Brands + Retail

Market Share Play: Lowe’s Bid to Gain Scale in Canada with Rona

Market Realist - The Rona (RON.TO) acquisition should give Lowe’s (LOW) a market-leading position in Canada’s home improvement market, estimated at over $45 billion Canadian.

Lowe’s $2.3 Billion Rona Acquisition: A Fair Price for Growth?

Market Realist - Lowe’s (LOW), announced that it had entered into a definitive agreement to acquire…

Why Is Sears Holdings (SHLD) Stock Down Today?

Zacks - It's more bad news for investors of Sears Holdings (SHLD) as the stock has dropped over 6.5…

Latest News

  • Walmart Traded above Its 100-Day and 20-Day Moving Averages

    Currently, Walmart is trading 8.8% above its 100-day moving average and 4.5% above its 20-day moving average. The stock has been trading below its 100-day moving average since August 6, 2015.

    Currently, Walmart is trading 8.8% above its 100-day moving average and 4.5% above its 20-day moving average. The stock has been trading below its 100-day moving average since August 6, 2015.

  • After challenging holiday, Sears to speed up store closings
    After challenging holiday, Sears to speed up store closings

    Following a "challenging" holiday season, Sears will accelerate the closure of some of its stores.

    After challenging holiday, Sears to speed up store closings

    Following a "challenging" holiday season, Sears will accelerate the closure of some of its stores.

  • Luxury retailers to battle it out as clothing sector faces challenging few years

    MONTREAL - Industry 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.

    MONTREAL - Industry 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.

  • File photo of a man in short sleeves carrying shopping bags near Herald Square during unseasonably warm weather in Manhattan
    U.S. retail sales and Yellen testimony in focus

    Global markets have been in turmoil since the start of the year, with stocks and commodities prices reeling, eroding inflation and making central banks increasingly dovish - a trend that could continue …

    File photo of a man in short sleeves carrying shopping bags near Herald Square during unseasonably warm weather in Manhattan

    Global markets have been in turmoil since the start of the year, with stocks and commodities prices reeling, eroding inflation and making central banks increasingly dovish - a trend that could continue with more weak economic data. China, a focus of much of the recent market concern, released foreign reserves data on Sunday …

  • 62310973
    McDonald’s Canada to give away books in Happy Meals

    Over the next two weeks McDonald’s will be giving away 1.5 million books in Happy Meals across Canada. “We’ve tied it into Valentine’s day, a time where kids have a lot of fun, so each of the books has …

    62310973

    Over the next two weeks McDonald’s will be giving away 1.5 million books in Happy Meals across Canada. “We’ve tied it into Valentine’s day, a time where kids have a lot of fun, so each of the books has fun little Valentine’s cards and stickers,” says Michelle McIlmoyle senior national marketing manager at McDonald’s and …

  • Beefed up: McDonald's edging out KFC, Pizza Hut in China revival battle

    By Adam Jourdan SHANGHAI (Reuters) - Yum Brands Inc , the home of KFC and Pizza Hut, is falling behind rival McDonald's Corp as the pair battle to revive flagging sales in China - a headache for Yum …

    A burger set is displayed at a McDonald's restaurant in Hong Kong in this photo illustration

    By Adam Jourdan SHANGHAI (Reuters) - Yum Brands Inc , the home of KFC and Pizza Hut, is falling behind rival McDonald's Corp as the pair battle to revive flagging sales in China - a headache for Yum as it looks to spin off operations in its biggest market. A Reuters analysis of same-store sales data suggests McDonald's …

  • Cramer: Lower gas prices 'spotty' in retail

    Lower gasoline prices have not boosted retail spending as much as investors would expect, says CNBC's Jim Cramer.

    Cramer: Lower gas prices 'spotty' in retail

    Lower gasoline prices have not boosted retail spending as much as investors would expect, says CNBC's Jim Cramer.

  • Saputo adjusted profit rises, boosted by weak Canadian dollar

    (Reuters) - Saputo Inc , one of Canada's largest dairy producers, reported higher than expected adjusted earnings on Thursday, helped by weakness in the Canadian dollar. For its fiscal third quarter, …

    (Reuters) - Saputo Inc , one of Canada's largest dairy producers, reported higher than expected adjusted earnings on Thursday, helped by weakness in the Canadian dollar. For its fiscal third quarter, adjusted net income rose 13.5 percent to C$175.4 million, or 44 Canadian cents a share. Revenue during the quarter, which …

  • Good Picture: Organic and Inorganic Growth in Retail Revenue

    Michael Kors pulled off a mix of organic and inorganic growth. The company's retail sales grew by 15.7% on a constant currency basis.

