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Retail News

Sears Canada speeding up investments in turnaround effort: CEO
Sears Canada is stepping up spending on areas like its website and profitable merchandise categories as part of its turnaround plan, the retailer's new acting CEO says.
Posted on 12-19-2014 at 11:45 AM
Consumers can sue Target over data breach: U.S. judge
A U.S. judge has cleared the way for consumers to sue Target over the retailer's late 2013 data breach that they say compromised their personal financial information.
Posted on 12-19-2014 at 10:27 AM
Saputo to sell Canada's largest producer of snack cakes to Mexican food giant
Mexican food giant Grupo Bimbo, through its subsidiary Canada Bread Co., is buying Saputo’s bakery division, maker of Vachon and Jos Louis snack cakes.
Posted on 12-18-2014 at 10:17 AM
Hudson’s Bay hires ex-chief of Toys R Us as new CEO
Gerald Storch will be responsible for Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5, Home Outfitters and HBC Digital.
Posted on 12-17-2014 at 10:24 AM
Wal-Mart ordered to pay $188M over reduced staff breaks
Wal-Mart said the Pennsylvania Supreme Court had ordered it to pay about $188 million to settle a class-action lawsuit filed by employees who claimed their meal and rest breaks were regularly cut.
Posted on 12-16-2014 at 12:15 PM
BC Partners to acquire PetSmart for $8.7 billion
PetSmart agreed to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged buyout of the year.
Posted on 12-15-2014 at 7:22 AM
LCBO, Beer Store face legal action over secret ‘sweetheart deal’
Revelations of a secret deal between the Beer Store and the LCBO have spawned a proposed class-action lawsuit demanding $1.4-billion in damages on behalf of beer drinkers.
Posted on 12-13-2014 at 11:48 AM
Holiday shopping tips: Top 9 toys from a top mom
Move over Barbie, Disney’s Elsa is here.
Posted on 12-12-2014 at 2:11 PM

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