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Retail & Manufacturing

Aritzia sees net income fall to $17.5M in first quarter despite higher revenue

Aritzia sees net income fall to $17.5M in first quarter despite higher revenue

Vancouver retailer says gross profit margin lower due to inflationary pressures
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Auto sales continue to rise in June, up 12.6 per cent from last year: DesRosiers

Auto sales continue to rise in June, up 12.6 per cent from last year: DesRosiers

Sales up 1.38 per cent from May, marking eight consecutive months of year-over-year gains
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Vancouver clothing retailer Kit and Ace bought by Unity Brands

Vancouver clothing retailer Kit and Ace bought by Unity Brands

Kit and Ace's product design and development set to relocate to Toronto
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Arnaud Bussieres out as CEO at online-eyewear seller Clearly

Arnaud Bussieres out as CEO at online-eyewear seller Clearly

Company that last year had more than 200 Metro Vancouver employees has yet to announce successor
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Victoria council signals easing of restrictions on cannabis store locations

Victoria council signals easing of restrictions on cannabis store locations

City staff told council Thursday there is now only a trickle of applications to open cannabis retail stores
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Canadian clothing and footwear pricing below 2002 levels

Canadian clothing and footwear pricing below 2002 levels

Retail category rose in price 0.7 per cent in past year, far below the 3.4 per cent overall inflation rate
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Packaging manufacturer hires 20 staff to work on new line in Langley

Packaging manufacturer hires 20 staff to work on new line in Langley

CKF Inc. installs new production line for certified home-compostable and recyclable food packaging
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Sobeys, Safeway parent Empire Company completes multi-year overhaul

Sobeys, Safeway parent Empire Company completes multi-year overhaul

CEO of grocery retailer that owns Sobeys, Safeway and FreshCo stores says financial turnaround complete after six and a half years
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Canada Bread to pay $50 million fine for role in bread price-fixing scandal

Canada Bread to pay $50 million fine for role in bread price-fixing scandal

Canada Bread Co. has been fined $50 million after pleading guilty to its role in a criminal price-fixing scheme that inflated the wholesale price of bread in Canada
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Statistics Canada says retail sales rose 1.1% in April to $65.9 billion

Statistics Canada says retail sales rose 1.1% in April to $65.9 billion

Canadian retail sales came in stronger than initially estimated as gains at general merchandise retailers and food and beverage stores led the way higher. Statistics Canada said Wednesday retail sales rose 1.1 per cent to $65.
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