The Canadian operations of Chinese discount retailer Miniso have secured creditor protection through an order of the Supreme Court of British Columbia. The application for bankruptcy protection of the Canadian franchise operations was initiated by several parent-company entities collectively referred to as Miniso Group.
Miniso Canada operates 67 stores in B.C., Alberta, Ontario, Quebec, Nova Scotia, and the Northwest Territories, which it says will continue to serve customers as usual. The court order allows Miniso Canada to obtain up to $2 million in financing from the Miniso Group, as the two entities work to complete the restructuring of the Canadian operations.
According to the chief executive, Couche-Tard "has made tremendous progress" this year expanding the global Circle K brand to more than 5,600 stores in North America and more than 2,000 stores in Europe.
"The most exciting benchmark this quarter was the finalization of the rebranding project in Europe, as Ireland is now complete," Hannasch said, adding that "the march west" in the U.S. is proceeding at a rapid pace.
Aritzia Inc. plans to create a formal loyalty program as the clothing retailer works to make better use of data to drive sales.
"We're going to up the ante so to speak on a loyalty program at some point in time here," said CEO Brian Hill on Thursday during a conference call with analysts after the company released its most recent financial results.
Hill noted the Vancouver-based company has rewarded loyalty for more than a decade, with events, gifting and other promotions for existing clients.
Amazon Prime Day is just around the corner — and getting longer. The shopping extravaganza is set to last 48 hours this time, up from 36 hours last summer.
And if 2018 is any guide, it will be another smashing success for the giant online retailer. Last year Amazon said it sold 100 million products worldwide, more than any previous Prime Day and surpassing even Black Friday and Cyber Monday. Small and medium-sized businesses selling on Amazon made more than $1 billion in sales during the event, it said.
Cara Keating, currently vice president of customer development at PepsiCo Foods Canada, has been promoted to president.
Keating replaces Jason McDonell, who has been president since 2015 and is leaving to pursue an opportunity outside PepsiCo as of July 26.
Keating has been with PepsiCo for 15 years and has experience in account management, customer insights, field and customer leadership roles. She joined PepsiCo in 2004 and has held roles of increasing responsibility in the Western Canada market, before moving to Toronto for a number of roles including Director of Business Development and Senior Director of Sales Strategy, Planning and Insights. She was promoted to Ontario area vice president in 2015. (Grocery Business Magazine)
The head of Middle Eastern food chain Paramount Fine Foods has tapped into a global refugee talent pool to hire a new team member.
CEO Mohamed Fakih hired Nabil Maati at his Paramount Crestlawn location as a chef and kitchen manager, through a non-governmental organization called Talent Beyond Boundaries.
For 30 years, Cactus Club and Earls have occupied a similar space in the hearts and stomachs of B.C. diners. The chains, which have spread across Canada and into the U.S., have peacefully coexisted in the "premium casual dining" market, competing for the same customers without stepping on each other's toes.
That shouldn't be surprising. Cactus Club was founded by two former Earls servers, and today the majority of its shares are owned by the Fuller family, which also owns Earls.
But the era of friendly competition is over. Lawsuits filed in B.C. Supreme Court over the last year reveal a bitter fight between the two chains. The relationship has become so acrimonious that the Fullers are calling for the company that runs Cactus Club to be completely dissolved.