Industry Headlines: April 26, 2012
- King of retail loses crown to London: London overtakes Dubai as the most attractive city for international brands. (The National)
- Mother’s Day spending to top last year: Moms and malls will be happy with a projected 18.6 billion in sales for Mother’s Day. (Retail Traffic)
- Report: Apple Stores outsell national average by 17 times: It’s not good news for other electronics retailers, but Apple absolutely dominates the U.S. retail market. (Electronista)
- You’ve got a Target? We’re in: As Target arrives in Canada, the centers getting Target stores are seeing interest from new tenants. (Winnipeg Free Press)
- Sorouh tries retail therapy with Boutik brand: One of the biggest retail developers in Abu Dhabi launches a new shopping center brand. (The National)
- How department stores can stay relevant (and chic): Department stores race to reinvent themselves. (The Globe and Mail)
- U.S. retailers play catch-up in fashion speed race: fast fashion has a turnaround of weeks, or even days. How can anyone compete? (Orlando Sentinel)
- Record Store Day: Swan song of a retail industry?: Digital tech has nearly replaced an entire retail segment, but dedicated fans keep it going. (Seattle Times)
- Blame Ottawa for high retail prices in Canada: Retail Council: The ongoing inquiry into high retail prices north of the border gets results. (Financial Post)
- China tops world in shopping mall construction: While other markets struggle to find room for new developments, China is just getting started. (MarketWatch)
