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News Tagged By: Retail

Luxury brands positioned for U.S. boom

ANALYSIS: Most men might balk at spending $600 US on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace.
Astrid Wendlandt and Phil Wahba, Reuters
Posted on 5-24-2013 at 2:03 PM
Tags: Retail, BRICS, U.S. Economy, China

Retail sales flat but higher volumes spur optimism

Falling gasoline prices kept the value of Canadian retail sales unchanged in March from February, but analysts said a sharp rise in volumes signals the economy was more robust than expected in the...
David Ljunggren, Reuters
Posted on 5-22-2013 at 8:55 AM
Tags: Retail

Best Buy sees investments squeezing profits

Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term.
Dhanya Skariachan, Reuters
Posted on 5-21-2013 at 8:04 AM
Tags: Best Buy, Retail

Food costs lead Canadians to shop around, cut back: study

How much Canadians pay for their food is becoming a major concern, according to a survey by Royal Bank of Canada.
Bertrand Marotte, The Globe and Mail
Posted on 5-16-2013 at 10:55 AM
Tags: Retail

U.S. retail sales post surprise rise

U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.
Lucia Mutikani, Reuters
Posted on 5-13-2013 at 8:38 AM
Tags: Retail, U.S. Economy

Several U.S. retailers miss estimates as shoppers frugal

A number of top U.S. retailers reported disappointing April sales on Thursday as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.
Phil Wahba, Reuters
Posted on 5-09-2013 at 10:59 AM
Tags: Costco, Retail

Loblaw moves to improve Bangladeshi factory safety

Loblaw Cos. Ltd. is moving to bolster safety audits of its Joe Fresh clothing factories in Bangladesh.
Marina Strauss, The Globe and Mail
Posted on 4-26-2013 at 8:14 AM
Tags: Retail, Loblaw

February retail sales rise more than expected

Canadian retail sales in February rose a greater-than-expected 0.8 percent from January, pushed up by higher sales at general merchandise stores and gas stations, Statistics Canada data indicated on...
David Ljunggren, Reuters
Posted on 4-23-2013 at 8:58 AM
Tags: Economy, Retail

Canada Goose seeks new investors

Winter clothing maker Canada Goose Inc. has appointed investment bank Canaccord Genuity to explore options and perhaps tempt new investors as demand soars for its fashionable cold-weather gear,...
Arno Schuetze, Olivia Oran and Susan Taylor, Reuters
Posted on 4-15-2013 at 2:32 PM
Tags: Retail

Dollarama profit jumps 21%, raises dividend

Dollar-store operator Dollarama Inc. reported a 21-percent rise in quarterly profit as it sold more items priced above $1.00 and it raised its dividend by 27 percent.
Krithika Krishnamurthy, Reuters
Posted on 4-12-2013 at 8:10 AM
Tags: Dollarama, Retail
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