Brands + Retail

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  • Anti-spam legislation means small business must scramble
    Canadian small-business investment shows shift in economy: PayNet

    Small-business investment increased in most parts of Canada in the first quarter, with the exception of two of the country's most oil-sensitive provinces, as firms adjusted to the fallout of lower crude …

    Anti-spam legislation means small business must scramble

    Small-business investment increased in most parts of Canada in the first quarter, with the exception of two of the country's most oil-sensitive provinces, as firms adjusted to the fallout of lower crude prices, data from PayNet showed on Thursday.

  • Loblaws drops demand workers pay back thousands of dollars in overpayments
    Loblaws demands workers pay back thousands after payment error

    Employees at Your Independent Grocer store in Surrey, B.C., are reeling after being told they owe tens of thousands of dollars in mistaken overpayments.

    Loblaws drops demand workers pay back thousands of dollars in overpayments

    Employees at Your Independent Grocer store in Surrey, B.C., are reeling after being told they owe tens of thousands of dollars in mistaken overpayments.

  • A Gap retail store is shown in San Francisco
    Gap to close 175 stores, cut jobs at headquarters

    Apparel retailer Gap Inc said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company …

    A Gap retail store is shown in San Francisco

    Apparel retailer Gap Inc said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake brand.

  • Hudson's Bay Co. acquires Germany's Galeria Kaufhof chain for $3.9 billion

    The Hudson's Bay Co. (TSX:HBC.TO - News) has reached an agreement with German based Metro Group to buy its Galeria Kaufhof department store chain and Belgian subsidiary Inno for $3.9 billion, including …

    People walk into the Hudson's Bay Company (HBC) flagship department store in Toronto

    The Hudson's Bay Co. (TSX:HBC.TO - News) has reached an agreement with German based Metro Group to buy its Galeria Kaufhof department store chain and Belgian subsidiary Inno for $3.9 billion, including the assumption of certain liabilities.

  • If the shoe fits: Amazon chases fashion with Canadian clothing, shoes section

    Amazon.ca wants shoppers to say "Yes" to the dress, along with the shoes and the jacket.

    If the shoe fits: Amazon chases fashion with Canadian clothing, shoes section

    Amazon.ca wants shoppers to say "Yes" to the dress, along with the shoes and the jacket.

  • Target announces share buyback, dividend boost after disclosure snafu

    Target Corp said it would double its share buyback program to $10 billion and boost its quarterly dividend by 7.7 percent, confirming the contents of a statement it published inadvertently and …

    A shopper leaves a Target store after Target announced that 3,100 positions would be eliminated, in St Louis Park, Minnesota

    Target Corp said it would double its share buyback program to $10 billion and boost its quarterly dividend by 7.7 percent, confirming the contents of a statement it published inadvertently and took off its website earlier on Tuesday.

  • Sears Canada CEO quits amid turnaround to join Barnes & Noble

    (Reuters) - Sears Canada Inc Chief Executive Ronald Boire will leave the Canadian retailer in the midst of a turnaround to take over the top job at struggling U.S. bookstore chain Barnes & Noble Inc . …

    A Barnes & Noble book store is seen in Encinitas, California

    (Reuters) - Sears Canada Inc Chief Executive Ronald Boire will leave the Canadian retailer in the midst of a turnaround to take over the top job at struggling U.S. bookstore chain Barnes & Noble Inc . Sears Canada will now lose its second CEO since September as the company tries to reverse a trend of six straight years …

  • Retail investors: What to watch in the second half

    After contending with port strikes, a long winter and the impact of a stronger dollar, retailers are hoping to move past the noise in the second half.

    Retail investors: What to watch in the second half

    After contending with port strikes, a long winter and the impact of a stronger dollar, retailers are hoping to move past the noise in the second half.

  • Japan May retail sales, factory output paint mixed picture

    Japan's economy offered a mixed reading Monday, with retail sales for May beating expectations while industrial production disappointed.

