Local Business

‘Gordon was a giant’: Giant Tiger founder Gordon Reid dies at 89

Gordon Reid, a legendary figure in Ottawa business who founded discount chain Giant Tiger and built it into one of Canada’s most successful and recognizable retail brands, has died.

Winning strategy? Tourism industry hopes sporting events can be a game-changer

Attracting marquee sporting competitions such as rugby's Pacific Four Series is the primary goal of the “bid more, win more, host more” strategy, a joint effort between Ottawa Tourism and the City of Ottawa to promote the capital as a world-class event-hosting destination.

Rideau Rollers brings “rollerskating renaissance” to Chinatown

With Rideau Rollers, Alysha Gardner is spearheading the revival of a rollerskating culture in the city and bringing variety to the streets of Chinatown.

Ottawa to host world junior hockey championship for first time in 16 years

The world junior hockey championship is returning to the nation's capital: Hockey Canada has announced that Ottawa will host the tournament from Dec. 26, 2024 to Jan. 5, 2025.

An NHL rink in the heart of downtown Ottawa? Supporters say it’s an idea worth looking at

With the Ottawa Senators’ ownership situation seemingly now settled, speculation is turning to where the team’s next home rink might be located – and the concept of building a new arena in the heart of downtown is gaining steam.

Retail sales grow 1.1 per cent in April as consumer resiliency continues

Canadian retail sales came in stronger than initially estimated, as analysts say consumers proved resilient amid an...

Strong sales but lower profits for many local businesses, retail reports suggest

Strong consumer spending patterns across Canada and particularly in Ottawa seem promising, but the data show only part of the retail picture, experts agree.

Instant Pot maker seeks bankruptcy protection as sales go cold

The maker of Pyrex glassware and the Ottawa-born Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation, with Americans pulling back on spending.

New Senators’ ownership group’s strong local flavour bodes well for franchise, observers say

A group led by Toronto-based businessman Michael Andlauer has reached an agreement in principle to purchase the NHL's Ottawa Senators for close to US$1 billion.

New Arc’teryx store a good fit for Rideau Centre, downtown Ottawa, analyst says

As Nordstrom prepares to close at the end of the month, the opening of high-performance apparel and equipment brand Arc’teryx in the CF Rideau Centre is the sort of retailer the mall needs, says one market watcher.

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