada, where Sobeys operates drugstores..... Joe Jackman and his Jackman Reinvention Inc. firm, which helped revive Duane Reade and other retailers, is now advising Rexall in its change process.
pharmaceutical_industry  Loblaws  Marina_Strauss  retailers  reinvention  pharmacies  boutiques 
july 2014 by jerryking
Sobeys to close 50 stores amid tightening grocery field - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Thursday, Jun. 26 2014
Marina_Strauss  retailers  Sobeys  store_closings 
june 2014 by jerryking
Sobeys to close stores, chop jobs in wake of Safeway deal - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Wednesday, Jun. 25 2014
Marina_Strauss  retailers  Sobeys  Safeway  layoffs  Wall_Street 
june 2014 by jerryking
From the darkroom to Instagram: Canada’s photo stores refocus - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
Toronto — The Globe and Mail
Published Tuesday, Jun. 10 2014,
Marina_Strauss  photography  marketing 
june 2014 by jerryking
Wal-Mart makes gains in cutthroat grocery sector - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Thursday, May. 15 2014

Wal-Mart executives “will use their deep pockets and low-cost structure to outlast the competition until somebody else blinks,” said Jim Danahy, program director of the centre of excellence in retail leadership at York University’s Schulich School of Business and CEO of consultancy CustomerLAB.

At the same time, Loblaw and Sobeys, the country’s largest and second largest grocers, respectively, are aggressively seeking savings from their recent mergers, he said. Loblaw acquired Shoppers Drug Mart Corp. and Sobeys’ parent Empire Co. bought Safeway Canada.
retailers  Marina_Strauss  Wal-Mart  e-commerce  grocery  supermarkets  Loblaws  competitive_landscape 
may 2014 by jerryking
Loblaw plans to battle Amazon and Wal-Mart with online food operation - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
TORONTO — The Globe and Mail
Published Thursday, May. 01 2014,

Food e-commerce is one of the last frontiers of online retailing in Canada – a tough sector to penetrate because of the added costs of keeping food fresh and handling a lot of low-cost bulky items, from canned pop to soup.
Loblaws  e-commerce  Marina_Strauss  AmazonFresh  fresh_produce  retailers  Wal-Mart  Amazon  contra-Amazon 
may 2014 by jerryking
Grocer Metro faces cost headwinds - The Globe and Mail
Marina Strauss
- Retailing Reporter


The Globe and Mail

Published
Wednesday, Apr. 16 2014
retailers  Marina_Strauss  Metro  Loblaws  grocery  supermarkets 
april 2014 by jerryking
The Shopping Channel’s new look: high fashion - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Monday, Mar. 10 2014
Marina_Strauss  retailers  e-commerce  The_Shopping_Channel 
march 2014 by jerryking
Sobeys slashes jobs, costs after Safeway acquisition - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Thursday, Mar. 13 2014
Sobeys  cost-cutting  retailers  grocery  supermarkets  Marina_Strauss 
march 2014 by jerryking
Mall makeover: A new retail fight heats up - The Globe and Mail
TARA PERKINS AND MARINA STRAUSS Jan. 28 2014,

"I said to him, 'Look, you're missing an amazing opportunity,' " Mr. Sullivan recalls. "'We have a mall [the Eaton Centre] that has 50 million people a year walk through it. We are going to announce that we've got a Nordstrom deal shortly. And you have a great store at the other end, the Bay, which you've done a terrific job re-engineering. Why don't you think about putting a Saks in as part of that?....Dramatic changes in the retail landscape are providing a wake-up call for mall landlords, prompting them to replace tired retailers with new ones and leading Cadillac Fairview to launch a makeover of its Eaton Centre. There has been an influx of savvy foreign retailers, and every mall wants to be the first to attract the next big brand that migrates to Canada....."The ultimate goal is to have the right mix of anchors and small shops such that you maximize traffic, you maximize sales, and everyone wins."
Cadillac_Fairview  shopping_malls  HBC  Saks  Nordstrom  Marina_Strauss  retailers  product_launches  makeovers  anchor_tenants  store_within_a_store  luxury  landlords 
january 2014 by jerryking
With Safeway deal complete, Sobeys demands price cuts from suppliers - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Wednesday, Jan. 08 2014,

In its letter, Sobeys says its acquisition of Safeway Canada will provide it with a new growth platform in Western Canada, the country’s fastest-growing region, while also significantly increasing the retailer’s economies of scale. To help it gain scale, Sobeys will require the retroactive 1-per-cent “synergy savings rate” from suppliers, it says.

