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Retail
5 Canadian retail stocks to buy as we head into holiday season
October 20, 2021 10:04 AM EDT| By Team Kalkine MediaHighlights Retail business is a necessity, and these stocks offer stable returns with high growth potential. One of the retail stocks here rocketed by more than 127 per cent in the past year. A retail company among the below posted a return on.....
5 Canadian retail stocks to buy in October
October 12, 2021 12:57 PM EDT| By Team Kalkine MediaHighlights One of the companies listed here posted a return on equity of 487.23 per cent. One of the stocks among them noted a price-to-earnings ratio of 72.70. One of the stocks mentioned below experienced a surge of more than 126 per cent in.....
Is Dollarama (TSX:DOL) the best retail stock to buy & hold?
September 08, 2021 10:34 AM EDT| By Raza NaqviHighlights Dollarama Inc. (TSX:DOL) is set to release its financial results for the second quarter of fiscal 2022 on Thursday, September 9. Dollarama is ranked among the top return on equity (ROE) performers on the Toronto Stock Exchange. Doll.....
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5 TSX retail stocks to buy as industry rebounds
September 07, 2021 09:49 AM EDT| By Shreya BiswasHighlights One of the retail companies mentioned below is the largest alcohol retailer in Canada, covering more than 170 locations. The highest ROE posted by the companies in this list was 70.88 per cent Four of these companies are expected to.....
Vinco Ventures stock soars. Is BBIG worth a buy or another meme stock?
August 30, 2021 12:22 PM EDT| By Raza NaqviStocks of Vinco Ventures Inc. (NASDAQ:BBIG) surged 76 per cent and was trading at US$ 9.34 per share as the market opened on Monday, August 30. The consumer stock has surged by 121 per cent since the past week and it continues to surge. Last.....
5 best TSX retail stocks to buy as COVID restrictions ease
August 23, 2021 11:19 AM EDT| By Shreya BiswasThe Canadian government announced the relaxation and ease of pandemic-related restrictions, a much-awaited move that lit the mood of Canadians. Market analyses indicate the expected opening of international borders to foreigners and immigrants in S.....
Know the 10 biggest retail companies around the world in 2021
July 09, 2021 01:41 AM EDT| By ManikaThe year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of needs, especially the need for online shopping. Retailers had to reinvent themselves to develop online.....
Is Canadian Tire (TSX:CTC.A) an iconic stock to buy?
June 24, 2021 10:18 AM EDT| By Shreya BiswasRetail giant Canadian Tire Corporation Limited (TSX:CTC.A) has attracted quite a bit of investor and analyst attention over the past year. Through the lows of the COVID-19 pandemic, when most brick-and-mortar retailer suffered, Canadian Tire sailed t...
Which Are The 5 Best Retail Stocks?
June 09, 2021 11:51 AM EDT| By Team Kalkine MediaAfter a difficult 2020, the Canadian retail stocks saw some growth this year as restrictions eased. The pandemic has altered consumer behavior, which led to retailers seeking innovation to drive sales. While many retailers have shifted to digital cha...
Canadian Tire (TSX:CTC) & Walmart Canada: 2 Rising Retail Stocks To Buy
May 28, 2021 01:01 AM EDT| By AnujSales of Canadian retail stores rose around 10.7 per cent in the first quarter of 2021 on a year-over-year (YoY) basis, a record high surge, as per data by national agency Statistics Canada. The industry has completely rebounded from the COVID-led sl...
Good Morning! 2 Stocks To Buy On International Tea Day
May 21, 2021 09:33 AM EDT| By Raza NaqviThe world celebrates International Tea Day on May 21 to mark the increasing consumption of tea around the globe. While coffee and other drinks may have their own set of fans, the United Nations points that tea has a medicinal value that help can brin...
Target (NYSE:TGT): Right Time To Buy This Consumer Stock?
May 19, 2021 01:19 PM EDT| By Raza NaqviSummary Stocks of Target Corporation (NYSE:TGT, TGT:US) shot up by about five per cent on Wednesday, May 19. The spike came as the company announced that it is expecting wider 2021 margins. Target Corporation said that a boost in demand for ho.....
3 Rising Retail Stocks To Buy In May
May 18, 2021 02:58 PM EDT| By Team Kalkine MediaAfter facing a major blow to its operations last year due to the COVID-19 pandemic, the Canadian retail sector, particularly the apparel industry, seems to be gradually healing. This recovery was primarily triggered by expanding online businesses. W...
BigCommerce Vs Shopify : Which Stock Is A Better Buy?
April 06, 2021 12:36 PM EDT| By Shreya Biswasduals SaaS-based services pertaining to design, shopping cart and payment. Ever since it went public last year, BigCommerce Holdings Inc (Nasdaq: BIGC, BIGC:US) has been pitted against fellow e-commerce giant Shopify Inc (TSX:SHOP). So let&rsquo...
With Increase in Sales, Dollarama (TSX:DOL) Sets Target of 2000 stores by 2031
March 31, 2021 11:25 AM EDT| By Team Kalkine MediaSource: on c, Shutterstock Discount retail stores chain Dollarama on Wednesday, March 31, reported sales of C$ 1,103.7 million in the fourth quarter, an increase of 3.6 per cent year-over-year. The sales increased as Canadians focused more on spendi...
Ikea Set To Open Its First Store In Downtown Toronto
March 29, 2021 06:34 AM EDT| By Shreya BiswasSource: ppa, Shutterstock Summary IKEA is all set to open its first downtown location in Toronto. Ingka Centres, which is holding company Ingka Group’s shopping centres business, announced on Thursday, March 25, that it has purchased a l...
George Weston (TSX: WN) To Sell Bakery Unit, Focus on Retail & Real Estate
March 23, 2021 01:14 PM EDT| By Team Kalkine MediaSource: blurAZ, Shutterstock George Weston Limited (TSX: WN) announced that it will soon sell its Weston Foods bakery business and focus on retail and real estate businesses. Despite being one of the leading bakeries in North America, it con...
Couche-Tard To Sell 49 Stores, May Put Up 355 More Sites For Sale
March 22, 2021 12:13 PM EDT| By Ipsita SarkarSource: pixfly, Shutterstock Alimentation Couche-Tard Inc. (TSX: ATD.B), one of the largest chains of convenience stores in Canada, has agreed to sell 49 sites to Casey's General Stores Inc. The deal is worth US$ 39 million and the amount will be pa...
On World Sleep Day 2021, A Mattress Stock To Explore (TSX:ZZZ)
March 19, 2021 05:52 AM EDT| By Shreya BiswasSource: Things, Shutterstock Summary On Friday, March 19, the world gets to celebrate a day solely dedicated to sleep. This mattress stock recorded a growth of over 232 per cent in the past one year. Its net income for Q4 2020 was up by 89.4...
Walmart (NYSE:WMT) Rejigs Canada Plan, To Invest More, Close 6 Stores
March 16, 2021 06:15 AM EDT| By Ipsita SarkarThese actions will create at least 2,000 new Walmart jobs in Canada. Global retail giant Walmart Inc. (NYSE: WMT) is back to its drawing board eight months after it announced a massive US$3.5 billion capital outlay to ramp up its busines.....
