Retail & Manufacturing

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.

Target (NYSE: TGT) is continuing its shake up at the top levels, firing the president of its Canadian operations one day before the retail giant reports its first-quarter financials.

Increasing ecommerce sales online and via mobile devices is prompting B.C. retailers to shrink store sizes and rethink how to manage their brick-and-mortar store networks, according to a retail study produced by both Deloitte and the Retail Council of Canada and released May 15.

Sears Holdings Corporation (NASDAQ:SHLD) is looking into the possibility of selling its interests in Sears Canada Inc. (TSX:SCC), it was announced May 14.

CFO, Golden Boy Foods Ltd.

Executive vice-president and CFO, Glentel Inc.

Sales of digital ebooks plateau after years of meteoric growth

Montreal women’s clothing retailer Boutique Jacob Inc., which operates 92 Jacob stores across Canada, is filing for bankruptcy and plans to liquidate its inventory.

The chairman and CEO of Target (NYSE: TGT) has been cut loose from the retail giant following last year’s revelation the company had fallen victim to a massive data breach.

Fields and Mr Mikes among franchises thriving in underserved communities