Dollarama misses sales targets after COVID-19 cuts
(REUTERS) – Canada’s Dollarama Inc missed analysts’ sales estimates for the crucial quarter as renewed COVID-19 restrictions dented traffic at its stores. The discount store chain said its business took a hit due to more strict measures by provincial authorities in December, including stricter in-store capacity limits, and a... Read more
HMV stores close as music streaming sites grow
On Jan. 27 Canada lost one of its last retail music stores: HMV. The company had been bleeding money for years and owes its major suppliers, including music labels and media studios, $56 million as of Dec. 31. In an attempt to pay back some of their losses, the company... Read more