Five things you should know before you start your workday on Feb. 23
Good morning. Finance Minister Bill Morneau expects the government’s shortfall could be at least $18.4 billion for 2016-17. Facebook CEO Mark Zuckerberg is backing Apple in its bitter battle with the...
View ArticlePeace of mind or just another headache? The pros and cons of putting your...
Illustration by Chloe Cushman Every month my credit cards automatically pays out $7.99, $4.99, $11.99, $17.25, $39.98 and $182. Without touching cash or even tapping my card, I immediately owe $264.20...
View ArticleHoliday U.S. retail sales to grow, but big chains will be getting a smaller...
U.S. retail sales will grow about 4 per cent this holiday season, buoyed by a better job market, according to a forecast by Deloitte LLP. Still, the news isn’t all good for big retail chains. Consumers...
View ArticleAmazon.com Inc is spending from a position of strength
The old saying that ‘you have to spend money to make money,’ isn’t resonating with Amazon.com Inc. investors these days. They drove the stock lower, after being spooked by the e-commerce giant’s...
View Article‘Tis the season to splurge on chocolate as cocoa prices continue their...
Cocoa prices are spiraling lower, making chocolate cheaper just in time to stuff those Christmas stockings even more full of treats. Futures in New York have tumbled to a three-year low as rains...
View ArticleBetter design and ‘atmosphere’: Why Canadian malls are thriving while...
TORONTO — A spate of pending department store closures has many industry watchers fretting about the future of shopping malls, but in Canada, the picture looks quite a bit brighter than it does in the...
View ArticleGarry Marr: Why the economics of buying flowers on Valentine’s Day really stink
Valentine’s Day is just an excuse for retailers to soak consumers’ wallets and a bouquet of blooms is among the worst deals going on Feb. 14
View ArticleWhat’s more important to Amazon.com than $1 billion of revenue on Prime Day
Get your smartphones and laptops ready because Prime Day is fast approaching. Amazon.com Inc. is promising hundreds of thousands of deals, with new offers rolling out as frequently as every five...
View ArticleCanadian retail sales cool in June as interest rate hike still expected
By David Ljunggren OTTAWA — Canadian retail sales cooled in June after three consecutive months of solid growth, but analysts said the economy’s overall tone was still strong enough to warrant another...
View ArticleHudson’s Bay posts a deeper loss, misses industry estimates
Department store retailer Hudson’s Bay Co. posted a deeper second-quarter loss on sluggish sales as the company battles an activist investor and general malaise in the traditional store-based retail...
View ArticleFrom Sears to J. Crew, the holiday will be make-or-break for these struggling...
The holiday season is always a pressure cooker for retailers, but this year promises to be more stressful than usual. With foot traffic dwindling and more consumers shopping online, brick-and-mortar...
View ArticleHoliday U.S. retail sales to grow, but big chains will be getting a smaller...
U.S. retail sales will grow about 4 per cent this holiday season, buoyed by a better job market, according to a forecast by Deloitte LLP. Still, the news isn’t all good for big retail chains. Consumers...
View Article‘Tis the season to splurge on chocolate as cocoa prices continue their...
Cocoa prices are spiraling lower, making chocolate cheaper just in time to stuff those Christmas stockings even more full of treats. Futures in New York have tumbled to a three-year low as rains...
View ArticleCanadian retail sales cool in June as interest rate hike still expected
By David Ljunggren OTTAWA — Canadian retail sales cooled in June after three consecutive months of solid growth, but analysts said the economy’s overall tone was still strong enough to warrant another...
View ArticleFrom Sears to J. Crew, the holiday will be make-or-break for these struggling...
The holiday season is always a pressure cooker for retailers, but this year promises to be more stressful than usual. With foot traffic dwindling and more consumers shopping online, brick-and-mortar...
View ArticleBlack Friday 2014 deals expected to draw 140 million shoppers in the U.S. alone
An estimated 140 million U.S. shoppers will hit stores and the Web this weekend in search of Black Friday discounts, kicking off what retailers predict will be the best holiday season in three years
View ArticleCanadian Tire, Dollarama bucking the retail trend
It's been a tough year for Canada's discretionary retailers, but two companies are bucking the trend and remain solid opportunities for investors, says Keith Howlett, analyst at Desjardins Securities Inc.
View ArticleFive things you should know before you start your workday on Feb. 23
Top miner BHP Billiton slashed its dividend and Ottawa sees a much bigger deficit ahead than originally anticipated. These stories and more in your morning cheat sheet to the Financial Post
View ArticlePeace of mind or just another headache? The pros and cons of putting your...
It makes sense for some to sign up for automatic payments, but there are factors about all this unconscious spending that can cause people to worry
View ArticleHoliday U.S. retail sales to grow, but big chains will be getting a smaller...
The shift in consumer behaviour to niche products means traditional retailers will have to work harder over the holidays to entice customers
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