“This 1 per cent synergy savings rate will be deducted from payments starting the end of January 2014,” the letter says. “Retroactive savings will also be deducted. The rate applies to all branded and private label grocery products.

“In addition, and as you are aware, current market retail pricing conditions leave no room for absorption of cost of good increases. As such, Sobeys Inc. will not accept any cost of goods increases through 2014.”

It will make some exceptions in cases of pharmaceutical supplies and “single commodity items,” which are currently priced daily or weekly, such as sugar, or possibly “where extraordinary unforeseen circumstances apply,” the letter says.
Marina_Strauss  grocery  supermarkets  retailers  Sobeys  Safeway  scaling  consolidation  supply_chains  economies_of_scale  synergies 
january 2014 by jerryking
globeadvisor.com: Shoppers makes move into e-commerce
October 23, 2013 | G&M | MARINA STRAUSS.
Drugstore chain to offer Optimum points to customers of Montreal-based online fashion retailer Beyond The Rack

The country's largest drugstore chain is teaming with flash-sale fashion website Beyond the Rack to give Shoppers loyalty cardholders the chance to rack up more rewards. It's an important entry for Shoppers into the world of online shopping, as global rivals move quickly to gobble up market share.

"We see it as a first step to e-commerce," said Jim Noteboom, senior vice-president of business analytics and financial services at Shoppers, which is rolling out the new Optimum-Beyond the Rack site on Wednesday.

Shoppers has already dipped its toes in cybershopping waters, launching an e-commerce site tied to its small upscale Murale beauty chain last year. But it faces competition from powerhouse retailers Wal-Mart Canada Corp. and Amazon.com, which are expanding their online beauty and consumer product stores.

Shoppers is betting that its partnership with Montreal-based Beyond the Rack, one of the largest online retailers, will help speed up its embrace of e-commerce.
Marina_Strauss  Shoppers  retailers  e-commerce  Beyond_the_Rack  fashion  product_launches  flash_sales  loyalty_management  beauty  personal_grooming  personal_care_products  brands 
november 2013 by jerryking
American Girl dolls coming to Canada’s Indigo stores - The Globe and Mail
Marina Strauss - Retailing Reporter

The Globe and Mail

Published Tuesday, Oct. 29 2013

Indigo has been rapidly expanding beyond books to toys and other children’s products along with gifts and home wares to make up for declining book sales in the digital age.

Robert Gibson, an analyst at Octagon Capital, said Indigo will probably test the two American Girl boutiques and then roll out more across Canada – as many as 15 in major urban locations by fiscal 2015. “Because these are big ticket items, we don’t believe they will initially be in every store.”

He predicted that Indigo will drop weak-selling book space and replace it with the American Girl boutique
Marina_Strauss  Indigo  retailers  collectibles  toys  bookstores  new_products 
november 2013 by jerryking
Loblaw reducing work force by 275 employees - The Globe and Mail
Marina Strauss - Retailing Reporter

The Globe and Mail

Published Wednesday, Oct. 16 2013

Loblaw Cos. Ltd. is going through another round of job cuts as it races to bolster its operations in the face of intensifying competition.

The country’s largest grocer is reducing its staff of about 134,000 full-time and part-time employees by 275 people, mostly management and administration positions, spokesman Bob Chant confirmed on Wednesday morning. Just over 200 of the cuts are from Loblaw’s Brampton, Ont., head office with “minimal impact at the store level.”
head_offices  Loblaws  layoffs  Marina_Strauss  grocery  supermarkets 
october 2013 by jerryking
globeadvisor.com: Labour costs in spotlight as grocery wars shift to front lines
October 1, 2013 | Report on Business |MARINA STRAUSS.

Grocers are grappling with consolidation, as well as essentially zero inflation this year, forcing them to try to reduce costs, said Sylvain Charlebois, a food policy professor at the University of Guelph in Ontario. "Margins are very tight," he said.
Marina_Strauss  retailers  grocery  supermarkets  unions  Loblaws  Metro  Wal-Mart  Target  Sobeys  Safeway  UFCW  Sylvain_Charlebois 
october 2013 by jerryking
Retailers warn of spreading ‘bloodbath’ - The Globe and Mail
Sep. 17 2013| The Globe and Mail | MARINA STRAUSS - RETAILING REPORTER.

