Content about Economy of Canada

May 2, 2013
Canadian Tire Corp. opens cloud-computing center and digital hub

Canadian Tire Corp. announced that it will open the 'Canadian Tire Cloud Computing Centre' in Winnipeg, Manitoba, in the fall of 2013.

April 22, 2013
Canada’s Holt Renfrew expanding and remodeling chain

Holt Renfrew will open a flagship store in spring 2016 at Square One Shopping Centre in Mississauga.

March 26, 2013
Kleinfeld Bridal to open in Hudson’s Bay flagship in Toronto

Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014.

March 22, 2013
Canadian Tire opens a digital lab

Canadian Tire has opened a digital development lab in Communitech, a start-up incubator that is home to some 100 startups and small businesses along with such “strategics” partner companies as Google Inc. and Intel Corp.

January 28, 2013
Walmart launches online destination profiling green innovations, pioneers

Mother Nature Network and Walmart are teaming up to launch an online destination (mnn.com/leaderboard) that profiles the biggest innovations in sustainability – and the pioneers who are creating them.

January 25, 2013
Know Your Boundaries: Don't Treat Canada Like a 51st State

By Bradley W. Snyder, Tiger Capital Group

January 23, 2013
Safeway rises on speculation of buyout interest

Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.

January 22, 2013
Walmart announces $450 million expansion in Canada

Walmart updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014).

December 10, 2012
Couche-Tard acquires 29 stores in Illinois, Missouri and Oklahoma

Alimentation Couche-Tard Inc. announced that it has signed, through its wholly owned indirect subsidiary, Mac's Convenience Stores LLC, an agreement to acquire 29 stores, 25 stores are located in Illinois, three in Missouri and one in Oklahoma.

December 7, 2012
Loblaw Cos. to spin off real estate into REIT

Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust.

December 7, 2012
Walmart Canada opens 200th supercenter

Walmart Canada opened its 200th supercenter, in Edmonton, Alberta.

December 4, 2012
Staples survey: Shoppers delay holiday mailing until last minute

A survey by Staples of 1,000 American shoppers revealed that the majority tend to wait until the last minute to mail holiday gifts.

November 27, 2012
Target holiday tour across Canada heralds planned store openings

Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the retailer said Tuesday.

November 26, 2012
Walmart U.S. reports ‘best-ever Black Friday events’

Walmart U.S. reported that its Black Friday events were its “best ever,” and followed on the heels of what U.S. president and CEO Bill Simon described as an “impressive Thursday,” on which 22 million customers shopped U.S. Walmart stores.

November 26, 2012
Walmart workers protest, make no dent in Black Friday sales

As holiday shoppers prepared to battle crowds on Thanksgiving weekend, Wal-Mart workers and supports geared up to protest at stores nationwide, openly criticizing the retailers’ wages, benefits and treatment of employees.

November 21, 2012
NLRB not likely to act on Wal-Mart protests by holiday

The National Labor Relations Board Federal was not expected to decide before Thursday on whether to seek an injunction on behalf of Wal-Mart Stores Inc. to stop a union-backed group from encouraging employee walk-outs that are expected to culminate Friday and include protests and rallies outside its stores.

October 29, 2012
Holt Renfrew launches Canadian discount chain

Canadian luxury fashion retailer Holt Renfrew & Co. said it will launch a new discount chain called hr2, with a first store in March in Quebec, followed by planned locations across the country by 2015.

October 22, 2012
Walmart Supercenter opens after eight years in the making

New York City-based Brixmor Property Group said Walmart Supercenter at Liberty Plaza, in Randallstown (Baltimore), Md., grand-opened on Oct. 17 in 160,908 sq. ft.

October 10, 2012
Walmart Canada to grand-open 30 stores in October

Walmart Canada said it will complete 30 real estate projects by the end of October, including two supercenter conversions and 28 new stores totaling 2.4 million sq. ft. of retail space.

October 5, 2012
Canada’s The Brick Group taps TD Financing Services for private label credit card program

The Brick Group, one of Canada’s largest volume retailers of home furnishings, bedding, appliances, and home electronics under one roof, has selected TD Financing Services Inc., a wholly owned subsidiary of The Toronto-Dominion Bank and an affiliate of Mahwah, N.J.-based TD Retail Card Services, to administer its private label credit program.

October 2, 2012
Walmart launches prepaid card reload program

Wal-Mart Stores said that it is launching a new service called Rapid Reload, which allows customers to load money onto prepaid cards.

September 18, 2012
Top 10 Must-See Stores … Fall Edition

The folks at Echochamber.com, a London-based consultancy, have a knack for rooting out hot retail concepts around the globe. Here’s a recap of the retailers who make up their latest “Top 10 Unmissable New Stores” report:

September 12, 2012
Nordstrom set to announce expansion into Canada

Nordstrom will announce on Thursday that it will open its first four stores in Canada by 2015, according to the Globe and Mail.

August 15, 2012
Spotlight on J.C. Penney

All eyes are on J.C. Penney Co. as it rolls out the first wave of its branded shops to nearly 700 stores nationwide. 

May 2, 2012
Loblaw Q1 profit falls 22%

Canadian grocery chain Loblaw Cos. reported that net income for the first quarter plummeted 22% to $128 million, compared with $156 million in the year-ago period.

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