Sears Slashes Prices Continuing Its Sprint To The Bottom

Sears Canada announced this week that it would permanently cut the prices on 5,000 items by up to 30%. Recently installed Sears Canada CEO, Calvin McDonald was quoted in the Globe & Mail as saying “Our customers are demanding great value every day of the week, Sears has a history of being known for great
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Canadian Retailers Valentines Day 2012

Valentine’s Day is one of the biggest gift-giving holidays of the year.   The National Retail Federation’s (NRF) 2012 Valentine’s Day Study revealed that the average person will spend US$126.03 this year.  This is the highest level in the last 10 years.  The survey also revealed that in the United States consumers will spend $4.1 billion
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A Snapshot Of Deloitte’s Global Powers Of Retailing 2012

Deloitte recently published its Global Powers Of Retailing 2012 Report.  This report provides a global retailing outlook, highlights key trends and analyzes the top 250 companies in global retailing.  Five key trends were listed in the industry. According to Deloitte, retailers will be continuing to look at entering emerging markets that are currently characterized by
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