The added stress is felt acutely in Canada’s grocery industry, which is the victim of an essentially “zero-sum game,” Perry Caicco, retail analyst at CIBC World Markets, said in a recent report. He projects that sales will pick up by about $1.6-billion this year – with little or no inflation – but that sales tied to the expansion of retail floor space “will eat up most of the sales growth.” As a result, grocers can expect almost no real sales increases this year or next at stores open a year or more, a critical retail measure, he warned.

“The market is not easy,” said Vicente Trius, president of Loblaw Cos. Ltd., which this summer unveiled its massive $12.4-billion deal to acquire Shoppers Drug Mart Corp. to help take on rivals.

“This generates pressure in the market because you have a consumer who spends less,” Mr. Trius said.....Retailers are also teaming up with others to gain economies of scale and round out their businesses. About a month before Loblaw announced its deal for Shoppers, Sobeys said it would buy Safeway Canada for $5.8-billion to help bolster its foothold in Western Canada.
competitive_landscape  retailers  Marina_Strauss  Loblaws  Wal-Mart  Costco  Target  Rona  slow_growth  economies_of_scale  zero-sum_game  mergers_&_acquisitions  M&A 
september 2013 by jerryking
Dave Nichol: The man who revolutionized branding, and made simple exotic
Sep. 26 2013, | The Globe and Mail |SUSAN KRASHINSKY And MARINA STRAUSS

The Globe and Mail

Published Thursday,
obituaries  marketing  private_labels  Loblaws  retailers  Marina_Strauss  Susan_Krashinsky  branding  supermarkets  grocery 
september 2013 by jerryking
Loblaw’s timely acquisition amid rivalries
Jul. 24 2013 | The Globe and Mail |MARINA STRAUSS - RETAILING REPORTER




Published
Wednesday, ,
Loblaws  Shoppers  Marina_Strauss  Target  Wal-Mart  supermarkets  grocery  competitive_landscape  retailers 
august 2013 by jerryking
As consumers fret over prices, big grocers take fight Down East
Jul. 26 2013 | The Globe and Mail | by MARINA STRAUSS - RETAILING REPORTER.
Fresh Intelligence Research Corp.

Marc Poulin, chief executive officer of Sobeys, told analysts consumers are unpredictable and will check prices at different stores, keeping grocers on their toes.

“As retailers, we have to be especially sharp to entice the customer to spend the extra dollar,” he said. “I think the market is getting very competitive, that’s for sure, and it’s the result of the fact that we have a fickle consumer and a lot of square footage being added to the marketplace.”
Atlantic_Canada  Marina_Strauss  grocery  supermarkets  Loblaws  Shoppers  Wal-Mart  retailers 
july 2013 by jerryking
Indigo’s next chapter could be global - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Last updated Wednesday, Jun. 26 2013,
Marina_Strauss  retailers  Indigo  Heather_Reisman  globalization 
june 2013 by jerryking
Sears joins retail’s real estate push
Jun. 04 2013 | The Globe and Mail | MARINA STRAUSS - RETAILING REPORTER.

“Everyone is milking their real estate,” said Jack Klaiman, president at retail real estate adviser Oberfeld Snowcap. “This is the hidden asset. … It’s a smart move.”.... “Real estate has always been a valuable aspect of many businesses, particularly in retail,” he added. “This is the right development opportunity for us to pursue.”

Real estate is a hot commodity in retail as a growing array of foreign retailers look for sites here amid a dearth of locations. Retailers, including Nordstrom, are believed to be interested in some Sears sites, especially its flagship store at the Toronto Eaton Centre, where its head office also is located.
head_offices  commercial_real_estate  real_estate  Marina_Strauss  REITS  retailers  Loblaws  Canadian_Tire  hidden  Sears_Canada 
june 2013 by jerryking
Unlikely expansion: When retail brands go wholesale -
Apr. 16 2013 | The Globe and Mail | MARINA STRAUSS - RETAILING REPORTER.

Aldo Group Inc. is on the hunt for retail space – inside the stores of other retailers, as the shoe specialist pursues a cost-conscious expansion in which it is teaming up with a growing roster of indirect rivals.

