Retail & Manufacturing

Walmart Canada investing $1 billion in modernization, 'store of the future'

Walmart Canada says it will invest nearly $1 billion this fiscal year on a slew of projects meant to modernize the retail giant's Canadian footprint. The spending will include more than $300 million for store remodels and renovations.

Dec 1, 2023 9:35 AM Read more >

Strong start to holiday shopping as experiences remain in focus

Retailers work to draw in shoppers as spending on gifts and décor set to decline

Nov 30, 2023 8:00 AM Read more >

Vancouver-based KITS Eyecare reports banner Cyber Monday sales

Vancouver-based eyewear company returned to profitability in its last quarter

Nov 29, 2023 1:15 PM Read more >

Liz Rodbell to take over as president and CEO of Hudson's Bay

TORONTO — Hudson's Bay says Liz Rodbell will take over as president and CEO of the company, returning to the helm after serving as president from 2013 to 2017. The Canadian retail arm of Hudson's Bay Co.

Nov 28, 2023 1:39 PM Read more >

Black Friday sales hit $4.1 billion, top last year's numbers: Shopify

OTTAWA — Shopify Inc. says this year's Black Friday sales across its merchants were 22 per cent higher than the year before. The Ottawa-based e-commerce company says businesses using its software made $4.1 billion in sales on Black Friday.

Nov 27, 2023 7:11 AM Read more >

Inflation, longer sales season weigh on shopping habits this Black Friday

TORONTO — Gerick Abaca strolled the CF Toronto Eaton Centre on Friday morning gripping three shopping bags brimming with purchases he hoped would delight his family members this holiday season.

Nov 24, 2023 11:23 AM Read more >

Vancouver's MEC plans to double store count by 2029

U.S. firm bought the venture out of creditor protection during the pandemic

Nov 22, 2023 8:00 AM Read more >

Daiya Foods shakes up executive team

Hajime Fujita replaces Michael Watt as CEO

Nov 21, 2023 3:30 PM Read more >

Do your research for Black Friday, because not every deal is a good one, experts warn

The barrage of Black Friday advertisements might have many tempted to whip out their wallets, but experts caution against unnecessary discretionary purchases this year amid inflation and the skyrocketing cost of living.

Nov 21, 2023 7:00 AM Read more >

Black Friday, Cyber Monday shoppers to focus on quality, timing this year: experts

TORONTO — For Harley Finkelstein, Black Friday and Cyber Monday are akin to the Super Bowl. Staff at his e-commerce software company Shopify Inc.

Nov 20, 2023 4:15 PM Read more >