Canada news

09 October 2013
Costco reported a 6.0% increase in net sales for the fiscal year ended 1 September 2013 to $102.9bn, with comparable store sales up 6%.  Operating income rose by 10.7%, to  $3,053m, for the full fiscal year. Sales increased by 1.0% in the fourth quarter, although this was a 16 week quarter, versus 17 weeks in 2012, with comparable store sales up 5%. First outlets to open in Spain next yea...
26 September 2013
Loblaw has announced that company executives Grant Froese and Mark Butler have been appointed to the newly created roles of chief administrative officer and executive vice president, integration, respectively. Grant Froese tasked with building Loblaw’s competitiveness and efficiency Grant Froese assumes responsibility for Supply Chain, IT, and SAP implementation, as well as the division su...
18 September 2013
Canada Post is partnering with a number of retailers, including Walmart and Best Buy, to offer same-day delivery for online shopping in Toronto. Pilot project in Toronto Canada Post is trialling a same-day delivery service, “Delivered Tonight” in the Greater Toronto area, in order to test the potential demand for this service as it seeks to develop new revenue streams. Orders placed before 12...
12 September 2013
Canadian retailer Sobeys has launched a new brand positioning and tagline for its Sobeys banner stores, 'Better Food For All'. .style1 { text-align: center; }.style2 { text-align: right; font-size: xx-small; } Focusing on helping shoppers eat better and save money The new brand positioning is an integral part of the retailer’s recently announced partnership with Jamie Oliver. Sobeys is...
09 September 2013
Metro Canada has launched a new digital eco-system to advance its personalisation strategy. Investing for a more personalised relationship with its customers The launch of Metro’s new web and mobile platform, builds on the launch of personalised coupons last year and its ‘metro & moi’ rewards program in 2010. The retailer has spent the last 18 months in developing its new digital platforms ...
30 August 2013
Couche-Tard’s first quarter merchandise and service revenues increased by 16.4% year-on-year, driven by the acquisition of Statoil Fuel and Retail in Europe. Same-store merchandise and service revenues increased by 2.7% in the US, 1.9% in Europe and by 0.7% in Canada. Fresh foods initiative and new fuel brand driving growth in Europe Couche-Tard’s acquisition of Statoil Fuel and Retail has...
29 August 2013
Shoppers Drug Mart has opened an enhanced ‘beautyBoutique’ in Toronto as part of its goal to further differentiate its beauty offer. Leveraging consumer insights and future proofing The new 4,000 sq ft concept, located within one of its existing stores, showcases over 20 premium brands. The store features new fixtures, digital signage, enhanced fragrance and dermatology areas and a more luxu...
21 August 2013
Target’s second quarter sales increased by 4.0% to $17.1bn. This was driven by a 2.4% increase in the US , including a 1.2% increase in comparable store sales. The launch of its first stores in Canada contributed sales of $275m, which grew more slowly than expected. Emerging optimism balanced against near term challenges Although recent economic data, including encouraging job growth and ...
16 August 2013
Sobeys is to partner with leading chef and campaigner, Jamie Oliver, to “ educate, inspire and empower Canadians to eat better .” Expected to have an impact across marketing, new product development Starting later this year, Jamie Oliver will work with Sobeys to champion enhanced food knowledge, balanced nutrition, quality ingredients and cooking skills for Canadians. Over the coming month...
15 August 2013
Walmart's net sales increased by 2.4% in the second quarter, with sales in its US stores up 2.1% and up by 2.6% at Sam's Club. International sales were up 2.9%. Consolidated net income attributable to Walmart increased by 1.3%, behind the growth in net sales. In the US, comparable store sales, its key benchmark performance indicator, decreased by 0.3% excluding fuel. The results in brie...