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Home Depot asks Canadians to report ‘unusual activity’ on credit cards
A spokesperson said Thursday the big box renovation store can’t yet confirm
whether a breach has occurred at Canadian or U.S. stores. A Canadian
spokesperson confirmed Tuesday the renovation chain’s 180 Canadian stores were
part of a company-wide investigation. Drake also advised Canadian consumers “to
closely monitor their accounts and contact their card issuers if they notice any
unusual activity.” (Source
globalnews.ca)
Target's speed drill & broken distribution led to the 'botched expansion'
In hindsight, Target wouldn’t have opened as many stores and distribution centres in such a short timeframe when it entered Canada, Schindele told
Reuters. “We’re now unwinding some of the decisions we made that were based on
speed.” Schindele would not answer questions about whether any Canadian store
closures are being considered. Target Corp. is working to repair the supply
chain problems it holds largely responsible for last year’s botched Canadian
expansion and expects to show measurable progress on a turnaround by this fall,
Schindele told Reuters/The Canadian Press. (Source
sartech.ca)
Canadian Gov't Wants Lower Swipe Fees for Retailers - currently among highest in
the world
Canadian Finance Minister Joe Oliver is pressing
credit-card companies and banks to accept lower transaction fees paid by
retailers, which the government claims are among the highest in the world. The
government reportedly wants MasterCard and Visa to voluntarily curb fees by
about 10 percent. The cuts would lead to lower costs for retailers and threatens
to erode revenue for credit-card firms and lenders including Bank of Montreal
and Royal Bank of Canada. Banks say any efforts to cut transaction fees may
force them to reduce card-holder benefits or eliminate cards.
(Source
bloomberg.com)
Holt Renfrew to close two smaller stores & maybe more amid competition
List of Retailers Opening and Expanding in Canada
 Walmart
takedown sparks questions about security training A video depicting a
violent takedown and arrest of a man allegedly stealing from Walmart by two loss
prevention workers is raising questions about training for security staff. The
August 28 altercation, caught on video and posted on the website Live Leak by
user OPD21 on Monday, led to an Edmonton police investigation, an internal
Walmart review and a review under a provincial act. Jeremy Garnhum, 26, faces
six charges including assault with a weapon, assault to overcome arrest, theft
under $5,000, and possession of a weapon dangerous to the public. The accused
was treated for injuries but not admitted to hospital. As of Wednesday, charges
had not been laid against the loss prevention workers. In Alberta, the security
industry operates under the Security Services and Investigators Act. Under the
Act, a person seeking a loss prevention officer licence must successfully
complete Alberta Basic Security Training. Security guards – LPOs specifically –
can make an arrest, so what they were doing was absolutely correct. How they
were doing it is a matter of debate. On Tuesday, Walmart issued a statement to
Global News saying it was “deeply concerned about the incident” and was
“conducting a review of our processes to ensure all safety considerations are
addressed.” (Source
globalnews.ca) |
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