Content about Economy of Canada

June 13, 2013
Walmart Canada faces emboldened competitor

The Sobey’s chain of food stores, whose parent company counts former Walmart Canada head Dave Ferguson among its board members, has added new square footage to its retail portfolio with the acquisitions of Safeway’s Canadian stores.

June 12, 2013
Dip in Lord & Taylor same store sales not enough to keep HBC's Q1 in the cold

A same-store sales decline at Lord & Taylor was not enough to keep Hudson's Bay Company first quarter results for the period ended May 4 in the cold, thanks to strong same-store sales growth at Hudson's Bay.

June 10, 2013
Lululemon CEO resigns following Q1 results

Lululemon reported results for the first quarter ended May 5, but the news of the day was CEO Christine Day's resignation after five and a half years.

June 6, 2013
Operations execs to enlighten suppliers on execution opportunities

Store level execution, a topic near but not always so dear to the hearts of Walmart suppliers, will be the focus of a Doing Business in Bentonville event scheduled for next Wednesday.

June 3, 2013
Walmart freshens up its produce aisle

Walmart is putting its money where its mouth is and not only making changes across produce sourcing, training and operations to offer customers fresher produce, but also rolling out a 100% money-back guarantee.

May 9, 2013
Walmart encourages customers to give back

As part of its philanthropic efforts, Walmart is holding a fundraiser between now and Friday, June 21 benefiting Children’s Miracle Network Hospitals.

April 11, 2013
A new way to connect with Canadian Shoppers

Walmart has teamed with Rogers Media to create a new print and digital property called Walmart Live Better that will be distributed for free in Canada.

April 4, 2013
Walmart and Target prices comparable in Canada

A March 2013 study by Kantar Retail indicates that Walmart Canada and Target Canada are very competitively positioned from a basket price perspective.

March 22, 2013
Sam’s Club doubles up with Walmart in La Marque

Sam’s Club this week opened a new 136,000-sq.-ft. club adjacent to a Walmart supercenter in La Marque, Texas.

March 21, 2013
Guitar Center finds right note with former Best Buy exec

Music retailer, Guitar Center, has announced that Mike Pratt has been appointed CEO and a member of the company's board of directors effective April 1.

March 14, 2013
Thomas the Tank Engine rolls into Walmart

Walmart stores will be the exclusive retailer of a new adventure from Thomas the Tank Engine beginning April 9, 2013.

March 8, 2013
Wilson named head of Best Buy Canada

Best Buy has named Ron Wilson as its new president and COO of its Canada operations, effective immediately.

March 7, 2013
Union claims Target Canada engaged in unfair hiring practices

The Canadian arm of the United Food and Commercial Workers union has taken aim at Target for its alleged unfair treatment of former Zellers workers.

March 4, 2013
Target Canada opens three pilot stores

As Target's Canadian debut draws near, the company announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus.

February 5, 2013
Target loyalty program comes to Canada

Canadian consumers eager to get their hands on a Target loyalty card can now apply for one.

January 31, 2013
Mother Nature Network partners with Walmart

A new online destination profiling sustainability innovations and innovators has been created by The Mother Nature Network (MNN) and Walmart.

January 31, 2013
Walmart prevails in union ordeal

Organized labor was dealt a setback in its attacks on Walmart on Thursday when the National Labor Relations Board sided with the retailer in a dispute involving the United Food and Commercial Workers.

January 25, 2013
Target Canada unveils exclusives, partnerships ahead of opening

Target has revealed its exclusive partnerships, own brands and limited collections that Canadian consumers can look forward to experiencing once the retailer opens its first stores in the country this spring.

January 22, 2013
Walmart Canada growth to slow

Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

January 10, 2013
Walmart makes merchandising moves

More than a dozen executives in Walmart’s merchandising organization will begin the new fiscal year with different responsibilities following a restructuring announced on Thursday.

December 21, 2012
The TJX Companies extends its e-commerce reach

The TJX Companies has acquired Sierra Trading Post, an off-price Internet retailer based in Cheyenne, Wyoming, for approximately $200 million in cash.

November 29, 2012
Discount apparel remains in style

TJX Companies reported a 3% comp increase on top of a prior year gain of 4% while Ross Stores said posted a comp increase of 2% compared to last November’s 5% comp increase.

October 16, 2012
Target awareness strong well before Canadian entry

Target should be feeling confident about its upcoming entry into Canada, as a recent survey from Kantar Retail and TNS Canada revealed that 75% of Canadians are aware of the retailer.

September 20, 2012
Improving healthy habits and ending low price confusion

Talk about an uphill battle. Walmart is trying to educate shoppers about eating healthy on a limited budget and the importance of understanding unit prices when evaluating purchase decisions.

September 17, 2012
Lowe's withdraws bid to buy Rona; remains committed to Canadian growth

Lowe’s Cos. Inc. said Monday it has withdrawn its bid to purchase Canadian home-improvement retailer Rona Inc.

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