Department Stores


Sears Canada Sees Sales, Profits Slump

TORONTO - Sears Canada Inc. dipped into the red ink in the second quarter as the department store chain suffered a drop in revenue and same-store sales. Sears put the loss for the three months ended J...
Flickr: Wendel F.

Retail Sales Up Slightly In May

MONTREAL - Consumers bought garden equipment, building materials and sporting goods due to better weather in May, sending up retail sales modestly for the month and leading some economists to predict that growth will revive in the months ahead.Statistics Canada said Friday that sales edged up 0.1 per cent in May to $37.5 billion with declines at car dealers and food and beverage stores.