All Canada articles – Page 4
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News
Sears Canada to open new store model
Department store group Sears Canada is opening its new store model at four locations as it attempts to offer a revitalised in-store experience. The renovated stores opened last week and feature wider aisles, new brands and less clutter. The KidsRoom, BabyRoom and women’s and men’s suit shops have all been ...
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Walmart Canada launches premium private-label
Walmart Canada has launched a new premium private-label range called Our Finest.The line of 50 new products are all priced at CAD10 (£6.23) or less and include essential barbecue ingredients such as premium burgers and frankfurters, side salads, ice cream desserts and essentials such as ketchup, barbecue sauces and buns.Asda’s ...
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Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...
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Sears launches first purchasing app
Department store operator Sears Canada has launched its first app for both iPhone and Android devices. The app offers browsing and purchasing capabilities and is available in English or French. Exclusive promotions and daily deals are also on offer to shoppers using the application as well as a store locator ...
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Loblaw reports sales increase
Loblaw’s sales in the full year ended December 31, 2011 rose 1.3% to C$31.3bn (£19.69bn) and like-for-like sales edged up 0.9%.In the fourth quarter, the grocery and general merchandise retailer reported that sales of food and clothing were strong while drugstore sales remained flat. Sales growth in general merchandise, excluding ...
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NewsAsda poaches John Lewis Partnership director for CFO role
Asda has appointed John Lewis Partnership director of shared services Richard Mayfield as its new chief financial officer.
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Sears reduces price of more than 5,000 items
Sears has reduced the everyday price of more than 5,000 items across all departments. The cuts are accompanied by promotions and a new weekly special called Wow. The retailer aims to better align its in-store merchandising with promotions found in its ads.Sears Canada president and chief executive Calvin McDonald said: ...
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News
Sobeys’ chief exec to retire
Grocery retailer Sobeys’ chief executive Bill McEwan will retire during the next financial year for health reasons. A search for his successor is currently under way. McEwan has been president and chief executive of the retailer since 2000, and will remain in the role until a successful transition is made. ...
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Walmart Canada sets out ambitious expansion schedule
Walmart Canada has set out an ambitious expansion schedule for its 2012 financial year in which it hopes to complete a company record of at least 73 new projects. The various initiatives include building new stores and expanding, remodelling or relocating existing outlets. The retailer currently operates 333 stores, including ...
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News
Hudson’s Bay completes Lord & Taylor acquisition
Department store operator Hudson’s Bay has completed the acquisition of its affiliate Lord & Taylor Holdings. Following the deal, Hudson’s Bay will run The Bay and Lord & Taylor banners. Richard Baker will remain governor and chief executive of the new partnership while Donald Watros continues as chief operating officer.Bonnie ...
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Sears cuts 400 jobs
Sears, the department store group, has cut about 400 jobs. The majority of the positions were in the head office and stores and excluded customer-facing staff. The lay-offs follow the December redundancies of about 70 head office staff. The retailer insisted it has no plans to close stores. Vice-president of ...
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Walmart Canada to cut prices on 7,000 items
Walmart Canada is cutting prices on 7,000 items during January. The cuts are on all major categories across grocery and general merchandise and, Walmart says, are expected to translate into customer savings of more than C$25.7m (£16.2m) this month.“With the holiday season over, we know our customers are experiencing budget ...
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News
Target announces Canadian store locations
Target has announced the locations of its first 24 stores in Canada. The Ontario stores will open in March and early April 2013 in London, Kawartha Lakes, Newmarket, Milton, Cambridge, Toronto, Mississauga, Ajax, Orillia, Brampton, Windsor, Burlington, Aurora, Fergus, Hamilton, Guelph, Waterdown and Whitby. Target Canada president Tony Fisher said ...
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NewsSun European makes offer for Jacques Vert
Private equity firm Sun European Partners has made an offer for womenswear retailer Jacques Vert. The deal values Jacques Vert at £41.2m
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Shoppers Drug Mart reports sales increase
Drugstore operator Shoppers Drug Mart has reported a sales rise of 2.1% to CAD3.11bn (£1.92bn) for the third quarter ended October 8.On a like-for-like basis, total sales increased 1.5%, with prescriptions up 1.1% and front-store sales (products sold separately from the pharmacy) up 1.8%. During the quarter, total prescription counts ...
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News
Metro (Canada) enters into partnership agreement with Marché Adonis
Metro (Canada) has entered into a partnership agreement with Montreal ethnic food retailer Marché Adonis. Metro now holds a 55% stake in both Marché Adonis, which specialises in fresh and Mediterranean products and prepared meals, and its distributor sister company Phoenicia Products.Marché Adonis’ founders have retained a 45% interest and ...
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Grocer Sobeys announces business realignment
Grocer Sobeys has announced a realignment that will see the creation of two business units, each led by a president of operations. The IGA operations business unit comprises the IGA and IGA Extra, Les Marchés Tradition, Marché Bonichoix and Rachelle-Béry banners in the province of Quebec, and will be led ...
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Canadian Blockbuster closes its remaining stores
Blockbuster in Canada, which went into receivership in May, is to shut down all its remaining stores after failing to find a suitable purchaser. This follows the disposal of 140 stores earlier in the year. Blockbuster is now winding down the video store’s operations and closing the remaining 253 stores.
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Shoppers Drug Mart announces increase in sales
Shoppers Drug Mart announced a 1.4% increase in sales to CAD2.39bn (£1.55bn) for its second quarter ended June 18.Growth was driven by increases in non-pharmacy sales in all regions of Canada. On a like-for-like basis, total sales increased 0.8%.Prescription sales decreased 1% to CAD$1.15bn (£746m) during the quarter, as growth ...
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Walmart to launch new store format
Walmart is to launch a new store format called Urban 90 in east Toronto in January 2012. Walmart Canada’s president and chief executive David Cheesewright said the initial urban store would be on a 4.5 acre site, roughly half the size of a typical Walmart site. Walmart also announced it ...