Content about Canada

May 2, 2013
Canadian Tire Corp. opens cloud-computing center and digital hub

Canadian Tire Corp. announced that it will open the 'Canadian Tire Cloud Computing Centre' in Winnipeg, Manitoba, in the fall of 2013.

Toronto -- Canadian Tire Corp. announced that it will open the 'Canadian Tire Cloud Computing Centre' in Winnipeg, Manitoba, in the fall of 2013. The 28,000-sq.-ft. site will house a digital content warehouse, application lab, testing lab and high performance data centre. It will serve as the core digital hub for the Canadian Tire Family of Companies.

April 25, 2013
Cabela’s announces plans for two new locations

Cabela’s Inc. announced plans to open two new locations, with one in Tualatin, Ore., and the other in the north Edmonton, Alberta, Canada, area.

Sidney, Neb. -- Cabela’s Inc. announced plans to open two new locations, with one in Tualatin, Ore., and the other in the north Edmonton, Alberta, Canada, area.
 
Construction is scheduled to begin this summer on the Canadian outpost, with a spring 2014 opening planned. The 50,000-sq.-ft. store will be located in the Manning Town Centre in north Edmonto.
 

April 1, 2013
Aaron's plans 125 stores and 750 retail jobs for 2013

Rental chain Aaron's announced at its 2013 National Managers Meeting in Nashville that the company plans to open 125 stores in 2013 and hire 750 new employees.

Atlanta -- Rental chain Aaron's announced at its 2013 National Managers Meeting in Nashville that the company plans to open 125 stores in 2013 and hire 750 new employees.

Aarons added 950 new jobs across the U.S. and Canada last year.

March 28, 2013
Destination Maternity superstore format in Canadian debut

Destination Maternity Corp. opened the first Destination Maternity superstore location in Canada.

Philadelphia -- Destination Maternity Corp. on Thursday opened the first Destination Maternity superstore location in Canada. The 5,000-sq.-ft. store is in Langley, a suburb of Vancouver, B.C.

March 26, 2013
Kleinfeld Bridal to open in Hudson’s Bay flagship in Toronto

Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014.

New York -- Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014. The Hudson’s Bay Company has exclusive rights to the brand in Canada.

March 26, 2013
Kleinfeld Bridal to open in Hudson’s Bay flagship in Toronto

Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014.

New York -- Kleinfeld Bridal, the iconic New York bridal retailer and star of the hit reality show “Say Yes to the Dress,” will open a 20,000-sq.-ft. salon in Hudson’s Bay’s flagship location in downtown Toronto in early 2014. The Hudson’s Bay Company has exclusive rights to the brand in Canada.

March 22, 2013
Canadian Tire opens a digital lab

Canadian Tire has opened a digital development lab in Communitech, a start-up incubator that is home to some 100 startups and small businesses along with such “strategics” partner companies as Google Inc. and Intel Corp.

Toronto -- Canadian Tire has opened a digital development lab in Communitech, a start-up incubator that is home to some 100 startups and small businesses along with such “strategics” partner companies as Google Inc. and Intel Corp.
 
Communitech supports tech companies at all stages of their growth and development in the commercialization of innovative technologies.

March 18, 2013
Target’s Canadian rollout ramps up

Target Corp. said that it will open 17 southwestern Ontario, Canada store on March 19 and another four on March 28, on the heels of three successful pilot-store launches in the area.

Minneapolis -- Target Corp. said Monday that it will open 17 southwestern Ontario, Canada store on March 19 and another four on March 28, on the heels of three successful pilot-store launches in the area.

The added slate of openings, said Target, will allow the retailer more opportunity to volume-test in advance of April grand opening dates.

February 27, 2013
Target Q4 slips but tops Street; will open 124 stores in Canada by yearend

Target Corp. reported a profit of $961 million for the fourth quarter, down from $981 million in the year-ago period.

Minneapolis -- Target Corp. reported Wednesday a profit of $961 million for the fourth quarter, down from $981 million in the year-ago period. The profit slip reflected expenses related to its Canadian market entry along with a spending slowdown during the holiday period. It was Target's weakest holiday season performance since 2008. But its adjusted results beat analysts' estimates and it forecast first-quarter earnings above Wall Street's view.

February 20, 2013
Sport Clips to make Canadian debut; plans 200 stores in 10 years

Sport Clips Haircuts announced that it will open its first store in Canada on March 1.

Georgetown, Texas -- Sport Clips Haircuts announced Wednesday that it will open its first store in Canada on March 1.

The Burlington, Ontario, franchised location is the first of three planned for the city by master franchisor Sport Clips Canada.
 
In addition to Burlington, Sport Clips Canada currently has 26 stores under contract to open throughout Ontario and British Columbia. Sport Clips Canada said it plans to open 50 stores within the next three years, 100 stores in five years and 200 stores in 10 years.

 

February 19, 2013
Retail Store of the Year: And the winners are…

Simons, Canada’s eclectic and fashion-forward department store retailer, received top honors in Chain Store Age’s 31st annual Retail Store of the Year design competition.

