Sonoco Appoints Craig L. Nix to Board of Directors
Sonoco Products Company announces the appointment of Craig L. Nix, CFO of First Citizens BancShares, to its Board of Directors, bringing extensive financial leadership experience.
Sonoco Products Company announces the appointment of Craig L. Nix, CFO of First Citizens BancShares, to its Board of Directors, bringing extensive financial leadership experience.
The 2026 RLC Honors Gala Dinner in Riyadh recognized Marco Bizzarri and Ingie Chalhoub for lifetime achievements in luxury retail and women's leadership, celebrating lasting impact in the global consumer sector.
Experts warn that delaying succession planning in family businesses can lead to shareholder disputes and fractured relationships. Starting conversations early allows for alignment and thoughtful preparation of successors.
Karl Malenfant, former vice president of information technology at SAAQ, preemptively rejects all blame ahead of the SAAQClic report's publication, maintaining there was a conspiracy to destroy his reputation.
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RecommendedCourt filings reveal Toys 'R' Us Canada is on the brink of shuttering additional locations, signaling ongoing challenges for the iconic toy retailer in the Canadian market.
Breweries along Edmonton's Happy Beer Street are pushing for official entertainment district status to boost tourism and support local businesses through extended hours and events.
McDonald's Corp. reported robust fourth-quarter results with U.S. sales growing at the fastest pace in over two years, driven by value meals and marketing promotions that resonated with cost-conscious consumers.
Dutch brewer Heineken announces plans to cut up to 6,000 jobs, about 7% of its global workforce, over two years due to falling beer sales and revenues, despite a 4.4% profit increase in 2025.
Solstice Environmental Management announces Maureen Keough as its new President and CEO, succeeding founder Michelle Cotton in a strategic leadership transition focused on sustainability.
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RecommendedA Canadian jewelry company is investigating alternative metals to combat volatile precious metal prices, aiming to stabilize costs and innovate designs in a challenging market.
A court has authorized a hardship fund and termination payments for certain former Hudson's Bay employees, providing financial relief amid corporate restructuring.
Alimentation Couche-Tard has announced a comprehensive new business strategy following the termination of its attempt to acquire 7-Eleven's parent company last year, focusing on organic growth and operational enhancements.
Ontario court approves $5-million hardship fund to provide partial disability benefits and support for over 9,300 former Hudson's Bay employees after the retailer's collapse.
Canada's six largest banks have unanimously endorsed a new defence bank proposal aimed at bolstering national security investments, signaling strong corporate support for strategic economic initiatives.
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RecommendedKraft Heinz Co. suspends its separation plan under new CEO Steve Cahillane, who will invest $600 million in marketing and R&D to drive profitable growth first.
Shopify reported its highest quarterly revenue ever in Q4 2025, beating analyst expectations, but shares declined 12.5% as investors reacted to broader market concerns.
Employment lawyer Howard Levitt warns that severance packages must include pension benefits to avoid legal exposure. Omitting these valuable assets can lead to substantial financial liabilities for employers.
Private aviation firm Vista Global has finalized a significant order for 40 Bombardier Challenger 3500 aircraft, marking a major expansion in its fleet capabilities.
Heineken NV will eliminate 5,000 to 6,000 jobs over two years in response to falling beer demand, rising prices, and changing consumer habits. The Dutch brewer also reported a 2.4% volume drop in 2025.
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RecommendedCineplex Inc. announced a significant drop in fourth-quarter profit, falling to $369,000 compared to $3.3 million the previous year, reflecting ongoing pressures in the cinema industry.
Shopify's shares jumped over 10% in premarket trading after reporting a 31% revenue increase to $3.7 billion, beating analyst forecasts for the fourth quarter.
Lyft's stock fell sharply after reporting 945.5 million rides in 2025, with slowing growth casting uncertainty over the company's long-term financial and operational goals, prompting investor scrutiny.
Kraft Heinz has paused its plan to split into two companies, with the new CEO stating the firm's challenges are manageable and fixable as it refocuses on core operations.
An Edmonton woman faces charges after allegedly defrauding a local business of $138,000. The RCMP investigation highlights growing concerns about financial crimes in Alberta's capital region.
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RecommendedThe Canadian Public Relations Society announces ten new inductees to its College of Fellows, honoring their exceptional contributions to PR and communications management in Canada.
The Caisse de Depot et Placement du Quebec has paused additional capital deployment with DP World due to alleged connections between the Dubai company's CEO and Jeffrey Epstein.
Quebec's Caisse de dépôt halts new partnerships with DP World following revelations of CEO's decade-long email correspondence with Jeffrey Epstein, demanding full transparency.
Coca-Cola projects modest 2026 sales growth below analyst expectations, facing headwinds from regulatory pressures and shifting consumer preferences as leadership transitions.
Toy manufacturer Hasbro forecasts annual revenue growth below analyst estimates, citing continued consumer hesitancy to spend on non-essential items despite a strong holiday quarter performance.
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RecommendedDavid Solomon, CEO of Goldman Sachs, suggests that financial sponsors could drive a resurgence in mergers and acquisitions, signaling optimism for the investment banking sector amid current market conditions.