Canadian retail giant Loblaw is to spin off and float its real estate assets to provide it with capital to expand. Loblaw said today (6 December) it would set up a Real Estate Investment Trust and sell units in it via an IPO. "This ...
Tags: Real Estate Assets, Canadian retail, capital
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
The Canadian Food Inspection Agency(CFIA)has announced the results of a study,which revealed that the tomato samples that were analyzed during routine testing were free of contamination and were safe for human consumption. The study ...
A test conducted by the Canadian Food Inspection Agency's(CFIA)revealed that the cantaloupe samples collected from Canadian retail stores did not contain Salmonella or Shigella and were safe for human consumption. For the test,the agency ...
Tags: CFIA, Salmonella, food, safety
Nordstrom announced plans to start serving customers with its first full-line stores in Canada beginning Fall of 2014. The company is partnering with Cadillac Fairview, one of North America's largest investors, owners and managers of ...
Tags: Nordstrom, full-line stores, shopping destinations, shopping centres
In an unexpected and surprising development,Leon's Furniture Limited will acquire its archrival,The Brick,in a deal made in response to the rising American presence in the Canadian retail landscape while shoring up their respective ...
Tags: Leon's Furniture, Brick, Brick shares
Canadian seafood processor High Liner Foods saw its in half-year net profit plummet on the back of costs related to the acquisition of Icelandic Group. Net income for the six months of the year ending 30 June slides 80.9% to C$2.8m ...
Tags: seafood, acquisition, frozen seafood, food
From checking blood glucose levels, to monitoring the movements of a newborn baby, Canadians are increasingly able to monitor their health across a growing variety of devices and services. What most will not know is that in the background, ...
Tags: wireless connection, CTIA Wireless 2012, mobile health