January 15, 2015

Brian Cornell, CEO and chairman of Target Corp., used the company’s A Bullseye View blog to discuss Target’s decision to shutter its operations in Canada.

January 15, 2015

Target Corp. has received official approval from the Canadian goverment to shutter its troubled operations in Canada.

January 15, 2015

Target is calling it quits in Canada. The retailer said is closing down its money-losing Target Canada business. The chain previously indicated it would review its Canadian subsidiary, which launched with great fanfare in March 2013, after the 2014 holiday season.

January 8, 2015

Canadian financial cooperative Desjardins Group is acquiring both the Best Buy Canada and Future Shop private-label credit card portfolios from Best Buy Canada Ltd.

December 15, 2014

The U.S. retail tradition of ‘Cyber Week’ is spreading north. 

December 5, 2014

The proposed merger between Tim Hortons Inc. and Burger King Worldwide Inc. has been approved by the Minister of Industry under the Investment Canada Act ("ICA").

December 5, 2014

The proposed merger between Tim Hortons Inc. and Burger King Worldwide Inc. has been approved by the Minister of Industry under the Investment Canada Act ("ICA").

December 4, 2014

Hudson’s Bay Company is launching a new credit card program with Capital One Financial Corp. that includes the Saks Fifth Avenue banner.

December 1, 2014

Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. 

December 1, 2014

Walmart Canada is adding 33 Grab and Go lockers in the greater Toronto area.  

November 24, 2014

It appears that Hudson’s Bay Co. got itself quite a deal when it purchased Saks Fifth Avenue in 2013 for the sum of $2.9 billion, including debt. Saks’s signature  Fifth Avenue flagship has recently been appraised at an whopping $3.65 billion—significantly more than Hudson’s Bay paid for the entire chain.

November 19, 2014

Hudson’s Bay Company announced the appointment of Jon K. Nordeen to the position of CIO, effective November 2014.

 

November 19, 2014

Target Corp. gained some momentum going into the holiday season with a third quarter that beat both Wall Street and internal expectations.

November 17, 2014

J.P. Morgan Chase & Co. will reportedly end its agreement to issue credit cards for Sears Canada when the term expires Nov. 15, 2015.

November 17, 2014

Retailcommon, the social shopping network that serves more than 6,000 retail locations and 20 million customers in Canada and Europe, has launched operations in the U.S.

November 12, 2014

Online beauty retailer Birchbox is launching in Canada, marking the sixth country the company has expanded to since launching in the United States in Sept. 2010.   

November 7, 2014

In addition to obtaining data from 56 million payment cards between April and Sept. 2014, hackers who infiltrated the network of The Home Depot Inc. also obtained the email addresses of 53 million customers.

October 29, 2014

Luxury outdoor apparel brand Canada Goose is using Demandware Commerce to power its global direct-to-consumer strategy. Canada Goose’s first ecommerce site, serving consumers in Canada, went live in August.

October 20, 2014

What do supermarkets have to gain from a price war? Judging from the battles that have been raging around the world of late, the answer is--nothing.

September 23, 2014

The strategic merits of Burger King Worldwide's leveraged buy-out of Tim Hortons Inc. will be tested by Monday's enactment of tightened U.S. Treasury tax rules on U.S. companies seeking to re-domicile their headquarters in countries with more favorable tax systems, according to Fitch Ratings.

September 23, 2014

Target Canada is aggressively repositioning to drive its price value, according to a basket pricing study by Kantar Retail.

September 19, 2014

Nordstrom on Friday opened its first store in Canada, at Chinook Centre in Calgary, Alberta.

September 18, 2014

Costco Wholesale Corp will stop accepting American Express cards at its stores in Canada, effective January 1, 2015.

September 15, 2014

So far, the November 2013 purchase of Saks Fifth Avenue by Hudson’s Bay Company (HBC) is paying dividends.