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Retail & Manufacturing

Soaring new car inventories drive down used car prices in B.C.

Soaring new car inventories drive down used car prices in B.C.

New car prices up by 1.4 per cent and used cars down by 7.5 per cent, opening doors to prospective buyers.
Fast-food franchisor A&W cooks up corporate overhaul

Fast-food franchisor A&W cooks up corporate overhaul

The Canadian burger giant plans to buy the publicly traded fund that owns its brand trademarks and pursue an initial public offering on the TSX
Costco testing membership card scanners at several locations across Canada

Costco testing membership card scanners at several locations across Canada

TORONTO — Costco Wholesale is testing membership card scanners at the entrances to its stores at several locations across Canada. The retailer says it's testing the scanners at stores in Ottawa, Edmonton, Regina and the B.C. Lower Mainland.
Starbucks replaces its CEO, names Chipotle chief to head the company

Starbucks replaces its CEO, names Chipotle chief to head the company

Starbucks, struggling with weak demand and disgruntled investors, said Tuesday it's replacing CEO Laxman Narasimhan with Brian Niccol, the chairman and CEO of Chipotle.
Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

TORONTO — The head of Canadian Tire Corp. Ltd. says indebted shoppers are cutting back on spending even more — and he doesn't see that trend turning around quickly.
B.C. aerospace company gets P-8A Poseidon contract

B.C. aerospace company gets P-8A Poseidon contract

Parksville’s COTA Aviation to benefit from Boeing P-8A Poseidon contract
From bankruptcy sale to growth: NEXII's resurgence in eco-friendly construction

From bankruptcy sale to growth: NEXII's resurgence in eco-friendly construction

Nexii Building Solutions relaunches as NEXII Inc. under new ownership after overcoming financial hurdles. 
Lululemon pauses sales of Breezethrough after consumers say line is 'unflattering'

Lululemon pauses sales of Breezethrough after consumers say line is 'unflattering'

VANCOUVER — Lululemon Athletica Inc. says it is pausing sales of one of its new product lines that have generated complaints from consumers.
Flyers, price-matching, local stores: How Canadians' grocery habits have changed

Flyers, price-matching, local stores: How Canadians' grocery habits have changed

Whether they’re shopping at multiple stores, flipping through flyers or seeking out independent grocers, many Canadians say they have changed their grocery shopping habits in recent years as a response to high inflation and, for some, growing distrus
Lululemon sees product flop, analyst downgrade; stock hits four-year low

Lululemon sees product flop, analyst downgrade; stock hits four-year low

Clothing retailer's share price down nearly 52-per-cent year-to-date at its low this morning