Brick-and-mortar retailers continue the road to downsize their number of retails stores.
Hudson’s Bay Co has made a takeover approach for Macy’s: sources and experts familiar with the matter aforesaid, an attempt to push further into the U.S. market where it already owns the Lord & Taylor and Saks Fifth Avenue Chains.
In fact, there has never been a better time to start an ecommerce business or advertise your business through online websites.
Customers now expect the process of buying online to be as seamless as purchasing the item in a store.
Gildan Activewear has won an auction to buy bankrupt clothing company American Apparel for US$88-million ($116 million Canadian).