Hudson’s Bay Co. is considering selling its troubled U.S. Lord & Taylor department-store chain.
The Toronto-based retailer, whose chains include its namesake and Saks Fifth Avenue, said on Monday it is pursuing “strategic alternatives” for Lord & Taylor, among them a possible sale or merger as part of its strategy to focus on its biggest opportunities.
“This review of strategic alternatives for Lord & Taylor is another example of how we are exploring options to position HBC for long-term success,” said Helena Foulkes, HBC’s chief executive officer since early 2019.
Grocery chain Loblaw recently revealed it’s testing a digital ad service with a small group selected from the 18 million members of its PC Optimum loyalty program. Data collected from the program is used to target the group with ads featuring vendor brands, across publisher sites and social networks, in exchange for extra rewards points.
One of the pilot’s most enticing elements is that it uses first-party data that reflects customer purchase behaviour. This allows for direct attribution for online and offline sales and more accurate targeting than what’s provided by third-party cookie or social data.
Indigo, the world's first cultural department store for booklovers, is excited to unveil the new Indigobaby Registry. To take the guesswork out of what expectant parents need for their new arrival, the Indigobaby Registry offers a curated selection of the top baby must-haves and the best baby brands. Easy-to-navigate and beautifully designed, the Indigobaby Registry is now available in-store, online and through the Indigo mobile app. As Canada's largest specialty retailer with over 200 stores from coast to coast, setting up a registry, making a purchase, return or exchange, has never been easier.
Cannabidiol or CBD extract, most commonly sold as oil, has been promoted as a natural cure for pain, anxiety and insomnia, despite limited medical research.
Now in their eighth year, the Canada Post E-commerce Innovation Awards celebrate Canadian businesses of all sizes, from every corner of the country. Award winners take home more than $1 million in prizes, including shipping credits, direct marketing packages, marketing on the Canada Post fleet and exposure through Canada Post channels.
Using a cellphone while browsing in-store may be linked to an increase in unplanned purchases, a new study has found.