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Retail & Manufacturing

North Saanich De Havilland plant expands as orders ramp up for firefighting planes

North Saanich De Havilland plant expands as orders ramp up for firefighting planes

The local employee count doubled to about 300 in recent months, says De Havilland Canada’s vice-president for corporate affairs
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Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a U.S. slowdown. The Vancouver-based athletic apparel retailer's fourth quarter, which ended Jan.
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Statistics Canada reports retail sales down in January as new car sales fell

Statistics Canada reports retail sales down in January as new car sales fell

A retreat in new car purchases helped push the country's retail sales down 0.3 per cent to $67 billion in January, Statistics Canada said Friday.
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Lululemon earnings rise to US$669.5 million in the fourth quarter

Lululemon earnings rise to US$669.5 million in the fourth quarter

VANCOUVER — Lululemon Athletica Inc. says it earned US$669.5 million in its fourth quarter, up from US$119.8 million a year earlier. The Vancouver-based clothing company's revenues for the fourth quarter were US$3.2 billion, up from US$2.
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Industry urges governments to commit to ongoing EV rebates

Industry urges governments to commit to ongoing EV rebates

Quebec government's planned phase-out of its EV rebates have industry players fearing B.C. could follow suit.
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Cannabis use twice as high among younger Canadians, survey shows

Cannabis use twice as high among younger Canadians, survey shows

Dried leaf, or flower, is the most popular cannabis product category, followed by edibles.
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As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses

As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses

TORONTO — The usual sight of green-clad revellers celebrating St. Patrick's Day is expected across Canada on Sunday — but compared with a decade ago, fewer of them will be indulging in alcohol.
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Manufacturing sales up 0.2 per cent in January: Statistics Canada

Manufacturing sales up 0.2 per cent in January: Statistics Canada

OTTAWA — Canada's manufacturing industry saw a slight lift in January as sales edged upward, the country's data agency said Thursday. Statistics Canada's latest data shows manufacturing sales rose 0.2 per cent to $71.
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Chip Wilson criticizes Lululemon for becoming like The Gap

Chip Wilson criticizes Lululemon for becoming like The Gap

Company's founder alleges that current CEO caters to the 'lowest common denominator'
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New vehicle inventories in Canada at record high: AutoTrader

New vehicle inventories in Canada at record high: AutoTrader

‘Now is the closest to a buyer’s market we’ve seen in years’ - AutoTrader
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