Retail Canada

Luxury Stores Are Moving To Canada's Suburban Malls

The Huffington Post Canada | Daniel Tencer | Posted 08.27.2015 | Canada Business

Luxury retailers in Canada are making a “typically American” move and shifting into the country’s shopping malls, a new study says. Tradition...

Best Buy's Canadian Earnings Suffer Massive Decline

The Huffington Post Canada | Daniel Tencer | Posted 08.27.2015 | Canada Business

Sinking loonie, store closures and "softness in Canadian economy" to blame.

Rona Is Booming

CP | Ross Marowits, The Canadian Press | Posted 08.11.2015 | Canada Business

MONTREAL — Home renovations retailer Rona Inc. (TSX:RON) is raising its dividend 14 per cent after reporting that its net profit grew nearly 19 per ...

Saks Fifth Avenue Is Hiring Big In Toronto

CP | Posted 07.30.2015 | Canada Business

TORONTO - Department store retailer Saks Fifth Avenue plans to hire 365 people over the next six months as it prepares to launch in Canada. The com...

Tip Top Owner Buys Jones New York's Canadian Stores

CP | Posted 07.29.2015 | Canada Business

TORONTO — Men's clothing retailer Grafton Fraser Inc. said Wednesday that it has acquired 35 Jones New York retail stores across Canada and is plann...

Canadian Nine West Stores Stay Alive, For Now

CP | David Friend, The Canadian Press | Posted 07.29.2015 | Canada Business

TORONTO — Shoe retailer Sherson Group, which operates Nine West stores in Canada, has been given a reprieve from its creditors until next week.Cour...

Former Canadian Targets To Reopen As Lowe's Stores

CP | Posted 07.24.2015 | Canada Business

TORONTO — Lowe's Canada said Friday it will spend $50 million to build two new stores in Ontario.In addition to a dozen former Target Canada stores ...

Loblaw Chains To Close 52 Stores

CP | The Canadian Press | Posted 07.23.2015 | Canada Business

BRAMPTON, Ont. - Loblaw Companies Ltd. plans to close 52 unprofitable stores in Canada over the next year, it says in its second-quarter earnings rele...

These Are The Retailers Making The Most Money In Canada

The Huffington Post Canada | Posted 07.17.2015 | Canada Business

With one Canadian chain store after another shutting down, and Target leaving the country in one fell swoop this spring, you could be forgiven for thi...

Allow Me To Reintroduce Myself..

CP | Ross Marowits, The Canadian Press | Posted 07.15.2015 | Canada Business

MONTREAL - Le Chateau hopes to reverse years of financial losses by introducing a more mature line to customers who were loyal in their rebellious you...

Too Many High-End Retailers Coming To Canada?

CP | The Canadian Press | Posted 07.11.2015 | Canada Business

MONTREAL - An explosion in the number of high-end retailers in Canada could lead to tough times for the segment down the road in a classic case of too...

Nine West Bankrupt

The Canadian Press | David Friend | Posted 07.08.2015 | Canada Business

TORONTO — Shoe distributor Sherson Group Inc., which operates Nine West retail stores in Canada, has filed for bankruptcy protection with the Ontari...

It's 'Make Or Break' Time For Sears Canada

CP | David Friend, The Canadian Press | Posted 06.26.2015 | Canada Business

TORONTO - Time is running out for struggling department store chain Sears Canada to improve its financial results and the chances of survival are slim...

Le Chateau May Yet Survive

CP | Ross Marowits, The Canadian Press | Posted 06.23.2015 | Canada Business

MONTREAL - Le Chateau is once again turning to its founder to finance the fashion retailer's operations and store renovations.Instead of tapping banks...

English Retailers In Quebec Will Have To Add French Slogan Or Description

CP | Patrice Bergeron, The Canadian Press | Posted 06.17.2015 | Canada Business

QUEBEC - Quebec is amending its language laws to require retailers to add a French description to go with their commercial trademark English names.Cul...

Hudson's Bay Just Bought A Major German Retailer

CP | David Paddon, The Canadian Press | Posted 06.15.2015 | Canada Business

TORONTO - Hudson's Bay Co. (TSX:HBC) is taking another step towards becoming a global retailing empire with a $3.36-billion deal to buy German departm...

Dollarama Is Booming

CP | The Canadian Press | Posted 06.10.2015 | Canada Business

MONTREAL - Dollarama Inc. says it had a $64.8-million profit in the first quarter, up nearly 22 per cent from the same time last year and above analys...

Hudson's Bay Posts $54-Million Loss

CP | The Canadian Press | Posted 06.10.2015 | Canada Business

TORONTO - Hudson's Bay Company reports it had a $54-million net loss in the first quarter.The loss equalled 30 cents per share, compared with an analy...

Can Hudson's Bay Company Conquer Germany?

CP | David Friend, The Canadian Press | Posted 06.05.2015 | Canada Business

TORONTO - Shopping in Germany could leave Hudson's Bay Co. with a handful of new challenges if it emerges the winning bidder for department store oper...

Best Buy Suffers On Canadian Sales Weakness

CP | David Friend, The Canadian Press | Posted 05.21.2015 | Canada Business

TORONTO - Best Buy Co. says persistent slower sales of electronics in Canada — and a decision to close the Future Shop chain — left a significant ...

Sunny Freeman

Coach Quietly Lays Off Its Canadian Part-Time Workers

HuffingtonPost.com | Sunny Freeman | Posted 05.21.2015 | Canada Business

Low-wage part-time Coach employees, whose total monthly pay is often less than the cost of one of the pricey handbags they sell to high-end clients, a...

Wake Up Retailers, Canadian Consumers Are Seriously Buying Online

CP | David Friend, The Canadian Press | Posted 05.12.2015 | Canada Business

TORONTO - If the Canadian retail industry is looking for a new sales motto, they might want to consider, "Ship It, or Lose It."After years of dabbling...

How Sears Canada Is Benefiting From Target's Disappearance

CP | David Friend, The Canadian Press | Posted 06.23.2015 | Canada Business

TORONTO - With the doors closed for good at Target's 133 Canadian stores, Sears Canada CEO Ronald Boire hopes more shoppers will now walk through Sear...

Things Are Looking Up For Canada's Food Retailers

CP | The Canadian Press | Posted 06.22.2015 | Canada Business

MONTREAL - Grocery company Metro Inc. says that the rising cost of food contributed to higher revenue and store sales in the company's second quarter....

Retail Sales In Canada Stop Falling

CP | The Canadian Press | Posted 06.17.2015 | Canada Business

OTTAWA - Retail sales in Canada posted a gain of 1.7 per cent in February following two consecutive monthly declines.Statistics Canada says retail sal...