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Retail & Manufacturing

Mergers appetite growing in supplement sector

Mergers appetite growing in supplement sector

Transactions enable small manufacturers to reach a broader nutrition industry market
Sobeys to close one B.C. store, another 30 across Western Canada after Safeway acquisition

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

Grocery giant Sobeys will close around 50 “underperforming” stores across Canada – most of which are in Western Canada – following the completion of its acquisition of Canada Safeway, the company announced June 26.
April retail sales up in B.C.

April retail sales up in B.C.

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 Statistics Canada.
Yaletown shows support for shooting victim

Yaletown shows support for shooting victim

For a neighbourhood shaken by violence, a barbecue seemed like just the thing. The community event, organized by the Yaletown Business Improvement Association Wednesday, was meant to help a community racked by gunfire only days before.
New owner changes ecommerce procedures at ClearlyContacts.ca

New owner changes ecommerce procedures at ClearlyContacts.ca

About a month and a half after French optical giant Essilor closed its $430 million purchase of Vancouver-based online eyewear seller Coastal.com, the company has started to change the way it does business.
Fast-growing Burnaby nutritional supplement company gets acquired

Fast-growing Burnaby nutritional supplement company gets acquired

Ontario vitamin-seller Jamieson Laboratories has bought fast-growing Burnaby-based women’s nutritional supplement purveyor Lorna Vanderhaeghe Health Solutions Inc. (LVHS) in a transaction that highlights demand for health products as the population ages.
Major outlet malls set to disrupt retail sector in B.C.

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

Mix of outlet and traditional stores new to Metro Vancouver shopping centre market
Lululemon revenue up but outlook lowered, profits down 60%

Lululemon revenue up but outlook lowered, profits down 60%

Lululemon Athletica Inc. (NASDAQ:LULU) saw revenue grow 11% but total profits plunge 60% in 2014’s first quarter compared with the same period last year, according to the yoga wear maker’s Q1 results released June 12.
Lululemon founder Chip Wilson pushes for boardroom shakeup

Lululemon founder Chip Wilson pushes for boardroom shakeup

The founder of Lululemon Athletica Inc. (NASDAQ: LULU) is pulling the yoga mat from under the legs of his own boardroom.
Say goodbye to the Chinatown Night Market

Say goodbye to the Chinatown Night Market

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 crowds move in tides every weekend.