Basix Hedge News - Retail & Marketing


Ottawa probing Tim Hortons franchisee claims that Brazilian parent company is failing to honour commitments to Canada. FP

Restaurant Brands accused of trying to significantly increase its margins at the expense of the franchisees The federal government is looking into concerns raised by...

New Lululemon Athletica Inc CEO brings pedigree in top cult brands

In naming Laurent Potdevin as its new CEO, Lululemon Athletica Inc. has found a seasoned fashion and sporting goods executive to continue the yogawear retailer’s...

Holiday shopping season looks gloomy for U.S. retailers

Growing online competition, weak consumer confidence and no fashion must-haves means most U.S. retailers will have to offer both big discounts and stellar service to...

Sears Canada lays off nearly 800 staff

Sears Canada laid off nearly 800 more employees on Tuesday, the bulk of the cuts falling at the troubled retailer’s parts and service repair businesses...

Target Corp profit drops almost 50% as costs of expansion into Canada weigh

U.S. retail giant's profit drop almost 50% and it cuts full-year forecast as it continues to struggle to gain a foothold north of the border...

Best Buy shares offer attractive entry point – analysts

If you are looking for an attractive entry point into Best Buy Co. Inc., analysts believe it was provided by Tuesday's sharp sell-off

Sears Canada posts loss, enriches shareholders anyway

Sears Canada Inc. announced an anticipated big payout to shareholders on Tuesday after reporting a wider third-quarter loss but its first increase to same-store sales...

Fairfax buys majority stake in Keg Restaurants

With a just few moves, Fairfax Financial Holdings Ltd. has turned up the fire under Canada’s tepid casual dining market

Walmart Canada stung as retail competition heats up

Walmart Canada is known as the industry giant who forces other retailers to lower their prices simply to keep up, but its latest results suggest...

Safeway comparisons to A&P flawed – Deutsche Bank

Safeway is not on the A&P trajectory, despite what a popular short thesis seems to suggest, analyst says

Canada Goose sues Sears Canada over look-alike parka

The Toronto-based outerwear manufacturer has filed a trademark infringement lawsuit in Federal Court, alleging a new red coat from Sears resembles one of its “highly...

Tim Hortons keeps focus on ‘defending and growing’ home turf before expanding abroad

North America the priority as Tim's more than 4,300 locations face stiffer than ever competition from McDonald’s refurbished coffee business

Walmart’s deep discounts may kill holiday season for U.S. retailers

Wal-Mart is kicking off its online deals on Friday, a month earlier than usual — underscoring worries that intense discounting could result in the most...

Google Inc’s barge secret revealed? Floating vessels may be giant party boats for showing off Google Glass

Google's giant, secret floating barges are party boats where senior Google executives will court highly favoured clients, mostly for marketing Google Glass, report says

Eddie Lampert expands Sears breakup plans

Eddie Lampert, who has been slicing off pieces of his Sears Holdings Corp. for years, is poised to break off even bigger chunks of the...

Sears’ exit from Eaton Centre, 4 other stores, raises red flags about its future in Canada

Analysis: Sears Canada’s move to sell five plum urban locations back to its landlords for $400-million raises serious questions about the department store chain’s future...

24 sad photos that show what Wal-Mart is doing wrong

Brian Sozzi at Belus Capital Advisors recently took a series of photos that he says illustrate how understaffed Wal-Mart locations have become

Tim Hortons to offer new dark roast coffee blend in two test markets

For the first time in 49 years, Canada’s biggest quick-serve restaurant chain is testing a new blend of drip coffee — dark roast — to...

Calvin McDonald, ex-Sears Canada CEO, named head of Sephora Americas

Stylish ex-Sears Canada chief executive Calvin McDonald has been named president and CEO of beauty retailer Sephora Americas

Canadian restaurant sales set to grow in every province in 2014, report says

The restaurant sector is poised for a healthier 2014 with higher sales in every province, according to a new report from the Canadian Restaurant and...