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Canadian Push 9-5-14


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

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

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

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

Canadian Push 9-5-14
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