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Retail & Manufacturing

Petcetera closing or selling all remaining stores

Petcetera closing or selling all remaining stores

Richmond’s Petcetera is closing or selling all of its remaining locations.
Manufacturing and exporting: Resurgence is welcome plot twist

Manufacturing and exporting: Resurgence is welcome plot twist

Return of television productions has helped revive the fortunes of the city's ailing studios
Manufacturing and exporting: Friendly help in foreign markets

Manufacturing and exporting: Friendly help in foreign markets

Government is a reliable resource for Canadian manufacturers that depend on exports
Manufacturing and exporting: B.C. reds, whites on the radar

Manufacturing and exporting: B.C. reds, whites on the radar

As China and the U.S. discover B.C. wines, vintners say exports must be a collaborative effort
Manufacturing and exporting: B.C. reaps benefits of free trade with South Korea

Manufacturing and exporting: B.C. reaps benefits of free trade with South Korea

B.C. companies such as Arc’teryx are already doing business in the far eastern country
Target Canada’s operating loss grows, sales-per-store down

Target Canada’s operating loss grows, sales-per-store down

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

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.
Target fires president of Canadian operations, Tony Fisher

Target fires president of Canadian operations, Tony Fisher

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.
Shrinking stores part of retail’s future: study

Shrinking stores part of retail’s future: study

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 considering selling its stake in Sears Canada, could lead to store closures

Sears considering selling its stake in Sears Canada, could lead to store closures

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.