Top Stories: National

73 percent of young Canadians are more likely to shop online than in-store: survey

The majority of Canadians between the ages of 18 and 34 say they'd rather shop online than in-store due to convenience, a new survey finds.

mobilesyrup.com

IKEA Canada phases out single-use plastic straws

IKEA Canada has phased out all single-use plastic straws, nine months ahead of its commitment to eliminate all single-use plastics in its product line.

restobiz.ca

United Grocers announces three Board appointments | Grocery Business News

United Grocers Inc. has announced three new appointments, which are effective May 3, 2019. (Grocery Business Magazine)

grocerybusiness.ca

Loblaw’s plan for better data-driven customer experiences

President Sarah Davis outlines the areas in which the grocer is excelling thanks to an investment in digital

canadiangrocer.com

Freshii net income plummets in first quarter despite higher revenues

Freshii Inc. plans to launch higher-quality protein ingredients as it attempts to win back customers amid a continued negative sales performance.

ctvnews.ca

Fire and Flower is poised for success in Canadian cannabis market, AltaCorp Capital says

In a coverage initiation on May 1, AltaCorp Capital analyst David M. Kideckel said cannabis stores operated by Fire and Flower Holdings address two notable deficiencies in the Canadian space, namely, available distribution channels and lack of product education for new customers. Kideckel kicks off coverage with a “Speculative Buy” rating and one-year target of $2.50, which represents a projected return of 83.8 per cent at the time of publication.

Fire and Flower currently operates 13 licensed cannabis stores, with nine in Alberta, two in Saskatchewan and two branded stores in Ontario. The company also holds seven additional fully-built locations in Alberta which are waiting on provincial licenses, two of which are cannabis accessories stores. In July of last year, Fire and Flower acquired Hifyre, a proprietary e-commerce platform.

cantechletter.com