Content about The Globe and Mail

January 25, 2013

By Bradley W. Snyder, Tiger Capital Group

By Bradley W. Snyder, bsnyder@tigergroupllc.com

September 12, 2012

Nordstrom will announce on Thursday that it will open its first four stores in Canada by 2015, according to the Globe and Mail.

New York -- Nordstrom will announce on Thursday that it will open its first four stores in Canada by 2015, according to the Globe and Mail. Executives of Nordstrom and Cadillac Fairview, the landlord of the four malls where the stores will be located, set to unveil the sites at a news conference in Toronto, the report said.

The stores will be located in Pacific Centre in Vancouver, Chinook Centre in Calgary, Ottawa’s Rideau Centre and Sherway Gardens in Toronto, according to previous reports.

 

November 18, 2011

Target Corp. will sell off Zellers’ prescription customer files to other companies and start its own business from scratch once it launches Target in Canada, according to reports in The Globe and Mail.

New York City -- Target Corp. will sell off Zellers’ prescription customer files to other companies and start its own business from scratch once it launches Target in Canada, according to reports in The Globe and Mail.

While Zellers pharmacies are money-makers, keeping them open while Target closes the stores for remodeling would be costly and complicated, according to the report.

The potential suitors for the files are likely to include Shoppers Drug Mart Corp. and Katz Group Canada Ltd., the report said.

May 11, 2011

Target Corp. is setting up three distribution centers in Canada in preparation for its debut north of the border, according to a report in The Globe and Mail.

New York City -- Target Corp. is setting up three distribution centers in Canada in preparation for its debut north of the border, according to a report in The Globe and Mail.

Although the retailer could have supplied the stores from its U.S. warehouses, it chose to set up a network specifically for its Canadian operations, the report said, with DCs planned for Toronto, Calgary and Vancouver.

May 11, 2011

Target Corp. is setting up three distribution centers in Canada in preparation for its debut north of the border, according to a report in The Globe and Mail.

New York City -- Target Corp. is setting up three distribution centers in Canada in preparation for its debut north of the border, according to a report in The Globe and Mail.

Although the retailer could have supplied the stores from its U.S. warehouses, it chose to set up a network specifically for its Canadian operations, the report said, with DCs planned for Toronto, Calgary and Vancouver.

May 2, 2011

Hudson’s Bay Co. will test its HBC’s Home Outfitters concept in the United States, opening two stores in New Jersey in late summer, The Globe and Mail reported.

New York City -- Hudson’s Bay Co. will test its HBC’s Home Outfitters concept in the United States, opening two stores in New Jersey in late summer, The Globe and Mail reported.

If successful, the company will further expand the home-goods concept, which will be called Lord & Taylor Home in the United States. (Hudson’s Bay and Lord & Taylor are owned by Purchase, N.Y.-based NRDC Equity Partners.)