Canada

Walmart Canada To Spend C$3.5bn On E-Commerce Push, Store Renovations

Walmart Canada has announced plans to spend C$3.5 billion (€2.26 billion) over the next five years to strengthen its e-commerce business, as the...

Uber Launches Grocery Delivery In Latin America, Canada With US To Follow

Uber Technologies Inc has further expanded delivery offerings, launching an app-based grocery service in several Latin American and Canadian cities, with t...

Couche-Tard Quarterly Results Top Estimates, Helped By Panic Buying

Canada's Alimentation Couche-Tard Inc's quarterly results beat estimates, as customers spent more per trip to its convenience stores, even as overall traff...

Canada's Dollarama Posts 2.4% Decrease In Quarterly Same-Store Sales

Canadian discount retailer Dollarama Inc posted a 2.4% decrease in quarterly same-store sales, hit by store closures and a slowdown in traffic due to publi...

Costco Reports 7.5% Growth In Net Sales In May

Wholesaler Costco has reported a 7.5% year-on-year growth in net sales, amounting to $12.55 billion (€11.11 billion) in the four weeks ended 31 May....

Constellation Brands Exercises Canopy Growth Warrants

Corona beer maker Constellation Brands Inc's subsidiary has exercised warrants to buy shares of Canopy Growth Corp, increasing its stake to 38.6% in the Ca...

Ocado Announces Launch Of First CFC In Canada

Ocado has announced the launch of the first Ocado Customer Fulfilment Centre (CFC) in Canada. The online only retailer, in collaboration with retailer S...

Canada Sees No Beef Shortage, But Prices May Rise Due To Coronavirus

The Canadian government is not expecting a beef shortage despite the spread of the novel coronavirus in certain meat-packing plants, though prices may rise...