Tag: PMN Retail & Marketing

Sep 1

Brands warm to new products as climate change lessens demand for cold weather gear

Breadcrumb Trail Links PMN PMN Business PMN Retail & Marketing Author of the article: The Canadian Press Tara Deschamps Published Sep 01, 2024  •  4 minute read Entrepreneur Bertrand Cesvet is a member of an investment group that bought Kanuk, a luxury parka brand based in Quebec, in May. Cesvet is seen in an undated […]
Aug 13

Home Depot trims guidance with anxiety about the broader economy up among contractors and homeowners

Article content Home Depot’s second-quarter sales rose slightly as the nation’s biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers continued to rein in spending because of broadly higher costs and elevated interest rates. Sales edged up to $43.18 billion, from $42.92 billion, beating the $42.57 billion that Wall Street […]
Jul 12

Apple launches Vision Pro in Canada, but $5,000 price tag could make people ‘pause’

Breadcrumb Trail Links PMN PMN Business PMN Retail & Marketing PMN Technology Author of the article: The Canadian Press Tara Deschamps Published Jul 12, 2024  •  4 minute read Apple’s Vision Pro headset is expected to make its Canadian debut today. Bryan Chiang tries out an Apple Vision Pro headset during the first day of […]
Jul 8

No music, dimmed lights help shoppers during sensory-friendly hours at retailers

Breadcrumb Trail Links PMN Retail & Marketing PMN Business Author of the article: The Canadian Press Tara Deschamps Published Jul 08, 2024  •  4 minute read People shop at a Walmart in Vaughan, Ont., during sensory hours, which are select hours that accommodate people who want a quieter shopping experience, on Wednesday, July 2, 2024. […]
May 4

London Drugs announces gradual reopening of stores following cybersecurity incident

Article content London Drugs says it is gradually reopening its stores following a cybersecurity incident that shuttered its more than 80 locations across Alberta, Saskatchewan, Manitoba and B.C. The Richmond, B.C.-based pharmacy chain says in a statement issued Saturday that it’s “taking the time with each store to ensure systems are working and ready to […]
Feb 18

‘Always a reason to buy beauty’: Young shoppers keep cosmetics hot despite inflation

Breadcrumb Trail Links PMN Retail & Marketing PMN Business Author of the article: The Canadian Press Tara Deschamps Published Feb 18, 2024  •  4 minute read Join the conversation Article content TORONTO — In Keon Zhang’s household, it started with a rite of passage: his eight-year-old discovering a pimple. “She was like, ‘Daddy, I need […]
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 […]