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Retail & Manufacturing

Jacob files for bankruptcy, will close 92 stores

Jacob files for bankruptcy, will close 92 stores

Montreal women’s clothing retailer Boutique Jacob Inc., which operates 92 Jacob stores across Canada, is filing for bankruptcy and plans to liquidate its inventory.
Chains find big opportunities in small towns

Chains find big opportunities in small towns

Fields and Mr Mikes among franchises thriving in underserved communities
Target replaces CEO in wake of massive security breach

Target replaces CEO in wake of massive security breach

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 victim to a massive data breach.
TEC Canada appoints Catherine Osler as CEO and Ken MacLeod as COO

TEC Canada appoints Catherine Osler as CEO and Ken MacLeod as COO

TEC Canada (The Executive Committee) has appointed Catherine Osler as CEO and Ken MacLeod as president and chief operating officer, the organization announced May 1.
Small business report: Young tech-savvy entrepreneurs gain an edge in new companies

Small business report: Young tech-savvy entrepreneurs gain an edge in new companies

Generation makes up in skills what it may lack in experience

Small business report: Fraud can pose a big threat to small companies

You will lower the company’s fraud risk if employees know that reviews and reconciliations are being performed. Consider performing unannounced checks on high-risk areas
Coastal Contacts' new owner shakes up management

Coastal Contacts' new owner shakes up management

One day after closing a $430 million transaction to buy Coastal Contacts, French eyewear giant Essilor has announced that Coastal Contacts' CEO Roger Hardy and president Gary Collins will be stepping down.
Ishkandar Ahmed: A choice executive

Ishkandar Ahmed: A choice executive

Choices Markets CEO Ishkandar Ahmed's experience owning a natural-foods supply company gives him helpful insight now that he oversees a grocery chain
Small business report: Small businesses tapping the upsides of downsizing

Small business report: Small businesses tapping the upsides of downsizing

Experts find rewards in helping seniors de-clutter lives and simplify real estate options
Essilor closes $430-million sale of Vancouver's Coastal.com

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

There is one less Canadian-owned major retailer based out of Vancouver following the completion of a friendly takeover bid of Coastal.com (TSX: COA).