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Retail News

Sears turns to CEO again for cash to boost confidence

Sears turns to CEO again for cash to boost confidence

Sears Holding Crop. saw shares jump over 20 percent on news of the company's latest fundraising efforts.

Posted on 10-20-2014 at 6:14 PM

Adidas shares jump on report of $2.2-billion bid for Reebok unit

Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu...

Posted on 10-20-2014 at 6:34 AM

U.S. hedge fund now owns almost half of Sears Canada

Edward Lampert’s hedge fund has taken an almost 50-percent stake in Sears Canada Inc. after its parent company began a rights offering this week.

Posted on 10-18-2014 at 2:14 AM

Lululemon mocks Buffalo sports teams with in-store mosaic

Yoga-wear maker Lululemon has fumbled the public relations ball yet again with artwork in its Buffalo store that reminds shoppers of the city’s epic sports disappointments.

Posted on 10-17-2014 at 7:33 AM

Sears Canada gets new interim CEO from U.S. parent

Struggling Sears Canada Inc., whose U.S. owner plans to unload most of its stake in it in a rights offering, is getting a temporary new boss - Ronald Boire. Previously he was chief...

Posted on 10-15-2014 at 7:55 AM
Sears, Amazon remove swastika rings from websites

Sears, Amazon remove swastika rings from websites

Sears and have pulled a ring emblazoned with a swastika from their online stores after the Nazi-linked symbol sparked outrage on social media.

Posted on 10-14-2014 at 1:15 PM

The good, bad and ugly of Canadian retail

Canadian Tire CEO Michael Medline’s address at an investor’s conference Thursday sounded like a locker room pep talk as he invoked a colourful hockey metaphor to tout his company’s ongoing...

Posted on 10-09-2014 at 3:53 PM

Canadian Tire to go hard on digital, store upgrades for 3-year plan

Canadian Tire Corp Ltd will target average earnings per share growth of 8-10 percent between 2015 and 2017 under an "aggressive plan to compete", the retailer said on Thursday.

Posted on 10-09-2014 at 8:34 AM

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