Most Popular Retail and Manufacturing News »

1

McArthurGlen ramps up hiring as airport outlet mall

Aug 12, 2014 - London mega-mall developer targeting luxury brand-conscious shoppers and travellers Full Article

2

Lululemon founder sells half his stake as shares rise

Aug 07, 2014 - Lululemon Athletica Inc. founder Chip Wilson will sell 20.1 million shares in the yogawear giant, or 50% of... Full Article

3

Coastal Contacts founder to base 250-employee online

Jul 15, 2014 - Coastal Contacts founder Roger Hardy is re-entering the e-commerce business by buying two online shoe-sellers. Full Article



All Retail and Manufacturing

B.C. microbrew business up; big brew business down

Aug 11, 2014 - Sales soar 43.4% for breweries in B.C. that produce less than 1.5 million litres Full Article

Lululemon founder sells half his stake as shares rise after hours

Aug 07, 2014 - Lululemon Athletica Inc. founder Chip Wilson will sell 20.1 million shares in the yogawear giant, or 50% of his holding, to private equity firm... Full Article

World's first Versace Home flagship store to open in Gastown

Aug 05, 2014 - Global fashion behemoth Versace plans to cement Gastown’s reputation as a homeware destination when it opens the world’s first Versace ... Full Article

Tags: Fashion Retail

Indochino shifts business plan to include brick-and-mortar showrooms

Aug 01, 2014 - Online suit-seller Indochino opened a permanent showroom in Toronto August 1, making clear that the ecommerce player’s executives believe... Full Article

B.C. Microbrewers increase sales 43.4% as big brewers watch sales fall [with infographic]

Jul 31, 2014 - Domestic microbrewers’ 43.4% sales growth in B.C. in the year ended June 30 was not only more robust than any other beer category, it was... Full Article

Vancouver's Naked Brand underwear relocating to New York City

Jul 30, 2014 - Fresh off closing a $7.3-million private placement, Vancouver men’s underwear maker Naked Brand Group Inc. (NAKD:OTCBB) is moving its...... Full Article

Ikea illegally negotiated with workers, must pay damages to union, says Labour Relations Board

Jul 30, 2014 - Despite a Labour Relations Board ruling that Ikea negotiated a wage increase for picket line-crossing workers behind the union’s back, the... Full Article

Dollar Tree Canada parent makes US$8.5 billion acquisition

Jul 28, 2014 - The parent of Vancouver-based Dollar Tree Canada announced a major acquisition July 28: a US$8.5 billion acquisition of rival Family Dollar Stores ... Full Article

Tags: Retail

Telus plants its name on new office

Jul 25, 2014 - Telus (TSX:T) put its mark on its new downtown Vancouver building that will house 1,000 employees when it opens this fall.... Full Article

Tags: Retail

B.C. only province to see dip in retail sales in May: StatsCan

Jul 23, 2014 - Total retail sales in British Columbia dipped slightly from April to May, making it the only province in the country that didn’t see growth... Full Article

Coastal Contacts founder to base 250-employee online shoe store in Vancouver

Jul 15, 2014 - Coastal Contacts founder Roger Hardy is re-entering the e-commerce business by buying two online shoe-sellers. Full Article

Vancouver underwear maker Naked Brand bags $7.3 million private placement

Jul 09, 2014 - Vancouver underwear maker Naked Brand Group Inc. (NAKD:OTCBB) announced July 9 that it has closed a $7.3 million private placement, including $6.1 ... Full Article

Tags: Abbotsford

Canadians less likely to buy online than are Americans

Jul 08, 2014 - New data from Statistics Canada shows that Canadians far prefer brick-and-mortar shopping than do Americans. Full Article

Ritchie Bros. appoints Beverley Briscoe as board chairwoman

Jun 30, 2014 - Burnaby-based Ritchie Bros. Auctioneers (TSX:RBA) has appointed a new chairwoman to lead the company’s boardroom.... Full Article

Mergers appetite growing in supplement sector

Jun 30, 2014 - Transactions enable small manufacturers to reach a broader nutrition industry market Full Article

Sobeys to close one B.C. store, another 30 across Western Canada after Safeway acquisition

Jun 26, 2014 - Grocery giant Sobeys will close around 50 "underperforming" stores across Canada – most of which are in Western Canada – following the ... Full Article

April retail sales up in B.C.

Jun 20, 2014 - Garden equipment and building material supplies drove a 1.6% advance in April retail sales in B.C. compared with the month before, according to... Full Article

New owner changes ecommerce procedures at ClearlyContacts.ca

Jun 19, 2014 - About a month and a half after French optical giant Essilor closed its $430 million purchase of Vancouver-based online eyewear seller Coastal.com, ... Full Article

Fast-growing Burnaby nutritional supplement company gets acquired

Jun 19, 2014 - Ontario vitamin-seller Jamieson Laboratories has bought fast-growing Burnaby-based women’s nutritional supplement purveyor Lorna... Full Article

Major outlet malls set to disrupt retail sector in B.C.

