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Barneys jumps on online fashion for less trend
NEW YORK — Shopping online for high fashion at low prices is a popular activity for fashionistas, and now one of the more iconic brands has jumped on the trend. Style seekers who can't make it to New York City to shop Barneys New York's famous warehouse sale will soon have a new way to get their fashion fix.
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Sears Canada lays off 700 employees
New York -- Sears Canada is letting go of 700 workers as part of a plan to "right-size" the operation.
The lay-offs will include 360 department store associates and about 300 distribution center workers, as well as some head office personnel.
Sears Canada, majority-owned by Sears Holdings Corp., has falling sales. It is also facing major competition by Wal-Mart Stores and Target, which is set to make its Canadian debut this spring.