The full-service dining sector has just begun to emerge from a decade-long slump, beset by competition from more innovative fast-food rivals and the trend of nesting consumers who prefer Netflix and pizza over a night out. Now, the low-margin grocery industry is out to eat the restaurant industry’s lunch — and dinner... (Hollie Shaw, Financial Post)
The Superior Court has appointed a litigation investigator to review $3 billion in payments made to Sears Canada shareholders, while the company's pension fund had a nearly $300 million shortfall.
It ‘allowed us to really develop our business and customer loyalty, as well as experiment with some new ideas’
RioCan Real Estate Investment Trust says it will turn some of the retail shopping centres in its portfolio into mixed-use communities that have the potential for more than 20,000 residences in six major Canadian markets. The announcement of the RioCan Living brand on Monday formalizes the real estate trust's efforts to address the residential market. It says construction has started or will soon begin on about 2,800 units -- including about 2,100 rentals and 700 condos. Six of the eight initial projects are in Toronto, while one is in Ottawa and another is in Calgary.
A global payment company will give members of Canada’s largest small- and medium-business association lower rates on American Express transactions.
It is a sign of the times that Mountain Equipment Co-op (MEC) faced the ire of its members last week after news emerged that the outdoor clothing and accessories chain was stocking water bottles, binoculars and other items made by a multinational corporation that also makes guns and ammunition...