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Retail

Feb 5, 2018
Lululemon CEO Laurent Potdevin resigns
By the Editors

Vancouver-based clothing manufacturer Lululemon Athletica Inc. has announced in a statement that CEO Laurent Potdevin has resigned effective immediately for falling short of the company’s standards of conduct. Potdevin took over from the previous chief executive, Christine Day, four years ago. Lululemon...

Dec 20, 2017
Office Space: Custom suitmaker Indochino finds new digs tailor-made for its needs
Felicity Stone

Dean Handspiker, VP design for Indochino, is used to quick moves. When the Vancouver-based online custom menswear retailer opens a retail showroom—18 to date, eight in 2017 alone—the design team usually takes possession of the space on a Monday and...

Dec 20, 2017
Many Happy Returns: How B.C.’s Big Box Outlet Store keeps other retailers’ unwanted merchandise out of the landfill
Felicity Stone

For most retailers, sales peak in November and December, accounting for 20 per cent or more of annual revenue, according to the U.S.-based National Retail Federation. But for B.C.’s Big Box Outlet Store, Christmas arrives later. “The volume in January...

Nov 21, 2017
5 most popular biz books from the week of November 13 to 19
Munro’s Books

Best-selling business titles provided by Munro’s Books, 1108 Government Street, Victoria, B.C.

Nov 6, 2017
Retailers can’t see the way forward in online-dominated market
By the Editors

In the wake of the recent Sears Canada bankruptcy, it seems that every brick-and-mortar retailer is fighting to survive against the swell of online purchases that dominate the market. According to a new report from accounting and advisory firm Deloitte Canada, more than 60 per cent of retail executives know they...

Nov 3, 2017
BuildDirect founder pours out his heart over resignation

It is but one man's account. But founder Jeff Booth's description on LinkedIn of what brought him to resign from home improvement supply e-tailer Builddirect.com captures all the emotion and drama of entrepreneurship. Booth both rationalizes and blames his decision to take on debt (to help the company's technology handle the...

Oct 25, 2017
Postmedia strikes deal with Indochino worth more than $40 million
By the Editors

Postmedia and Vancouver-based men’s apparel retailer Indochino are joining forces, with the former granting some $40 million in “media dollars” to the latter in exchange for a share of its revenue. Before journalists get too amped up about the idea of a...

Oct 5, 2017
B.C.'s first Uniqlo now open
By BCBusiness

Amanda Ross, who wrote about Uniqlo’s B.C. store last summer, checked the store out in person this week. It will feature the Uniqlo and JWAnderson capsule collection, of which several pieces are already sold out online in the U.S. Launch celebrations include...

Oct 4, 2017
Coffee leaf tea pioneer Wize Monkey breaks into the U.S. market
By BCBusiness

Coffee? Tea? Why not have both? This month Wize Monkey, which bills itself as the first coffee leaf tea company, launches in the U.S. By the end of November, Vancouver-based Wize Monkey’s products will be in some 370 stores stateside...

Oct 2, 2017
6 ways to engage consumers, from retail to marketing
Felicity Stone

There was a time when visiting a department store was an event, as depicted in the TV series Mr. Selfridge and The Paradise. Now, says Canadian consumer futurist Doug Stephens in his recent book Reengineering Retail, “most stores we visit are...

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