Top Stories: National

Canadian Tire needs to up its game in e-commerce, warns analyst - Article - BNN

Desjardins Capital Markets analyst Keith Howlett is telling Canadian Tire to get its act together on the e-commerce front.
In a note to clients, Howlett said the demise of Sears Canada increases the urgency for Canadian Tire to accelerate its digital push, as it will no longer have a weak big-box-competitor to steal sales from.
“Both Canadian Tire stores and Mark’s stores compete directly in some categories with Sears Canada,” Howlett wrote. “More importantly, 2018 is the year that Canadian Tire has to finally swim proficiently in the e-commerce pool, including in the deep end (delivery to home in all banners).”

bnn.ca

RioCan Real Estate Investment Trust: Best-in-Breed for Retail REITs

RioCan Real Estate Investment Trust (TSX:REI.UN) is the play you want to make if you believe brick-and-mortar retail is not going anywhere.

fool.ca

Haggis to be sold in Canada for first time in 46 years - Sunday Post

Scotland exports more than £94 million worth of food and drink to Canada, with some reports indicating the market for Scottish food has increased by 37% over the last year.

The country imposed a ban on red meat from Europe in 1996 in the wake of the BSE scare affecting beef cattle. It was only lifted in 2015...

sundaypost.com

The Millennial shopper: deal-savvy and highly engaged

New research by BrandSpark International indicatesMillennials may be savvier shoppers than we tend to give them...

newswire.ca

Roots Corp cuts its IPO price to $12 from $14 target, insiders say

Roots Corp., the Canadian retailer known for its casualwear and leather goods, raised $200 million in its initial public offering after cutting the price below its targeted range, according to people familiar with the matter.

The Toronto-based retailer sold shares at $12 a piece, below its previously disclosed range of $14 to $16 each, said the people who asked not to be identified because the matter is private. The company still raised $200 million after selling shareholders increased the amount of shares offered, they said.

business.financialpost.com