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Retail News

Loblaw faces Competition Bureau probe over ‘pricing strategies’
Grocery giant Loblaw Companies Ltd. is facing a Competition Bureau investigation into the “pricing strategies” the national chain uses with its wholesale suppliers, the federal agency confirmed Monday.
Posted on 11-17-2014 at 2:17 PM
Why Quebec can't surf some major U.S. retailers' websites
Access to the websites of several large U.S.-based retailers have been blocked in Quebec because they did not comply with the province's language laws.
Posted on 11-17-2014 at 1:08 PM
JPMorgan to terminate credit card deal with Sears Canada
Struggling retailer Sears Canada faces another setback as JPMorgan Chase said Monday it will terminate its Sears MasterCard credit card deal.
Posted on 11-17-2014 at 8:11 AM
Nearly 1 million Canadians to 'play hooky' on Black Friday, Cyber Monday: study
Two of the biggest shopping days of the year are still weeks away, but many Canadians already plan to call in sick in order to hit stores -- and keyboards -– in order to spend, spend, spend.
Posted on 11-17-2014 at 7:35 AM
U.S. data points to strong spending ahead of holiday shopping frenzy
U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace.
Posted on 11-14-2014 at 12:04 PM
Walmart workers plan Black Friday protests over wages
A group of Walmart employees pushing for higher wages said on Friday they were planning protests at 1,600 Walmart stores nationwide on Black Friday, the biggest shopping day of the year in the United States.
Posted on 11-14-2014 at 11:40 AM
Wal-Mart Canada set to axe 200 employees at head office
Wal-Mart Canada Corp. is preparing to let go about 200 of its employees as it feels the pressures of an increasingly fast-changing and crowded retail landscape, industry sources say.
Posted on 11-13-2014 at 6:36 AM
Upgrades and downgrades: Desjardins puts buy rating on Rona
Desjardins Securities upgraded home renovations retailer Rona to ‘buy’ from ‘hold’, raising its target price to $15 from $13.50. CIBC World Markets also raised its target price on Rona to $12 from $11, but maintain an ‘underperform’ rating on the stock.
Posted on 11-12-2014 at 5:39 PM

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