TOP STORIES from our HARDLINES e-Newsletter

Expect Canadian Tire to look for more acquisitions

TORONTO — Based on its new strategy announced two weeks ago, Canadian Tire Corp. will continue investing in its core businesses—including more acquisitions. The company has set aside $575 million annually from 2015-2017 for capital investment. That will include everything from digital technology to upgrading its store network…

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RONA plans to market installed sales more aggressively

BOUCHERVILLE, Que. — RONA has been accelerating its installed sales program in its stores, reporting that this business has been picking up since the fourth quarter of last year. In fact, by the end of the second quarter of 2014, growth of installed sales was in the double digits…

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Dealers can measure performance with new Cost of Doing Business Survey

SPECIAL REPORT — The Annual Cost of Doing Business Study from the North American Retail Hardware Association is now available to members. This annual study is a valuable tool that provides a range of financial information from hardware stores, home centres, and building centres. The tables contained in this report are designed to provide comprehensive yet straightforward guidelines for analyzing the profitability of a store.

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True Value’s strategic plan includes more advertising

Denver, Colo. — After spending the last 16 months gathering information and talking to members, True Value president and CEO John Hartmann lifted the curtain on the co-op’s new strategic plan during the company’s Fall Reunion recently in Denver…

>>FULL STORY IN OUR WEEKLY E-NEWSLETTER.


Amazon holds lion’s share of Canada’s online sales

SEATTLE — Amazon is the biggest online retailer in the Canadian market by a large margin, accounting for 7% of online sales, and is poised to snap up even more market share. According to a BMO Capital Markets study, Amazon “could triple or quadruple its revenues in Canada over the next few years.”

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DAILY NEWS UPDATES

B&Q pours £60m into web platform

EASTLEIGH, England — B&Q has invested £60 million into its responsive website for mobile…

Home Depot names exec VP, U.S. stores

ATLANTA — Home Depot announced that it has named Marc Powers executive vice…

Bricks and mortar e-retail's final frontier

NEW YORK — On the heels of Amazon’s announcement that it will erect a physical store in…

Canadian retail in for tough holiday

TORONTO — Canadian retailers have a lot going against them this holiday season…

Muskoka TIM-BR MART dealer adds store

VAUGHAN, Ont. — TIM-BR MART Group reports that one of its members…

Target opens three more Canadian stores

MISSISSAUGA, Ont. — Target Canada opened three new stores today…

U.S. housing indicators up in September

WASHINGTON — Housing starts in the U.S. reached…

Bomb threats hit Home Depot stores

CALGARY — Two Home Depot stores in Western Canada were disrupted this week…

Napoleon launches logistics centre

BARRIE — Napoleon Group of Companies celebrated the opening of their new 270,000…

Sears Canada gets interim CEO

TORONTO — Sears Canada has announced that Ronald Boire, previously chief…

Retailers struggle to catch up with Amazon.ca

SEATTLE — Amazon is the biggest online retailer in the Canadian market by a large…

Lowe's Canada announces new VP operations

Lowe’s Canada announced the appointment of Guy Beaumier as Vice President, Operations…

TIM-BR MART welcomes Clare Interior Supplies

VAUGHAN, Ont. — TIM-BR MART Group welcomed Clare Interior Supplies to its team as of…

Cross-border shopping jumps despite Target

OTTAWA — New StatCan figures show a 72% rise in cross-border shopping…