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Retail News

Maple Leaf Foods to cut more than 400 jobs, 3% of workforce
Maple Leaf Foods is cutting more than 400 jobs in a move to cut costs and streamline the organization.
Posted on 11-25-2015 at 7:05 AM
Dollar Tree beat sales estimates after Family Dollar deal
Dollar Tree has reported better-than-expected net sales, its first since acquiring Family Dollar and becoming the largest discount retailer in the U.S.
Posted on 11-24-2015 at 1:43 PM
Tiffany's profit forecast turns dimmer on strong U.S. dollar
Tiffany & Co reported a surprise drop in quarterly sales and forecast a bigger fall in full-year profit than it had expected earlier, as a strong dollar hurt tourist spending in the United States and reduced the value of sales from other markets.
Posted on 11-24-2015 at 10:00 AM
E.coli outbreak looks set to infect Chipotle's same-outlet sales
Chipotle Mexican Grill Inc. is experiencing an E.coli outbreak is its restaurants, which is set to affect same-store sales in the fourth-quarter.
Posted on 11-23-2015 at 10:26 AM
Wal-Mart is moving Cyber Monday deals to Sunday, record industry sales expected
Wal-Mart Stores has decided that Cyber Monday should no longer start on a Monday anymore, rather it should start on the Sunday.
Posted on 11-23-2015 at 9:40 AM
CVC and CPPIB to buy Petco for about $4.6 billion
Private equity firm CVC Capital Partners Ltd and the Canada Pension Plan Investment Board said on Monday they would buy U.S. pet supplies retailer Petco Holdings Inc. for about $4.6 billion.
Posted on 11-23-2015 at 8:51 AM
Canadian retail sales unexpectedly fall on weak gasoline prices
Statistics Canada shows Canadian retail sales unexpectedly fell in September, dragged down by lower gasoline prices and a decrease in sales at motor vehicle and parts dealers.
Posted on 11-20-2015 at 10:06 AM
Abercrombie & Fitch more than doubles in profit, shares jump higher
Abercrombie & Fitch saw its shares surge 20 percent as well as profits double following a slight drop in same-store sales during the third-quarter.
Posted on 11-20-2015 at 8:14 AM

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