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Retail News

U.S. April retail sales post largest gain in a year
U.S. retail in April swung to its biggest increase in a year as Americans stepped up automobile purchases and a range of other goods, suggesting the economy was regaining momentum after growth almost stalled in Q1.
Posted on 5-13-2016 at 9:31 AM
Lowe’s gets Ottawa’s blessing for $3.2-billion Rona takeover
The federal government has signed off on a deal that will see U.S. retailer Lowe's Companies Inc. acquire Rona Inc. and become owner of Canada's largest collection of home-improvement stores.
Posted on 5-13-2016 at 7:29 AM
Wal-Mart cuts delivery time for pilot shipping plan
Wal-Mart Stores said Thursday it was shortening the delivery time for an unlimited shipping program it is testing to two days from three as it taps a network of recently built warehouses for packaging online orders.
Posted on 5-12-2016 at 10:00 AM
Budweiser is renaming its beer ‘America’ - and it's already drawing mixed reactions
What could be more American than standing in a backyard at a barbecue while holding a beer on the Memorial Day weekend in the United States? Budweiser thinks it has the answer: Holding a beer called America.
Posted on 5-11-2016 at 3:51 PM
Judge rules in favour of Tyson Foods in hot dog name lawsuit
A federal judge threw out a lawsuit accusing Tyson Foods and its Hillshire Brands unit of infringing a trademark belonging to the maker of Parks' sausages.
Posted on 5-11-2016 at 11:49 AM
Staples, Office Depot scrap US$6.3B merger after judge blocks deal
No. 1 office supply chain Staples and smaller rival Office Depot said on Tuesday they would terminate their planned merger after a U.S. federal judge ordered the deal temporarily halted because of antitrust concerns.
Posted on 5-11-2016 at 8:32 AM
Macy's sales drop for fifth straight quarter
Department store operator Macy's Inc reported a 7.4 percent fall in first-quarter sales, the fifth straight quarter of decline.
Posted on 5-11-2016 at 8:12 AM
Loblaw aims to add medical marijuana to its shelves
Galen G. Weston, executive chairman of Loblaw, said on Thursday that the company is making a push for the sale of medical marijuana in its stores.
Posted on 5-06-2016 at 10:25 AM

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