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Retail News

Desjardins: Now or never for Sears Canada
The time for Sears Canada to turnaround its business is now or never, according to Keith Howlett, Desjardins Capital Markets analyst.
Posted on 6-27-2015 at 7:29 PM
Sobeys to cut 1,300 jobs as it streamlines distribution operations
Sobeys Inc. is preparing to shave 1,300 jobs in the wake of its takeover of Safeway Canada as the country’s second-largest grocer looks to consolidate its distribution and office operations and cut costs.
Posted on 6-26-2015 at 7:24 AM
Lululemon recalls drawstrings from hoodies after they lash faces
Lululemon Athletica Inc. is recalling the drawstrings used in about 318,000 women’s hoodies and other tops after seven consumers reported injuries to their eyes and faces.
Posted on 6-25-2015 at 2:34 PM
Wal-Mart will start imposing charges on suppliers as its costs mount
The move marks a shift of sorts by Wal-Mart, which unlike other retailers has sought to limit such fees in return for demanding suppliers give it the lowest price.
Posted on 6-24-2015 at 7:05 AM
Sleep Country to seek $200 million in initial public offering
The company aims sells its shares at $14 to $16 a piece, according to the filings.
Posted on 6-23-2015 at 2:45 PM
Four reasons why Dollarama is making big bucks
Retail analyst Doug Stephens says there are several reasons why Dollarama has done so well in recent years, and many of them have to do with seismic changes in Canada’s retail sector.
Posted on 6-22-2015 at 10:57 AM
Loblaws workers preparing for a strike
The union representing workers at Loblaws says its members have rejected a tentative agreement reached with the company.
Posted on 6-22-2015 at 8:46 AM
Pared-down meeting gives Tim Hortons shareholders taste of new management
The new owner of Tim Hortons Inc. gave its shareholders a taste of the coffee-and-doughnut chain’s no-frills approach to its business.
Posted on 6-18-2015 at 6:12 AM

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