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Retail & Manufacturing

'The root cause of my debt': Sales are tempting. How to avoid falling for offers

'The root cause of my debt': Sales are tempting. How to avoid falling for offers

TORONTO — The drawers were overflowing with skin care products and makeup — three different blushes, many eyeshadows, a dozen different mascaras, foundation and serum samples sitting unused for years.
KITS Eyecare co-founder Sabrina Liak steps down as president

KITS Eyecare co-founder Sabrina Liak steps down as president

Former CFO will remain on board of directors, serve as strategic advisor
Indigo agrees to go private after sale to holding company

Indigo agrees to go private after sale to holding company

TORONTO — Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder. The retailer says its agreement will see Trilogy Retail Holdings Inc.
Grocery code of conduct won't drive prices higher, Sobeys chief executive says

Grocery code of conduct won't drive prices higher, Sobeys chief executive says

TORONTO — There’s no evidence that a grocery code of conduct would raise food prices for Canadians, said Empire Co. Ltd. chief executive Michael Medline.
Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a U.S. slowdown. The Vancouver-based athletic apparel retailer's fourth quarter, which ended Jan.
Statistics Canada reports retail sales down in January as new car sales fell

Statistics Canada reports retail sales down in January as new car sales fell

A retreat in new car purchases helped push the country's retail sales down 0.3 per cent to $67 billion in January, Statistics Canada said Friday.
Move over, Tesla — B.C. company rolls out electric semi truck

Move over, Tesla — B.C. company rolls out electric semi truck

Startup in Merritt, B.C., plans to build diesel-electric trucks in Terrace.
As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses

As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses

TORONTO — The usual sight of green-clad revellers celebrating St. Patrick's Day is expected across Canada on Sunday — but compared with a decade ago, fewer of them will be indulging in alcohol.
Manufacturing sales up 0.2 per cent in January: Statistics Canada

Manufacturing sales up 0.2 per cent in January: Statistics Canada

OTTAWA — Canada's manufacturing industry saw a slight lift in January as sales edged upward, the country's data agency said Thursday. Statistics Canada's latest data shows manufacturing sales rose 0.2 per cent to $71.
Chip Wilson criticizes Lululemon for becoming like The Gap

Chip Wilson criticizes Lululemon for becoming like The Gap

Company's founder alleges that current CEO caters to the 'lowest common denominator'