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Retail & Manufacturing

Foodtastic to buy Freshii chain as restaurant franchisor grows through acquisitions

Foodtastic to buy Freshii chain as restaurant franchisor grows through acquisitions

Foodtastic Inc. has signed its second acquisition deal in a month as the restaurant franchisor pursues an ambitious plan to grow its portfolio and boost sales.
Shoppers warned to watch out as online scams reach all-time high

Shoppers warned to watch out as online scams reach all-time high

BBB Vancouver Island head says fraudsters are at their peak during times of crisis, when consumers are dealing with rising inflation and interest rates and holiday shopping madness at the same time
Non-alcoholic beer, wine and spirits on the rise as demand grows

Non-alcoholic beer, wine and spirits on the rise as demand grows

With the holiday season in full swing and "Dry January" around the corner, Canadians who don't drink alcohol or want to cut back may find more options on menus and store shelves.
Grocery shoplifting on the rise in Canada amid inflation, industry insiders say

Grocery shoplifting on the rise in Canada amid inflation, industry insiders say

Shoplifting has surged to an alarming level across Canada, industry insiders say, with inflation and labour shortages cited as major factors behind the increase.
Statistics Canada says manufacturing sales up 2.8 per cent at $72.6B in October

Statistics Canada says manufacturing sales up 2.8 per cent at $72.6B in October

OTTAWA — Statistics Canada says manufacturing sales rose 2.8 per cent to $72.6 billion in October as higher prices helped boost petroleum and coal industry sales. The agency says sales were up in 12 of the 21 industries it tracks, led by a 12.
Retail sales flat in September as inflation takes a bite

Retail sales flat in September as inflation takes a bite

NEW YORK (AP) — The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things. Retail sales were flat last month, down from a revised. 0.
Aritzia earnings rise in second quarter on strong retail and e-commerce sales

Aritzia earnings rise in second quarter on strong retail and e-commerce sales

VANCOUVER — Aritzia Inc. saw net income go up 16 per cent in the second quarter of fiscal year 2023, as both retail and e-commerce sales rose year over year. The Vancouver-based clothing retailer said it earned $46.
Teens rank Lululemon as second favourite clothing brand

Teens rank Lululemon as second favourite clothing brand

Investment bank Piper Sandler upgrades Lululemon shares partly because of its survey results
Businesses considering added credit card fee to pass on costs as rules change: survey

Businesses considering added credit card fee to pass on costs as rules change: survey

TORONTO — Canadians may see a jump in businesses adding credit card surcharges as restrictions on the practice lift this week, though research from the Bank of Canada shows consumers have long been paying extra because of the payment option.