Retail & Manufacturing

As China and the U.S. discover B.C. wines, vintners say exports must be a collaborative effort

B.C. companies such as Arc’teryx are already doing business in the far eastern country

Target Corporation (NYSE:TGT) announced its first quarter results May 21, and the beleaguered Target Canada segment has seen its operating loss increase 3.1% to $211 million this quarter from $205 million in the same period last year.

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