3 d. ago Groupe Dynamite shares jump as retailer boosts sales forecast

Groupe Dynamite Inc.’s shares jumped by about 16 per cent on Wednesday as the market responded to the retailer posting a jump in second-quarter profit and hiking its full-year sales forecast. The company reported net income of $63.9 million for the quarter, up from $40.4 million a year earlier, which came as the Montreal-based business […]

Other

3 d. ago Summer promotions boost Roots sales but didn’t keep retailer from $4.4M net loss

TORONTO — A handful of summer promotions helped Roots Corp. achieve a 6.3 per cent jump in sales in its most recent quarter but wasn’t enough to deliver a profit to the retailer. The Toronto-based apparel maker said Wednesday its second-quarter net loss narrowed to $4.4 million compared with a $5.2-million loss a year earlier. […]

Economics

8 d. ago Lululemon’s woes mount on weak demand, hit from Trump policies

The Vancouver-based retailer now projects sales in the range of $2.47 billion to $2.5 billion for the third quarter

Events

1 week ago Ssense Lenders Seek Fast Sale of Struggling Fashion Retailer

Lenders to luxury fashion retailer Ssense are asking a Canadian court to allow a quick sale of the cash-starved company, with first bids due in early October.

Other

2 w. ago No decision on sale of HBC leases to Ruby Liu as judge says he has ‘a few things to think about’

Approval of the sale of the 25 leases to Liu would lead to a recovery of over $50M for HBC’s creditors and create about 1,800 jobs across Canada, a court document says

Other

2 w. ago Taylor Swift is in her engagement era. Will it give the economy a boost?

Taylor Swift and Travis Kelce's engagement announcement has garnered social media attention, but can 'Swiftonomics' deliver a boost for retail sales?

Other

2 w. ago Dollarama sales rise 10% as discount retailer expands to Australia, Mexico

Earnings include sales from The Reject Shop deal, first Dollarcity store in Mexico and 27 new Dollarama locations in Canada

Other

2 w. ago Hudson’s Bay wants to sell leases to billionaire to appease lender: landlords

TORONTO — Hudson’s Bay landlords say a lender’s desire to recoup cash is the only reason the shuttered department store is pursuing a plan to sell its leases to a B.C. billionaire. The Bay’s landlords say in new court documents that the retailer is keen to make a sale of 25 leases to Ruby Liu […]

Economics

3 w. ago Retail sales climbed 1.5% totalling over $70 billion in June; StatsCan

Retail sales climbed 1.5 per cent and totalled more than $70 billion in June, according to Statistics Canada, although the agency says July could show a decline.

Economics

3 w. ago Retail sales rise in June even as trade tensions hit Canadian businesses

More than quarter of businesses face price increases, changing demand and supply chain delays

Economics

3 w. ago TILT Holdings Announces Closing on Sale of Massachusetts Dispensaries to In Good Health

SCOTTSDALE, Ariz., Aug. 18, 2025 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA:TILT) (OTCID: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today the closing of the sale of two of its Massachusetts dispensaries to In Good Health. The […]

Science

4 w. ago Charting the Global Economy: US Retail Sales Point to Resilience

US retail sales posted solid advances in consecutive months for the first time this year, tempering concerns of a retrenchment in spending as consumers remain unsettled by the potential for tariff-induced inflation.

Culture

4 w. ago AGCO orders immediate suspension of North Bay’s Max Multi Mart’s lottery and alcohol licences in response to human trafficking charges

TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — The Alcohol and Gaming Commission of Ontario (AGCO) has issued an immediate Order of Suspension of the lottery retail registration and alcohol sales licence for Max Multi Mart, located at 610 Lakeshore Drive in North Bay, Ontario. This action follows criminal charges laid against Hiteshkumar Patel, the owner […]

Culture

last month China’s economy lags in July under pressure from tariffs and a weak property market

BANGKOK (AP) — China’s economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world’s second-largest economy after President Donald Trump extended a pause in sharp hikes […]

Economics