Located in Toronto, Craig is the Publisher & CEO of Retail Insider Media Ltd. He is also a retail analyst and consultant, Advisor at the University of Alberta School Centre for Cities and Communities in Edmonton, and a public speaker. He has studied the Canadian retail landscape for over 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees.
The Hudson's Bay Company's vice-chair Bonnie Brooks has announced that Saks Fifth Avenue will expand into Asia and Europe. The idea is lofty, and potentially dangerous for the retailer. If they can pull it off, however, Saks could become one of the world's greatest global retailers.
Grocery retailer Marché Adonis has opened a urban-sized store in downtown Montreal. It's a model that may be copied for future locations as the grocer seeks space in urban centres. It could open a second Montreal store in the coming months, and it may expand further into Toronto and beyond.
Honest Ed's is up for sale and could close its iconic Toronto store. The store's owner could sell the building and adjacent properties for redevelopment, which could include a substantial residential component.