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Retail & Manufacturing

KITS Eyecare CEO channels Amazon, focuses on growth before profit

KITS Eyecare CEO channels Amazon, focuses on growth before profit

Revenue at the e-commerce eyewear seller jumped 21 per cent in the quarter, 32 per cent year-over-year
B.C.-based Kal Tire names new president

B.C.-based Kal Tire names new president

New Era for Kal Tire: Corey Parks appointed President, aims to enhance global operations
Major grocers expanding discount footprint as customers keep budgets tight

Major grocers expanding discount footprint as customers keep budgets tight

Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living.
First robot bubble tea shop in B.C. to open in Richmond

First robot bubble tea shop in B.C. to open in Richmond

Robotic arm technology looks to shake up the local bubble tea industry
'Nobody needs an extra coat': Apparel sector braces for another year of no splurging

'Nobody needs an extra coat': Apparel sector braces for another year of no splurging

TORONTO — Despite an unseasonably warm winter, there's a chill across the Canadian retail landscape.
Why Canadians see the biggest grocers as the villains of food inflation

Why Canadians see the biggest grocers as the villains of food inflation

Galen Weston may not be the president of grocery giant Loblaw anymore, but you wouldn’t know that based on how often his name and face appear in connection with the company: in memes, on social media, and now emblazoned across the top of a new Reddit
December retail sales gain likely won't last as StatCan sees January sales falling

December retail sales gain likely won't last as StatCan sees January sales falling

OTTAWA — Retail sales in December came in slightly stronger than economists were expecting, driven by strong sales for new cars and parts. Statistics Canada reported retail sales rose 0.9 per cent to $67.
Canadians' grocery shopping habits increasingly driven by discounts and deals: report

Canadians' grocery shopping habits increasingly driven by discounts and deals: report

HALIFAX — Almost two-thirds of Canadians say they have switched their primary grocery store in the past year to score better deals.
Statistics Canada says manufacturing sales down 0.7% in December

Statistics Canada says manufacturing sales down 0.7% in December

OTTAWA — Statistics Canada says manufacturing sales fell in December, weighed down by production slowdowns for retooling at some auto assembly plants in Ontario. The agency says manufacturing sales fell 0.7 per cent to $71.
Tim Hortons parent reports Q4 profit and revenue up but warns of 'softening' in China

Tim Hortons parent reports Q4 profit and revenue up but warns of 'softening' in China

TORONTO — Restaurant Brands International Inc.