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Retail News

Target Canada to experiment with overstocking in turnaround effort

Target Canada Co. is betting on its top stores to become a model for the struggling discounter in its recovery efforts.

Posted on 10-23-2014 at 7:15 AM

Wal-Mart, Loblaw and HBC could obtain Target’s Canadian stores: analyst

Amidst other embarrassments, Target stores must now suffer the humiliation of having their brick and mortar real estate sought after by Canadian competitors, like HBC and Loblaws.

Posted on 10-22-2014 at 8:10 PM
Staples says probing possible credit card data breach

Staples says probing possible credit card data breach

Staples Inc. is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest U.S. retailer to become a possible victim of a...

Posted on 10-21-2014 at 6:31 AM
Sears turns to CEO again for cash to boost confidence

Sears turns to CEO again for cash to boost confidence

Sears Holding Crop. saw shares jump over 20 percent on news of the company's latest fundraising efforts.

Posted on 10-20-2014 at 6:14 PM

Adidas shares jump on report of $2.2-billion bid for Reebok unit

Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu...

Posted on 10-20-2014 at 6:34 AM

U.S. hedge fund now owns almost half of Sears Canada

Edward Lampert’s hedge fund has taken an almost 50-percent stake in Sears Canada Inc. after its parent company began a rights offering this week.

Posted on 10-18-2014 at 2:14 AM

Lululemon mocks Buffalo sports teams with in-store mosaic

Yoga-wear maker Lululemon has fumbled the public relations ball yet again with artwork in its Buffalo store that reminds shoppers of the city’s epic sports disappointments.

Posted on 10-17-2014 at 7:33 AM

Sears Canada gets new interim CEO from U.S. parent

Struggling Sears Canada Inc., whose U.S. owner plans to unload most of its stake in it in a rights offering, is getting a temporary new boss - Ronald Boire. Previously he was chief...

Posted on 10-15-2014 at 7:55 AM

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