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Retail News

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
Loblaw profit beats Street on strong Shoppers Drug sales
Loblaw Companies Ltd, Canada’s largest grocer, reported a better-than-expected quarterly profit, boosted by strong pharmacy sales at its recently acquired Shoppers Drug Mart business.
Posted on 11-12-2014 at 11:17 AM
Wal-Mart to stretch Black Friday over five days to lure shoppers
Wal-Mart Stores Inc. is making Black Friday a weeklong event, shifting away from the chaotic one-day sales that once epitomized the day after Thanksgiving.
Posted on 11-12-2014 at 7:53 AM
'Ugly sweaters' a thing of beauty for NHL merchandise sales
The ugly Christmas sweater phenomenon is a trend that's showing no signs of slowing down.
Posted on 11-11-2014 at 2:13 PM
Alibaba Singles' Day sales hit new record; surge past $9B
Alibaba said more than $9B of goods have been sold so far during its annual Singles' Day online shopping frenzy, a number surging past 2013's record high.
Posted on 11-11-2014 at 7:52 AM
Sears to revamp Florida store in preview of its retail strategy
A mixed-use retail development in South Florida may provide a glimpse at the future of Sears Holdings Corp.
Posted on 11-10-2014 at 11:23 AM
Staying on your budget's Nice List
It’s almost that most wonderful time of the year. Leading up to the holiday season, however, it can be tough to keep your credit card statement from turning into your own private naughty list.
Posted on 11-07-2014 at 2:02 PM

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