2014 overall, total Canadian retail sales increased 4.7%, the highest annual
growth since 2010 The 4.7% growth in 2014 was
also a significant
improvement over the 3.2% gain recorded in 2013. Total Canadian retail sales
in
2014 were $505.6 billion (although this excludes unreported non-store
retailers). Promising picture for most Canadian retailers heading
into 2015.
retail-
insider.com
Walmart raises pay for 40% of U.S. workers, but no changes in
Canada
"All Walmart Canada jobs start above the minimum wage," spokesman
Alex Roberton
said. "In addition, hourly associates working full time at Walmart
Canada on
average earn significantly above the minimum wages set by provincial
governments
across Canada which are also generally higher than government set minimum
wages
in the U.S. "Last year the majority of our associates in Canada
received a
bonus, and all of our associates receive an associate discount of 10 per
cent at
Walmart stores," Roberton added.
cbc.ca
Debit card fraud hits record low in Canada - Chip and PIN working in
Canada
According to Interac Association, the primary Canadian debit card system,
debit
fraud losses dropped from $29.5M in 2013 to $16.2M in 2014. In 2010,
fraud-related losses were pegged at more than $100M. Mark Sullivan, head of
Interac's fraud risk program, told CTV's Canada AM that, since its
introduction
in 2009, chip and PIN technology has significantly increased card security,
increasing consumer protection. Because the new debit card technology is
making
it harder to commit fraud, scammers are instead setting their sights on non-
chip
cards and payment environments, such as credit cards and online payment
sites.
ctvnews.ca
Canadian e-commerce is greatly lacking - will they catch up?
It does appear that Canadian retailers have failed to continue to innovate
and
meet the needs of Canadian shoppers. A staggering statistic is that almost
$7
out of every $10 spent by Canadians shopping online go to retailers
headquartered out of Canada, and $4 out of every $10 spent actually go to
non-Canadian ecommerce sites. Foreign retailers are making delivering to
Canada
a worthwhile business model, despite issues with currency exchange rates,
import
charges and cross-border delivery costs. And among the few Canadian
retailers
who do offer online shopping solutions, very few make ecommerce available
outside Canada. Since competition in Canadian retail will only increase, the
need to evolve from 'bricks and mortar' to 'clicks and mortar' is now
glaringly
apparent.
wattisretail.com
Target's departure - A good thing for some Canadian Malls
"Given the poor performance of Target, this is an opportunity for
landlords to
secure retailers that can increase traffic, and elevate the overall health
of
these centres. financialpost.com
Winnipeg Safeway warehouse closing this year - 172 jobs lost
Nordstrom to hire 1,000 Vancouver
employees
including 44 managers - LP jobs too!
Identity theft used to buy $13,000 diamond ring from Peterborough, ON store;
similar frauds have taken place in other Ontario cities Police
investigating after a $13,000 diamond ring was purchased via credit using
personal information belonging to another man. According to Peterborough
Police,
on Jan. 12 at 12:40 p.m., two unknown men walked into Charm Diamond Centre
in
Lansdowne Place Mall. One of the men filled out an in-store credit card
application and used personal identification belonging to a 46-year-old
Scarborough man. The application was approved and the man purchased a
$13,000
diamond ring using the Charm Diamond credit card. A few weeks later, the
Scarborough man received a bill in the mail for the diamond ring. On Feb.
22, he
contacted police to report the fraud. Police say it appears that similar
frauds
have been carried out at jewelry stores in Barrie, Kingston and Guelph.
Police
are warning stores to be on alert for the two individuals.
mykawartha.com
Morinville RCMP
investigating Armed Robbery at Super Mart in Legal, Alberta
Morinville RCMP were dispatched to an armed robbery at the Super Mart in
Legal,
Alberta early Wednesday morning. One male with a covered face entered the
store,
produced a handgun and demanded money and cigarettes. The suspect did make
off
with both money and cigarettes.
monrinvillenews.com
Iqaluit RCMP: "We've solved five of six recent convenience store
robberies"
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