Dollarama reaches $2.5M settlement in class-action suit over pricing

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

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

Build-A-Bear’s ‘after dark’ sexy animals sparks outrage

This is em-bear-assing. Build-A-Bear’s stuffed animals targeting “kidults” — with some dressed in bikinis and others wearing a Hugh Hefner-style robe while pouring champagne — has led some critics to slam the child-friendly company. The St. Louis, Mo.-based toy company rolled out the risque accessories for their stuffed bears as part of a Valentine’s Day … Read more

Harry Rosen, founder of Canadian menswear chain, dies at 92

The founder of Canadian men’s clothing retailer Harry Rosen Inc. has died at 92. Rosen opened his first made-to-measure menswear store on Parliament Street in Toronto in 1954 along with his brother Lou and ran the company for 51 years until his son, Larry Rosen, became chair and CEO in 2005. In a statement, Larry confirmed his father’s passing … Read more

Mastermind Toys customers warned to use gift cards by Dec. 24 as company is set to change hands

Mastermind Toys shoppers have less than a week to redeem store gift cards.  The Canadian toy retailer announced earlier this month that it had signed an asset purchase agreement with Unity Acquisitions Inc.  Mastermind filed for creditor protection under the Companies’ Creditors Arrangement Act (CCCA) on Nov 24. Customers are now being told their gift cards will not be honoured … Read more

Dollarama sales, profit way up after growing total number of stores

Dollarama reported its third-quarter profit and sales rose compared with a year ago and raised its guidance for comparable-store sales. The retailer says it earned $261.1 million or 92 cents per diluted share for the 13-week period that ended Oct. 29, up from a profit of $201.6 million or 70 cents per diluted share a … Read more