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Retail News

Target sales growth led by strong product demand
Target Corporation reported a bigger-than expected increase in quarterly profit and raised the low end of its fiscal-year forecast, as revenue got a boost from strong demand for products at the center of the retailer's turnaround plan.
Posted on 11-18-2015 at 9:47 AM
Metro profit and sales climb higher
Metro Inc. saw an increase in its latest quarter profit, up $131.7-million from $115.6-million.
Posted on 11-18-2015 at 8:22 AM
Loblaw profit up 17 percent, helped by drug store sales
Loblaw Companies Ltd. says it earned $166-million in its latest quarter, up 17 percent from a year ago, amounting to 40 cents per share.
Posted on 11-18-2015 at 7:14 AM
Wal-Mart shares rise after results top expectations
Wal-Mart Stores Inc. reported stronger-than-expected earnings on Tuesday, its fifth straight gain in same-store U.S. sales.
Posted on 11-17-2015 at 7:31 AM
Home Depot quarterly same-store sales beat estimates
Home Depot reported better-than-expected quarterly same-store sales, boosted by strong demand from both its retail customers and professional contractors and builders.
Posted on 11-17-2015 at 7:14 AM
Sears Canada sells more real estate, including $100-million distribution centre
Sears Canada says it’s selling a distribution centre in Vaughan, Ont., north of Toronto for $100-million but will continue to occupy it once the transaction closes next year.
Posted on 11-13-2015 at 10:04 AM
Higher spend on essentials, online bargains hit U.S. department stores
Slumping same-store sales at upscale U.S. department store operator Nordstrom Inc. could point to more than a glut in retailers' inventories, not just a longer-than-usual spell of warm weather and fewer spendthrift tourists.
Posted on 11-13-2015 at 9:13 AM
Canadian Tire profit jumps on better retail sales
Canadian Tire Corp. says profits rose 20.5 per cent in the third quarter on stronger sales.
Posted on 11-12-2015 at 12:05 PM

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