By Staff The Canadian Press Posted July 21, 2023 10:07 am Decrease article font size Increase article font size Statistics Canada reports that retail sales in May increased by 0.2% to $66.0 billion, with new car dealers and grocery stores contributing to the gains. However, this figure fell short of the agency’s previous estimate of …
Canadian retailer Indigo Books and Music Inc. has reported a loss of $49.6 million in its latest financial year. The company attributes this loss to a ransomware attack on its website and payment systems, as well as the impact of cooling consumer spending. The cyberattack resulted in the compromise of personal information belonging to both …
By Staff The Canadian Press Posted June 21, 2023 9:38 am Updated June 21, 2023 9:57 am Decrease article font size Increase article font size According to Statistics Canada, retail sales in April increased by 1.1% to reach $65.9 billion. The growth was primarily driven by general merchandise retailers and food and beverage stores. This …