Canada

Plastic Straws, Bags No More; Canada Aims To Clean Up Its Act

Canada plans to ban some single-use plastics like straws, bags and cutlery by early 2021 to reduce waste and litter and protect the world's oceans, Canadia...

Costco Wholesale Sees Sales Up 5.9% In May

Costco Wholesale Corporation reported net sales of $11.67 billion in May – an increase of 5.9% on last year’s $11.02 billion (€9.76 b...

Ocado To Develop Sobeys Customer Fulfilment Centre In Montreal

Ocado has announced that it plans to develop a second Customer Fulfilment Centre (CFC) for Canadian retailer Sobeys in Pointe-Claire, Montreal. The...

Canada's Saputo Acquires Dairy Crest

Canadian dairy giant Saputo has announced the completion of its acquisition of UK firm Dairy Crest for a price of £6.20 per share, in a deal that val...

Dollarama's Fourth Quarter Profit Misses Estimates

Canadian discount chain Dollarama Inc's quarterly profit marginally missed analysts' estimates on Thursday, as fewer customers shopped at its dollar stores...

Saputo Acquisition Offers 'Compelling Value', Says Dairy Crest

The directors of Dairy Crest have recommended a cash acquisition of the business by Canadian dairy firm Saputo, which values the company at £975 mill...

Molson Coors Posts Lower-Than-Expected Quarterly Sales

Molson Coors Brewing Co on Tuesday reported lower-than-expected quarterly sales and said it would restate its financial statements for fiscal 2016 and 2017...

Altria In Talks To Buy Cannabis Company Cronos Group: Sources

Cigarette maker Altria Group Inc is in early stage talks to acquire Canadian cannabis producer Cronos Group Inc, as it seeks to diversify its business beyo...