Five Canadian business stories to watch this week
Transat shareholders are scheduled to vote on Air Canada’s proposed acquisition in one of this week’s major Canadian business stories
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Metro fast tracks adding tech to retail stores to boost productivity and profits
Metro Inc. will fast-track adding technology tools, including self-service checkouts and electronic shelf labels, to its stores in a transformation that will help to lower
Group Mach’s offer for 6.9 million Transat A.T. shares blocked by tribunal
Quebec’s securities tribunal has barred a developer’s offer to buy up Transat shares, halting Group Mach’s bid to block the tour operator’s sale to Air
Five Canadian business stories to watch this week
Earnings from Smiths Falls-based Canopy Growth are among the stories to watch this week in Canadian business
Canadian Tire buying 65 store Party City business for $174.4M cash
Canadian Tire Corp. is diversifying its store offerings with a move the national retailer expects to strengthen its connection with millennial customers
Transat warns of ‘abusive’ bid by Group Mach, files complaint with regulator
Transat is warning shareholders against an “abusive, coercive, misleading” move by Montreal real estate developer Group Mach to block the tour operator’s sale to Air
CRGroup finds its silver lining in the cloud
Merger with Quisitive means faster growth and need for new hires
Five Canadian business stories to watch this week
Air Canada, SNC-Lavalin and Enbridge will all report earnings this coming week in Canadian business
Amazon’s spending on quick delivery is squeezing its profits
Spending on next-day Prime delivery is ‘a necessary strategy to compete with brick-and-mortar’s speed advantage to the customer,’ analyst says.
Loblaw’s ‘overzealous’ algorithm use sees sluggish same-store sales growth
Algorithms focused on profitability and increased margins decreased the emphasis on promotions to bring customers into the stores.
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