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Retail News

Target moves to shut all Canadian stores faster than planned
After taking 26 months to launch its first stores in Canada, U.S. discounter Target Corp. is now looking at shutting all 133 of them in just three months – a month less than originally planned.
Posted on 3-28-2015 at 12:43 PM
Goodbye Future Shop: 66 stores closing, others converting to Best Buy locations
Future Shop owner Best Buy Canada says the move will eliminate 500 full-time and 1,000 part-time jobs.
Posted on 3-28-2015 at 11:48 AM
Tim Hortons borrows Burger King’s global expansion plan
The new owner of Tim Hortons Inc. has an aggressive plan to expand the coffee chain beyond Canada by borrowing from the playbook of sister chain Burger King Worldwide Inc. and teaming with deep-pocketed local franchisors – even in markets in which it didn’t think it would be welcome.
Posted on 3-27-2015 at 7:55 AM
Bootlegger joins growing list of retailers under bankruptcy protection
A trio of apparel chains got court protection from its creditors, adding to the growing ranks of retailers struggling amid rising low-cost fashion-retail competition.
Posted on 3-26-2015 at 2:09 PM
Lululemon’s forecast misses estimates
Canadian yogawear retailer Lululemon Athletica Inc forecast a weaker-than expected first quarter profit, months after it said margins would trough in 2015 as it continues to invest in improving quality and solving supply-chain problems.
Posted on 3-26-2015 at 7:27 AM
Watch: Dollarama to raise prices above $3 in the face of weak loonie
Did you know almost 75% of Dollarama products are sold for more than a dollar?
Posted on 3-25-2015 at 3:50 PM
Market Mover: AutoCanada shares hammered on bleak sales outlook
The car dealership chain has 48 locations across the country and says sales so far this year have been significantly lower than it had forecast.
Posted on 3-20-2015 at 1:27 PM
Canada January retail sales slide more than expected
Sales fell 1.7 percent, surpassing the 0.7 percent drop economists had forecast. In volume terms, retail sales overall dropped 1.2 percent.
Posted on 3-20-2015 at 8:56 AM

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