Retail & Manufacturing

OTTAWA — Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa's GST/HST holiday.

TORONTO — Hudson's Bay says it has laid off 41 staff as it revamps the retailer's structure.

VANCOUVER — Walmart Canada says a third-party supplier that weighed and labelled meat products for its Richmond, B.C., store took immediate "corrective action" when it was made aware some products were being priced incorrectly.

OTTAWA — Canadian industry groups are calling on the government to protect businesses if U.S. president-elect Donald Trump goes ahead with his threat to impose tariffs on Canadian goods headed to the U.S.

OTTAWA — Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5 billion in November, helped by higher sales in the aerospace product and parts industry group and the petroleum and coal product subsector.

Dropping the tax would increase business investments by 17%

Retail analysts say likely buyer is another private-equity company

TORONTO — New data says Black Friday was the busiest shopping day of the 2024 holiday season in Canada, regaining the top spot after recent years were dominated by pre-Christmas shopping.

VANCOUVER — Lululemon Athletica Inc. has raised its forecast for revenue and earnings per share for its fourth quarter following a strong holiday season.

Aritzia Inc.'s net income jumped by almost 72 per cent over the last year as the company's e-commerce and U.S. revenues soared, but some of its financial figures also showed softness in the Canadian market.