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2012 Archives
 

Rona to sell non-core assets - there are no "sacred cows"
Trying to return to profitability the new president is taking a dispassionate look at the business and looking to get Canada's #1 home improvement retailer back to growing earnings per share. They'll be streamlining and cutting budgets and closing underperforming stores. With Lowe's knocking at the door, Home Depot growing and Target coming Rona has a lot of work to do. (Source montrealgazette.com)

Walmart Canada unveils 200th Supercentre
Today, Walmart Canada has supercentres in six provinces and 373 stores nationwide serving more than eight million customers each week. The company opened its first supercentres in Ontario in 2006. (Source sacbee.com)

Sony Store and Visions Electronics burglarized in Calgary.
The unsuccessful attempt at driving a truck through the doors of a Sony Store in the WestJills Shopping Center leads to the arrest of one suspect. The Ford F250 truck driven by the suspect was used to smash down the doors in at least three burglaries including Vision Electronics. Police made the arrest of the suspect before the any inventory was lost at the Sony Store. Police are still looking for the second suspect who escaped the scene in a white Range Rover. (Source calgarysun.com)


Quarterly Same Store Sales Results

Canada's- Dollarama 3Q up 6.6% with sales up 14.4%




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Canadian Push 12-7-12
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