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2011 Archives
Retail crime accounts for $3.6 billion in losses in Canada. A report
from the Retail Council of Canada says 87 per cent of retailers were the victim
of some form of retail crime in 2007, with the average loss over $12,000 per
year. (Source
news1130.com)
Nordstrom and Kohl's are looking into opening stores in Canada
as well,
though neither have announce plans. "Many chains see Canada as untapped
territory, having nearly run out of promising locations in the United States to
open new stores," said retail consultant Wendy Evans. "Many of them have
reached or are about to reach saturation in the U.S.," said Evans, whose firm,
Evans and Co, advises companies on cross-border expansion. Lowe's has even said
"Canada is going well," Lowe's Chief Executive Robert Niblock told Reuters last
month. "We have got many more stores in the pipeline," to add to their 28 stores
already there.
(Source reuters.com)
Target announces that Canada's
#2 grocer Sobey's will supply the U.S. chain with frozen, dairy, and packaged
foods. (Source
theglobeandmail.com)
Almost two-thirds of Canadians wish they had
more information about food safety
and how to protect
themselves from foods that pose a health risk, suggests a study commissioned by
the federal government. And 30 per cent of respondents think there’s a higher
risk of consuming contaminated foods today compared to two years ago. The
Retail Council of Canada has truly taken a leadership role in the safety arena
and has developed a number of programs designed to help retailers. Any U.S.
retailer seeking information or assistance should contact them.
(Source
canadiangrocer.com) |
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