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Retail News

Sears to sell its Sears Canada stake through rights offering

Sears Holdings Corp. said it will conduct a rights offering of Sears Canada Inc. shares to generate as much as $380-million for the retailer.

Posted on 10-02-2014 at 7:41 AM

Home-brewing war heats up with $600-million lawsuit over K-Cups

Toronto-based Club Coffee LP is launching a lawsuit against Keurig Green Mountain Inc., alleging the U.S. giant uses anti-competitive tactics and misleads retailers and consumers to...

Posted on 10-01-2014 at 6:55 AM

Staples closes 15 stores in Canada

Staples Canada has closed 15 of its 331 stores in this country as the office supplies retailer feels the brunt of more business shifting online.

Posted on 10-01-2014 at 6:38 AM

XS Cargo fails to restructure, starts liquidating stores

In a sign of the fragile, crowded retail landscape, a cross-country discount chain has succumbed to its difficulties and is closing all its stores.

Posted on 9-29-2014 at 9:08 AM

Sears Canada CEO steps down

Struggling Sears Canada Inc., whose U.S. parent has put it up for sale, is looking for a new chief executive officer after announcing its current one is leaving.

Posted on 9-25-2014 at 10:33 AM

Cross-border Costco shoppers will soon need two credit cards

Costco has confirmed Canadians who shop at its discount warehouses in the United States and at home will need two different credit cards.

Posted on 9-23-2014 at 4:48 PM

Canadian retail sales drop for first time in seven months

Canadian retail sales unexpectedly fell in July, dropping for the first time in seven months on lower receipts at general-merchandise stores.

Posted on 9-23-2014 at 10:35 AM
BMO looks at the hottest toys for Christmas

BMO looks at the hottest toys for Christmas

Kids want the toys, investors may want these stocks.

Posted on 9-22-2014 at 11:51 AM

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