Postmedia completes $1M purchase of Atlantic Canada’s largest newspaper chain

Postmedia completes M purchase of Atlantic Canada’s largest newspaper chain

Atlantic Canada’s largest newspaper chain is now officially owned by Toronto-based Postmedia Network Inc. On Monday, Postmedia confirmed the closing of its $1-million purchase of SaltWire Network Inc. and the Halifax Herald Ltd. in a short statement on its website. The sale was approved by a Nova Scotia Supreme Court judge on Aug. 8. Andrew … Read more

Trying to buy a car? Your dealership might be recovering from a cyberattack

Trying to buy a car? Your dealership might be recovering from a cyberattack

Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector. CDK Global, a company that provides software for thousands of auto dealers in Canada and the U.S., was hit by back-to-back cyberattacks Wednesday. That led to … Read more

From cult status to closure fears — what happened to The Body Shop?

From cult status to closure fears — what happened to The Body Shop?

It’s a store you know by scent. For decades, the sometimes-overwhelming aroma of The Body Shop’s satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple to the culture as the food court. The U.K.-based beauty and cosmetics shop has more than 3,000 retail locations in 70 countries, including 110 standalone … Read more

Canada Post selling off logistics business as part of effort to ‘transform’ Crown corp

Canada Post selling off logistics business as part of effort to ‘transform’ Crown corp

Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation. The sale of SCI Group Inc. to Metro Supply Chain comes as the country’s national postal service “focuses on transforming to serve the changing needs of Canadians and Canadian businesses,” says … Read more