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Retail News

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

XS Cargo fails to restructure, starts liquidating stores

In a sign of the fragile, crowded retail landscape, a cross-country discount chain has succumbed to its difficulties and is closing all its stores.

Posted on 9-29-2014 at 9:08 AM

Sears Canada CEO steps down

Struggling Sears Canada Inc., whose U.S. parent has put it up for sale, is looking for a new chief executive officer after announcing its current one is leaving.

Posted on 9-25-2014 at 10:33 AM

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