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Retail & Manufacturing

Statistics Canada says manufacturing sales up 2.8 per cent at $72.6B in October

Statistics Canada says manufacturing sales up 2.8 per cent at $72.6B in October

OTTAWA — Statistics Canada says manufacturing sales rose 2.8 per cent to $72.6 billion in October as higher prices helped boost petroleum and coal industry sales. The agency says sales were up in 12 of the 21 industries it tracks, led by a 12.
Retail sales flat in September as inflation takes a bite

Retail sales flat in September as inflation takes a bite

NEW YORK (AP) — The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things. Retail sales were flat last month, down from a revised. 0.
Aritzia earnings rise in second quarter on strong retail and e-commerce sales

Aritzia earnings rise in second quarter on strong retail and e-commerce sales

VANCOUVER — Aritzia Inc. saw net income go up 16 per cent in the second quarter of fiscal year 2023, as both retail and e-commerce sales rose year over year. The Vancouver-based clothing retailer said it earned $46.
Teens rank Lululemon as second favourite clothing brand

Teens rank Lululemon as second favourite clothing brand

Investment bank Piper Sandler upgrades Lululemon shares partly because of its survey results
Businesses considering added credit card fee to pass on costs as rules change: survey

Businesses considering added credit card fee to pass on costs as rules change: survey

TORONTO — Canadians may see a jump in businesses adding credit card surcharges as restrictions on the practice lift this week, though research from the Bank of Canada shows consumers have long been paying extra because of the payment option.