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Retail & Manufacturing

Malahat Nation to build large battery-systems factory

Malahat Nation to build large battery-systems factory

The nation plans to build the 100,000-square-foot facility to build battery energy storage systems at its 52-acre business park on reserve land adjacent to the Trans-Canada Highway
Aritzia stock jumps nearly 21% following latest financial results

Aritzia stock jumps nearly 21% following latest financial results

VANCOUVER — Aritzia Inc.'s stock rose almost 21 per cent on Thursday as the market responded to the company's latest earnings and several analysts upgraded their rating on the company. Shares in the Vancouver-based retailer closed $5.
Aritzia looking to new stores to boost business as it reports Q3 net income drop

Aritzia looking to new stores to boost business as it reports Q3 net income drop

Executives at Aritzia Inc. are leaning on a slew of new and upcoming stores to help boost business in its upcoming fiscal year.
Vancouver retailer Aritzia convinces court to dismiss copyright infringement lawsuit

Vancouver retailer Aritzia convinces court to dismiss copyright infringement lawsuit

Toy company had alleged the Vancouver retailer in window displays copied the style of its product
Lululemon Athletica raises financial guidance for fourth quarter

Lululemon Athletica raises financial guidance for fourth quarter

VANCOUVER — Lululemon Athletica Inc. has raised its financial guidance for its fourth quarter. The athletic clothing retailer, which keeps its books in U.S. dollars, says it now expects net revenue will be in the range of US$3.17 billion to US$3.
Lululemon founder Chip Wilson criticizes company's diversity and inclusion efforts

Lululemon founder Chip Wilson criticizes company's diversity and inclusion efforts

VANCOUVER — Lululemon Athletica Inc.'s founder has criticized the Vancouver-based apparel company's diversity efforts in a new interview.
Vehicle sales posted biggest annual jump last year since 1997: DesRosiers

Vehicle sales posted biggest annual jump last year since 1997: DesRosiers

TORONTO — Auto sales jumped 11.8 per cent in 2023 compared with the year before as vehicle supply continued to improve, according to DesRosiers Automotive Consultants. The report says it was the biggest year-over-year increase in sales since 1997.
Statistics Canada reports retail sales rose 0.7% to $66.9 billion in October

Statistics Canada reports retail sales rose 0.7% to $66.9 billion in October

Canadian shoppers opened up their wallets a touch more in October, helping retail sales rise 0.7 per cent to $66.9 billion that month, but Statistics Canada and analysts are warning such numbers won't keep climbing.
Canadian Black Friday shopping rate at all-time high: Angus Reid-DIG360 report

Canadian Black Friday shopping rate at all-time high: Angus Reid-DIG360 report

Despite high participation rate, shoppers were not impressed with the bargains on offer
Feds earmark $4M for Vancouver Island manufacturers

Feds earmark $4M for Vancouver Island manufacturers

Grants help manufacturers on Vancouver Island expand, upgrade equipment