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Retail News

Hudson’s Bay wants to sit with the cool kids
Richard Baker, Governor and Chief Executive Officer, Hudson's Bay Company wants to prove that the Bay has enough swagger to run with the cool kids like Nordstrom’s and Bloomingdale's.
Posted on 11-25-2014 at 11:16 AM
Wal-Mart's chief merchandising officer to leave: report
Wal-Mart's chief merchandising officer  is expected to announce his departure from the world's largest retailer just days before Black Friday, according to a report.
Posted on 11-25-2014 at 8:48 AM
Fashion chain Gap in deal with online retailer Zalando
Gap Inc, GPS.N has struck a deal with Europe's largest dedicated online fashion retailer Zalando to sell its core brand from next May, hoping to reach more consumers, particularly in markets where it has no physical stores.
Posted on 11-24-2014 at 8:26 AM
Hudson’s Bay takes out mortgage on flagship Saks store to cut debt
Hudson’s Bay outlined a $1.25-billion refinancing plan on Monday, in a move to reduce debt taken on when it acquired U.S. rival Saks last year.
Posted on 11-24-2014 at 8:08 AM
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

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