Loblaws will no longer offer 50% discount on expiring food products

If you’ve been trying to save money on your grocery bill by waiting until food is marked down to 50 per cent, get ready for some sticker shock on your next visit to a Loblaw-owned grocery store. According to an email from Loblaw Companies Ltd. reviewed by CBC News, it will no longer discount perishable foods like meat, … Read more

From corny jokes to job applications, ChatGPT’s new store is selling specialized AI software

Prominent artificial intelligence company OpenAI has launched a new way for developers to sell and distribute their own, custom versions of AI software through an online store, with industry participants and watchdogs saying it could change how businesses and consumers use the technology. The GPT Store will include personalized artificial intelligence applications, and will let users discover and build versions … Read more

Bowled over: Why some Canadians are feeling duped by their breakfast cereal

Ken Bennett, an avid hiker and recreational hockey player, wanted a cereal packed with protein. So last month, he picked up Kellogg’s Vector. Bold lettering on the box declares that it has “high protein” — more specifically, that it “provides 13 g of protein” per serving.  “[It’s] actually pretty high for a breakfast cereal. That’s why I bought it,” said … Read more

The gold rush is back — and now at a big-box store near you

Warehouse stores in Canada aren’t just selling large quantities of toilet paper these days — gold bars and coins and other precious metals are moving out of the realm of banking and jewellers and into their aisles. With gold hitting record-high prices in recent weeks, the metal’s popularity has been reflected at retailers, too. According to Costco’s chief financial officer, … Read more

In the market for a diamond? Stones that are manufactured, not mined, are gaining in popularity

When Evelyn Schaffer first saw her engagement ring, she was speechless. It was a 0.76-carat, oval-cut stunner — and she said no one has been able to tell that the diamonds were created in a lab. “I’ve never seen anything like it and it’s gorgeous,” Schaffer said. “The lab-grown diamonds are actually more sparkly in my … Read more

As the holidays approach, Canadians say they’re being tipped over the edge

Cathy Khalil recently tipped five bucks on an $18 box of doughnuts at one Ottawa store — and says she has no regrets. “I think when people see [the options on the debit machine] they feel obligated, sometimes, to tip,” Khalil said. “[But] I’m not tipping for the sake of tipping. I’m tipping because I want … Read more

Toymaker Hasbro will cut 900 jobs in addition to earlier layoffs

Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15 per cent of its workforce amid weaker sales. Hasbro had said in January it would cut about 1,000 full-time positions. On Monday, the company said it had already cut 800 jobs. Hasbro had employed … Read more

Grocers’ code of conduct won’t work unless all companies sign on, Metro CEO tells MPs

All major industry players need to sign on to the grocery code of conduct in order for it to be successful, said Metro Inc. president and CEO Eric La Flèche. La Flèche told MPs Monday at a House of Commons agriculture committee meeting on stabilizing food prices that Metro is willing to sign the code of … Read more

Deal to lower Visa, Mastercard processing fees will come up short for many retailers, critics say

The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal doesn’t go nearly far enough. The deal concerns what is called an interchange fee, also known as a “swipe fee,” which sets aside a percentage … Read more