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

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

Global passenger battery EV sales to reach 10 mn units in 2023

New Delhi: The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year) in the third quarter this year, a report showed on Monday, adding that annual BEV sales are expected to reach almost 10 million in 2023. Although China maintained its position as the top global market for BEVs, the … Read more

Step inside the secretive world of toymakers

At a $3-billion toy company in downtown Toronto, kindergarteners file in with parents and siblings, clad in snowsuits and ready to offer their expertise. They pass a toy museum decked out with Paw Patrol toys, Tech Decks, Bakugan and more, and eventually arrive at a small room with a large two-way mirror. Soon, they’ll be … 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

Kid Rock Tells Tucker Carlson His Bud Light Boycott Is Over

It’s been a rocky year for Anheuser-Busch InBev-owned Bud Light following the company’s partnership with transgender influencer Dylan Mulvaney, which led to calls for a boycott and a subsequent decline in sales. Now, musician Kid Rock — who vented his frustration with the brand by firing at cases of Bud Light with a rifle — … 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

Grocery code of conduct will raise prices, not lower them, Loblaws and Walmart tell lawmakers

The head of Canada’s biggest grocery chain says the looming implementation of the grocery code of conduct would lead to higher prices for consumers, not lower ones. Speaking at a House of Commons agriculture committee meeting on Thursday morning on stabilizing food prices, Galen Weston, executive chairman of the Loblaws group of companies, said his … Read more