Shopify to reduce its workforce by 10% due to slowed growth
The decision will affect employees in recruiting, support and sales, as well as over-specialised and duplicate roles.
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Couche-Tard records 37.3% full-year revenue growth in FY22
The company suspended operations at its 38 stores in Russia in April due to the country's invasion of Ukraine.
DoorDash and Loblaw to launch offer grocery deliveries in Canada
The service will deliver grocery and convenience items from Loblaw in 30 minutes or less.
Athleta to open five new Canadian stores in 2022
Founded in 1998, the brand offers performance lifestyle products for women and girls.
Dollarama reports 12.4% sales growth in first quarter of FY23
The retailer's operating income for the quarter grew by 24.4% to C$220.0m ($175.07m).
lululemon athletica posts 32% growth in revenue for Q1 2022
The company expects net revenue to be in the range of $7.610bn to $7.710bn for full year 2022.
Canada Goose posts $174.5m revenue in fourth quarter of FY22
The company expects its revenue for FY23 to be between $1.01bn and $1.09bn.
Giant Tiger and Instacart to offer same-day delivery in Canada
The partnership aims to strengthen Giant Tiger’s position as a discount retailer in Canada.