February 25, 2015

Target on Wednesday reported a net loss of $2.6 billion (pre-tax loss of $5.1 billion) in its fourth quarter due to the impact of its exit from Canada, compared to a $520 million gain year-ago period.

February 11, 2015

Target Corp. plans to lay off about 550 headquarters employees as the company winds down its Canadian operations, the Star Tribune reported Wednesday.

February 11, 2015

Wal-Mart Stores is giving a big boost to its Canadian operations even as Target shuts downs its failed Canadian venture.

February 5, 2015

U.S. retailers seeking to grow business with online shoppers across country borders should look to Canada, according to a report by Borderfree, a provider of international cross-border ecommerce solutions.

February 2, 2015

Staples Advantage Canada, the business-to-business division of Staples, is running its third annual "Messiest Office Contest," with a chance to win an office makeover.

January 28, 2015

Lowe’s Canada plans to open 25 new stores in Canada during the next three years.

January 26, 2015

Uniqlo will enter Canada in the fall of 2016, opening a store at Yorkdale Shopping Centre, Toronto, and one at the Toronto Eaton Centre.

January 22, 2015

Wal-Mart Canada will open 11 supercenters across the country by Jan. 29, 2015, completing its expansion for the company's current fiscal year.

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 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.