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Retail
Canadian Tire (CTC) or Costco (COST): Which retail stock to buy?
January 15, 2022 04:45 PM AEDT| By Kajal JainMany 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.....
How to invest in retail stocks in Canada?
January 03, 2022 04:50 PM AEDT| By Kajal JainHighlights Investors should ideally branch out to other havens such as the retail industry, which are defensive and cyclical in nature. Diversification is an essential element to consider before riding into the stock market universe. Retail co.....
5 top Canadian retail stocks of 2021
December 23, 2021 02:34 AM AEDT| By Kajal JainHighlights Statistics Canada, on Tuesday, December 21, provided an advanced estimation that suggested that retail sales in the country surged by 1.2 per cent in November. The retail sales numbers noted a surge for the second month in a row......
This Canadian retail giant hiked its dividend by more than 10%! A buy?
November 13, 2021 02:50 AM AEDT| By Kajal JainHighlights The S&P/TSX Capped Consumer Discretionary Index has surged by more than 16 per cent on a year-to-date (YTD) basis. A Canadian retail giant clocked a new one-year high stock price of C$ 330 apiece on November 11 after its latest e.....
Top 2 Canadian retail stocks to buy in November
November 02, 2021 03:53 AM AEDT| By Team Kalkine MediaThe COVID-19 outbreak led to complete lockdowns and strict social distancing norms worldwide that directly impacted the global retail landscape. In addition, the ban on sales of non-essential items and sanitization requirements have increased the o.....
5 Canadian retail stocks to buy as we head into holiday season
October 21, 2021 01:04 AM AEDT| 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 13, 2021 03:57 AM AEDT| 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 09, 2021 12:34 AM AEST| 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 11:49 PM AEST| 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 31, 2021 02:22 AM AEST| 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 24, 2021 01:19 AM AEST| 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.....
Is Canadian Tire (TSX:CTC.A) an iconic stock to buy?
June 25, 2021 12:18 AM AEST| 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 10, 2021 01:51 AM AEST| 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 03:01 PM AEST| 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...
3 Rising Retail Stocks To Buy In May
May 19, 2021 04:58 AM AEST| 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...
Ikea Set To Open Its First Store In Downtown Toronto
March 29, 2021 09:34 PM AEDT| 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...
Couche-Tard To Sell 49 Stores, May Put Up 355 More Sites For Sale
March 23, 2021 03:13 AM AEDT| 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...
Walmart (NYSE:WMT) Rejigs Canada Plan, To Invest More, Close 6 Stores
March 16, 2021 09:15 PM AEDT| 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.....
Why Canada Goose (TSX: GOOS) Could Be Your Ace Card in 2021
March 03, 2021 07:55 AM AEDT| By Ipsita SarkarSource: William Potter ,Shutterstock Summary Canada Goose hires Chinese designer to create its first line of East-West fusion collection. Its sales revenues from mainland China rose 42 per cent in the third quarter of 2020. Partners with...
Target’s (NYSE:TGT) 2020 Sales Soar US$15Bn, Net Income Surges 33% YoY
March 03, 2021 12:33 AM AEDT| By Shreya BiswasSource: Lifestyle Travel Photo, Shutterstock Summary American retail giant Target Corporation (NYSE:TGT, TGT:US) has beaten Wall Street’s estimates with its latest earnings released on Tuesday. As the big box retailer gained from the pan...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025