Jun 16, 2014 - Mix of outlet and traditional stores new to Metro Vancouver shopping centre market Full Article

Lululemon revenue up but outlook lowered, profits down 60%

Jun 12, 2014 - Lululemon Athletica Inc. (NASDAQ:LULU) saw revenue grow 11% but total profits plunge 60% in 2014’s first quarter compared with the same... Full Article

Lululemon founder Chip Wilson pushes for boardroom shakeup

Jun 11, 2014 - The founder of Lululemon Athletica Inc. (NASDAQ: LULU) is pulling the yoga mat from under the legs of his own boardroom.... Full Article

Say goodbye to the Chinatown Night Market

Jun 05, 2014 - Two night markets in Richmond now welcome visitors. The smell and sizzling of oil drowns the air, vendors cry out the latest deals and packed... Full Article

Vancouver makes small inroads as Canada falls out of favour with global retailers

Jun 02, 2014 - As luxury fashion store Nordstrom (NYSE: JWN) prepares for the fall 2015 launch of its flagship Canadian outlet in Vancouver, a new study warns... Full Article

Manufacturing and exporting: B.C. reds, whites on the radar

May 22, 2014 - As China and the U.S. discover B.C. wines, vintners say exports must be a collaborative effortBy Michael Bernard Full Article

Petcetera closing or selling all remaining stores

May 22, 2014 - Richmond’s Petcetera is closing or selling all of its remaining locations. Full Article

Tags: Retail

Sears Canada loss more than doubles while revenue, same-store sales drop

May 21, 2014 - One week after announcing Sears Holdings Corporation announced it was considering selling off its stake in Sears Canada, the Canadian segment... Full Article

Target Canada’s operating loss grows, sales-per-store down

May 21, 2014 - Target Corporation (NYSE:TGT) announced its first quarter results May 21, and the beleaguered Target Canada segment has seen its operating loss... Full Article

Target fires president of Canadian operations, Tony Fisher

May 20, 2014 - Target (NYSE: TGT) is continuing its shake up at the top levels, firing the president of its Canadian operations one day before the retail giant... Full Article

Shrinking stores part of retail’s future: study

May 16, 2014 - Increasing ecommerce sales online and via mobile devices is prompting B.C. retailers to shrink store sizes and rethink how to manage their brick-... Full Article

Tags: Retail

Sears considering selling its stake in Sears Canada, could lead to store closures

May 14, 2014 - Sears Holdings Corporation (NASDAQ:SHLD) is looking into the possibility of selling its interests in Sears Canada Inc. (TSX:SCC), it was announced ... Full Article

New bookstore could signal happier chapter for sector

May 12, 2014 - Sales of digital ebooks plateau after years of meteoric growth Full Article

Canadian clothing stores lose ground to competition

May 09, 2014 - Jacob the latest casualty as sector increasingly dominated by bargain and high-end stores Full Article

Jacob files for bankruptcy, will close 92 stores

May 06, 2014 - Montreal women’s clothing retailer Boutique Jacob Inc., which operates 92 Jacob stores across Canada, is filing for bankruptcy and plans to... Full Article

Tags: Retail

Target replaces CEO in wake of massive security breach

May 05, 2014 - The chairman and CEO of Target (NYSE: TGT) has been cut loose from the retail giant following last year’s revelation the company had fallen... Full Article

Coastal Contacts' new owner shakes up management

Apr 29, 2014 - One day after closing a $430 million transaction to buy Coastal Contacts, French eyewear giant Essilor has announced that Coastal Contacts' CEO... Full Article

Essilor closes $430-million sale of Vancouver's Coastal.com

Apr 28, 2014 - There is one less Canadian-owned major retailer based out of Vancouver following the completion of a friendly takeover bid of Coastal.com (TSX:... Full Article

British Columbians spent less on retail in February: StatsCan

Apr 23, 2014 - B.C. saw a dip in retail sales in February, according to Statistics Canada data released April 23. Full Article

Coastal Contacts launches line of environmentally friendly eyeglasses

Apr 22, 2014 - Coastal Contacts Inc. (TSX:COA) has launched a new line of eco-friendly eyeglasses, the company announced April 22, in honour of Earth Day 2014.... Full Article

Surrey takes aim at payday loan and cheque-cashing shops

Apr 17, 2014 - Surrey is looking to crack down on the clustering of cheque-cashing centres and payday loan stores within city limits.... Full Article

Coastal Contacts shareholders approve $430 million sale

Apr 16, 2014 - Coastal Contacts Inc. (TSX:COA; Nasdaq:COA) announced April 16 that shareholders have approved Essilor International’s bid to buy the... Full Article