New York -- Simons, Canada’s eclectic and fashion-forward department store retailer, received top honors in Chain Store Age’s 31st annual Retail Store of the Year design competition. The company’s 118,000-sq.-ft. store in West Edmonton Mall, Edmonton, Canada, was named Store of the Year. Designed by figure3, Toronto, Simons also was the winning entry in the department store category.

February 1, 2013
Walgreens promotes Magnacca to EVP

Walgreens promoted Joseph Magnacca to EVP from SVP, effective immediately.

Deerfield, Ill. — Walgreens on Friday promoted Joseph Magnacca to EVP from SVP, effective immediately. Magnacca also retains his title as president of daily living products and solutions.

January 30, 2013
Most Canadian retailers ready for penny phase-out

Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said.

Toronto -- Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

The Retail Council of Canada said the majority of the country's retail businesses were prepared for the disappearance of the penny and will follow the government's proposals for determining prices.

January 25, 2013
Know Your Boundaries: Don't Treat Canada Like a 51st State

By Bradley W. Snyder, Tiger Capital Group

By Bradley W. Snyder, bsnyder@tigergroupllc.com

January 25, 2013
Know Your Boundaries: Don't Treat Canada Like a 51st State

By Bradley W. Snyder, Tiger Capital Group

By Bradley W. Snyder, bsnyder@tigergroupllc.com

January 10, 2013
Destination Maternity opens first Canada location

Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.

Philadelphia -- Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.

The store will debut its A Pea in the Pod brand in Canada.

December 7, 2012
Loblaw Cos. to spin off real estate into REIT

Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust.

New York -- Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust. The retailer said it plans to spin off real estate worth more than C$7 billion ($7.05 billion) into the REIT and sell units of the trust through an initial public offering that it hopes to complete by mid-2013.

December 7, 2012
Loblaw Cos. to spin off real estate into REIT

Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust.

New York -- Canada’s Loblaw Cos. Ltd. plans to spin off the vast majority of its property assets into a real estate investment trust. The retailer said it plans to spin off real estate worth more than C$7 billion ($7.05 billion) into the REIT and sell units of the trust through an initial public offering that it hopes to complete by mid-2013.

November 27, 2012
Target holiday tour across Canada heralds planned store openings

Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the retailer said Tuesday.

Mississauga, Ontario -- Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the retailer said Tuesday.

The tour will start in Halifax, Nova Scotia, and conclude in British Columbia in the middle of December. Target plans to open 124 stores in Canada starting in March and April 2013.

November 27, 2012
Target holiday tour across Canada heralds planned store openings

Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the retailer said Tuesday.

Mississauga, Ontario -- Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the retailer said Tuesday.

The tour will start in Halifax, Nova Scotia, and conclude in British Columbia in the middle of December. Target plans to open 124 stores in Canada starting in March and April 2013.

November 21, 2012
Toys ‘R’ Us strengthens global e-commerce capabilities

Toys “R” Us announced it has strengthened its global e-commerce capabilities with the launch of a dedicated web store in China.

Wayne, N.J. – Toys “R” Us announced it has strengthened its global e-commerce capabilities with the launch of a dedicated web store in China. The company also announced the development of mobile-optimized sites and apps in 11 markets around the world, including Australia, Canada, France, Germany, Japan, Spain, and the U.K. In the coming months, the retailer will introduce the same capabilities in Portugal, Austria and Switzerland, as well as the Netherlands, where it does not currently have a store presence.
 

November 2, 2012
Williams-Sonoma makes Quebec debut with new store design

Williams-Sonoma said that it will open its first store in Quebec — and its eighth in Canada — which will showcase a new design for the brand.

San Francisco — Williams-Sonoma said Friday that it will open its first store in Quebec — and its eighth in Canada — which will showcase a new design for the brand.

Opening on Saturday at Carrefour Laval in Laval, Quebec, the new store incorporates added interactive features, a new layout and several terminals where customers can complete purchases throughout the store.

October 24, 2012
Four Questions to Determine if Your International Expansion Strategy is on Target

By Alex Evans and Andrew Rees, L.E.K. Consulting

By Alex Evans and Andrew Rees, consumerproducts@lek.com

October 24, 2012
The Body Shop launches eGift card program from CashStar

The Body Shop launched a new earth-friendly eGift Card service powered by CashStar, a digital gifting and incentives company.

PORTLAND, Maine -- The Body Shop launched a new earth-friendly eGift Card service powered by CashStar, a digital gifting and incentives company. Customers can now  purchase and send personalized eGift Cards to family and friends for redemption online or at any of the thousands of The Body Shop stores across the United States and Canada.
 

October 18, 2012
Hudson's Bay files prospectus for IPO

Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares.

New York -- Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares. The company, which has been owned by NRDC Equity Partners since 2008, operates U.S. department store chain Lord & Taylor, along with The Bay and Home Outfitters chains in Canada.