Canada news

14 January 2013
Japanese retailer Seven & i reports 5.3% growth in total Group sales to JPY 6.3 trillion in the nine months ending November 2012. Strong performances in convenience markets at home and abroad continue to be key growth drivers. Organic growth and acquisitions In the nine month period, Seven-Eleven Japan saw same store sales increase 1.6% year-on-year. Alongside 778 new store openings, thi...
09 January 2013
Target has announced a new pricing strategy which will see it price match leading online retailers including Amazon.com, Walmart.com, BestBuy.com and Toysrus.com, extending a policy that had initially been introduced last year for the Holiday trading period. Simplifying price-matching policy for shoppers The new policy combines Target’s previous price adjustment and competitor ad match po...
03 January 2013
Safeway has announced that its Chairman and CEO, Steve Burd, will retire in May. Driven the retailer’s transition for 20 years Mr. Burd joined Safeway in October 1992 as President and was appointed CEO in May of the following year. As CEO, he has been responsible for transforming the retailer over an unprecedented 20 years at the helm. Among some of his key initiatives were establishing a ...