Tag Archives: Retail

Shoppers Find Deals at Sears Canada Liquidation Sales Underwhelming

Shoppers Find Deals at Sears Canada Liquidation Sales Underwhelming

By Armina Ligaya and Maija Kappler, The Canadian Press

Sears
Shoppers enter and leave a Sears retail store in Toronto on Thursday, October 19, 2017. The company begins its liquidation sales at its stores across the country as it prepares to shut its doors for good after 65 years. (THE CANADIAN PRESS/Nathan Denette)

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.

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Loblaw Companies Lays Off 500 Office Workers in Cost-Cutting Drive

Loblaw Companies Lays Off 500 Office Workers in Cost-Cutting Drive

By Aleksandra Sagan, The Canadian Press

Loblaws
A Loblaws store is seen Monday, March 9, 2015 in Montreal. (THE CANADIAN PRESS/Ryan Remiorz)

VANCOUVER – Loblaw Companies Ltd. is laying off 500 of its office workers, but the company says it still expects to create more jobs than it eliminates this year.

“Today is a very difficult day,” wrote president Sarah Davis in a memo to employees informing them about the job cuts.

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Feds Ditch Memo Calling for Controversial Employee-Discount Tax, Pending Review

Feds Ditch Memo Calling for Controversial Employee-Discount Tax, Pending Review

By Andy Blatchford, The Canadian Press

Walmart
(THE CANADIAN PRESS/AP/Danny Johnston)

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.

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Sears Canada Seeking Court Approval to Close All Canadian Stores

Sears Canada Seeking Court Approval to Close All Canadian Stores

Sears
A Sears Canada outlet is seen Tuesday, June 13, 2017 in Saint-Eustache, Que. Sears Canada Inc. is applying for court approval to liquidate all of its remaining stores and assets after failing to find a buyer that would allow it to continue as a going concern. (THE CANADIAN PRESS/Ryan Remiorz)

Sears Canada will ask a court on Friday to let it liquidate all of its remaining Canadian stores.

The retailer has been operating under the Companies’ Creditors Arrangement Act since June.

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How Retail Giants Seized on Pop-Ups to Woo Millennials, Test Expansion Plans

How Retail Giants Seized on Pop-Ups to Woo Millennials, Test Expansion Plans

By Aleksandra Sagan, The Canadian Press

Yorkdale Mall
Canadian themed dolls are shown at the Maplelea pop-up shop store at Yorkdale Mall in Toronto on January 11, 2017. While the pop-up shop may have started as a way for online retailers to stage a lower-risk experiment with a physical presence, the temporary storefront has morphed into a marketing tool for established brands, often ones that already boast multiple locations. (THE CANADIAN PRESS/Nathan Denette)

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.

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Coal and Canary Opening Retail Shop at The Forks

Coal and Canary Opening Retail Shop at The Forks

Coal and Canary
Coal and Canary’s Amanda Buhse (right) and co-owner Tom Jansen (FACEBOOK)

After a trial run of storefront retail in the Exchange District, Winnipeg candle company Coal and Canary is setting up shop at The Forks.

Co-owner Amanda Buhse says the CentreVenture PUSH Program gave the company a chance to test the bricks and mortar concept.

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Sears Plans to Shutter Polo Park Store

Sears Plans to Shutter Polo Park Store

Sears
A Sears Canada outlet is seen Tuesday, June 13, 2017 in Saint-Eustache, Quebec. (THE CANADIAN PRESS/Ryan Remiorz)

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.

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Luxury Designer Versace Releases Vancouver Canucks Hockey Logo Look-Alike

Luxury Designer Versace Releases Vancouver Canucks Hockey Logo Look-Alike

By The Canadian Press

Vancouver Canucks - Versace
A Versace sweatshirt available for sale on the website mytheresa.com is shown in a handout photo. (THE CANADIAN PRESS/HO-mytheresa.com)

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.

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Thousands Line Up in Halifax as Ikea Opens First of 12 New Canadian Stores

Thousands Line Up in Halifax as Ikea Opens First of 12 New Canadian Stores

By Michael Tutton, The Canadian Press

IKEA
Eager shoppers prepare to camp out overnight at the new IKEA store in Dartmouth, N.S. on Tuesday evening, Sept. 26, 2017. The popular Swedish furniture chain’s new Halifax-area location is set to open Wednesday morning. (THE CANADIAN PRESS/Andrew Vaughan)

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.

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