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Nova Scotia opposition parties take aim at new ‘gimmicky’ buy local point program
Nova Scotia's opposition leaders call the province's new program aimed encouraging people to buy local "gimmicky" and "laughably stupid." Nova Scotia Premier Tim Houston speaks to reporters at the Council of the Federation in Halifax on Tuesday, July 16, 2024. THE CANADIAN PRESS/Darren Calabrese
report on business
Apple has reached its first-ever union contract with store employees in Maryland
FILE - An Apple store employee stands inside the store in New York on Feb. 5, 2021. The International Association of Machinists and Aerospace Workers’ Coalition of Organized Retail Employees, which represents the employees at a Apple store location in Maryland, announced Friday, July 26, 2024 that it struck a three-year deal with the company that will increase pay by an average of 10% and offer other benefits to workers. (AP Photo/Mark Lennihan, File )
newsletter
Business Brief: Let’s get this bread
A shopper leaves a Loblaws yesterday in Toronto.
report on business
After $500-million Loblaw price-fixing settlement, lawyers set sights on other industry players
Cyclists pass a Loblaws in downtown Toronto on July 25, 2024. July 25, 2024. (Sammy Kogan/The Globe and Mail)
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Loblaw, parent company George Weston agree to pay $500-million to settle bread price-fixing lawsuits
A worker pushes carts outside Loblaw in Toronto’s east end. A quick-growing month-long boycott movement begins against the grocery giant for the month of May, as shoppers express frustrations with high food prices. May 1, 2024. (Sammy Kogan/The Globe and Mail)
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Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
FILE PHOTO: The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. REUTERS/Sarah Meyssonnier/File Photo
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Fairfax strikes $1.7-billion deal to buy Sleep Country Canada
Pedestrians walking past a Sleep Country mattress store in Toronto, are photographed on Sept 6, 2023. (Fred Lum/The Globe and Mail)
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Fairfax to purchase Sleep Country in $1.7-billion deal
Sleep Country Canada Holdings Inc. reported its first-quarter profit fell compared with a year ago as its revenue edged higher.Pedestrians walk past a Sleep Country Canada store on Yonge Street in Toronto on Tuesday, October 19, 2021. THE CANADIAN PRESS/Evan Buhler
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LCBO stores to reopen Tuesday after union ratifies tentative agreement, bringing end to two-week strike
LCBO workers and supporters hold a strike rally at a picket line in front of an LCBO store, in Toronto on July 6, 2024. THE CANADIAN PRESS/Christopher Katsarov
opinion
The grocery code of conduct has suppliers settling for scraps
Vass Bednar and Denise Hearn
canada
LCBO stores could reopen Tuesday after the company, union resolve last-minute dispute
LCBO Workers and supporters hold a strike rally at a picket line in front of an LCBO store, in Toronto on Saturday, July 6, 2024. THE CANADIAN PRESS/Christopher Katsarov
canada
LCBO confirms strike over, stores to reopen Tuesday
Liquor Control Board of Ontario (LCBO) employees picket in front of a close LCBO store in downtown Ottawa on July 5, 2024. THE CANADIAN PRESS/Sean Kilpatrick
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Grocery code of conduct could spur investment, stabilize food prices, president of Kraft Heinz Canada says
Shoppers look through fresh fruit and vegetables at Wellesley Fruit Market in Downtown Toronto on June 20, 2024. June 20, 2024. (Sammy Kogan/The Globe and Mail)
international business
Panera Brands exploring sale of coffee and bagel chains, sources say
FILE - In this March 8, 2010, file photo, an employee passes an order to a customer at a Panera Bread store in Brookline, Mass. Panera is being acquired by Europe’s JAB Holding Co. for more than $7 billion. JAB is better known for the growing stable of brands it owns, including a controlling stake in Peet’s Coffee & Tea, most of Caribou Coffee Co., Stumptown Coffee and Keurig Green Mountain. (AP Photo/Charles Krupa, File)
economy
Canadian retail sales down 0.8% in May as consumers rein in spending
People shop at the Toronto Premium Outlets mall in Milton, Ont., Friday, Nov. 27, 2020. As many Canadians no longer fear congregating and vaccine passports have been dropped, real estate firms say retail and restaurant chains are scrambling to pick up space again. THE CANADIAN PRESS/Nathan Denette
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All major Canadian grocers agree to sign on to grocery industry code of conduct
People line up at the cash registers at a Costco in Ottawa, amid growing concern about COVID-19, on Friday, March 13, 2020. THE CANADIAN PRESS/Justin Tang
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Final hurdle clears for Canada’s grocery code of conduct as Walmart, Costco sign on
Food inflation ticked higher in Canada in May for the first time in nearly a year. A customer shops in the produce section at a grocery store In Toronto on Friday, Feb. 2, 2024. THE CANADIAN PRESS/Cole Burston
international business
Amazon says it saw record sales during this year’s Prime Day
FILE PHOTO: An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, U.S., June 21, 2021. REUTERS/Brendan McDermid TPX IMAGES OF THE DAY/File Photo
report on business
The Body Shop International nears sale – but it doesn’t include the Canadian assets
The Body Shop International is in talks to be sold to a consortium backed by a British beauty tycoon, but right now the potential deal doesn't include Canadian assets. The exterior of a Toronto Body Shop store is seen on Monday, March 4, 2024. THE CANADIAN PRESS/Chris Young
explainer
What is the grocery code of conduct, and how could it impact food prices for Canadians?
Various brands of bread sit on shelves in a grocery store in Toronto on Nov. 1, 2017.
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