    Michael Kors pulled off a mix of organic and inorganic growth. The company's retail sales grew by 15.7% on a constant currency basis.

  • TSX rises as resource stocks rally, Rona nearly doubles

    By Fergal Smith TORONTO (Reuters) - Canada's main stock index rose on Wednesday as strength in commodity prices supported energy and mining stocks, while shares in home retailer Rona Inc almost doubled …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Fergal Smith TORONTO (Reuters) - Canada's main stock index rose on Wednesday as strength in commodity prices supported energy and mining stocks, while shares in home retailer Rona Inc almost doubled after a generous takeover deal. "This is all U.S. dollar related," said Norman Levine, managing director, Portfolio …

  • Lowe's wins over Canada's Rona with renewed takeover offer

    U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc for C$3.2 billion ($2.28 billion), winning over Rona's board with a far higher offer than an unsolicited bid more than three …

    A Rona store is pictured in Ottawa

    U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc for C$3.2 billion ($2.28 billion), winning over Rona's board with a far higher offer than an unsolicited bid more than three years ago that was opposed by the company and Quebec politicians. The deal will put Lowe's in a stronger position to …

  • Analysts Revised the Price Target after McDonald’s Earnings

    Wall Street analysts set a price target of $125.1 for the next 12 months with a return potential of 5% from the closing price of $119.2 on January 25.

    Wall Street analysts set a price target of $125.1 for the next 12 months with a return potential of 5% from the closing price of $119.2 on January 25.

  • U.S.-based Lowe's to buy Rona, years after nationalist sentiment crushed deal

    MONTREAL - Home renovation chain Lowe's unveiled a $3.2-billion friendly bid Wednesday to acquire Rona, four years after nationalist sentiment protected the Quebec company from a hostile takeover from …

    U.S. giant Lowe's to buy Rona in deal that would shake up home improvement sector

    MONTREAL - Home renovation chain Lowe's unveiled a $3.2-billion friendly bid Wednesday to acquire Rona, four years after nationalist sentiment protected the Quebec company from a hostile takeover from ...

  • McDonald’s Is Still Concerned about the Strengthening Dollar

    In 3Q15, McDonald’s (MCD) earned 66.9% from international markets and 33.1% from US markets. The fluctuation of the dollar against other currencies will most likely affect the company's revenue.

    In 3Q15, McDonald’s (MCD) earned 66.9% from international markets and 33.1% from US markets. The fluctuation of the dollar against other currencies will most likely affect the company's revenue.

  • Most Analysts Still Rate Starbucks a ‘Buy’ after 1Q16 Earnings

    Starbucks (SBUX) closed at $59.20 on January 22. Following the 1Q16 earnings release, we saw an update on future developments that may reflect in the company’s share price.

    Starbucks (SBUX) closed at $59.20 on January 22. Following the 1Q16 earnings release, we saw an update on future developments that may reflect in the company’s share price.

  • Strong Dollar Eats into McDonald’s 4Q15 Revenue

    The strong dollar was a headwind for US companies with international operations. More than 65% of McDonald’s revenue came from the international market.

    The strong dollar was a headwind for US companies with international operations. More than 65% of McDonald’s revenue came from the international market.

  • McDonald’s 4Q15 Earnings Beat Market Expectations

    McDonald’s (MCD) released its 4Q15 earnings on January 25, 2016. The company reported an EPS of $1.28—a rise of 13.2% from its 4Q14 earnings.

    McDonald’s (MCD) released its 4Q15 earnings on January 25, 2016. The company reported an EPS of $1.28—a rise of 13.2% from its 4Q14 earnings.

  • Retail's big advantage vs Amazon not foolproof

    The popular click-and-collect strategy often drives incremental sales, but it can also weigh on retailers' profitability.

    Retail's big advantage vs Amazon not foolproof

    The popular click-and-collect strategy often drives incremental sales, but it can also weigh on retailers' profitability.

  • Starbucks’s Valuation Multiple Rose after 1Q16 Earnings

    Starbucks's valuation multiple rose to 30x following its 1Q16 earnings release from 29.89x. Earlier in this series, we saw that analysts revised their EPS estimates for the next 12 months slightly upw …

    Starbucks's valuation multiple rose to 30x following its 1Q16 earnings release from 29.89x. Earlier in this series, we saw that analysts revised their EPS estimates for the next 12 months slightly upwards....

  • Starbucks: Online Sales Likely Drove Analyst Revisions after 1Q16

    Now that Starbucks's (SBUX) 1Q16 results and management outlook are out, we'll review how analysts have reacted and whether they've changed their estimates for the company.

    Now that Starbucks's (SBUX) 1Q16 results and management outlook are out, we'll review how analysts have reacted and whether they've changed their estimates for the company.