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
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
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
A gigantic tumbler that purportedly keeps drinks cold even if it’s left in your burning car is the stainless steel status symbol of the moment. The 40 oz. Stanley Quencher H2.0 Flowstate tumbler (that’s 1.18 litres for us metric system folks) has become so popular that people are willing to wait outside Target stores overnight … Read more
Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of the woods after a challenging year saw the company’s red-hot hype start to simmer down. The clothing chain announced its latest quarterly earnings on Wednesday after … Read more
Walmart Canada says it is abandoning plans to open a new fulfilment centre in Quebec. The U.S. retail giant was due to spend $100 million on the facility slated for the Montreal-area municipality of Vaudreuil-Dorion. It was expected to open early this year. Walmart Canada spokesperson Sarah Kennedy confirmed the change of plans in an … Read more
Riverview father Rudy Walters is speaking out after Mastermind Toys stopped accepting gift cards effective Christmas Day — with signs posted on their storefronts only days before. Walters said the move raises questions about the value of gift cards and about consumer protection when a company such as Mastermind Toys heads toward bankruptcy. “I would just like to see some more … Read more
BlendJet is recalling millions of portable blenders over laceration and fire hazards after receiving dozens of reports of injuries, U.S. regulators said Thursday. The U.S. Consumer Product Safety Commission (CPSC) says the recall covers about 4.8 million blenders in the U.S. and about 117,000 were sold in Canada. BlendJet 2 Portable Blenders can overheat or catch fire, … Read more
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
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
:quality(85):upscale()/2024/05/08/157/n/3019466/be4fc4e6663c3926c422d9.58616432_.jpg)