Short-selling cross-border shopping

Apr 15, 2014 - Cross-border shopping is a Canadian tradition and, by occasionally voting with their feet, Canadian shoppers have encouraged Canadian retail to... Full Article

City’s small businesses squeezed

Apr 15, 2014 - B.C. entrepreneurs seeking expansion of buy-local initiative and government zoning help to survive in Vancouver city marketplace Full Article

Alcohol store sales up across British Columbia

Apr 10, 2014 - Total sales of all categories of alcoholic beverages by beer and liquor stores grew 2.4% in British Columbia between 2012 and 2013, Statistics... Full Article

Thurlow Street development kicks out Dollar Tree as it goes high end

Apr 03, 2014 - Concord Pacific is intent on making its Carlyle development at the corner of Alberni and Thurlow Streets fully high-end by ridding itself of low-... Full Article

The face of the Canadian manufacturing sector is changing: CIBC

Apr 01, 2014 - The past decade saw Canadian manufacturing gross domestic product (GDP) fall by 12% and the number of firms in this sector drop by 20%, but it may ... Full Article

More store closures, layoffs hit Richmond-based Petcetera

Mar 31, 2014 - Beleaguered pet-supply retailer Petcetera is back in the doghouse after filing for creditor protection just a few weeks ago.... Full Article

Tags: Retail

Consumers push for disclosure of where clothes are made

Mar 31, 2014 - Concern over outsourced manufacturing sparked by 2013 Bangladesh factory collapse Full Article

Lululemon's earnings remain mostly flat after last year's blunders

Mar 27, 2014 - Lululemon Athletica Inc.'s (NASDAQ: LULU) public image blunders over see-through pants and insensitive comments about women's figures haven't... Full Article

Pappas Furs closing its iconic downtown store

Mar 27, 2014 - A family company that's been selling high-fashion furs across the globe for more than 100 years will close its doors April 15.... Full Article

Revenue rises at 50% clip as Gardein racks up awards for its fishless filets

Mar 24, 2014 - Richmond-based Garden Protein International (GPI) launched its first vegetable-based fish product earlier this month and has already won a couple... Full Article

Petcetera files for bankruptcy protection

Mar 17, 2014 - Petcetera has been a dog of a business for a while, according to its founder and CEO Dan Urbani, who told Business in Vancouver that he will go... Full Article

Tags: Bankruptcy

Former beer executive seeks entry into medical marijuana trade

Mar 14, 2014 - Brian Harris' post as CEO and owner of Russell Breweries has turned out to be a gateway job for eventually joining the marijuana business.... Full Article

Tags: Maple Ridge

Chilliwack manufacturer’s upwardly mobile opportunity

Mar 10, 2014 - Tycrop’s head count has tripled since branching out into the oil and gas sector Full Article

Richie Bros.’ profits up 18% in 2013

Mar 03, 2014 - Vancouver auctioneer Ritchie Bros.’ net earnings were $93.8 million in 2013 – a jump of 18% compared with 2012 – the company... Full Article

B.C. alcohol sales inch upward in 2013: BMO

Feb 28, 2014 - Sales of beer, wine and spirits in British Columbia were $3.5 billion in 2013 – an increase of 0.5% compared with one year ago – BMO... Full Article

Essilor International buys Coastal Contacts for $430 million

Feb 27, 2014 - Vancouver’s Coastal Contacts (TSX:COA), also known as Coastal.com, has been sold to lens designer and manufacturer Essilor International for ... Full Article

Top manufacturers report: Made in B.C.

Feb 18, 2014 - It’s still overshadowed by mining and other resource industries, but manufacturing is B.C.’s fourth-largest employer, and new markets... Full Article

Shoppers Drug Mart to open next to Victoria's Secret megastore in Vancouver

Feb 14, 2014 - Shoppers Drug Mart (SDM) plans this summer to open an 11,000-square-foot, two-storey store next to the Victoria's Secret megastore at the corner... Full Article

Overwaitea buys 15 grocery stores from Sobeys

Feb 13, 2014 - Overwaitea Food Group (OFG) announced February 13 that it is buying 15 stores from Sobeys Inc., which was forced to sell the locations as part of... Full Article

Health Canada pulls not-so-natural products from Burnaby store

Feb 04, 2014 - Products marketed as natural health products, but which Health Canada says contained undeclared prescription drugs that could be harmful, have... Full Article

Walmart announces $500 million expansion in Canada

Feb 04, 2014 - Richmond will not be the only Canadian city getting a new Walmart store this year. Walmart Canada has announced plans to build 35 "supercentres"... Full Article

Christine Day targets U.S. growth as new boss of healthy food retailer

Feb 03, 2014 - Ex-Lululemon CEO takes reins at Richmond-based Luvo, aims to add airlines, hospitals to expanding client list Full Article

