Retail & Manufacturing

Canada’s auto parts industry is likely to post considerably lower profits in 2013, according to a Conference Board of Canada report released August 28.

Canada ranks amongst the top five countries for entrepreneurship, according to EY’s G20 Entrepreneurship Barometer released August 27.

After rising in May, retail sales in Canada slumped 0.6% in June to $40.1 billion, Statistics Canada reported August 22.

Canadian expansion hurt earnings at Minneapolis-based Target Corp. (NYSE:TGT), which reported second-quarter financial results August 21.

Canada’s economy could benefit if more work was done to integrate local food into the national food distribution network, according to a Conference Board of Canada report released today (August 20).

The parent of Burnaby-based Best Buy Canada reported its first quarterly profit in a year on August 20 as the consumer electronics giant beat Wall Street estimates for both profit and revenue.

Canadian shoppers are increasingly unimpressed with Target Corp. (NYSE:TGT) as the U.S. big-box giant executes its rollout of 124 stores across Canada by the end of 2013, according to a new survey.

Richmond-based retailer London Drugs says its bet on e-commerce is paying off, with sales growth tripling since it relaunched its website and e-commerce store in November 2012.

New vehicle sales are up in B.C., Central 1 Credit Union’s B.C. economic briefing reported August 16.

Manufacturing sales in British Columbia were down 4.5% to $3.2 billion in June compared with the previous month, according to Statistics Canada data released this morning (August 16).