Retail Wars
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Sears Canada plans to slash more costs as sales tumbleDepartment store says it's planning to cut its overhead costs by a further $100 million to $127 million this year, on top of about $125 million in expense reductions it made last year.MoneyMar 18, 2016
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Danier Leather starts final sales ahead of store closuresThe retailer and operator of 76 stores and outlets has failed to find a buyer after entering insolvency proceedings last month.CanadaMar 8, 2016
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Retailers just endured their ‘worst year’ – but will this one be any better?With economic storm clouds gathering over large tracts of the country, many are asking how the current year will compare to the bloodbath of 2015.CanadaFeb 19, 2016
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Battle to rev up among luxury retailersIndustry watchers say Canada's retail clothing sector is expected to slow in the coming few years even though the battle for luxury shoppers is revving up.CanadaFeb 8, 2016
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Hurt by weak loonie, fashion retailer Reitmans to cut jobsReitmans Canada Ltd. says it will eliminate 77 positions - about 10 per cent of it head office employees - to reduce costs.CanadaJan 14, 2016
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New owners will stick to Roots as retail battles heats upProminent clothing chain Roots Canada has sold a majority stake to an investment firm as a new wave of rival store openings washes over Canada.CanadaOct 27, 2015
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Walmart’s shares dive after retailer says it expects profits to fallWal-Mart expects the amount of money it will make to fall as the world's biggest retailer works to fend off intensifying competition and adapt to changing shopping habits.CanadaOct 14, 2015
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7-Eleven to trial Walmart online order pick up at Toronto locationsShoppers at Walmart.ca will be able to have their orders delivered for pickup at one of six convenience stores operated around the clock by 7-Eleven.CanadaOct 5, 2015
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American Apparel seeks bankruptcy protection, Canada stores unaffectedRetailer filesfor U.S. bankruptcy protection a year after ousting founder Dov Charney, who is locked in a contentious a legal fight with the company.ConsumerOct 5, 2015
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Loonie’s dive has Dollarama looking at raising pricesWeaker Canadian dollar is forcing country's biggest bargain store chain to raise prices to as much as $4 on some products by late next year.CanadaSep 10, 2015
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