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Retailer

Loblaw reports $13.58B in Q1 revenue, as Reddit group’s boycott kicks off

by Anas Siddiqui
Loblaw reports .58B in Q1 revenue, as Reddit group’s boycott kicks off

Loblaw Companies reported $13.58 billion in first-quarter revenue — a 4.5 per cent increase from a year earlier — on Wednesday morning, the same day that a group of frustrated shoppers said they …

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London Drugs closes stores until further notice due to cyberattack

by Akin Smith
London Drugs closes stores until further notice due to cyberattack

Retail and pharmacy chain London Drugs says it was the “victim of a cybersecurity incident” Sunday and has shuttered its stores across Western Canada until further notice. The retailer, which is headquartered in B.C., …

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Despite backlash, some Loblaw stores still discount perishable food by 30% — not 50%

by Anas Siddiqui
Despite backlash, some Loblaw stores still discount perishable food by 30% — not 50%

Although Loblaw has now reinstated its popular 50 per cent discounts on perishable food, some customers say they still feel shortchanged.  That’s because more than 100 Real Canadian Superstores owned by Loblaw …

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Indigo agrees to go private after sale to holding company owned by chief executive’s spouse

by Anas Siddiqui
Indigo agrees to go private after sale to holding company owned by chief executive’s spouse

Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder. The retailer says its …

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Discount retailer Giant Tiger says customer data was compromised in third-party breach

by Anas Siddiqui
Discount retailer Giant Tiger says customer data was compromised in third-party breach

Discount retailer Giant Tiger says contact information for some of its customers was compromised in an “incident” linked to a third-party vendor it uses. Alison Scarlett, a spokesperson for the …

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This layoff could have been an email. Is there a good way to lose your job as a remote worker?

by Anas Siddiqui
This layoff could have been an email. Is there a good way to lose your job as a remote worker?

Is there a good way to lay off a remote worker?  Four years after remote work became the norm for a huge section of the labour force, it appears some companies …

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Chinese shopping app Temu spent $2B on Facebook, Instagram ads

by Edgar Davis
Chinese shopping app Temu spent B on Facebook, Instagram ads

Temu, the Chinese fast fashion brand that has taken e-commerce retail in the United States by storm in recent months, was the biggest ad spender for Meta Platforms’ social media …

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Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

by Anas Siddiqui
Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into …

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Dollarama reaches $2.5M settlement in class-action suit over pricing

by Anas Siddiqui
Dollarama reaches .5M settlement in class-action suit over pricing

Dollarama customers who purchased products subject to an eco fee — such as batteries, electronics, light bulbs or toys with batteries — may be eligible to claim a gift card. The …

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Ontario electronics retailer Factory Direct to liquidate stores

by Anas Siddiqui
Ontario electronics retailer Factory Direct to liquidate stores

Toronto Court documents show the discount electronics and home goods retailer wanted to close its 14 stores in the province because it has found the business is “no longer viable.” …

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