A few years ago, I started building up my investment portfolio. I started paying more attention to business news and the stock market – probably a little later than I should have. My dad is in finance, but unlike my mom, who TRIED to get me interested in IT (didn’t work – if one can […]
Category: Business
And What About the Economy?
It’s true that the new administration south of the border could very well turn back the clock a few centuries (okay, maybe not that extreme, but you get my drift), but why aren’t people worried about the economy and how this administration could impact financials, as a whole, globally? With his cabinet, you never know […]
Ann Taylor Bought by Ascena: Thoughts
Most people who care probably have already heard the news, which was all over the business pages on Monday – Ann Inc., which owns Ann Taylor and LOFT, was purchased by Ascena, the company that owns Lane Bryant and Dress Barn for $2.2 B. According to resources, the deal will close in the second half […]
Target Canada Shutting Down
I am NOT surprised about this. They had a dismal holiday season and as a whole, never bothered to learn our culture. Also, not having e-commerce DID NOT help (though us complaining about prices probably wasn’t that great either. EVERYTHING is more expensive here, not just Target. How come we don’t hear about people complaining […]
Coach Buys Stuart Weitzman for $574M: My Thoughts
This was announced earlier this week, but I guess that’s what you have to do when you want to be more relevant. I mean, I haven’t bought anything from Coach in probably a year or more. I don’t dislike the brand, and I admit that I’ve wandered into boutiques just to look. It’s just that […]
Burger King to Purchase Tim Hortons – UPDATE: DEAL WILL BE ABOUT $11B US
UPDATE AS OF AUGUST 26: DEAL IS WORTH $11 B US, BK HQ TO MOVE TO CANADA. It’s pretty much official – Ottawa just has to approve this. Last night, I received an alert from both my Bloomberg and Wall Street Journal apps notifying me that Burger King was in talks to buy donut chain […]
Highlights from the MESH Conference 2014
The MESH Conference has become quite an institution in the city of Toronto. As far as tech and marketing go, it’s the place to be at. This year was choc-a-bloc with information including 3D World Wide Web to Cyborg Artists to Smarter Cities to Wearable Tech to Storytelling to the new 4 Ps of Marketing, […]
Canadian Mall Brand Jacob Calls it Quits
I am honestly not surprised at this. The Montreal-based brand has had issues for years, and bad PR plus the lack of “style” is what caused the Jacob’s downfall. They’ve slowly eliminated brands (they had a girls’ line back in the 80s and 90s, lingerie/lounge wear, as well as Jacob Homme. I think Jacob Homme […]
Saks at Yonge and Queen? Really?
UPDATE: It seems that the Yonge/Bloor spot has been abandoned (for now, anyway) and the Queen Street store will be 150,000 square feet – half the size of the originally planned Yonge/Bloor store. It is going to be very interesting! According to the Globe and Mail, Saks is coming to the Eaton Centre, on Yonge […]
On Sears Shuttering its Toronto Flagship
This morning, I woke up to the news that Sears is closing its Eaton Centre (which took over the old Eaton’s store in the early 2000s) location by early next year (and other locations as well). This was definitely expected – the chain has been struggling for years – and to be honest, I thought […]