Best Buy Canada to lay off 950 staff

Jan 30, 2014 - Burnaby-based Best Buy Canada is laying off 950 employees at its Best Buy and Future Shop stores across the country, the company announced January ... Full Article

B.C. has Canada’s largest increase in retail sales: StatsCan

Jan 23, 2014 - British Columbia saw the country’s biggest increase in retail sales in November, Statistics Canada announced January 23.... Full Article

Hemp-based natural products maker inks national distribution deal

Jan 17, 2014 - Naturally Splendid Enterprises (TSX-V:NSP) has signed a national distribution deal with Purity Life Health Products LP for its hemp-based natural... Full Article

Tags: Food Retail

Vancouver's iQmetrix acquires Vancouver website developer

Jan 16, 2014 - IQmetrix, Vancouver company that specializes in developing in-store interactive displays for retailers, has acquired Web Werkz, a Vancouver... Full Article

Sears Canada to cut 1,600 jobs

Jan 15, 2014 - Sears Canada will cut 1,600 more jobs over the next nine months, the company announced today. Full Article

Christine Day to head healthy food manufacturer [updated]

Jan 14, 2014 - Former Lululemon CEO Christine Day will become CEO of healthy fast food firm Luvo in April, the company announced January 14.... Full Article

Lululemon cuts outlook, shares plunge 16%

Jan 13, 2014 - Lululemon Athletica Inc. warned investors January 13 that a substantial drop in sales since the start of 2014 will hurt sales and earnings in its... Full Article

Tesla, flagship Lululemon store to revitalize Robson Street

Dec 23, 2013 - 2015 opening of major Nordstrom outlet shifting centre of downtown shopping strip east Full Article

Holiday shoppers slow to start, but quick to overspend: CIBC

Dec 20, 2013 - There’s only one weekend left for British Columbians to buy their remaining holiday gifts with money they weren’t expecting to spend.... Full Article

Lululemon lowers outlook despite third quarter profits

Dec 12, 2013 - Lululemon Athletica (NASDAQ:LULU) shares dropped nearly 11% this morning after the company issued a weak outlook December 12, despite third... Full Article

Lululemon investors ask how new CEO will address supply-chain issues

Dec 10, 2013 - Investors at this morning’s Lululemon conference call asked how incoming CEO Laurent Potdevin’s experience might improve supply-chain... Full Article

Lululemon founder Wilson steps down; CEO Day's replacement named

Dec 10, 2013 - Lululemon Athletica (NASDAQ:LULU) founder and chairman of the board of directors Chip Wilson has announced that he is resigning, and the company... Full Article

Buy local week steers B.C. shoppers away from the mall

Dec 03, 2013 - Hot on the heels of Black Friday and Cyber Monday, a British Columbian non-profit is pushing the message that there are big benefits to spending... Full Article

Surrey businesses see red over U.S. Black Friday sales

Dec 03, 2013 - Mall expansions, sales, longer hours aimed at stemming tide of southbound shoppers Full Article

B.C. businesses jump on Black Friday bandwagon

Nov 28, 2013 - Vancouver retailers, including Future Shop and 4,000 merchants in a dozen Vancouver business improvement associations, are jumping on the American ... Full Article

Tags: Prices Retail

Sears laying off 79 employees in Vancouver, 800 employees across Canada

Nov 27, 2013 - Sears Canada (TSX:SCC) is laying off 79 employees at its Vancouver service centre and a total of 800 employees nationwide over the next six months,... Full Article

'Sharing economy' delivery service Zipments to open in Vancouver

Nov 27, 2013 - A new delivery service launched in Vancouver November 27 aims to "disrupt" retail deliveries and take advantage of the sharing economy.... Full Article

Amazon launches online food and auto parts store in Canada

Oct 31, 2013 - Canadian grocery stores and retailers such as Canadian Tire and have been slow to capitalize on e-commerce could face some serious competition... Full Article

Cupcakes opening Metrotown location

Oct 29, 2013 - Vancouver-based Cupcakes is opening its ninth location November 15 in Metropolis at Metrotown in Burnaby. Full Article

Housing-related purchases boost B.C. retail sales in August

Oct 25, 2013 - British Columbia's retail economy grew 0.6% in August, according to a Central 1 Credit Union economic report released October 25.... Full Article

Cabela’s to open first B.C. location

Oct 24, 2013 - Cabela’s will open its first British Columbia location in fall 2014, the outdoor specialty retailer announced October 24.... Full Article

New Porsche dealership sets up shop in Vancouver

Oct 24, 2013 - A new 40,000-square-foot Porsche dealership has opened its doors in Vancouver, Porsche Cars Canada announced October 23.... Full Article




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