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Sears Canada banks on a new category to boost sales
To inject new life into its struggling chain, Sears Canada is hopes its newest venture will lure in shoppers — especially foodies. A new partnership with two specialty supermarket operators is enabling Sears Canada to run high-end markets at dedicated locations. The chain is banking on grocery shoppers’ frequent store visits to bolster store visits, Canadian Grocer reported. -
Retail sales inch up in November
The start of the holiday shopping season did not bring with it a big jump in retail sales. Retail sales, excluding automobiles, gasoline stations and restaurants, increased 0.1% in November, according to the National Retail Federation, less than many analysts had expected.