Merchants ranging from Aldo to fashion purveyor Joe Fresh (owned by grocery giant Loblaw Cos. Ltd.), Reitmans (Canada) Ltd. and Hudson’s Bay Co., have stepped up their partnering efforts, even as they raise the stakes by being tied to sometimes unstable chains....multichannel distribution allows rapid expansion into new markets without the expense or time needed to open new stores....Retailers are trying to cash in on brand awareness and production expertise to reach more customers in a cost-savvy way. But the business model isn’t without drawbacks, as merchants lose some control over the placement, prominence and marketing of their products....For years, in a reverse trend, manufacturers – from Nine West to Apple – have set up their own standalone stores to showcase their products and ensure their brands are not lost among many others within a larger retailer.

“Retailers want to be wholesalers and wholesalers want to be retailers,” Mr. Lichtszral said. “The lines are blurred everywhere … Wholesale distributors are opening their own websites and shipping directly to the consumer and, in doing that, are technically competing with their retail customers.”
growth  retailers  brands  distribution_channels  Aldo  Loblaws  Nine_West  Apple  wholesalers  multichannel  omnichannel  Joe_Fresh  partnerships  Reitmans  HBC  business_models  drawbacks  merchandising  manufacturers  expansions  store_within_a_store  cost-consciousness  Marina_Strauss  standalone  Fortune_500 
may 2013 by jerryking
Wal-Mart expansion eggs on Canadian food fight
Apr. 24 2013 |The Globe and Mail | MARINA STRAUSS.

the most immediate threat isn’t so much the newest player, discounter Target Corp., which is getting a lot of attention as it opens its first stores here, but rather low-cost titan Wal-Mart Canada Corp. It has launched an aggressive $450-million expansion this year after snapping up former Zellers stores from Target, building up full food offerings in Wal-Mart supercentres while Target offers only a limited fresh food selection.....Ontario is ground zero for the fiercest food fight in years after Wal-Mart rushed last fall to open its new supercentres before Target rolled out its first 24 outlets in that province last month, with 100 more opening across the country in 2013.

An uncertain economy has put pressure on supermarkets such as Metro and industry leader Loblaw Cos. Ltd. to find new avenues of growth, including the burgeoning ethnic market.
...The grocers are also focused on improving their fresh offerings to serve as a key differentiator, investing in its distribution to ensure that products get to stores faster and stay fresh longer.

And they’re betting more on loyalty programs, trying to sway customers by offering them deals that are personalized for them, and in the process collect more data to monitor customer demands more precisely.
Marina_Strauss  food  retailers  ethnic_communities  Loblaws  supermarkets  Wal-Mart  Metro  grocery  Target  big-box 
may 2013 by jerryking
Staples looks to downsize 39 stores - The Globe and Mail
Staples looks to downsize 39 stores Add to ...

Marina Strauss

The Globe and Mail

Published Wednesday, Apr. 10 2013
Staples  downsizing  big-box  commercial_real_estate  Marina_Strauss 
april 2013 by jerryking
Amazon.ca: Books, bath and beyond
Mar. 28 2013| The Globe and Mail | MARINA STRAUSS

The Globe and Mail

Published Thursday,
e-commerce  Amazon  personal_care_products  Wal-Mart  Loblaws  Shoppers  Marina_Strauss  retailers 
march 2013 by jerryking
Canadian Tire's 'funny money' dilemma - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Wednesday, Feb. 15 2012,
customer_loyalty  Canadian_Tire  Marina_Strauss  retailers 
january 2013 by jerryking
Weston-Loblaw link puts heat on bread business - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Monday, Nov. 26 2012
retailers  Loblaws  Marina_Strauss  George_Weston  bread 
december 2012 by jerryking
Leon’s buys rival The Brick, to take on U.S. retailers - The Globe and Mail
Marina Strauss - Retailing Reporter

The Globe and Mail

Last updated Monday, Nov. 12 2012,
furniture  retailers  mergers_&_acquisitions  M&A  Marina_Strauss 
november 2012 by jerryking
Rona retools in Lowe's fight
August 8, 2012
Retailer facing U.S. takeover aims to reverse fortunes and fend off hostile bid with smaller stores, closure of money-losing big-box outlets

MARINA STRAUSS and JOSH WINGROVE
Rona  Lowe's  mergers_&_acquisitions  retailers  Marina_Strauss 
august 2012 by jerryking
Data mismatch lets Joe Fresh goods go stale - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Thursday, Jul. 26 2012
Joe_Fresh  Mimran  Loblaws  Marina_Strauss  J.C._Penney  retailers  mismatches  data 
july 2012 by jerryking
Eco-friendly the lure for Reisman's new stores
September 19, 2008 | Globe & Mail | By MARINA STRAUSS.

