Local Business

In financial filings released Monday, parent company Aegis Brands said Ottawa-based coffee retailer posted revenues of $4.05 million for the three-month period ending Dec. 25, 2022, up from $3.38 million the previous year.

Bargain hunters are one step closer to seeing sales at Nordstrom's closing Canadian locations.

Stressed shoppers looking for a comforting reminder of days gone by will welcome the return of Zellers when the discount store reopens its doors in Ottawa next week, one retail analyst argues.

Desmond McNamee says it was the isolating side of the gym experience inspired him and his business partner, Guillem Ros, to invent their weight-lifting tracker app Hevy. 

A new private equity firm based in Ottawa says it has acquired the company behind one of the world's largest pornography site, Pornhub.

Citing a source familiar with the sales process, Sportico said the bids will be whittled down to a shortlist in the near future and site visits will commence later this month.

Bushbalm Skincare, an Ottawa startup that has seen runaway revenue growth over the past few years, has entered into an agreement with Ulta Beauty.

While the Ottawa market was not a fit for American luxury retailer Nordstrom, at least one local market watcher believes its closure opens the door for other opportunities.

Canadian retailer Sporting Life Group is launching a new chain of big box stores that will cater to players of team sports of all ages and genders.

Nordstrom's departure from Canada's retail landscape will leave significant holes in shopping malls, and some analysts say landlords will need to get creative to fill the space.