Business

Sears Canada closes its final stores

The long-time staple of Canada’s retail landscape declared bankruptcy last year

Facebook edits feeds to bring less news, more sharing

Facebook shares dropped more than 5 per cent to $177.31 in premarket trading after change unveiled

Torstar, Postmedia newspaper closures aim to cut competition: analysts

Postmedia to shut 21 community newspaper properties, while Metroland Media to close three dailies

Stores offer Cyber Monday deals to keep shoppers coming

Shoppers are expected to spend $6.6 billion on Cyber Monday

Black Friday fervour wanes as some consumers, retailers shun practice

Some businesses are choosing to opt out, while some shoppers are turning to buying online

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Cost to fix Phoenix pay system to surpass $540 million: auditor general

Michael Ferguson’s review hints the entire system should be scrapped

Amazon gets 238 proposals for 2nd headquarters

Submissions were due last week. Online retailer has said tax breaks and grants would be factors

Sears Canada asks court for permission to liquidate

Liquidation sales could start mid-October

Retail giants seize on pop-ups to woo millennials

Pop-up shops backed by big corporations now spring up like whack-a-moles

Ontario first to release plan to sell and distribute marijuana

When drug is legalized, government will sell marijuana in as many as 150 LCBO stores

Bank of Canada raises interest rate to 1 per cent

Increase comes as country’s powerful growth broadens

Hudson’s Bay opens shop in the Netherlands

The retailer steps outside Canada with its flagship brand in Amsterdam

Storm brewing over Ottawa’s tax proposals

Small businesses are headed for an autumn tax showdown with the Trudeau government

Gas prices jump overnight in some Canadian markets, led by B.C., Quebec

Average price soars above $1.16 per litre because of extensive flooding in Houston

CPP reform to help boost plan’s assets above $15 trillion by 2090: analysis

Federal calculations follow deal last year to increase Canadians’ retirement benefits

Group of Sears Canada creditors wants to sue

Sears Canada is undergoing a rebranding, following the closure of 59 locations across the country

UPDATE: Sears Canada closing 59 of its stores across Canada

Roughly 2,900 jobs expected to be lost, amid restructuring.