Thursday, 29 January 2015

The Story of Target Canada: From Arrival to Disaster

Target Arrives in Canada
Amid speculation around prices, competition and the retail industry climate; Target begins its journey across Canada, projecting the opening of 150 stores by the end of 2017
Target's arrival in Canada a game-changer for retailers at home and afar
December 11, 2012
www.canadianbusiness.com

Canadian Tire, Loblaw in 'battle mode' ahead of Target arrival
February 17, 2013
www.theglobeandmail.com

Target arrives in Canada
March 5, 2013
www.news1130.com


The Problems Begin 
The retailer endures mounting criticism for its Canadian operations. Lack of stock, product selection, pricing problems, and disorganization rank high on the list of complaints
Target's trouble stocking shelves due to outdated system
March 5, 2013
www.thestar.com

Target Canada still plagued by price perception problems as sales fail to meet expectations
October 30, 2013
www.business.financialpost.com

Target Canada's failed launch offers lessons for other retailers
July 21, 2014
www.cbc.ca

Target Lowers Outlook Amid 'Continuing Train Wreck In Canada'
August 6, 2014
www.huffingtonpost.ca

 The End of Target Canada
In January 2015, Target Canada files a notice to its creditors of an intention to commence court-supervised restructuring proceedings (C.C.A.A., Canada's equivalent to Bankruptcy), and begins preparations for its exit from Canada and the closure of all Canadian operations.


Litany of problems pushes Target into giving up on Canada
January 15, 2015
www.chicagotribune.com

Target to Exit Canada After Two-Year Effort Fails - 5th Update
January 15, 2015
www.nasdaq.com

Target Corp: A timeline of the retailer's failed Canadian experiment
January 15, 2015
www.business.financialpost.com



Tuesday, 27 January 2015

New Infographic from CTVNews.ca


New infographic from CTVNews examines recent Canadian retail bankruptcies and asks the difficult question:





Thursday, 8 January 2015

New Globe and Mail Article on Export and Receivables Insurance

Marjo Johne presents the benefits of an accounts receivable insurance policy to exporters and growing businesses in Exporters: Receivables insurance can make the banks sit up and take notice, a new article published on December 29th. Johne presents compelling reasons for businesses, especially exporters, to look into credit insurance.
What is receivables insurance? Is it right for your company? 

Wednesday, 7 January 2015

Globe and Mail Post Retail Outlook Video for 2015

Marina Strauss, Retailing Reporter for the Globe and Mail, outlines predictions for this year 2015 in Canadian retail

New Article in Canadian Insurance Top Broker

An informative article was published in Canadian Insurance Top Broker recently which outlines the growth of Trade Credit Insurance in Canada. 
Written by Ronan O'Beirne, Receivables Insurance: A Golden Opportunity is full of useful information and absolutely worth the read.

Thursday, 18 December 2014

ANNOUNCEMENT!

*GSA is Opening a Toronto Location*

Building on 20 years of success in Quebec, GSA is opening in Toronto. We are proud to introduce Ron Magee, our new Toronto broker.
Ron has over twenty years of experience in the financial and insurance industries and is poised to offer you his expertise and exceptional customer service across Ontario.

Gerald Shtull & Associates
Ontario Office - Ron Magee, Broker
Phone: 905-235-5523
Mobile: 416-884-0254
Fax: 1-866-731-3099
Email: rmagee@gsabroker.com
Web: www.gsabroker.com

What is Trade Credit/ Receivables Insurance?
PROTECTION FROM YOUR BUYER'S INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS DUE TO:
  •  C.C.A.A. (Canada)
  • Chapter 7, Chapter 11 (USA)
  • Non-payment (past-due)
  • Refusal to accept goods
If you are a manufacturer, importer/exporter, service provider, or distributor, ask about receivables insurance today. 

It's protection that could save your business.



 

Wednesday, 24 September 2014

Happy Holidays




 L'Shanah Tovah

Wishes for a sweet and joyous new year

From our family to yours
-Gerald Shtull & Associates-

Tuesday, 23 September 2014

Le Journal De L'Assurance interviews GSA brokers





Le Journal De L'Assurance recently interviewed two brokers from Gerald Shtull & Associates. Commercial-lines damage insurance brokers Tiziana Pitino and Christine Richard answered questions about trade credit insurance, market conditions, and the benefits of protecting your receivables.