    Japan May retail sales, factory output paint mixed picture

    Japan's economy offered a mixed reading Monday, with retail sales for May beating expectations while industrial production disappointed.

  • IKEA Tests the Small-Store Format in Select Markets

    Earlier this year, privately-held big box furnishing chain IKEA announced that it may open small-format stores in Canada. These will be a place for customers to pick up online orders.

    Earlier this year, privately-held big box furnishing chain IKEA announced that it may open small-format stores in Canada. These will be a place for customers to pick up online orders.

  • ECB Stimulus Benefits Germany and Retail Sales Rise: EWG Up 0.41%

    On June 26, the German Federal Statistical Office came out with yet another positive reading in retail sales data. In Germany, retail sales rose by 1.7% in April.

    On June 26, the German Federal Statistical Office came out with yet another positive reading in retail sales data. In Germany, retail sales rose by 1.7% in April.

  • Let the games begin: Retail places holiday wagers

    Retailers are peering into their crystal balls to get a sense of what's to come during the winter holidays.

    Let the games begin: Retail places holiday wagers

    Retailers are peering into their crystal balls to get a sense of what's to come during the winter holidays.

  • US Retail Sales Jump 1.2% in May: What’s the Impact on Gold?

    Increasing US retail sales are positive for the economy and favorable for a rate hike by the Fed, which in turn would be negative for non-income–yielding gold.

    Increasing US retail sales are positive for the economy and favorable for a rate hike by the Fed, which in turn would be negative for non-income–yielding gold.

  • Restoration Hardware’s New Luxury Retail Mantra: Bigger Is Better

    On its 1Q16 earnings call, Restoration Hardware unveiled RH Modern, a new luxury retail concept store. It will be six to eight times the size of its other stores.

    On its 1Q16 earnings call, Restoration Hardware unveiled RH Modern, a new luxury retail concept store. It will be six to eight times the size of its other stores.

  • Restaurant Indicator: Redbook Retail Sales Index Declines

    Although Redbook doesn't include restaurant sales, investors can look at this indicator and get a sense of where the economy is headed from a retail sales perspective.

    Although Redbook doesn't include restaurant sales, investors can look at this indicator and get a sense of where the economy is headed from a retail sales perspective.

  • McDonald's Quarter Pounder getting bigger (really!)

    Beefier is better. Or at least that is fast food giant McDonald's bet as it tries to increase burger sales.

    McDonald's Quarter Pounder getting bigger (really!)

    Beefier is better. Or at least that is fast food giant McDonald's bet as it tries to increase burger sales.

  • China, retail take spotlight in trades to go

    The "Halftime Report" traders give their trades for the second half.

    Traders eye financials on market dip

    The "Halftime Report" traders give their trades for the second half.

  • Citigroup combines retail banking and mortgage operations

    Citigroup Inc will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for a veteran of the bank's Asian …

    Larsen poses next to the newly launched Citibank Express machine in Singapore

    Citigroup Inc will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for a veteran of the bank's Asian franchise this year. The U.S. bank's Asia Pacific chief Stephen Bird in April became the global head of Citi's consumer …

  • Lululemon recalls draw cords on women's top due to injury risk

    By Solarina Ho TORONTO (Reuters) - Lululemon Athletica Inc , which was hit by a high-profile recall of overly sheer yoga pants in 2013, is recalling the drawstrings on more than 300,000 women's tops due …

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

    By Solarina Ho TORONTO (Reuters) - Lululemon Athletica Inc , which was hit by a high-profile recall of overly sheer yoga pants in 2013, is recalling the drawstrings on more than 300,000 women's tops due to the risk of injury, but said the financial impact was not material. The U.S. Consumer Product Safety Commission and …

  • McDonald's CEO: We're challenged right now but...

    As McDonald's fights to turn around its business, one metric is showing signs of improvement.

    McDonald's CEO: We're challenged right now but...

    As McDonald's fights to turn around its business, one metric is showing signs of improvement.