Profits for Canadian retailers seen rising 33% this year ...
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OTTAWA (CP) - Profits at Canadian retailers are forecast to rise by nearly one-third this year, according to a report by the Conference Board of Canada.
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Food and drinks firm C&amp;C Group today said profits had risen 6% despite bad weather and the public smoking ban. C&amp;C, formerly known as Cantrell &amp; Cochrane, said operating profits had increased to â¬64.
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Canada&#39;s major banks begin reporting third-quarter earnings this week and analysts will be looking to see whether they can repeat the strong showing from the second quarter.
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The online retailerâs revenue was up 42 percent in its fourth quarter and its profits more than doubled, but its  profit margins were lower.
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Kohl's Corp. reported a 29.3 percent profit increase in the fourth quarter, as the midlevel retailer benefited from strong sales of its exclusive brands.
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Shoppers Drug Mart Corp., Canada&#39;s biggest pharmacy chain, said third-quarter profit rose 21 percent to C$92.5 million ($77.3 million).
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British computer and video games  retailer Game Group Plc  said it expected its full-year  profit to be ahead of an average market forecast after  continued strong sales in the run-up to Christmas, boosting its  shares.
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The online retailerâs revenue was up 42 percent in its fourth quarter and its profits more than doubled, but its profit margins were lower.
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Canadian Tire Corp., the country&#39;s biggest retailer of auto supplies and sporting goods, said third- quarter profit rose 17 percent as customers put more purchases on the company&#39;s credit card.
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Retail sales edged ahead 0.2 per cent in June as gains at auto dealers and pharmacies offset weather-related weakness in most of the nation&#39;s other major sectors, Statistics Canada said Monday.
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Wal-Mart Stores Inc. WMT.N, the  world's biggest retailer, reported a 13 percent rise in  quarterly profit on Tuesday, in line with expectations, and  raised its outlook for the full year.
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Online retailers sold $14.8 billion worth of goods and services between Nov. 1 and Dec. 26, a 29 percent increase over the comparable period in 2003, according to statistics released this week by ComScore Networks. The increase was particularly pronounced in the week before Christmas. -The Washington Post
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Wal-Mart&#39;s (WMT:NYSE - news - research) third-quarter earnings rose 13% from a year ago, boosted by double-digit revenue gains in its international segment and tight cost controls.
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Top US retailers reported double-digit profit gains in the third quarter, with industry titan Wal-Mart Stores Inc. leading the pack and brightening its outlook for the key holiday season underpinned by the recent drop in oil prices.
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Clothing retailer Limited Brands Inc.  LTD.N on Thursday posted a sharply higher quarterly profit,  lifted by a rise in sales at stores open at least a year.
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The retailer's earnings improve a lot despite soft sales.
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TORONTO (CP) - Canadian Tire reported a 17 per cent jump in quarterly earnings on Thursday, boosted by higher sales and improved business at the financial services business.