Category : Search result: retail restructuring


Toys 'R' Us Canada closes 38 stores, sells 12 more

Toys 'R' Us Canada has closed 38 locations this year and put 12 more up for sale, reducing its footprint from 103 stores to just 40. Learn about the retail challenges facing the iconic toy chain.

Beer Store Closes Barrie Location for Modernization

The Beer Store is permanently closing its Barrie location as part of a company-wide modernization plan. Learn what this means for local consumers and the future of retail beer sales in Ontario.

Baytex Energy sells Eagle Ford operations for $3.25B

Calgary's Baytex Energy is divesting its U.S. Eagle Ford operations in a major $3.25 billion deal, reshaping its North American portfolio. Discover the strategic implications for Canada's energy sector.

Loblaw Q3 profit and revenue up year-over-year

Loblaw Companies Ltd. reports increased Q3 profit and revenue, demonstrating resilience in Canada's competitive grocery and drugstore retail sector. Learn how the retail giant is navigating economic pressures.

Calian Group to Sell Assets After Shareholder Deal

Calian Group announces strategic changes including divesting non-core assets after reaching agreement with key shareholder. Learn how this restructuring will impact Canada's defense and tech sectors.

Visa, Mastercard to cut fees in major settlement

Visa and Mastercard reach a landmark settlement with U.S. retailers, reducing fees and allowing merchants to reject high-cost premium credit cards. Learn how this impacts Canadian businesses.

Kitchener thieves steal $3K in baby formula

Police investigate major baby formula theft in Kitchener as thieves make off with nearly $3,000 worth of essential infant supplies. Learn about the growing retail crime trend.

PayPal Brings Buy Now, Pay Later to Canada

PayPal expands its popular buy now, pay later service to Canadian consumers, offering flexible payment options for online shopping. Discover how this impacts Canadian retail.

Lightspeed Q2 Revenue Jumps 25%, Raises Guidance

Montreal-based tech giant Lightspeed Commerce reports strong Q2 2024 results with revenue climbing to $230.3 million, prompting increased full-year financial guidance amid global expansion.

Canada Goose Q2 Loss Despite Revenue Growth

Canadian luxury outerwear giant Canada Goose reports surprising second-quarter loss despite 1% revenue increase to $281.1 million, as the company navigates wholesale challenges and invests in future growth strategies.

Bank of Canada Job Cuts Under Carney Revealed

Exclusive look at how Mark Carney's Bank of Canada implemented major workforce reductions while managing economic stability. Discover the untold story behind the central bank's restructuring during a critical economic period.

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