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    Recent Posts

    Recent Articles

    Target announces Starbucks as coffee retailer for Canadian stores (Starbucks Newsroom)

    Loblaws launching loyalty program to coincide with Target entry (Globe and Mail)

    Zellers reviews options for outlets ‘left behind’ (Globe and Mail)

    Canadian malls are the Target of expansion(Montreal Gazette)

    Sobeys and Target: a winning combination (Financial Post)

    Target’s rejected sites in high demand by rival retailers (Globe & Mail)

    Walmart, Canadian Tire in Target's crosshairs (Financial Post)

    What we can expect: Tony Fisher talks about Target Canada (Financial Post)

    Target’s Canadian foray hits cost hurdle (Globe & Mail)

    Announcement of which Zellers are to convert coming by end of May? CTV

    "Death of Canadian retail greatly exaggerated" Rona CEO (Financial Post

    Impact on Canadian Tire (Financial Post)

    Canadian Retail Industry Viewpoints (Profit Magazine)

    Sears

     

     Sears Canada Locations

    Tuesday
    Sep302014

    Sears store dealers denounce changes that leave them ‘doomed to financial ruin’

    David Halsey didn’t envision spending his retirement years working as a sales associate at Canadian Tire.

    But it’s where the former Sears Hometown store dealer has ended up after walking away from his unprofitable Lindsay, Ont. store a year and a half ago.

    “At 67 I’m working for $11 an hour,” Mr. Halsey chuckles.

    “You do what you have to do. We used all of our retirement savings and we sold our house, sold all of the trucks we had for deliveries. We had to get rid of everything and we took a loss on it, but we had no income.”

    To view full article, click here.

    Tuesday
    Sep302014

    Sears Canada CEO Douglas Campbell resigns after one year in the job

    TORONTO • Whether it was family reasons or displeasure with Sears Canada’s corporate parent that prompted the enterprise’s newest CEO Doug Campbell to walk away from the top job, his exit adds up to bad news for a company desperately seeking a buyer that may not materialize.

    Mr. Campbell is the second chief executive to leave the embattled department store chain in just over a year, and by all accounts, he was an equally competent one.

    To view full article, click here.

    Tuesday
    Aug052014

    Sycamore offers new hope for Sears Canada

    Sears Canada has a fighting chance to avoid liquidation — and it may rest with New York retail impresario Stefan Kaluzny.

    An auction of the struggling department-store chain has attracted the interest of Kaluzny’s Sycamore Partners, a prolific private-equity firm known for scooping up distressed store brands, The Post has learned.

    To view full article click here

    Wednesday
    May212014

    Sears Canada loss more than doubles while revenue, same-store sales drop

    One week after announcing Sears Holdings Corporation announced it was considering selling off its stake in Sears Canada, the Canadian segment announced that its first-quarter loss was $75.2 million, up from $31.2 million in 2013’s first quarter.

    To view full article, click here

    Friday
    Apr252014

    Sears Canada hoping to woo back customers

    Sears Canada chief executive officer Doug Campbell has some unhappy numbers to discuss at the annual general meeting scheduled for Thursday morning.

    Total revenue at the department store chain dropped to less than $4-billion in 2013, down from $4.3-billion the year before. Same-store-sales were down 2.7 per cent, according to the company’s 2013 annual report.

    To view full article, click here