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Here are 25 companies that are revolutionizing the way we shop
The way people shop is changing every day.
Thanks to the proliferation of smartphones and innovations in delivery and data, the retail landscape is evolving like never before.
We selected 25 companies that are revolutionizing the industry.
From an established e-commerce giant deploying drones to an inventive pizza chain, here are the consumer companies making big impacts.
Major retail gains helping Canadian economy turn around
Retail sales in Canada posted a gain of 1.7 per cent in February following two consecutive monthly declines.
Statistics Canada says retail sales climbed to $42.2 billion as all 11 retail subsectors posted gains.
Economists had expected a gain of 0.5 per cent for the month, according to Thomson Reuters.
Boeing boosts carry-on luggage space with 'Space Bins'
The airplane manufacturer has unveiled a new overhead baggage storage system which can hold up to 50 per cent more luggage.
The new "Space Bins," as Boeing is calling them, will be fitted to in service 737 aircraft before the end of this year with Alaska and Delta Air being the first carriers to place orders.
By making the overhead stores deeper and sacrificing 5cm of headroom, Boeing has found a way of standing average cabin-size suitcase up side by side, meaning six cases can be stored together.
For leather crafter, success is in the bag
The Dallas Mornings News
Kristen Faircloth has new-car smell all over her house, and she didn't have to buy one of those cheesy rearview-mirror fragrance cards to get it.
Faircloth hand-cuts and sews a line of handbags and accessories called Bubo Handmade Leather Goods from her home studio in Richardson.
"I've taken over our three-bedroom house," she says. "I do most of my work in the dining room, where the sewing machine and all my other tools and work table are."
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Hudson's Bay sees profit triple thanks to Saks, web sales
Hudson's Bay purchase of Saks two years ago caused a certain amount of head-scratching, but the move has worked out well so far for the Canadian retail company. Saks will open in Canada for the first time this year.
Recently, the company announced the departure of Marigay McKee as Saks Fifth Avenue president after just a little over a year on the job, to be replaced by Marc Metrick, who was key in the company's acquisition and development of the U.S. department store.
From pocket projectors to inflatable luggage, travel gadgets just got smarter
If we were to recommend the best travel tech a few years ago, we may have picked a few laptops, portable peripherals, cables, and MP3 players. But today it's all about travelling smarter and more efficiently. We already use our smartphones for mobile boarding and tablets for working remotely, and smartwatches are expected to play a major role in the travel and hospitality sectors.
L.A. designer Clare Vivier has a handle on work bags
Clare Vivier has turned her love of French chic and American prep — and a search for the perfect, non-corporate-looking work bag — into an L.A. success story.
Vivier's obsession with bags started in childhood with her father's Lands' End briefcase. "It was a canvas briefcase that zipped all the way around and had his initials on it, my first monogram experience," she said.
Yorkdale Shopping Centre announces west-side renovation designed for flagship locations of leading brands
Yorkdale Shopping Centre is once again demonstrating its leadership in the Canadian retail space with the announcement of a 120,000 square foot renovation on the centre's west side. This West Renovation is the newest development at Yorkdale and will see former department store space renovated to serve as the Canadian flagship locations of leading retailers, the first of which to be confirmed is luxury home furnishing brand RH (Restoration Hardware).
Sears Canada looks to cash in on Target's retreat
The Globe and Mail
Ailing Sears Canada Inc. is aiming to benefit from the quick retreat of U.S. discounter Target Corp. from this country.
The U.S.-owned department-store retailer has picked up two fashion lines that Target had exclusive rights to carry in Canada: Cherokee apparel and shoes and Liz Lange maternity clothing. Both were considered to be among troubled Target's stronger brands and are still stocked in its American stores.
The Leather Hags: Lynchburg duo creates bags out of scrap leather
For Allison Hallock and Montana Sickmen, the imperfections in the leather they use to make one-of-a-kind purses are what make them so special.
The scrap leather often has flaws —
"holes or weird discolorations that we prefer," says Hallock.
"They're still really natural-looking," and, Sickmen adds, "more worn-in looking."
Target's hasty exit from Canada leaves anger behind
The New York Times
Target's exodus from Canada has left gaping holes at some of the most prominent shopping centers across the country, the biggest symbol of an exceptional period of retailing turmoil.
As Target Canada closed the last of its 133 stores this month — completing the parent company's hasty retreat from its first international expansion, a move that prompted a $4.5 billion write-down — many landlords were left holding properties whose fates are uncertain.
Sears Canada gets exclusive rights to Wayne Gretzky clothing line
Sears Canada says it will carry a new line of Wayne Gretzky menswear in an exclusive partnership with the Canadian hockey star.
The agreement was announced as Sears Canada held its annual shareholder meeting in Toronto.
It's not the first time the retired NHL player and coach has signed his name to a line of clothing.
These are the best flight search tools
Online flight search services are big business, as more of us turn to computers and smartphones for travel planning. Last year, 40 per cent of Americans booked flights, hotels, cruises and other holidays on their phones and tablets, a statistic based on 300 million bookings worth $150 billion, while the Economist reckons that online bookings account for 43 per cent of total travel sales.
The options are growing.
Missed last week's issue? See which articles your colleagues read most.
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