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Retail & Manufacturing
Retail & Manufacturing
Indigo agrees to go private after sale to holding company
TORONTO — Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder. The retailer says its agreement will see Trilogy Retail Holdings Inc.
Apr 3, 2024 7:44 AM
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Grocery code of conduct won't drive prices higher, Sobeys chief executive says
TORONTO — There’s no evidence that a grocery code of conduct would raise food prices for 91Ô´´s, said Empire Co. Ltd. chief executive Michael Medline.
Apr 2, 2024 10:01 AM
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North Saanich De Havilland plant expands as orders ramp up for firefighting planes
The local employee count doubled to about 300 in recent months, says De Havilland Canada’s vice-president for corporate affairs
Apr 2, 2024 5:45 AM
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Lululemon shares sink on disappointing outlook, slowdown in U.S. business
Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a U.S. slowdown. The 91Ô´´-based athletic apparel retailer's fourth quarter, which ended Jan.
Mar 22, 2024 11:58 AM
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Statistics Canada reports retail sales down in January as new car sales fell
A retreat in new car purchases helped push the country's retail sales down 0.3 per cent to $67 billion in January, Statistics Canada said Friday.
Mar 22, 2024 7:28 AM
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Lululemon earnings rise to US$669.5 million in the fourth quarter
VANCOUVER — Lululemon Athletica Inc. says it earned US$669.5 million in its fourth quarter, up from US$119.8 million a year earlier. The 91Ô´´-based clothing company's revenues for the fourth quarter were US$3.2 billion, up from US$2.
Mar 21, 2024 3:22 PM
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Industry urges governments to commit to ongoing EV rebates
Quebec government's planned phase-out of its EV rebates have industry players fearing B.C. could follow suit.
Mar 20, 2024 10:30 AM
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Cannabis use twice as high among younger 91Ô´´s, survey shows
Dried leaf, or flower, is the most popular cannabis product category, followed by edibles.
Mar 18, 2024 4:20 PM
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As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses
TORONTO — The usual sight of green-clad revellers celebrating St. Patrick's Day is expected across Canada on Sunday — but compared with a decade ago, fewer of them will be indulging in alcohol.
Mar 15, 2024 7:20 AM
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Manufacturing sales up 0.2 per cent in January: Statistics Canada
OTTAWA — Canada's manufacturing industry saw a slight lift in January as sales edged upward, the country's data agency said Thursday. Statistics Canada's latest data shows manufacturing sales rose 0.2 per cent to $71.
Mar 14, 2024 8:43 AM
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