Retail Roundup—Toys R Us Canada remains open; Home Depot gives out bonuses

Home Depot associate
The Home Depot announced bonuses for hourly workers. (The Home Depot)

India's rules change, making way for retailers

India removed the need for federal approval, benefiting 10 foreign retailers. While in the past companies have sought government permission to set up establishments, brands such as Fast Retailing, Tesla and Uniqlo will be able to start opening up store locations. (Bloomberg)

Toys R Us Canada to remain open

Toys R Us stores in Canada will remain open as the bankrupt retailer closes 180 U.S. stores. The company, $5 billion in debt, will continue to operate all 83 Canadian stores. (Financial Post)

Emily Morrow Home launches e-commerce site

Emily Morrow Home, known for its hardwood flooring, has expanded its e-commerce site to sell home decor. The site will cater to four categories of lifestyle designs, and a portion of all profits will go to the Kiker Morrow Finkell Foundation for Cancer Care, the nonprofit founder Emily Morrow Finkell established as a breast-cancer survivor. (PR Newswire)

Home Depot gives out bonuses to hourly workers

Home Depot has announced it will give out $1,000 bonuses to hourly workers, joining the growing list of companies offering employee perks following the U.S. federal tax overhaul. The move comes following legislation that lowered corporate taxes by 14%, from 35% to 21%. (Bloomberg)

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