Costco’s success in this country relies in part on its successful and ongoing food expansion, said Grier, a Guelph. Ont.-based food industry analyst. “It’s quality, it’s consistency and it’s business as usual. With Walmart, there has been a price aggressiveness and they have kept that up over the last year,” particularly in higher-end meat offerings, he said.
A new report, Beer Taxes: A Canadian – U.S. Comparison, shows that U.S. state and federal taxes on beer average just over $4 per case of 24, while comparable provincial and federal taxes in Canada are five times higher and average more than $20 per case. With almost half (47 per cent) the price of the typical case of beer purchased in this country being tax, Canadian beer drinkers are already amongst the highest taxed beer drinkers in the world and that tax burden is rising at a dramatic and unsustainable rate.
Sleep Country Canada Holdings Inc. reported their financial results for the three months ended March 31, 2018. Revenue increased by 8.9%, while achieving our 19th consecutive quarter of strong Same Store Sales ("SSS1") growth of 5.1% on top of 11.9% SSS1 in Q1 2017 Quarterly Dividend increased by 12% to $0.185 per share...
Swiss company continues to expand its product portfolio into high-growth categories
A lot of stores are closing, but other retailers are itching to take their places.