The US Retail Sales data for April was projected to have an impact on Canadian markets before its release on Tuesday, May 17. The USD/CAD had struggled around 1.2850 ahead of the release. On Tuesday, the United States reported that its retail sale...
Highlights Canadian Tire Corporation (TSX: CTC.A) has announced an increase of 25 per cent in its dividend. The company saw growth across retail, financial services and REIT segment. Canadian Tire’s retail sales saw a year-over-year (YoY...
Circle K owner Alimentation Couche-Tard Inc (TSX: ATD) is reportedly discussing a merger with the UK retail company to increase its retail footprints and help in achieving its five-year plan to double its size. The report suggested that the combin...
Highlights Statistics Canada recently estimated that retail sales could be up 1.4 per cent for March. StatCan published Canada’s latest retail trade data on Friday, April 22, revealing that retail sales climbed to C$ 59.9 billion in Febru...
Loblaw Companies Limited (TSX: L) is gaining traction on the stock markets after making an acquisition announcement early Monday, March 14. The Canadian retailer said that its fully-owned subsidiary, Shoppers Drug Mart, agreed to buy Lifemark Heal...
Highlights Canadian Tire Corporation (TSX: CTC), on Thursday, March 10, announced a C$ 3.4 billion investment plan to enhance its omnichannel capabilities and promote long-term growth As COVID curbs are slowly cooling down, retail companies lik...
Highlights Statistics Canada, on Friday, February 18, said that the retail sales in Canada decreased by 1.8 per cent in December 2021. The Omicron surge and severe floods in British Columbia disrupted retail business across the country, added t...
Canadian Tire Corporation (TSX: CTC, TSX: CTC.A) seems to have become one of the top trending stocks on the markets after it released its fourth-quarter and full-year results for fiscal 2021 on Thursday, February 17. The retail player saw its Clas...
Highlights Unfavourable weather conditions, including floods in British Columbia last year and the omicron wave, continues to hamper economic recovery in 2022. The retail sector, which was majorly affected by the coronavirus in 2020 and 2021, i...
Many retail companies saw their sales numbers surge amid the holiday season, especially on Black Friday and Cyber Monday, amid relaxed COVID restrictions. In turn, many retail stocks also rallied amid positive market sentiments. Let us look at tw...