Retail Canada

Why Has Ikea Succeeded In Canada When Others Have Failed?

Posted 01.30.2015 | Canada Business

While some foreign retail giants like Target are pulling out of Canada, Ikea continues to increase its sales. Ikea Canada president Stefan Sjöstrand ...

And The Latest Retailer To Close All Its Stores Is...

CP | The Associated Press | Posted 01.29.2015 | Canada Business

NEW YORK — Jones New York announced Thursday that it is closing its 127 retail stores, including three dozen locations in Canada, and discontinuing ...

Forget Target, This Japanese Giant Is Heading To Canada Next Year

CP | The Canadian Press | Posted 01.27.2015 | Canada Business

TORONTO — Japanese clothing retailer Uniqlo will open its first two Canadian stores in Toronto next year. Uniqlo is owned by Fast Retailing Co., ...

Could This Be The Future Of Canadian Target Locations?

CP | The Canadian Press | Posted 01.20.2015 | Canada Business

TORONTO - The founder and chief executive of GoodLife Fitness says his company will look at Target Canada store locations as part of its growth strate...

'Please Be Kind To Target Employees'

The Huffington Post Canada | Daniel Tencer | Posted 01.16.2015 | Canada Business

Shareholders in Loblaws and Dollarama are celebrating Target's abrupt departure from Canada, and market analysts are lauding the retailer for making t...

Look At All The Retailers Who Are Closing Stores In Canada

CP | Posted 01.15.2015 | Canada Business

TORONTO — A list of retailers that have recently closed or are closing shop in Canada: Mexx Canada — Dutch-based retailer declared bankr...

Now Sony Is Closing All Its Canadian Stores, Too

CP | Posted 01.15.2015 | Canada Business

TORONTO - Sony Corp. says it is closing all 14 retail stores in Canada as it refocuses its business.The Japanese electronics company says the closures...

Bye Bye, Mexx

CP | Ross Marowits, The Canadian Press | Posted 01.14.2015 | Canada Business

MONTREAL — Insolvent fashion retailer Mexx is liquidating its 95 stores in Canada by the end of February.By the end of this week week, 25 locations ...

Sunny Freeman

Boxing Day Shall Rise Again..

HuffingtonPost.com | Sunny Freeman | Posted 12.26.2014 | Canada Business

Boxing Day, the long-reigning busiest shopping day of the year, could be eclipsed by Black Friday for the first time this year. But experts say shoppe...

Invasion Of The American Luxury Retailers

CP | Lauren La Rose, The Canadian Press | Posted 12.21.2014 | Canada Business

TORONTO - With the arrival of Nordstrom north of the border in Calgary and Saks Fifth Avenue waiting in the wings, the U.S. department stores are join...

Report: Online Cross-Border Shoppers Should Get Tax Cuts

CBC | Posted 12.19.2014 | Canada Business

Canadians and their federal government would save money by raising tenfold the amount consumers can spend on cross-border purchases before having to ...

Shopping Malls Dead? Not So Fast..

CP | Alexandra Posadzki, The Canadian Press | Posted 12.18.2014 | Canada Business

TORONTO - The rise in online shopping may have raised concerns for retail property owners, but the chief executive at First Capital Realty (TSX:FCR) s...

Plunging Gas Prices Have Holiday Retailers Seeing $$$

CP | Alexandra Posadzki, The Canadian Press | Posted 12.14.2014 | Canada Business

TORONTO - Savings at the pump may allow many Canadians to shell out more for gifts this holiday season and boost sales for retailers, analysts say, pa...

Dollarama Is Booming

CP | Ross Marowits, The Canadian Press | Posted 12.04.2014 | Canada Business

MONTREAL - Dollarama Inc. (TSX:DOL) said Thursday it earned $73 million in its latest quarter, up from $61.7 million a year ago as sales increased 12 ...

After 185 Years In Quebec, Simons To Expand Across Canada

CP | Lauren La Rose, The Canadian Press | Posted 01.25.2015 | Canada Business

TORONTO - After 175 years, Quebec-based Simons is primed to make a major expansion push beyond the province with stores in five new cities across Cana...

LOOK: 7 Iconic Toronto Stores That Are History

Posted 10.06.2014 | Canada Business

Chalk up another victim of the retail revolution. The Toronto menswear store Stollery's is closing its doors after 114 years of selling suits and t...

Staples Shuts Stores Because There's Nothing Left To Staple

The Huffington Post Canada | Posted 10.01.2014 | Canada Business

The great Canadian retail shakeup continues, with Staples retroactively announcing on Wednesday it had shuttered 15 of its Canadian locations at the e...

This Japanese ‘No-Brand' Chain Is About To Hit Canada

The Huffington Post Canada | Posted 09.29.2014 | Canada Business

Shoppers who disdain overpriced brands and wasteful packaging can look forward to a new alternative in Canada. Japanese retailer Muji, known for it...

Le Chateau In A Tailspin

CP | Posted 09.08.2014 | Canada Business

MONTREAL — Shares of clothing retailer Le Chateau plummeted nearly 19 per cent Monday in the first trading after the company reported a net loss in ...

8 Retailers At Risk Of Disappearing From Canada

The Huffington Post Canada | Daniel Tencer | Posted 08.20.2014 | Canada Business

It seems hardly a month goes by these days without announcements of layoffs or dismal earnings at Canadian retailers. Canada's economy is humming alon...

Latest Trend In Business: Trying To Buy Your Love

CP | Alexandra Bosanac, The Canadian Press | Posted 10.11.2014 | Canada Business

TORONTO - With competition fierce for consumer dollars, companies are pulling out all the stops to build loyalty, from cost-cutting and beefing up loy...

Canada's Malls Are Reshaping To Cater To The Rich

CP | Alexandra Bosanac, The Canadian Press | Posted 09.27.2014 | Canada Business

TORONTO - While big box retailers like Target have struggled to get a foothold in Canadian markets, demand for luxury retailers is strong and fuelling...

The Bay Is Closing These Home Outfitters Locations

Posted 07.23.2014 | Canada Business

TORONTO — Hudson's Bay Co. is shuttering two Home Outfitters locations as it focuses on making more of its products available online. Tiffany Bou...

These Canadian Retailers Are Fighting For Survival

CBC | Posted 09.22.2014 | Canada Business

Foreign retailers have flooded the Canadian market in recent years opening hundreds of new stores and the pressure may be too much for some long-esta...

Target Not The Only U.S. Retailer To Fail In Canada..

CBC | Posted 09.19.2014 | Canada Business

The impending Canadian launch of fabled American retailers Nordstrom and Saks Fifth Avenue is eagerly anticipated by consumers, but the disastrous rol...