Category : Search result: retail layoffs


Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Canadian Company Closes for Black Friday 2025

One Canadian company breaks retail tradition by closing on Black Friday 2025. Discover why they're opting out of the shopping frenzy and what it means for Canadian retail.

Shopify lays off staff to keep team focused

Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.

U.S. Retail Sales Rise Slightly in September

U.S. retail sales continued their upward trend in September with modest gains, building on months of strong consumer spending. Analysis of retail sector performance.

Apple Cuts Sales Jobs in Rare Layoff

Apple Inc. has eliminated dozens of sales roles in a rare organizational layoff, streamlining its approach to business, education, and government clients.

AI Becomes Santa's Helper for Canadian Shoppers

Artificial intelligence is revolutionizing holiday shopping in Canada, helping retailers optimize operations and consumers find perfect gifts. Discover how AI transforms the festive season.

Bell Canada Slashes Nearly 700 Management Jobs

Bell Canada parent company BCE Inc. eliminates nearly 700 positions in a 'difficult but necessary decision' to align with its strategic growth plan and cost-saving targets.

Verizon cutting 13,000 jobs in company reorientation

Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.

Metro posts $217M fourth-quarter profit

Canadian grocery and drugstore retailer Metro Inc. reports strong $217 million profit in Q4 2025. Discover how the retailer performed amid competitive market conditions.

Toys 'R' Us Canada closes 38 stores, sells 12 more

Toys 'R' Us Canada has closed 38 locations this year and put 12 more up for sale, reducing its footprint from 103 stores to just 40. Learn about the retail challenges facing the iconic toy chain.

Beer Store Closes Barrie Location for Modernization

The Beer Store is permanently closing its Barrie location as part of a company-wide modernization plan. Learn what this means for local consumers and the future of retail beer sales in Ontario.

George Weston posts $477M Q3 profit, revenue up 5%

George Weston Ltd. reports strong Q3 2025 results with a $477 million profit and nearly 5% revenue growth. Discover the key drivers behind this performance and what's next for the Canadian retail giant.

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