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Retail & Manufacturing
Retail & Manufacturing
Hudson's Bay to shed 2% of corporate workforce amid 'strategic realignment'
TORONTO — Hudson's Bay is laying off two per cent of its corporate workforce, estimated to be about 250 employees, largely within Canada.
Jan 24, 2023 12:21 PM
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Discount grocers to outperform conventional stores amid surging inflation: Report
TORONTO — A new report says discount grocery stores are set to outperform conventional supermarkets in 2023.
Jan 23, 2023 10:07 AM
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Terrex, Arc'Teryx battle it out on Vancouver's West 4th Avenue
Adidas opened its second permanent Terrex-branded store in the world on Dec. 24
Jan 20, 2023 2:50 PM
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Canadian retail sales fell 0.1 per cent to $61.8 billion in November
Canadian retail sales edged down in November amid a broad consumer spending pull back as the rising cost of living continued to erode purchasing power. Statistics Canada said Friday retail sales dropped 0.1 per cent to $61.8 billion in November.
Jan 20, 2023 7:29 AM
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Hudson's Bay Company unveils 25 Zellers locations to open inside select stores
TORONTO — Hudson's Bay Company has unveiled a list of the first 25 Zellers locations to open inside select Hudson's Bay department stores across Canada.
Jan 18, 2023 10:59 AM
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B.C. promises $90M for innovative projects for forest-dependent communities
PRINCE GEORGE, B.C. — The British Columbia government is promising up to $90 million over three years to support new industrial and manufacturing projects in communities hurt by the downturn in the forestry industry.
Jan 17, 2023 3:18 PM
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Surrey food maker No Meat Factory nets US$42m investment
The four-year-old venture makes vegan plant-based food
Jan 12, 2023 7:00 AM
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Aritzia reports record revenue in third quarter, profit of $70.7 million
Aritzia Inc. says it had record quarterly revenue in its third quarter as it made gains company wide including notable growth in the U.S. and online. The Vancouver-based clothing retailer says net revenue of $624.6 million for the quarter ending Nov.
Jan 11, 2023 2:56 PM
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Bricks-and-mortar retail merges into omnichannel space
In-person shopping now an essential sector of total retail marketing environment
Jan 10, 2023 9:06 AM
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Lululemon raises revenue guidance, but lowers expectations for gross margins
VANCOUVER — Lululemon Athletica Inc. raised its revenue guidance for its fourth quarter, but lowered its expectations for its gross margins. The company, which keeps its books in U.S.
Jan 9, 2023 7:08 AM
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