Brands + Retail

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  • Shares of e-commerce platform Shopify jump 51 per cent in first day of trading after $131M IPO

    Shares of Shopify climbed sharply Thursday after its initial public offering raised about $131 million, more than the company expected.

    Shares of Shopify climbed sharply Thursday after its initial public offering raised about $131 million, more than the company expected.

  • Future Shop stores close across Canada
    Best Buy suffers on Canadian sales weakness as it closes Future Shop

    Best Buy Co. says slow sales of electronics in Canada — and a decision to close the Future Shop chain — left a significant dent in its first-quarter results.

    Future Shop stores close across Canada

    Best Buy Co. says slow sales of electronics in Canada — and a decision to close the Future Shop chain — left a significant dent in its first-quarter results.

  • Deadly air bags prompt historic vehicle recall
    Takata to declare 33.8M air bags defective; largest auto recall in US history

    Air bag maker Takata Corp. has agreed to declare 33.8 million of its inflator mechanisms defective, effectively doubling the number of cars and trucks that have been recalled in the U.S. so far.

    Deadly air bags prompt historic vehicle recall

    Air bag maker Takata Corp. has agreed to declare 33.8 million of its inflator mechanisms defective, effectively doubling the number of cars and trucks that have been recalled in the U.S. so far.

  • Lululemon yoga pants lawsuit properly dismissed: U.S. appeals court

    A U.S. appeals court on Friday agreed with Lululemon Athletica Inc that a lawsuit accusing the retailer of defrauding shareholders by failing to reveal defects that caused yoga pants to become see-through …

    A woman walks into a store of yogawear retailer Lululemon Athletica in downtown Vancouver

    A U.S. appeals court on Friday agreed with Lululemon Athletica Inc that a lawsuit accusing the retailer of defrauding shareholders by failing to reveal defects that caused yoga pants to become see-through was properly dismissed.

  • Prime Minister Stephen Harper announces new tax rules for equipment writeoffs

    WINDSOR, Ont. - Manufacturers will be able to write off equipment more quickly under proposed tax rule changes.

    Prime Minister Stephen Harper announces new tax rules for equipment writeoffs

    WINDSOR, Ont. - Manufacturers will be able to write off equipment more quickly under proposed tax rule changes.

  • Jury: Starbucks not liable, owes nothing to police officer who says spilled coffee burned him

    RALEIGH, N.C. - A jury in North Carolina ruled Monday that Starbucks is not liable for damages after a Raleigh police officer said he suffered third-degree burns from a cup of coffee spilling in his lap …

    Bowing to Pressure, Starbucks Quits Sourcing Water in Drought-Stricken California

    RALEIGH, N.C. - A jury in North Carolina ruled Monday that Starbucks is not liable for damages after a Raleigh police officer said he suffered third-degree burns from a cup of coffee spilling in his lap ...

  • Walmart: New animal welfare, antibiotics positions

    Walmart U.S. is asking suppliers to "report and take disciplinary and corrective action in cases of animal abuse."

    Walmart: New animal welfare, antibiotics positions

    Walmart U.S. is asking suppliers to "report and take disciplinary and corrective action in cases of animal abuse."

  • Trans-Pacific Partnership: Impact on Consumer and Retail Firms

    The benefits of the TPP and TPA are particularly relevant for firms in the consumer and retail sectors. The NFR supports the TPA and TPP trade deals.

    The benefits of the TPP and TPA are particularly relevant for firms in the consumer and retail sectors. The NFR supports the TPA and TPP trade deals.

  • 5 plays on big-name retail stocks

    "Fast Money" traders discussed how to play retailer Gap's mixed earnings report and CVS' acquisition of Omnicare.

    5 plays on big-name retail stocks

    "Fast Money" traders discussed how to play retailer Gap's mixed earnings report and CVS' acquisition of Omnicare.

  • What McDonald's needs to do: Experts

    Two McDonald's shareholders and an economics professor weigh in on what the fast-food giant needs to do to make its big turnaround work.

    What McDonald's needs to do: Experts

    Two McDonald's shareholders and an economics professor weigh in on what the fast-food giant needs to do to make its big turnaround work.

  • Canada retail sales rise in March led by cars and food

    OTTAWA (Reuters) - Canadian retail sales rose 0.7 percent in March, climbing for the second month in a row as consumers spent more on cars, food and alcohol, data from Statistics Canada showed on Friday. …

    OTTAWA (Reuters) - Canadian retail sales rose 0.7 percent in March, climbing for the second month in a row as consumers spent more on cars, food and alcohol, data from Statistics Canada showed on Friday. The figures topped economists' expectations for a modest gain of 0.3 percent. February's figures were revised …

  • Wal-Mart to bring in-house some sourcing handled by Li & Fung

    The move to buy more goods directly from factories comes as Wal-Mart, hampered by sluggish sales and profits, looks to squeeze costs out of its supply chain. "We have made a business decision to transfer …

    A shopper pushes a cart in front of a Wal-Mart store in Mexico City

    The move to buy more goods directly from factories comes as Wal-Mart, hampered by sluggish sales and profits, looks to squeeze costs out of its supply chain. "We have made a business decision to transfer certain sourcing functions for Wal-Mart in-house, and as such will work collaboratively with DSG to ensure a smooth …

  • McDonald's CEO gets grilled at first annual meeting

    McDonald's Corp (NYSE:MCD - News) shareholders defied executives at its annual meeting on Thursday.

    A McDonald's logo is seen at one of the chain's restaurants in San Francisco

    McDonald's Corp (NYSE:MCD - News) shareholders defied executives at its annual meeting on Thursday.

  • McDonald's CEO: 'Ronald is here to stay'

    Talk about job security-McDonald's clown isn't going anywhere, its CEO told shareholders.

    McDonald's CEO: 'Ronald is here to stay'

    Talk about job security-McDonald's clown isn't going anywhere, its CEO told shareholders.

  • Can Best Buy Rely on Growth Strategies to Boost Its Valuations?

    Best Buy is one of the few pure-pay electronic retailers that has managed to withstand weak industry demand and intense competition from online retailers.

    Best Buy is one of the few pure-pay electronic retailers that has managed to withstand weak industry demand and intense competition from online retailers.

  • Can Best Buy Expand Margins Enough to Benefit 1Q16 Earnings?

    Since the implementation of the first phase of its Renew Blue productivity program in 2012, Best Buy has generated $1.02 billion in cost reductions.

    Since the implementation of the first phase of its Renew Blue productivity program in 2012, Best Buy has generated $1.02 billion in cost reductions.

  • Analyzing Walmart’s 1Q16 Earnings Outlook

    Walmart’s earnings outlook should be affected by internal and external factors. Walmart announced investments in e-commerce, higher wages for ~500,000 hourly workers, and international growth investme …

    Walmart’s earnings outlook should be affected by internal and external factors. Walmart announced investments in e-commerce, higher wages for ~500,000 hourly workers, and international growth investments....

  • McDonald's CEO says he's 'incredibly proud' of pay hike criticized by labour groups

    NEW YORK, N.Y. - McDonald's CEO Steve Easterbrook said Thursday he was "incredibly proud" of a recent decision to bump pay for some workers, even as hundreds of protesters outside called …

    McDonald's CEO Outlines 'Global Turnaround'

    NEW YORK, N.Y. - McDonald's CEO Steve Easterbrook said Thursday he was "incredibly proud" of a recent decision to bump pay for some workers, even as hundreds of protesters outside called on the ...