Description: Despite the increasing number of retailers that have recently shut shop, Hudson’s Bay Company is betting big on retail stores. It is opening seven Saks full-line luxury department stores in Canada, in addition to 25 Saks Off Fifth sores. Source: BNN Date: June 03, 2015 Video Link: http://www.bnn.ca/News/2015/6/3/HBC-bets-big-on-retail-bricks-and-mortar.aspx Questions for Discussion: 1. In… Read more »
Posts Tagged: Globalization (pp120-121)
Alibaba’s Tremendous Start on the New York Stock Exchange
Description: Alibaba, a Chinese e-commerce company, had an amazing opening to its initial public offering on the New York Stock Exchange, making it one of the biggest U.S.-listed initial public offering in history. At its present market value, Alibaba is larger than some of the most successful technology companies in the U.S., such as eBay, Amazon… Read more »
Everyone’s not happy with Canada-S. Korea free trade deal
Description: In an important international agreement, Canada has signed a free trade deal with South Korea. This is seen as a successful move for Canadian companies who will now have access to an important Asian market. However, not all industries are happy with this deal. Source: CBC Date: March 11, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2441410168/?page=2 Questions… Read more »
Trading (Way) South of the Border
By the turn of the 20th century, Canadian banks were moving south to keep up with growing business opportunities in the Caribbean, Central America, and South America. A century later, only a handful of Canada’s biggest companies are actively engaged in business in the Southern Hemisphere. For its part, the Canadian government recognizes this is… Read more »
Hu’s In Town
Chinese President Hu Jintao visited the Chicago area for four days. His stops included a very formal dinner with Chicago Mayor Richard Daley, Walter Payton Prep School, and suburban Woodridge (a town even native son Barack Obama has not visited). Big deals were made – the Chinese agreeing to purchase Midwestern soybeans for $1.8 billion…. Read more »
