Retail & Marketing

Canadian retail sales in March saw worst drop on record — and that’s just the start

The desperate situation for Canadian retailers came into clearer focus on Friday as Statistics Canada released a report showing record-breaking declines of billions of dollars in sector-wide sales during the early days of the coronavirus pandemic. The sales data from March captures the first weeks of the panic, as work-from-home orders swept the country and …

Canadian retail sales in March saw worst drop on record — and that’s just the start Read More »

Decline in deodorant, razor sales shows lockdown is lowering people’s grooming standards

It did not take long for standards to slip. Weeks into lockdown, the coronavirus pandemic is starting to lay waste to basic personal hygiene and grooming routines, according to consumer goods group Unilever. As large numbers of people work from home, they are washing their hair less often, putting off shaving and even abandoning deodorant. …

Decline in deodorant, razor sales shows lockdown is lowering people’s grooming standards Read More »

‘We will not spare any expense’: Big grocers move to boost pay for front-line workers

The three largest grocery chains in Canada announced over the weekend that they will give temporary pay increases to their frontline staff, who have become some of the most celebrated professionals in the COVID-19 crisis. The pay bumps were among a slate of major changes from Sobeys, Loblaw and Metro that have drastically altered grocery …

‘We will not spare any expense’: Big grocers move to boost pay for front-line workers Read More »

Cineplex takeover makes sense as pressure from streamers mounts

Cineplex Inc. has agreed to be bought by British theatre chain Cineworld in a $2.8-billion deal that, if approved, would create the largest cinema empire in North America, the company announced on Monday. Cineplex is the dominant theatre banner in Canada, with a 75 per cent share of the box office. But at 1,700 screens, …

Cineplex takeover makes sense as pressure from streamers mounts Read More »

Catalyst questions independence of HBC special committee at OSC hearing

Catalyst Capital Group Inc. spent part of Thursday’s hearing at the Ontario Securities Commission grilling a Hudson’s Bay Co. director about why the department store chain turned down Catalyst’s recent takeover offer. David Leith, head of the special committee tasked by HBC’s board to review take-private offers, appeared at the OSC Thursday as HBC’s witness …

Catalyst questions independence of HBC special committee at OSC hearing Read More »

‘It’s a private company’: Quebec politicians lament Rona cuts, but acknowledge little can be done

Quebec politicians appeared out of options on Wednesday as the American hardware giant Lowe’s Cos. Ltd. announced another series of cuts to the made-in-Quebec home improvement chain Rona Inc. Quebec’s economy and innovation minister, Pierre Fitzgibbon, lamented a weakening in Quebeckers’ emotional attachment to the Rona brand amid a series of store closures and layoffs …

‘It’s a private company’: Quebec politicians lament Rona cuts, but acknowledge little can be done Read More »