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Retail News

Black Friday shopping: Sales changes Canadian retail landscape
The holidays have long been an important time for retailers, with most counting on holiday shoppers to help bolster the bottom line.
Posted on 11-21-2014 at 9:36 AM
Best Buy profit doubles as U.S. sales rise
Best Buy, the largest U.S. consumer electronics retailer, said quarterly profit nearly doubled as operating costs fell.
Posted on 11-20-2014 at 7:31 AM
Canada grocer Metro's profit beats on Ontario rejig, acquisition
Canadian grocer Metro reported a higher-than-expected quarterly profit, helped by the reorganization of its Ontario store network and the acquisition of a majority stake in bakery chain Premiere Moisson.
Posted on 11-19-2014 at 12:45 PM
Target making progress, results ‘remain unacceptable’ in Canada
Target Corp. is making progress in its troubled Canadian division but the results here still are unacceptable, a company executive says.
Posted on 11-19-2014 at 11:08 AM
REPLAY: Target CFO answers questions on Canadian operations
Is the turnaround in Canada starting to take shape or is Target hoping for a major holiday wish? The retailer's CFO addresses these questions.
Posted on 11-19-2014 at 8:19 AM
Wal-Mart Canada fires 210 employees at head office
The layoffs, mostly at its head office in Mississauga, Ontario, come on the heels of it cutting about 750 jobs across the country last spring in a store management restructuring.
Posted on 11-18-2014 at 3:55 PM
Home Depot profit beats estimates as U.S. job market improves
Home Depot, the world's No.1 home improvement chain, reported a better-than-expected quarterly profit as an improving job market encouraged Americans to spend more on renovations.
Posted on 11-18-2014 at 10:34 AM
Embattled Sears Canada posts another loss
The struggling retailer reported its 10th loss in 15 straight quarters as slumping sales continue, showing little sign that its turnaround plans are bearing fruit.
Posted on 11-18-2014 at 9:33 AM

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