stores

Three men nabbed for nine convenience store robberies in Hulu Selangor and Gombak

by

HULU SELANGOR: Three men believed to be involved in at least nine convenience store robberies in the district and Gombak, were busted. Hulu Selangor OCPD Supt Ahmad Faizal Tahrim said police raided a house in Kuang at about 3am on Sunday (April 21) and detained three local men aged between 23 and 32. “We seized … Read more

Despite backlash, some Loblaw stores still discount perishable food by 30% — not 50%

by

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

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

by

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

Discount retailer Giant Tiger says customer data was compromised in third-party breach

by

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

Dollar Tree is closing nearly 1,000 U.S. stores a decade after ‘botched’ acquisition

by

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

Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

by

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

The Body Shop Canada to close 33 stores, end online sales

by

The Body Shop Canada will close nearly a third of its stores and end online sales as it seeks creditor protection, the Canadian subsidiary of the U.K. beauty and cosmetics shop announced Friday. A court filing showed the company owes more than $3.3 million to unsecured creditors and about $16,400 to secured creditors. The company did not say how many … Read more

Ontario electronics retailer Factory Direct to liquidate stores

by

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

Loblaw ending 50% discount on some food items raises concerns about anti-competitive behaviour

by

The revelation that Loblaw will end its 50 per cent discount on perishable foods like meat, fruit and vegetables as they near their best-before dates should attract the attention of Canada’s Competition Bureau, says one industry expert.  Prof. Sylvain Charlebois, the director of Dalhousie University’s Agri-food Analytics Lab, believes the action taken by the grocery chain to align its policy with other food retailers might be … Read more