TOP STORIES from our HARDLINES e-Newsletter

WRLA show has strong start at new venue in Calgary

CALGARY — Dealers from Western Canada, along with vendors from across the country, headed to Calgary last week for this year’s trade show by the Western Retail Lumber Association. The show has a new name this year, as the Prairie Showcase moniker gets replaced by a more inclusive “WRLA Buying Show.”…

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AQMAT Awards Gala attracts Quebec Industry

QUEBEC CITY — An estimated 1,000 people gathered at the storied Chateau Frontenac on Saturday for the third annual industry Gala Reconnaissance. The event was hosted by the Quebec industry association, AQMAT, and emceed by association president Richard Darveau…

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Power tools, playing figure large in Canadian Tire’s spring push

TORONTO — Seasonal products continue to be a big part of Canadian Tire’s sales growth, and a recent preview of its spring lines featured 400 new items, of which 140 will be Canadian Tire exclusives…

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Target Canada managers to get cash payouts

MISSISSAUGA, Ont. — Target Canada’s retreat from Canada continues to be plagued by controversy. In the latest news surrounding the imminent closing of 133 stores here, Target’s top managers will reportedly receive big payouts at the end of their tenure. Meanwhile, some 17,000 sales staff will be without jobs—or severance of their own…

>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.


Target announces withdrawal from Canada

MINNEAPOLIS — Target Corporation has put its operations in Canada into receivership, with plans to shutter its stores here within just a few months.

Target arrived in this country to much fanfare through the takeover of 133 Zellers store locations in 2013. Now, Target Canada Co., which is a wholly-owned subsidiary of the giant U.S. retailer, has filed an application for protection under the Companies’ Creditors Arrangement Act with the Ontario Superior Court of Justice…

>>CLICK HERE TO READ THE FULL STORY IN OUR WEEKLY E-NEWSLETTER.


DAILY NEWS UPDATES

Tractor Supply turns in strong year-end results

BRENTWOOD, Tenn. — Net sales for U.S. farm and hardware retailer Tractor Supply…

U.S. new home sales jump in December

WASHINGTON — Sales of new single-family dwellings in the U.S. surged in December…

Lowe’s Canada hiring 2,000 for spring, summer

TORONTO — Lowe’s Canada announced today plans to hire about…

Are Lowe's or RONA contenders for Target sites?

WINNIPEG — With the imminent closing of 133 Target stores across Canada…

Home Hardware sells CertainTeed formaldehyde absorbing drywall

MISSISSAUGA, Ont. — CertainTeed has developed a formaldehyde-absorbing gypsum board that absorbs noxious elements…

Grainger posts year-end gains

CHICAGO — Grainger reported results for the year end with sales of $10 billion…

Retail sales rise in November

OTTAWA — Retail sales rose 0.4% in November to $43 billion. Unseasonably cold weather…

Canadian Tire embraces digital

TORONTO — Canadian Tire’s Cloud Nine computing centre in Winnipeg is the “backbone”…

Boire confirmed as Sears Canada CEO

TORONTO — Sears Canada announced its board of directors has appointed acting…

Van Pelt joins Knauf Insulation

BROSSARD, Que. — Ron Van Pelt has joined Knauf…

Target exit leaves pharmacists in lurch

MISSISSAUGA, Ont. — Target’s departure from Canada creates uncertainty for suppliers…

WRLA show has strong start at new venue

CALGARY — If attendance on day one was any indication, the relocation from Saskatoon to Calgary of the buying show for Western dealers could be considered a…

TIM-BR MART introduces private-label paint

CALGARY — The 2015 WRLA Buying Show was the scene of a number of product launches, including a new paint line from TIM-BR MART Group…

Richelieu sales up in 2014

MONTREAL — Richelieu Hardware saw fourth-quarter sales grow by 14.5%…