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Retail & Manufacturing

Profile of Roy Hessel, CEO, Clearly

Profile of Roy Hessel, CEO, Clearly

Online eyewear chief focuses on changing business culture
Future Shop closures cost parent company Best Buy nearly US$200 million

Future Shop closures cost parent company Best Buy nearly US$200 million

Shutting down or rebranding each one of Future Shop’s outlets across Canada has cost parent company Best Buy (NYSE:BBY) US$191 million, according to financial results released Thursday (May 21).
Ikea reveals plans to open a 397,000 square-foot distribution centre

Ikea reveals plans to open a 397,000 square-foot distribution centre

The Swedish furniture giant is assembling the foundation for growth across Canada
New 150,000-square-foot fulfillment centre fuels Shoes.com sales spike

New 150,000-square-foot fulfillment centre fuels Shoes.com sales spike

Gross sales spike 79% year over year to an expected $300 million in 2015
B.C. manufacturing sales drop for second time in three months: Statistics Canada

B.C. manufacturing sales drop for second time in three months: Statistics Canada

Despite nationwide gains in manufacturing, sales on the B.C. side of the sector dropped 2.2% in March, according to Statistics Canada. Data released Friday (May 15) shows manufacturing sales in B.C. fell from $3.74 billion to $3.
Ikea announces cities to get its smaller stores

Ikea announces cities to get its smaller stores

London, Ontario and Quebec City will get smaller Ikea stores by the end of the year
McArthurGlen reveals Richmond tenants, career fair for 600 jobs

McArthurGlen reveals Richmond tenants, career fair for 600 jobs

Career fair to be held May 24 and 25 at Fairmont Waterfront Hotel
Coastal Contacts rebrands as Clearly to highlight evolution

Coastal Contacts rebrands as Clearly to highlight evolution

Online eyewear seller unveils new direction one year after $430 million sale to Essilor
Kit and Ace to expand to Victoria

Kit and Ace to expand to Victoria

Venture launched by Lululemon founding family aims for 50 stores by year-end
US$179.3 million Picasso sale gives bump to Heffel spring auction

US$179.3 million Picasso sale gives bump to Heffel spring auction

Vancouver auction May 27 follows priciest-ever painting sale and stellar Sotheby’s earnings