Canadian Tire customers now have more ways to earn and spend money after the company expanded its loyalty program.
"We believe the U.S. represents a minimum 100-store market opportunity for us, which is an important long-term growth driver." said Jim Gabel, President and Chief Executive Officer of Roots. "We will have four new stores open by the end of the summer, moving us well down the path toward our target of 10 to 14 new U.S. retail locations by the end of 2019. We are confident our inclusive lifestyle brand with its legendary feel, will resonate well with U.S. customers. With a growing retail footprint and an e-commerce platform that ships to all 50 states, we are increasingly able to bring our iconic Roots brand to a broader base of customers across America."
Brewed coffee continues to be a battleground for McDonald’s and rival Tim Hortons
Grocery Business Magazine: J Sainsbury Plc has agreed to buy Walmart's British unit Asda for $10 billion. The deal will create a grocery powerhouse in the UK and overtake market share from UK's largest grocer, Tesco. J Sainsbury operates the Sainsbury's stores in that country. According to news reports, Mike Coupe, Sainsbury's chief executive, who used to work for Asda, will lead the new company. Walmart will hold 42 per cent of the share capital of the combined business and the two stores will continue to operate under distinctive brands.