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Retail News

Danier Leather enters insolvency as it seeks a buyer
Danier Leather Inc. said it has entered insolvency proceedings in order to protect itself from creditor lawsuits as it seeks a buyer.
Posted on 2-04-2016 at 3:47 PM
Pattie Lovett-Reid: Paying with your mobile wallet? Don't worry be app-y
ANALYSIS: Canadian consumers are more likely to reach for their smartphones and credit cards over cash, new research from GfK has found. But many people are still wary of using mobile apps to make transactions. Should they be?
Posted on 2-03-2016 at 9:25 AM
Lowe’s shakes up Canada’s home reno market with $3.2B Rona deal
Rona shares are soaring following news of Lowe’s friendly takeover offer, its second attempt to buy the Quebec-based chain in three years.
Posted on 2-03-2016 at 8:53 AM
U.S. consumer spending softens; savings hit three-year high
U.S. consumer spending was unchanged in December, but a jump in savings to a three-year high suggested consumption could rebound in the months ahead.
Posted on 2-01-2016 at 10:06 AM
McDonald's all-day breakfast a hit, helps sales trump Street
McDonald's Corp reported better-than-expected quarterly same-restaurant sales as the launch of all-day breakfasts proved to be a hit with diners in the United States and demand continued to recover in China.
Posted on 1-25-2016 at 1:33 PM
Laid-off Goodwill staff will be paid: CEO
The CEO of Goodwill Industries of Toronto, Eastern, Central and Northern Ontario says laid-off staff will be paid by the end of the day.
Posted on 1-22-2016 at 10:13 AM
Canada November retail sales surge on new car sales
Canadian retail sales in November rose by a higher-than-expected 1.7 percent from October to $44.27 billion, pushed up by higher sales of new cars, data from Statistics Canada showed on Friday.
Posted on 1-22-2016 at 9:00 AM
Wal-Mart to hike pay for 1.2 million workers in 2016
Wal-Mart Stores Inc said more than 1.2 million Walmart U.S. and Sam's Club employees will receive a pay increase in 2016.
Posted on 1-20-2016 at 2:15 PM

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