When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signaled corporate boards are more ready to toss top executives before activist investors tell them to act. The tenure for U.S. retail and packaged goods company CEOs has this year on average been about 7 months shorter … Read more
Thousands of Oasis fans waited long hours in virtual queues this weekend to get their hands on tickets for the British band’s reunion shows next summer, only to find that prices had been hiked as part of a “dynamic pricing” scheme. Many fans who waited for more than three hours thinking they would pay the … Read more
Sales of strong hybrid vehicles are growing in high double digits, sharply outpacing a sluggish Indian auto market where demand for both fossil-fuel and electric vehicles have slowed this year. To be sure, the growth in strong hybrid vehicle sales is on a small base but the shift in market dynamics underscores growing consumer appetite … Read more
Canada’s annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said inflation increased at the slowest pace in more than three years, since March 2021. The deceleration was attributed in part to lower prices for travel as compared to a year earlier, when travel … Read more
Canadian home sales dipped by 0.7 per cent in July from the month before, the Canadian Real Estate Association said on Thursday. But monthly sales activity was 4.8 per cent higher than it was during the same period a year earlier. The number of newly listed properties increased 0.9 per cent month over month, led by a … Read more
The good news for fans is that they can shop the brand at its first offline retail space – a pop-up on the second floor of Central Market open from July 20-24. Trying before you buy never sounded so good. 93 Queen’s Rd, Central 2. Woke Up Like This Founded in 2019 by Hong Kong … Read more
Whenever you pass through the cash register at a grocery store, the price of everything in your shopping cart — from discounted chicken to strawberries on promotion — is collected by the retailer and sent to Statistics Canada. That’s just one of several ways the data agency tracks the spending reflected in its consumer price index, or CPI: Canada’s most comprehensive … Read more
Australian consumers shopping at Aldi are paying 25% less for grocery items compared with Coles and Woolworths, which charges near-identical prices, a study by the consumer advocacy group Choice has revealed. In the report, Choice states the price difference for a basket of 14 items, including apples, bread, milk and cheese bought at the two … Read more
Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Would you sign a gag order to get compensation from your bank? Guanghu Cui of Oakville, Ont., refused to sign a non-disclosure agreement to get financial compensation in a dispute with his … Read more
Taking a trip to Europe to see Taylor Swift perform may not seem like an intuitive financial decision — but tickets to a concert in Canada are so expensive some fans are finding that’s a better deal. Bryan Kingston couldn’t believe it when he snagged floor seats to an upcoming show in London, U.K., for $500 … Read more
