Content about Economy of Canada

Walmart has teamed with Rogers Media to create a new print and digital property called Walmart Live Better that will be distributed for free in Canada.

One million copies of the magazine hit the market this week and the content is also available in a variety of digital formats.

Sam’s Club this week opened a new 136,000-sq.-ft. club adjacent to a Walmart supercenter in La Marque, Texas.

The club, built in 1991, was relocated from neighboring Texas City. The communities are located along I-45 southeast of Houston en route to the coastal community of Galveston. The new club, Sam’s first of the year, is one of an expected 15 to 20 new units this year that mark Sam’s most aggressive expansion in roughly a decade. Sam’s ended last year with 620 clubs and sales of $56.4 billion.

 NEW YORK — Walmart stores will be the exclusive retailer of a new adventure from Thomas the Tank Engine beginning April 9, 2013.

The new DVD, Thomas & Friends: Railway Mischief, features five brand new episodes and a bonus, collectible “Calling All Engines” poster. There are also bonus features including a hide and seek game, a music video and a "Guess Who?" puzzle. 

The DVD will be sold for a suggested retail price of $14.98.

TORONTO, ONTARIO —  The Canadian arm of the United Food and Commercial Workers union has taken aim at Target for its alleged unfair treatment of former Zellers workers.

The union claims that Target, which is converting 189 Zellers stores, is not giving former employees a fair shake in the hiring process and that many have been turned down for employment without reason.

TORONTO — Canadian consumers eager to get their hands on a Target loyalty card can now apply for one. Target Canada announced that pplications for its REDcard products - the Target Debit Card and the Target RBC‡ MasterCard - are now available online at Target.ca/redcard. Guests planning to shop at Target stores in Canada with a REDcard will receive an additional 5% off Target's already low prices, applied instantly at the time of purchase.

Organized labor was dealt a setback in its attacks on Walmart on Thursday when the National Labor Relations Board sided with the retailer in a dispute involving the United Food and Commercial Workers.

The UFCW reached a settlement with Walmart stemming from demonstrations the union organized at various Walmart stores on Black Friday. The protests received considerable media attention at the time as the union sought to persuade Walmart employees to walk off the job on the busiest day of the year.

Walmart’s store count in Canada will increase by nine units during the coming fiscal year following an exceptional rate of growth in 2012.

FRAMINGHAM, Mass. — The TJX Companies has acquired Sierra Trading Post, an off-price Internet retailer based in Cheyenne, Wyoming, for approximately $200 million in cash.

The purchase was financed from TJX’s existing cash balances.

CAMBRIDGE, Mass. — Target should be feeling confident about its upcoming entry into Canada, as a recent survey from Kantar Retail and TNS Canada revealed that 75% of Canadians are aware of the retailer.

Furthermore, 43% of Canadian consumers said that they were likely to shop at Target Canada for grocery or health and beauty aids and 50% were likely to shop at Target Canada for general merchandise or apparel.

Morrisville, N.C. -- Lowe’s Cos. Inc. said Monday it has withdrawn its bid to purchase Canadian home-improvement retailer Rona Inc.

The $1.86 billion unsolicited acquisition proposal had earlier been rejected by Quebec-based Rona, which said the offer was not the best deal for its shareholders. The proposal generated discord among Rona’s dealer companies, many of whom threatened to sever their ties with Rona should Lowe’s succeed in its acquisition attempt.

PHOENIX and MIAMI — Visitors to Walmart this fall have the opportunity to learn about Straight Talk Wirelsss and support the Make-A-Wish foundation in the process.

The company announced that for every shopper who participates in a demonstration of a Straight Talk Wireless Android smart phone. it will donate $1 to Make-A-Wish, with the ultimate goal of $1,000,000. The event will take place over four consecutive Saturdays starting September 22, 2012 at over 3,000 participating Walmarts under the banner "One Minute One Million."

MISSISSAUGA, Ontario — The first of 39 former Zellers stores Walmart bought from Target in Canada celebrated its grand opening as a Walmart store earlier this month.

According to Walmart Canada, the 69,000 sq. ft. store located in Newmarket, Ontario, will feature easy-to-navigate aisles with directional signage, and a bright interior color palette to define the store's merchandise areas along with lower shelving to improve sightlines. The store will also conain a pharmacy.