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Market Track: August 2012
The overall drop in number of circulars continued this month, with a six percent decrease in the number of inserts being released to the market among selected retailers.
The overall number of pages per market remained the same with a marginal increase compared to previous year. Walmart had the largest increase in pages per market with a larger focus on “Back to School” with 5 circulars with a prominent “Back to School” theme.
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Nordstrom set to announce expansion into Canada
New York -- Nordstrom will announce on Thursday that it will open its first four stores in Canada by 2015, according to the Globe and Mail. Executives of Nordstrom and Cadillac Fairview, the landlord of the four malls where the stores will be located, set to unveil the sites at a news conference in Toronto, the report said.
The stores will be located in Pacific Centre in Vancouver, Chinook Centre in Calgary, Ottawa’s Rideau Centre and Sherway Gardens in Toronto, according to previous reports.