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Retail & Manufacturing

Aritzia sees net income fall to $17.5 million in first quarter despite higher revenue

Aritzia sees net income fall to $17.5 million in first quarter despite higher revenue

VANCOUVER — Aritzia Inc. saw its net income for the first quarter fall to $17.5 million, almost half of its net income of $33.3 million a year earlier, amid inflationary headwinds and economic pressures on shoppers.
Auto sales continue to rise in June, up 12.6 per cent from last year: DesRosiers

Auto sales continue to rise in June, up 12.6 per cent from last year: DesRosiers

RICHMOND HILL, Ont. — DesRosiers Automotive Consultants Inc. says June brought another strong month for auto sales. The consultancy firm says total light vehicle sales for the month were up 12.6 per cent from a year ago.
Clothing retailer Kit and Ace bought by company co-owned by Joe Mimran

Clothing retailer Kit and Ace bought by company co-owned by Joe Mimran

VANCOUVER — Kit and Ace Technical Apparel Inc. has been bought by a company co-owned by Canadian fashion designer and entrepreneur Joe Mimran. The price paid for the clothing retailer by Unity Brands Inc.
Arnaud Bussieres out as CEO at online-eyewear seller Clearly

Arnaud Bussieres out as CEO at online-eyewear seller Clearly

Company that last year had more than 200 Metro Vancouver employees has yet to announce successor
Vancouver retailers enduring 'bumpy ride' but resilient: Colliers

Vancouver retailers enduring 'bumpy ride' but resilient: Colliers

Resilient sector battles inflation, staff shortages, minimum-wage hikes
Canadian clothing and footwear pricing below 2002 levels

Canadian clothing and footwear pricing below 2002 levels

Retail category rose in price 0.7 per cent in past year, far below the 3.4 per cent overall inflation rate
Packaging manufacturer hires 20 staff to work on new line in Langley

Packaging manufacturer hires 20 staff to work on new line in Langley

CKF Inc. installs new production line for certified home-compostable and recyclable food packaging
Vancouverites react to sky high gas prices over $2/litre

Vancouverites react to sky high gas prices over $2/litre

"So I guess we’re numb to this now?"
'Our turnaround is now complete': Sobeys parent Empire completes multi-year overhaul

'Our turnaround is now complete': Sobeys parent Empire completes multi-year overhaul

Empire Company Ltd. said Thursday its full-service grocery stores rebounded in its latest quarter as it added more private-label food items, the pace of inflation slowed and the company's multi-year overhaul paid off with customers.
sa¹ú¼Ê´«Ã½ Bread fined $50M for bread price fixing, Competition Bureau turns to grocers

sa¹ú¼Ê´«Ã½ Bread fined $50M for bread price fixing, Competition Bureau turns to grocers

Bakery giant sa¹ú¼Ê´«Ã½ Bread Co. has been fined $50 million after pleading guilty to its role in a criminal price-fixing scheme that inflated the price of bread in sa¹ú¼Ê´«Ã½ for years.