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Retail News

Actress Jane Birkin asks Hermes to remove her name from crocodile bag
Actress and singer Jane Birkin has asked Hermes to remove her name from one of the luxury goods maker’s best-selling bags due to what she called “cruel” crocodile farming and slaughtering practices.
Posted on 7-29-2015 at 11:35 AM
Tim Hortons owner boosts payout, profit beats Street
Restaurant Brands International Inc., formed out of Burger King’s takeover of Canadian coffee and doughnut chain Tim Hortons last year, reported a better-than-expected quarterly profit on strong sales of its newly launched menu items.
Posted on 7-27-2015 at 8:06 AM
Big banks elbowing out Canadian investors at IPO trough: Analyst
Canada’s IPO system is flawed as the top clients of the country’s investment banks are gaining access to shares of initial public offerings before the general public is able to, according to well-known technology analyst Peter Misek.
Posted on 7-24-2015 at 1:29 PM
Amazon passes Wal-Mart as biggest retailer by market value surpassed Wal-Mart Stores as the world’s biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company’s stock into record territory.
Posted on 7-24-2015 at 10:44 AM
Loblaw to close 52 stores in next year
Canada’s largest grocer says it would close 52 unprofitable stores over the next year as it swings to a profit of $186 million.
Posted on 7-23-2015 at 7:26 AM
Home Depot buying Interline; Canadian head to oversee integration
Home Depot said it agreed to buy home repair and maintenance products seller Interline Brands Inc for about $1.63-billion in cash to expand its Pro division, which caters to professional contractors and builders.
Posted on 7-22-2015 at 1:39 PM
Rona to buy its 20 franchise stores
The company didn't say how much it expects to pay and adds that the transaction will be subject to a review of the business at each of the franchised stores.
Posted on 7-16-2015 at 1:24 PM
Walmart Canada looks into possible credit card data breach
Walmart Canada is investigating a potential breach of customer credit card data after one of its websites operated by a third party was compromised.
Posted on 7-13-2015 at 8:32 AM

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