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Retail News

Canadian Tire to go hard on digital, store upgrades for 3-year plan

Canadian Tire Corp Ltd will target average earnings per share growth of 8-10 percent between 2015 and 2017 under an "aggressive plan to compete", the retailer said on Thursday.

Posted on 10-09-2014 at 8:34 AM

Target CEO looks for a Canadian Christmas miracle

Target CEO Brian Cornell is short on answers when it comes to the company’s lacklustre ecommerce strategy north of the border, the details of a cyber security plan to counter a serious data...

Posted on 10-08-2014 at 8:00 PM

Sears plunges 14% after insurers cut coverage of suppliers

Shares of Sears Holdings fell as much as 14 percent Wednesday as three of the biggest insurance firms for the company's suppliers said they are seeking to reduce coverage. At least one...

Posted on 10-08-2014 at 12:09 PM

There's not enough Lego to go around, warns independent toy shops

The winter holidays may still be three months away, but if you’re thinking of buying someone on your Christmas list some Lego this year, toy retailers are advising you to stock up now...

Posted on 10-08-2014 at 8:11 AM

Sears will be gone in 36 months: O'Leary

Sears Holdings Crop. wants to sell it's majority stake in Sears Canada for a cash injection of as much as $380 million ahead of the crucial holiday shopping season.

Posted on 10-02-2014 at 6:35 PM

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

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