Hudson’s Bay Co. intends to keep expanding its Zellers brand across Canada—through both bricks and mortar and online presences…
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Independents forecast a stalled year, with flat or negative sales expected
Forecasts by the leading public hardware and home improvement retailers have already sent a message that 2023 is going to be a slow year…
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Under new owners, affiliate dealers will get a better deal, says RONA SVP
Without the leadership of Lowe’s Cos. in the U.S., the executive team at RONA inc. is wasting no time doing things their own way…
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Despite lower Q1 results, Lowe’s makes healthy online sales gains
Lowe’s Cos., which reported first-quarter sales last week that were five percent below last year’s Q1, is feeling the pinch on big-ticket items now that the Covid-driven consumer frenzy for home improvements has abated…
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New retail brand to take over at least 21 Bed, Bath & Beyond locations
A brand new retail home furnishings and décor banner is coming to Canada, and it’s taking over at least 21 former Bed, Bath & Beyond locations after that chain entered bankruptcy protection…
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Home Depot, Canadian Tire’s Q1 slowdowns a portent of things to come?
Home Depot released its first-quarter results last week and they were sobering…
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Loblaw is the latest big retailer to enter appliance sales
Real Canadian Superstore, the big box format for the Loblaw chain, is now carrying heavy appliances in a pilot at its store in Milton, Ont. The retailer is teaming up with Canadian Appliance Source with a store-within-a-store model…
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Where is housing going? Mixed messages, but overall positive signs ahead
Sales of existing Canadian homes jumped by 11.3 percent in April compared to the previous month. With prices stalled and supply low, the market appeared to take off following Easter weekend, reports the Canadian Real Estate Association…
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Robotics firm sues Canadian Tire over warehouse fire
A warehouse robotics firm has filed a statement of claim against Canadian Tire over the latter’s mid-March fire at one of its largest distribution centres in Brampton, Ont…
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Spectrum now able to complete Hardware & Home Improvement business sale
Spectrum Brands Holdings has agreed to a stipulation with the U.S. Department of Justice to settle the DOJ’s challenge of Assa Abloy’s acquisition of the company’s Hardware and Home Improvement segment…
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