canada

Retail
Pier 1 Enters Chapter 11, Pursues Sale

After months of speculation about its ability to continue operating, Pier 1 Imports has filed for Chapter 11 bankruptcy protection as it pursues a sale of the business. The company also said it would complete the previously announced closure of up to 450 store locations in the process, which includes the closure of all its stores in Canada.

Retail
Lamps Plus Rolls Out Canadian Site

Lamps Plus has expanded operations into Canada with the launch of LampsPlus.ca. The new site has been optimized for e-commerce via desktop, tablet and mobile and was specifically designed to provide a localized experience in the country.

Retail
Sears Canada Files For Bankruptcy

After recently reporting another deep loss in its first quarter, troubled Sears Canada has filed for bankruptcy protection and is closing some stores and reducing its workforce as it attempts to restructure.

Retail
Walmart: Momentum, Investments Will Drive Results

As part of its 2016 investment community meeting, Wal-Mart Stores said it plans to outline the company’s strategic framework to its omnichannel strategy, which includes continued investment in digital products and integration of Jet.com into more comprehensive Internet operations.

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