Retail & Manufacturing

Canadians will increasingly become their own bosses, according to a CIBC report issued this morning.

The first World Duty Free shop outside the U.K. has officially opened at Vancouver International Airport, where travellers can buy pricy French perfume, high-end cosmetics and 70-year-old whisky that sells for $35,888 a bottle.

First an appearance on Dragon's Den got it onto the launch pad; now an organic cereal made in B.C. will literally take off into space for snacking on by astronauts on the International Space Station.

A Richmond company that grew ginseng in Ontario is dissolving, thanks to losses from low ginseng prices in Asia. Chai-Na-Ta Corp.

Small, independent businesses in B.C. are being asked to participate in a survey that is part of a campaign aimed at shifting 10% of consumer spending in B.C. to local businesses.

Loonie at 13-month high as hoteliers see lower occupancy than last year

Amazon Canada Fulfillment Services (ACFS) announced this morning it has plans to locate a new order-fulfillment centre in Delta, creating more than 100 new full-time jobs.

The B.C. government plans to change regulations to allow craft distillers to sell direct to the public, restaurants and private liquor stores as long as their product is made 100% from B.C.

Nordstrom, Inc. has confirmed plans to take over Vancouver's downtown Sears location as part of four store openings that will bring the U.S. retailer into the Canadian market.

According to financial results released this morning, Lululemon Athletica Inc.'s (TSX:LLL) net revenue for 2012's second quarter increased 33% to $282.6 million, up from $212.3 million in the same quarter last year.