Loblaw Cos. Ltd. is catching heat from advocacy group Leadnow after disclosing the company could incur $190-million in additional labour expenses in 2018 as a result of minimum-wage increases in Ontario and Alberta. Loblaw chief executive Galen Weston disclosed the possible costs to the company’s bottom line during a recent earnings call with analysts that eventually led to backlash on social media. Leadnow’s petition page accuses Mr. Weston of trying to “sabotage” the Ontario government’s plan to raise the minimum wage to $15...
For the first quarter ended July 1, 2017, Indigo Books & Music Inc. (TSX: IDG), Canada's largest book, gift and specialty toy retailer, delivered a 15th straight quarter of topline comparable growth to achieve its highest ever first-quarter revenue and positive adjusted EBITDA.
The retailer is helping young people focus on what's "real" as it moves to be more of an aspirational brand. The brand’s back-to-school campaign, developed in-house, appears under the tagline “Your genes. Our jeans. No filter.” and does not use any retouching in the photographs of its models.
Investment in Canadian commercial real estate is expected to generate strong demand and performance despite the strengthening economy driving a rise in interest rates and less accommodative monetary policy, according to a new report by Morguard Corporation. “After a second consecutive quarter of stronger than expected economic output, projected growth for 2017 has now surpassed 2016 levels, with signs pointing to an early winding down of global monetary stimulus,” said Keith Reading, director of research at Morguard. “Despite a perceived eagerness to raise interest rates, particularly in the United States, low inflation pressure should continue to act as a buffer against rapid monetary policy change in the near term.”
Indigo Books has teamed up with Montreal-based vegan leather brand Matt & Nat for a new collection that will be available across the country in selected Chapters/Indigo, as well as online.
For fans of Ikea, the summer arrival of its annual catalogue has the excitement of Christmas morning. Maryam Siddiqi asks why shoppers still gravitate to the printed page
A CrowdTwist survey looks at the attitudes of both demos and how to build a successful program.
Cost and speed drive retail researchers to embrace a new technology combo. Explorer Research, a Toronto-area market research firm, recently announced it would offer a combination of two ascendant technologies: virtual reality and eye tracking.