By Armina Ligaya and Maija Kappler, The Canadian Press
TORONTO – Sears Canada began its liquidation sales at its remaining stores across the country Thursday, but many shoppers found the deals to be underwhelming.
While signs suggested discounts of 20 to 50 per cent off — with a note that exceptions apply — relatively few items at a Toronto store appeared to be offered at half off. Some big ticket items such as snowblowers and treadmills were only 10 per cent off.
OTTAWA – The federal government has instructed the Canada Revenue Agency to remove a controversial tax policy interpretation that would have seen employees taxed for discounts they get at work.
To calm a growing controversy, National Revenue Minister Diane Lebouthillier directed the CRA on Wednesday to remove from its website the new wording at the heart of the debate — at least until the change has been reviewed.
WINNIPEG — Kildonan Place has won a gold marketing award for a touch-screen kiosk called Happybot.
The International Council of Shopping Centers recognized the mall in the digital campaign/emergency technology category for the easy-to-use kiosk that offers customers coupons, perks, discounts and giveaways.
VANCOUVER – To drum up excitement around the launch of a credit card targeting the oft-pursued millennial demographic, American Express Canada tapped several star chefs last month to serve Instagram-worthy plates at a restaurant in Toronto that would launch and shutter within a week.
Before Japanese clothing retailer Uniqlo opened its first Vancouver location this month, it ran a shop with a twist for one day. The location was stocked with flannel shirts, but employees asked Canadians to choose between leaving with a free one or gifting it to a newcomer.
Sears Canada plans to close another 10 stores across the country, including the location at Polo Park Shopping Centre in Winnipeg.
In a release Friday night, the retailer announced it “has entered into a number of lease surrender agreements and a lease amending agreement that will result in the exit” of a certain number of stores.
VANCOUVER – Fans of the Vancouver Canucks may be in for a surprise the next time they find themselves browsing the aisles of the high-end fashion world.
Italian luxury designer Versace has released a sweatshirt with a symbol bearing a striking resemblance to the NHL hockey team’s so-called Flying Skate logo, which players wore from the late 1970s to the late 1990s.
HALIFAX – Several thousand people lined up early Wednesday to enter Ikea Halifax, as the firm launched the first of its 12 openings across Canada amidst circus performers, political speeches and a Swedish flag raising.
Hundreds had secured places at the front of a line that wound around the store in the Dartmouth Crossing retail district, while the shop’s 1,100-car parking lot was nearly full as people stood wrapped in blankets in a cool Nova Scotia mist.