The Retail Council of Canada's Safety Group Program hits milestone with a
$2.3 million rebate check
The RCC's Safety Program has been
extremely successful over the last 5 years and has returned to retailers
nearly $8 million. In partnership with the Workplace Safety and Insurance
Board (WSIB), RCC designed the Safety Group Program to assist retailers in
achieving their own health and safety objectives in an effort to reach the
goal of zero injuries. If you'd like more information concerning ways to
become involved in RCC's 2012 Safety Group Program, contact Matthew Hall,
Senior Manager, Member Programs, at 888-373-8245 ext. 319, or via email at
Canada's online business to reach $30.9
billion by 2015.
Early reports show Canadian retailers were flat in holiday sales
as consumers focused on their finances rather than the urge to splurge.
Canadian retailers did not discount to the degree their U.S. counterparts
did and instead operated with reduced inventories to avoid the risk of being
left with piles of unsold stock.
Online sales for December were up 22% and transactions up 35% for online
retailers for Pulse merchants.
For the full season,
transactions were up 37%, sales rose 25%, and average tickets declined 9%.
Basically mirroring their U.S. counterparts.
Prices may slightly improve in Canada but not by much
Much has been written about how everything costs more in Canada by as much
as 15% to 20% and while the government has held meetings, reduced some
tariffs and says they're working on it the fact is there's not much they can
do. With one retail industry futurist, Doug Stephens saying "Unfortunately,
prices in general are not going to go down." Some of our commodities are
going down a little in price," said Stephens. Clothing costs could also
improve slightly in 2012. More competition in Canada's marketplace could
also benefit consumers in the year ahead. (Source
Montreal losses 18,000 retail jobs in the final three months of 2011 while
Toronto gains 4,000
However both cities lost tens of
thousands of jobs mostly in October and November and the jobs picture in the
short term is not good. Which brings up a lot of questions about how well
all these retailers pushing north will fair in a decreasing job market in
Canada's two biggest cities. There's economic concern brewing up north.
Canada's largest grocer Loblaws takes a negative stand on the new
A footnote in plans to beef up enforcement
of Canada’s securities laws has caught the attention of the country’s
biggest grocer. Loblaw Cos. Ltd. and parent company George Weston Ltd. are
urging the Ontario Securities Commission to “tread carefully” before
implementing a program that would offer to pay a “bounty” to whistleblowers
reporting on suspected misconduct at a company. Offering financial rewards
may produce undesirable and even perverse consequences including the
proliferation of frivolous claims or the condoning of undesirable conduct by
certain employees so that others may blow the whistle,” the grocery chain’s
senior vice-president and general counsel Robert A. Balcom wrote in a
two-page letter to the OSC.
Canada's $6 billion gift card industry reports about $1 billion is never
Unfortunately for retailers they don't get to
count the gift card as income until it is used, so they do face accounting
issues. However, companies in the United States are allowed to count unused
gift-card money as income once they can reasonably assume the card won't be
redeemed. In Canada, thanks to legislation, giftcard expiration is banned
for individual retailers. That doesn't do anything for the consumer who has
lost the little piece of plastic. In the U.S., unlike Canada, gift cards can
expire after five years. (Source
Target is building it's third distribution center in Canada in Calgary.
This 1.3 million sq. ft. Dc sitting on 80 acres will be managed entirely by
an outside logistics company, Eleven Points Logistics. They will manage all
recruitment and hiring and will communicate those needs and plans with local
communities in the coming months, says a Target spokesperson.
Quebec's largest drug store chain and major shareholder of Rite Aid, Jean
Coutu sees a healthy 3rd Quarter
With 400 stores in
Quebec and in New Brunswick and the Ottawa are they posted a 2.8% increase
in sales and are preparing for the increased American competition. The
latest period included a $17.5-million gain on the sale of Rite Aid shares.
Coutu has written off the value of its Rite Aid investment, centre the point
of its unsuccessful U.S. expansion, though the shares it still holds are
worth about $280 million in the market. It now reports for the Canadian
Canadian Food Inspection Agency has laid 60 criminal charges against
Brampton-based Maple Lodge Farms, Canada’s largest independent chicken
processor, alleging violations of federal animal health regulations.
Having been fined over the years for inhumane transportation of
chickens, to the tune of thousands found dead after being transported due to
excessive cold the CFIA now throws criminal charges at Maple Lodge Farms.
Coming in 2012:
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