The Chinese e-commerce platform, owned and operated by PDD Holdings, continues its meteoric rise in the US and beyond, with 41.34 million app downloads in March 2024. The platform dominated the ad space in this year’s Super Bowl and is consistently leading app store charts. What is Temu Like? You can buy almost anything you … Read more
Although Loblaw has now reinstated its popular 50 per cent discounts on perishable food, some customers say they still feel shortchanged. That’s because more than 100 Real Canadian Superstores owned by Loblaw continue to discount all food nearing its best-before date by only 30 per cent. “I was disappointed,” said Kim Siever when he recently visited his … Read more
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. and Trilogy Investments L.P. pay $2.50 per share in cash for the stake in Indigo they do not … Read more
Discount retailer Giant Tiger says contact information for some of its customers was compromised in an “incident” linked to a third-party vendor it uses. Alison Scarlett, a spokesperson for the Ottawa-based discount retailer, said it would not name the vendor on Monday but said Giant Tiger uses the company to manage its customer communications and engagement. Giant … Read more
Is there a good way to lay off a remote worker? Four years after remote work became the norm for a huge section of the labour force, it appears some companies are still struggling with the etiquette of letting someone go virtually. And amid a gradually cooling labour market and mass layoffs in several sectors, such as media and the tech industry, it’s … Read more
Economy Minister Nir Barkat opened a WhatsApp group with around 20 of Israel’s major retailers, asking them to lobby the head of Israel’s Competition Authority to allow them to coordinate prices in order to freeze price increases, Israeli media reported Wednesday evening. The group was closed for responses, and only Barkat, the admin, was … Read more
Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 U.S. stores after slashing the value of a rival chain it acquired almost a decade ago. Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year, along with 370 Family Dollar and 30 Dollar Tree stores over … Read more
The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents. An affidavit published through the company’s court monitor from Jordan Searle, who heads the Canadian arm, describes how troubles befell … Read more
Dollarama customers who purchased products subject to an eco fee — such as batteries, electronics, light bulbs or toys with batteries — may be eligible to claim a gift card. The Montreal law firm of LPC Avocats Inc., announced Tuesday that the proposed national settlement has been reached in a class-action lawsuit about prices advertised and charged by Dollarama … Read more
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
