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Retail

Retail Round-Up: Canadians Prefer Main Street Shopping, and Apple’s Plans for China

Retail Round-Up: Canadians Prefer Main Street Shopping, and Apple’s Plans for China

Will this year be the end of big-box and chains stores in Canada? It seems Canadians are preferring specialty and “Main Street” commerce over one-stop shopping. Target might have missed the mark in terms of sizing up the Canadian market before its massive expansion, but evolving shopping habits might also be a major factor. One question remains: what will replace all of that vast, unused retail space that is currently being occupied by Target? (The Vancouver Sun)

Apple’s growing retail presence in China is being spearheaded by the former CEO of Burberry. Word on the street is that they’ll be hiring American Apple employees for 15 new stores in China — a great move considering Apple’s blowout Q1 2015, due largely in part to surging iPhone sales in China. (Business Insider)

BCBG is taking part in the omni-channel movement in a big way. They’ll be deploying Demandware technology which will help employees easily locate items that aren’t in store, as well as help to create an overall more seamless shopping experience. The brand aspires to merge physical and digital shopping, as well as offer more personalized service. (Retailing Today)

H&M just keeps on growing. The Swedish company plans on opening another 400 stores worldwide, as well as an online beauty range. If you think that’s impressive, check out their sales figures: they grew 14% from 2013 – 2014, with profits of $2.4 billion. (Fashionista)

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