Category: PMN Retail & Marketing

Aug 10

Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Article content Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business. The Edmonton-based pot business revealed Thursday that its first quarter net loss amounted to $28.3 million compared with a net loss […]
Aug 9

Canopy Growth sees $42M net loss in Q1 as cost reduction efforts continue

Article content Canopy Growth Corp. reported a $42-million net loss in its most recent quarter, which its chief executive said was spent making “significant and sweeping changes” that left the cannabis business “simplified, asset-lite” and ready to complete in the turbulent pot market. Among the changes David Klein trumpeted on a Wednesday call with analysts […]
May 18

Lightspeed Commerce reports US$74.5M Q4 loss, revenue up 26% from year ago

Breadcrumb Trail Links PMN Retail & Marketing PMN Business Author of the article: The Canadian Press Tara Deschamps Published May 18, 2023  •  3 minute read Join the conversation The Lightspeed offices are seen Tuesday, May 16, 2023 in Montreal. Photo by Ryan Remiorz /The Canadian Press Article content When Lightspeed Commerce Inc.’s chief executive […]
Feb 6

Ontario cannabis shop sales data circulating, provincial pot regulators investigate

Breadcrumb Trail Links PMN Retail & Marketing PMN Business Author of the article: The Canadian Press Tara Deschamps Published Feb 06, 2023  •  3 minute read Join the conversation Harvested cannabis is shown in Fenwick, Ont. on Tuesday, June 26, 2018. Another data breach has hit Ontario’s cannabis sector and left sales figures from pot […]
Jan 18

Hudson’s Bay Company unveils 25 Zellers locations to open inside select stores

Article content TORONTO — Hudson’s Bay Company has unveiled a list of the first 25 Zellers locations to open inside select Hudson’s Bay department stores across Canada. Article content This past August, HBC announced that it was reviving the Zellers banner, a decade after the discount chain closed most of its stores in Canada. The […]