Brands + Retail

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  • A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto
    Ottawa businesses importing from U.S. suffer from weak loonie

    The weak Canadian dollar is hurting local businesses that import from the U.S., forcing prices to go up in some stores. Modern furniture store EQ3 sent out a notice to shoppers earlier this month that …

    A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto

    The weak Canadian dollar is hurting local businesses that import from the U.S., forcing prices to go up in some stores. Modern furniture store EQ3 sent out a notice to shoppers earlier this month that the price of American-made Herman Miller furniture would rise by 25 per cent as a direct result of the weak Canadian dollar. …

  • A RadioShack store is pictured in the Manhattan borough of New York
    Lender says will make 'significant' new bid for RadioShack

    A lender to bankrupt RadioShack Corp (:RSHCQ.PK) told a U.S. judge on Friday it was prepared to present a new offer that was a "significant improvement" over a rival proposal that was selected as a winning …

    A RadioShack store is pictured in the Manhattan borough of New York

    A lender to bankrupt RadioShack Corp (:RSHCQ.PK) told a U.S. judge on Friday it was prepared to present a new offer that was a "significant improvement" over a rival proposal that was selected as a winning bidder at an auction this week. Clark's announcement came at the end of two days of hearings to consider the sale …

  • A shopper browses in an IKEA store in Wembley, north London
    IKEA gets first order for flat-pack refugee shelters

    Sweden's IKEA has received its first order for temporary flat-pack refugee shelters and expects to double or triple production in the coming three years, it said on Friday. After developing the shelters …

    A shopper browses in an IKEA store in Wembley, north London

    Sweden's IKEA has received its first order for temporary flat-pack refugee shelters and expects to double or triple production in the coming three years, it said on Friday. After developing the shelters together with the IKEA Foundation's social enterprise Better Shelter, the United Nations Refugee Agency (UNHCR) has signed …

  • Swatch CEO optimistic on 2015 sales, shares jump

    ZURICH (Reuters) - Swatch Group (UHR.VX) will hit the upper end of its sales-growth target range of 5-10 percent in 2015 as demand in its stable of brands such as Tissot and Omega advanced more quickly …

    SWATCH OPTIMISTE POUR SES VENTES EN 2015

    ZURICH (Reuters) - Swatch Group (UHR.VX) will hit the upper end of its sales-growth target range of 5-10 percent in 2015 as demand in its stable of brands such as Tissot and Omega advanced more quickly ...

  • Ricki's, Bootlegger, Cleo fashion stores downsizing under court protection

    The company behind Ricki's, Bootlegger and Cleo plans to close stores and cut jobs as part of a restructuring after obtaining court protection from creditors Thursday.

    The company behind Ricki's, Bootlegger and Cleo plans to close stores and cut jobs as part of a restructuring after obtaining court protection from creditors Thursday.

  • Loblaw's Joe Fresh clothing business and Aldo Group to produce line of footwear

    TORONTO - Loblaw Co. (TSX:L) says its Joe Fresh brand is expanding its shoe business.

    People walk by a Loblaw Companies Limited grocery store with a Joe Fresh clothing store inside, in Toronto

    TORONTO - Loblaw Co. (TSX:L) says its Joe Fresh brand is expanding its shoe business.

  • This stock is a wolf in sheep's clothing: Trader

    Despite Yelp's sharp fall, don't be tempted to buy, Cowen's David Seaburg warns.

    This stock is a wolf in sheep's clothing: Trader

    Despite Yelp's sharp fall, don't be tempted to buy, Cowen's David Seaburg warns.

  • Best Buy warns of profit hit as it consolidates Canadian stores

    By Nandita Bose CHICAGO (Reuters) - Best Buy Co Inc plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer's second-largest market, in a move that will hurt …

    The sign outside a Best Buy store is seen on a snowy day in Boulder, Colorado

    By Nandita Bose CHICAGO (Reuters) - Best Buy Co Inc plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer's second-largest market, in a move that will hurt earnings this year, the company said on Saturday. The retailer said it will close 66 of its Future Shop brand stores …

  • Men are going nuts over Lululemon's 'ABC' pants

    Lululemon CEO Laurent Potdevintold investors during a call Thursday that this innovative garment was a driving force behind the 16 per cent same-store sales increase the company experienced last quart …

    'Anti-Ball Crushing' Pants Are Putting Lululemon on the Menswear Map

    Lululemon CEO Laurent Potdevintold investors during a call Thursday that this innovative garment was a driving force behind the 16 per cent same-store sales increase the company experienced last quarter.

  • Increased Retail Sales Trade Data – Positive for Restaurant Stocks

    Two indices that track same-store sales in the US are the ICSC-Goldman Store Sales Index and the Johnson Redbook Retail Sales Index.

    Two indices that track same-store sales in the US are the ICSC-Goldman Store Sales Index and the Johnson Redbook Retail Sales Index.

  • Subdued Retail Sales Could Hurt Consumer Stocks

    The last three months have seen subdued retail sales despite lower oil prices.

    The last three months have seen subdued retail sales despite lower oil prices.

  • Former American Apparel CEO Charney seeking $40 million in damages

    Charney was fired in December, six months after he was suspended for allegedly misusing company funds and for allowing the posting on the Internet of nude photos of a former female employee who had accused …

    American Apparel owner Dov Charney speaks during a May Day rally protest march for immigrant rights, in downtown Los Angeles

    Charney was fired in December, six months after he was suspended for allegedly misusing company funds and for allowing the posting on the Internet of nude photos of a former female employee who had accused him of sexual harassment. "There will be other lawsuits we will be filing against the company, which they are aware …

  • Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes

    (Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could …

    A just-delivered Amazon box is seen on a counter in Golden, Colorado

    (Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear …

  • Amazon in talks to buy online luxury retailer Net-a-Porter: report

    (Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall …

    Two freshly delivered Amazon boxes are seen on a counter in Golden, Colorado

    (Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear …

  • Lululemon strikes a new pose: Full-figured tanks

    It looks like Lululemon has learned a lesson from its past controversies, and is working to develop merchandise to fit a fuller-figured customer.

    Lululemon strikes a new pose: Full-figured tanks

    It looks like Lululemon has learned a lesson from its past controversies, and is working to develop merchandise to fit a fuller-figured customer.

  • Retail Trade Indicators Reflect Dunkin’ Brands Channel Development

    Food services and drinking places—including restaurants—and grocery store sales data are two sub components of the retail trade data.

    Food services and drinking places—including restaurants—and grocery store sales data are two sub components of the retail trade data.