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Retail Scene
Former owner of The Brick loses sales tax appeal in B.C. Court
Written by HGO Staff   
VICTORIA, British Columbia (03 September 2013) - The former owner of The Brick has lost its appeal of B.C. government order to pay more than $209,000 in penalties associated with its ‘buy now, pay later' promotion programs.
Read more...
Sleep Country opens in Halifax
Written by HGO Staff   
HALIFAX, Nova Scotia (01 August 2013) - Sleep Country Canada made its long-awaited entrance into Atlantic Canada opening the first of five stores here in the region's largest city today.
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F.I.G. opens fourth Ashley HomeStore
Written by HGO Staff   
PICKERING, Ontario (06 August 2013) - The Furniture Investment Group, led by well-known independent retailer Dennis Novosel, has opened its fourth Ashley Furniture HomeStore here in this community immediately east of Toronto.
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Hudson's Bay opens first outlet store
Written by HGO Staff   
HALTON HILLS, Ontario (01 August 2013) - Hudson's Bay Company has opened its first-ever outlet store here as an anchor tenant at the new 500,000 square foot outdoor Premium Outlet mall, which also opened for business today.
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Saks acquisition won't grow HBC's furniture and mattress sales
Written by Michael J. Knell   
TORONTO (30 July 2013) - Reaction from the financial community and retail observers to Hudson's Bay Company's (HBC) announcement to acquire Saks Incorporated, the operators of iconic U.S. department store Saks Fifth Avenue, has been generally positive with HBC shares climbing about 7% in the hours following the announcement.
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