Dupes have become more popular with young consumers. Are they really a good bargain?

But does the I-want-it-now consumer mentality mean dupes are generally of poorer quality? How good a bargain are dupes, really? To get some answers, Talking Point puts some products to the test. It also delves into dupe culture in a two-part special and goes to China — where many dupes originate — for an inside … Read more

Canada Goose is laying off 17 per cent of its global corporate staff

Luxury parka maker Canada Goose says it is laying off 17 per cent of its global corporate workforce. CEO Dani Reiss wrote in a LinkedIn note Tuesday that the job cuts are meant to put the company in a better position for scaling and will help the Toronto-based business focus on efficiency and key brand, design … Read more

Consumer commission imposes Rs 35,000 fine on Amazon, retailer

New Delhi: Observing that Amazon does not have an appropriate grievance redressal mechanism and has “one-sided oppressive” sale terms, a consumer commission here has imposed a fine of Rs 35,000 on the online seller and one of its retailers for deficiencies in services. The commission has also directed Amazon to provide a foolproof and transparent … Read more

Why Boeing’s woes could push up airline prices for consumers

Boeing’s problems since the United Airlined door blowout have been constant – now travelers face cancelled routes and fare hikes this summer. Since a door plug blew out of a Boeing 737 Max during an Alaska Airlines flight in January, Boeing has lurched from crisis to crisis – and it stock has fallen by a quarter. While they … Read more

Service tax may cost logistics sector its competitive edge, says think tank

PETALING JAYA: The recent implementation of 6% service tax on logistics services has caused confusion and apprehension within the industry nationwide, says the Institute of Strategic Analysis and Policy Research (Insap). “The SST on local freight is a hidden tax hike on consumers which, according to Sabah Freight Forwarders and Logistics Association president Datuk Johnson … Read more

Canadian economy not in recession, but 2023 was one of its weakest recent years

The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses. Statistics Canada reported Thursday that real gross domestic product increased by an annualized rate of one per cent, beating economists’ expectations and the Bank of Canada’s forecast for the final … Read more

Ontario electronics retailer Factory Direct to liquidate stores

Toronto Court documents show the discount electronics and home goods retailer wanted to close its 14 stores in the province because it has found the business is “no longer viable.” Discount retailer says business is ‘no longer viable’ The Canadian Press · Posted: Feb 16, 2024 11:43 AM EST | Last Updated: 5 hours ago … Read more

How green are those Stanley tumblers that everyone wants thanks to TikTok?

A gigantic tumbler that purportedly keeps drinks cold even if it’s left in your burning car is the stainless steel status symbol of the moment.  The 40 oz. Stanley Quencher H2.0 Flowstate tumbler (that’s 1.18 litres for us metric system folks) has become so popular that people are willing to wait outside Target stores overnight … Read more

After a tough year, Aritzia banks on U.S. expansion to keep growth humming

Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of the woods after a challenging year saw the company’s red-hot hype start to simmer down.  The clothing chain announced its latest quarterly earnings on Wednesday after … Read more