Ms. Reisman also took inspiration from Mickey Drexler, a Wall Street darling and former head of clothier Gap Inc., who is now CEO of J. Crew Group, on whose board of directors Ms. Reisman sits. "What I learned from Mickey is: You have to have a point of difference and you have to have a real passion for what you're trying to do. Second, you're not going to get it all right, which I knew from experience."
eco-friendly  spin-offs  Marina_Strauss  green  retailers  Indigo  Whole_Foods  Heather_Reisman  Mickey_Drexler 
june 2012 by jerryking
Not your grandmother's gardening any more - The Globe and Mail
Sarah Boesveld and Marina Strauss

The Globe and Mail

Last updated Friday, Mar. 25 2011
gardening  Marina_Strauss 
june 2012 by jerryking
Nabbing grocery shoppers where it counts most – at the store shelf
Jun. 11 2012 | - The Globe and Mail | MARINA STRAUSS - RETAILING REPORTER.
consumer-products giant Unilever Canada Inc. will soon move almost all its marketing spending for its Knorr products – about $5-million annually – to in-store initiatives such as displays, signs, samplings and chef appearances while ditching television, radio, digital and other media ads.
grab shoppers’ attention at the store aisle where most – 76 per cent – of today’s purchasing decisions are being made, compared with 70 per cent in 1995.
grocery  Marina_Strauss  Unilever  CPG  Kraft  in-store 
june 2012 by jerryking
globeadvisor.com: How retailers romance their top customers
June 4, 2012 | G&M | MARINA STRAUSS.
From loyalty programs to 'treasure products,' merchants use new ways to woo their best buyers - and keep them from shopping around.

"retailers are courting their premium customers like never before.

These customers aren't necessarily merchants' wealthiest shoppers, but rather their most valued ones: Those who, for the sake of convenience or product choice, often pay full price rather than wait for a sale. They make up just 30 per cent of consumers, but generate about 50 per cent of retail sales and 70 per cent of gross profit margins, according to new research from rewards-program specialist Aeroplan"
retailers  HBC  Marina_Strauss  customer_loyalty  loyalty  Aeroplan  Longo's  Shoppers  loyalty_management 
june 2012 by jerryking
How Sears plans to get its mojo back
May. 25, 2012| The Globe and Mail | MARINA STRAUSS

RETAILING REPORTER

NEWMARKET, ONT.

From Friday's Globe and Mail

Last updated Friday,
Sears_Canada  Marina_Strauss  retailers  Wal-Mart  Target  CEOs 
may 2012 by jerryking
Take that washer for a spin (cycle) first
03 Aug 2004 | The Globe and Mail B.1.| Marina Strauss.

Maytag stores are the latest example of "experience retailing," where merchants pour extra money into in-store setups that allow shoppers to actually use or experience products before deciding on a purchase.

In an increasingly low-margin, cutthroat sector, letting consumers test-drive merchandise can give retailers an edge over rivals, observers say.
ProQuest  Marina_Strauss  Maytag  experience  experiential_learning  retailers  in-store 
april 2012 by jerryking
Virtual shopping gets real at Toronto subway station - The Globe and Mail
marina strauss — RETAILING REPORTER
From Tuesday's Globe and Mail
Published Monday, Apr. 02, 2012

while mobile retail is about to boom, the jury is still out on the use of QR codes, said Kaan Yigit, president of Solutions Research Group. Only 20 per cent of Canadian smartphone owners use them; those people are generally male and over half the users are under 30, he said.

For the virtual-store idea to work, shoppers first need to install the app and then use a QR code. “Unless what they are selling is highly exclusive or unique, there are just easier ways to buy the same thing – either at brick and mortar stores or online.”
Marina_Strauss  retailers  mobile_applications  mobile_phones  Well.ca  Toronto  QR_codes 
april 2012 by jerryking
Rona, other retailers thinking outside the big-box - The Globe and Mail
marina strauss — RETAILING REPORTER
From Friday's Globe and Mail
Published Thursday, Feb. 23, 2012
Rona  big-box  retailers  Marina_Strauss 
march 2012 by jerryking
Strange weather playing havoc with retailers’ plans - The Globe and Mail
marina strauss — RETAILING REPORTER
From Thursday's Globe and Mail
Published Wednesday, Mar. 21, 2012
retailers  Marina_Strauss  weather 
march 2012 by jerryking
« earlier      
per page:    204080120160

Copy this bookmark:





to read