Empty storefronts pockmarking Vancouver strolls such as Robson Street, Denman Street and south Main Street are the result of a mix of higher rents and taxes, development pressures and storeowners following their customers to the suburbs, analysts say. Small retailers are the most affected.
The Reeve of Rocky View hopes a $300-million mega mall proposed for his county has survived the city’s objections with a provincial arbitrator, arguing the project will create much-needed jobs and services. “The city’s criticisms are completely unfounded,” said Greg Boehlke. “This will serve residents not just in Rocky View, but Calgary too, bringing jobs in building and then in retail. And, it will give people more choices in terms of shopping and other businesses.”
A southern Alberta hamlet says it's ready to accommodate potentially thousands of new workers joining an Amazon shipping depot under construction just north of Calgary.
A partnership between two Edmonton-based companies is likely to have an effect on B.C.’s future retail-cannabis sector. Licensed producer Aurora Cannabis has reached an agreement with Alcanna to give Alcanna the exclusive right to build, own and operate retail stores branded Aurora Canadawide. Alcanna (TSX:CLIQ), which recently changed its name from Liquor Stores NA, operates 229 retail outlets in Western Canada and Alaska and has extensive experience operating liquor stores...