Most Clicked NRF Global SmartBrief Stories


1. Target's departure from Canada may signal a sea change

NRF Global SmartBrief | Jan 29, 2015

Target's decision to close its 133 Canada stores and exit the market highlights a shift away from one-stop superstores, say some retail real estate experts. "We're reverting to where we were 50 years ago, where people go out on a shopping trip and they go to the butcher for meat, they go to the green grocer for the vegetables," said Bob Levine, a principal at Avison Young in Vancouver. Vancouver Sun (British Columbia), The (28 Jan.)


2. Jones New York to shutter all 127 stores

NRF Global SmartBrief | Jan 30, 2015

Jones New York will close all of its 127 stores this year, including 36 in Canada, and phase out its wholesale line while it seeks "strategic alternatives" for the brand, the company said Thursday. Private-equity firm Sycamore Partners acquired the brand as part of its $2.2 billion cash and debt purchase of parent The Jones Group last year. CBC.ca (Canada) (29 Jan.) Philly.com (Philadelphia) (29 Jan.)


3. Japan's Uniqlo to debut in Canada next year

NRF Global SmartBrief | Jan 26, 2015

Japanese fashion retailer Uniqlo will open its first two stores in Canada, in Toronto, in 2016, the company said Monday. The retailer operates 1,500 stores in 16 countries including the US. "It's in reasonable proximity to our New York City flagship store on 5th (Ave.) and we thought it would be a natural expansion," said Larry Meyer, CEO for the US and Canada. Toronto Star, The (26 Jan.)


4. H&M to open 400 stores, launch beauty concept in 2015

NRF Global SmartBrief | Jan 28, 2015

Wall Street Journal (tiered subscription model), The (28 Jan.)


5. Tim Hortons cut 350 jobs at HQ, regional offices

NRF Global SmartBrief | Jan 30, 2015

Financial Post (Canada) (29 Jan.)


6. Saks' top menswear buyer sets the trends

NRF Global SmartBrief | Jan 30, 2015

Merchandise manager Tom Ott of Saks Fifth Avenue helps designers tweak their extreme runway styles to make them more desirable to mainstream buyers. Ott decides which collections to see, how much will be spent on each designer line and which fashions should be stocked in each of the upscale retailer's 39 stores. Wall Street Journal (tiered subscription model), The (28 Jan.)


7. Sources: Tim Hortons to announce corporate job cuts

NRF Global SmartBrief | Jan 26, 2015

Financial Post (Canada) (23 Jan.)


8. Why mobile is becoming more essential to in-store shoppers

NRF Global SmartBrief | Jan 29, 2015

Mobile shopping numbers were up 27.2% in the 2014 holiday season, according to an IBM report. "I think that convenience and ease of use have absolutely become as important as discounting," said Jess Stephens of marketing software firm SmartFocus. MediaPost Communications (22 Jan.)


9. Lululemon founders aim to build on success with new line

NRF Global SmartBrief | Jan 30, 2015

Lululemon founder Chip Wilson's vision for stylish yoga wear led a revolution in casual wear for women, many of whom now sport their workout clothes throughout the day. His wife, designer Shannon Wilson, has launched Kit and Ace, a brand that's dressier but still washable and comfy. "Ten to 15 years from now, it will be indistinguishable what is street wear and what is athletic wear," Chip said. New Yorker (tiered subscription model), The (02 Feb.)


10. IKEA to serve up meatless meatballs

NRF Global SmartBrief | Jan 30, 2015

Swedish furniture retailer IKEA will start selling a vegan version of its signature meatballs at stores this spring. Money magazine (28 Jan.)




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