Retail Canada

• Retail sales ‘momentum is clearly slowing’ amid interest rate hikes

  Statistics Canada says retail sales rose 0.2 per cent to $66.0 billion in May, helped by gains at new car dealers and grocery stores.

  Economy

  Jul 21, 2023
  
• Indigo says changing consumer habits, cyberattack dragged down earnings

  Indigo said cooling consumer spending compounded the effects of a ransomware attack against the company in February, dragging down its earnings amid a board of directors shakeup.

  Tech

  Jun 28, 2023
  
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• Consumer spending holds strong as retail sales climb

  Statistics Canada says retail sales rose 1.1 per cent to $65.9 billion in April as gains at general merchandise retailers and food and beverage stores led the way higher.

  Economy

  Jun 21, 2023
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• Roots sales are down on lower demand for its sweatpants

  Roots chief executive Meghan Roach says the results aligned with the company's internal projections and reflected a challenging economic environment.

  Money

  Jun 8, 2023
• Grand & Toy launches ‘brand refresh’ as retailer adapts to changing workplace 

  Grand & Toy has spent nearly a decade returning to its 141-year-old roots as a business-to-business supplier of office products and services.

  Consumer

  Apr 30, 2023
• Roots sees Q4 sales at stores, online fall amid economic headwinds

  Roots Corp. reported its fourth-quarter profit fell compared with a year ago as its sales also moved lower.

  Money

  Apr 5, 2023
• End of free returns? What to know as some Canadian retailers offer eco-friendly options

  Online shopping and ensuing returns produce a lot of waste as some returned items end up in the landfill because of the costs involved with inspecting and re-stocking items.

  Consumer

  Feb 20, 2023
• Dollarama Q3 sales surge amid ‘higher than historical demand’ for consumable products

  Dollarama's CEO said as inflationary pressure on consumers persist, the company expects strong demand for consumable products to keep stimulating topline growth.

  Money

  Dec 7, 2022
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• Dollarama, Winners among retailers driving up occupancy rates: RioCan CEO

  RioCan Real Estate Investment Trust says supermarkets, pharmacies and discount retailers are driving growth in its occupancy rates.

  Money

  Nov 4, 2022
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• How Aritzia maintains momentum in a complex retail landscape 

  Aritzia has developed somewhat of a cult following, particularly over the last decade, successfully tapping into the social media, influencer generation.

  Money

  Oct 10, 2022