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DavidsTea closing 82 stores in Canada and all 42 stores in the U.S. market

DavidsTea closing 82 stores in Canada and all 42 stores in the U.S. market

MONTREAL — Insolvent beverage retailer DavidsTea is closing 82 stores in Canada and all 42 of its stores in the U.S. as it focuses on its e-commerce business and supplying grocery stores and pharmacies.
Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19

Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19

VANCOUVER — Aritzia Inc. reported a first-quarter loss and revenue drop after temporarily closing all its stores due to COVID-19 health precautions, but the clothing retailer sees an opportunity to expand its business amid the global pandemic.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,568.64, down 60.55 points.) Kinross Gold Corp. (TSX:K). Materials. Up 17 cents, or 1.66 per cent, to $10.43 on 6.9 million shares.
S&P/TSX composite index relatively flat ahead of second-quarter earnings

S&P/TSX composite index relatively flat ahead of second-quarter earnings

TORONTO — Canada's main stock index was relatively flat Thursday ahead of next week's start to eagerly anticipated second-quarter earnings results. The S&P/TSX composite index closed down 60.55 points at 15,568.
Sur La Table closing stores, seeking bankruptcy protection

Sur La Table closing stores, seeking bankruptcy protection

SEATTLE — Cookware and kitchen chain Sur La Table is closing 56 of its 121 stores as it seeks bankruptcy protection, the latest retail casualty of the coronavirus pandemic.
More than half of Canadians polled say they have experienced a cybercrime

More than half of Canadians polled say they have experienced a cybercrime

TORONTO — More than half of Canadians surveyed say they've been a victim or target of a cybercrime, according to a new poll.
Parades, close-ups with Mickey out as Disney World reopens

Parades, close-ups with Mickey out as Disney World reopens

ORLANDO, Fla. — Forget about up-close “meet-and-greet" sessions with Mickey Mouse or Donald Duck when Walt Disney World parks reopen.
Postmedia revenue down more than 25% amid COVID-19 advertising pullback

Postmedia revenue down more than 25% amid COVID-19 advertising pullback

The owner of Canada's largest newspaper chain saw its most recent quarterly revenue slashed by a quarter as advertising revenue decline accelerated amid the COVID-19 pandemic, but said it would stop a pay reduction program one month early thanks to g
Cyprus to get 1st natural gas import terminal in 2 years

Cyprus to get 1st natural gas import terminal in 2 years

NICOSIA, Cyprus — Cyprus said it plans to transition to cleaner and cheaper natural gas for energy generation in two years as work officially began Thursday to build the east Mediterranean island nation’s first gas import terminal.
Torstar confirms it has received second offer for the newspaper chain

Torstar confirms it has received second offer for the newspaper chain

TORONTO — The owner of the Toronto Star says it has received a potentially superior second purchase offer from a private investor group. In response to a request from the Investment Industry Regulatory Organization of Canada, Torstar Corp.