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Le Chateau to close another 40 stores in next three years
It closed 11 stores in the last year to reach 211 locations and plans to close
14 more in 2016. By early 2019, Le Chateau expects to shrink its retail network
to about 171 stores, the least in the chain since 2007 and a 30 per cent
reduction since it began closing stores in 2012.
The chain lost $35.7 million for the 12 months ended Jan. 31, compared with a
$38.7-million loss a year earlier. Sales decreased 5.3 per cent to $236.9
million, as same-store sales slipped 1.9 per cent. Online sales grew 34.8 per
cent last year and are trending at 50 per cent. Savings from store closures
outweigh additional online sales, however the company is targeting for them to
account for 10 per cent of overall sales within two years.
financialpost.com
Jewellers Vigilance Canada and Jewelers Security Alliance awarded
grant to help fund security initiatives, further industry collaboration
The JCK Industry Fund, now in its eighteenth year, was established to enhance
the image of the jewelry industry and to foster development and research of
programs that would benefit the industry. JCK has announced the six recipients
of its 18th annual Industry Fund, awarding the winners with more than $293,000
in grants this year. The recipients were selected by an Industry Fund Advisory
Committee, consisting of representatives from JCK, retailers, and manufacturers.
Two of the winners are:
Jewellers Vigilance Canada (JVC Canada):
"Jewellers Vigilance Canada and
Jewelers Security Alliance applied for a joint submission in order to host a
North American Jewelry Crime Conference in Toronto, Canada. Thanks to the JCK
Industry Fund's grant, the two-day event will take place September 26-28, 2016,
and allow over 100 law enforcement and security personnel to not only understand
the resources JSA and JVC Canada provide to them, but also learn the
investigative techniques and tools specifically designed for jewelry crime as
well as gain experience and expertise in fighting jewelry crime." - Phyllis
Richard, JVC Canada executive director
Jewelers Security Alliance (JSA):
"This grant will result in greater cooperation by law enforcement agencies and
security personnel in Canada and the U.S. in combating the international
criminal gangs and fences that prey on the diamond, jewelry, and watch industry
in both countries." - John Kennedy, JSA
president
jckonline.com
RCC Disuptes Toronto Star Article on Gender Wage Gap in Retail
Issue: A recent
Toronto Star article summarized a report titled "The Gender Wage Gap in
Ontario's Retail Sector: Devaluing Women's Work & Women Workers". The premise of
the article is that women working in retail are especially hard-hit by the
gender wage gap.
RCC Response: In fact, Statistics Canada data shows that the retail
sector has one of the smallest gender wage gaps of any sector in Canada, at
around $1,000 annually. The Canadian Centre for Policy Alternatives, a
well-known progressive think tank, made this point clear in its report titled
Every Step You Take, at pp. 12-13.
linkedin.com
Ontario Food Terminal strike holds up traffic in Etobicoke
A strike outside the Ontario Food Terminal is holding up traffic on the
eastbound lanes of The Queensway in Etobicoke this morning. Employees of Fresh
Taste Produce, which supplies produce to retailers such Metro and Sobey's,
formed a small picket line outside the terminal shortly after midnight. The
union representing the workers, Teamsters Local 419, said the workers have just
joined the union but have yet to reach a first contract.
cbc.ca
Retail Canada is Booming - 6th Quarter of Growth
Canadians go on spending spree - Up 6.24% in Q1
The report, which measures credit and debit card spending, with the biggest
increases seen in women's clothing (11.2%), lawn and garden supply (10.6%)
and fast food (9.6%). With the low Canadian dollar, spending on foreign cards
increased 17.45% year over year. Data showed that cards from the U.S. drove the
highest foreign spending volumes.
marketingmag.ca
Metro Inc holds its own in grocery price wars, reporting higher profit and sales
Northern store employee Medevaced after fight with Burglar; Worker entered store
early Wednesday morning after being contacted by alarm company
A Northern store employee was injured in a fight with a suspected thief early
Wednesday morning in Pangnirtung, Nunavut. RCMP say the employee had entered the
store in the early morning hours after being contacted by the alarm company. On
entering the store, the worker was approached by a male suspect and a fight took
place which resulted in injuries to the employee. The suspect then fled the
building. The worker was treated at the health centre and then medevaced to
Iqaluit with non-life-threatening injuries. A 23-year-old man has been arrested
and charged with break and enter, theft, aggravated assault, mischief and
possession of weapons for a dangerous purpose.
cbc.ca
Calgary,
CN: Firearms worth $10,000 stolen from Cabela's while manager worked in back
room
Calgary police fear that $10,000 worth of weapons stolen from a northeast
sporting-goods store on Wednesday will turn up in future violent crimes. The
handguns and rifles were taken while a store manager worked in a back room at
Cabela's, at 851 64th Ave. N.E. Officers were called around 6:30 a.m. to respond
to reports of a break-in at the store. When they arrived, they found the front
doors on the north side of the business had been smashed with a hammer or bar,
and several weapons had been stolen. The incident took place around 4:40 a.m.
but was not noticed until about two hours later when staff started arriving for
work. A store manager was in a back room during the incident but did not hear
the break-in.
calgaryherald.com
Penticton, BC: Meth-fueled incident at Cherry Lane Mall results in jail term
A man described as experiencing a "methamphetamine-induced psychosis" during an
incident at Cherry Lane Mall earlier this year will spend another 143 days in
jail after being sentenced in Penticton Provincial Court earlier this week.
Danny Ross entered guilty pleas last week to charges of causing a disturbance,
possession of a controlled substance, assault, possessing a weapon for dangerous
purpose and resisting arrest. A witness told police a 79-year-old man had been
struck in the head in an unprovoked attack by Ross, who was later found by
police in an alcove in the northwest corner of the mall.
infotel.ca
Saskatoon: Man arrested in Westmount Foods robbery case;
police still looking for suspects
Prince George: Shoplifter with a basket full of meat pulls knife
on Save-On-Foods employee
Peterborough, ON: Female Customer attacked, robbed while in Peterborough Mac's
convenience store, female suspect arrested
Holyrood, NF: RCMP Seek Help Identifying Alleged Liquor Thieves
Battlefords, SK: RCMP Search for Street Market Armed Robbery Suspect
Peoples Jewelers in the Garden City Shopping Centre, Winnipeg, MB reported a
Credit Fraud, the male subject was able to get away with $4,070 in merchandise
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