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Retail & Manufacturing

Walmart Canada CEO says retailer not trying to profit from inflation

Walmart Canada CEO says retailer not trying to profit from inflation

Walmart Canada is not trying to profit from food inflation, president and CEOGonzalo Gebara told a parliamentary committee studying the issue Monday evening.
Statistics Canada says retail sales up 1.4 per cent in January

Statistics Canada says retail sales up 1.4 per cent in January

Statistics Canada says retail sales rose 1.4 per cent to $66.4 billion in January, helped by gains at motor vehicle and parts dealers as well as gas stations.
Vancouver's Duer to expand to 10 stores by year-end

Vancouver's Duer to expand to 10 stores by year-end

Comfortable chino-pant maker has enjoyed 65-per-cent annual revenue growth
Zellers opens a dozen stores in Canada amid wave of nostalgia and price sensitivity

Zellers opens a dozen stores in Canada amid wave of nostalgia and price sensitivity

Four Zellers stores set to open in B.C.
'A hilarious 5% off': Vancouverites react to Nordstrom liquidation 'sale'

'A hilarious 5% off': Vancouverites react to Nordstrom liquidation 'sale'

Will the prices come down over time?
Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

The liquidation sales at Nordstrom stores across Canada will begin Tuesday.
Roger Hardy ups stake in KITS Eyecare

Roger Hardy ups stake in KITS Eyecare

The company's CEO and chairman now has a 32.15-per-cent stake
Businesses expect slower sales in short term as cost, labour issues persist: survey

Businesses expect slower sales in short term as cost, labour issues persist: survey

The Canadian Chamber of Commerce says businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation.
McCain to spend $600M to double potato processing capacity in southern Alta.

McCain to spend $600M to double potato processing capacity in southern Alta.

TORONTO — McCain Foods says it will spend $600 million to double the size of its potato processing facility in southern Alberta.
BMO Financial Group signs deal to acquire Air Miles loyalty rewards program

BMO Financial Group signs deal to acquire Air Miles loyalty rewards program

TORONTO — BMO Financial Group announced a deal Friday to acquire the Air Miles loyalty rewards program from LoyaltyOne Co. Financial terms of the agreement were not immediately available.