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09:00 Sears Canada's future is in doubt. How did it come to this?

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09:01 The story behind an alleged fraud worth millions in Nova Scotia's lobster industry

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20:25 Ontario Budget 2017: Toronto gets new taxes, but not the big bucks it was looking for

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20:45 Sears closures in Saint John, Bathurst mark end of retailing landmarks, cities say

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09:00 WestJet boasts it doesn't overbook flights in ad targeting airlines that do

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21:37 The Bank of Canada interest rate decision shows Sunny Stephen is back

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Business

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  • The close: TSX rises as energy shares rebound with oil Add to ..

    June 17, 2017 4:27 AM 13

    Canada’s main stock index rose on Friday as energy shares rebounded with oil prices, offsetting losses for consumer staple companies on news that internet retailer Amazon.com Inc was buying Whole Foods Market Inc. The Canadian consumer staples sector tumbled as much as 3.36 per cent in its sharpest fall since October 2008 before it pared losses to 1.4 per cent. Loblaw

  • Rooted in Counterculture, Whole Foods’ Founder Finds an Unlikely Refuge

    June 17, 2017 4:27 AM 9

    In September, Neuberger Berman, a $267 billion investment firm that had been quietly building its own position in Whole Foods stock, sent a letter to the board of directors that highlighted issues with the company’s business. In November, Walter Robb, Mr. Mackey’s co-chief executive and heir apparent, stepped down. Mr. Mackey was once again leading the company

  • RCMP investigating ‘harmful extraneous material’ in some B.C. milk Add to ..

    June 16, 2017 10:38 PM 7

    RCMP are investigating after a Quebec-based dairy recalled some of its milk products that are distributed in British Columbia due to what a federal agency calls “harmful extraneous material.” Cpl. Tammy Douglas says the RCMP has received complaints over the past few weeks from Vancouver Island about the milk products. The Canadian Food Inspection Agency

  • Amazon's Whole Foods deal another tech company 'swallowing ever greater portions of our economy'

    June 16, 2017 9:42 PM 11

    Amazon's purchase of Whole Foods is just the latest step on the company's steady rise to power, says the author of The Everything Store: Jeff Bezos and the Age of Amazon. The online retail giant announced on Friday it would buy the high-end grocery chain for $13.7 billion, in a move that gives the online retailer a physical network of stores to distribute

  • Amazon shakes up grocery sector with $13.7-billion Whole Foods deal Add to ..

    June 16, 2017 5:20 PM 9

    Amazon.com Inc said on Friday it would buy U.S. organic supermarket chain Whole Foods Market Inc for $13.7-billion, including debt, marking the internet retailer’s largest deal and biggest foray into the brick-and-mortar retail sector. The deal sent shockwaves across the food distribution market, as Whole Foods’ peers and supermarket chains grappled

  • At midday: TSX dips as grocers fall on Amazon-Whole Foods deal Add to ..

    June 16, 2017 4:05 PM 10

    Canada’s main stock index fell on Friday, as shares of grocers and other consumer staple companies took a beating on news that internet retail company Amazon.com Inc was buying Whole Foods Market Inc. Amazon announced before markets opened that it was purchasing the U.S. organic supermarket chain for $13.7-billion, including debt, marking its biggest

  • Canadian grocery stocks feel heat in wake of Amazon deal to buy Whole Foods

    June 16, 2017 3:42 PM 9

    Shares of Loblaw, Metro and the parent of Sobeys each fell about four per cent following Amazon’s announcement to acquire Whole Foods in a deal valued at about $18 billion. Shares of Canadian grocery retailers fell in early trading in the wake of Amazon.com’s deal to buy Whole Foods Market. The S&P/TSX composite index was down 28.94 points to 15,131.48, after

  • Amazon buying Whole Foods in bold move into brick and mortar

    June 16, 2017 3:13 PM 8

    NEW YORK -- Amazon is buying Whole Foods in a deal valued at about US$13.7 billion, a stunning move into brick-and-mortar retail that sets the stage for more radical store experimentation and intensified competition with grocery rivals. The deal unites the online juggernaut with the grocery store chain that fell behind as the organic and natural foods

  • Jeff Bezos looking to give away some of his fortune

    June 16, 2017 2:32 PM 6

    WASHINGTON -- Jeff Bezos wants to give away some his fortune, and he's looking for the public's help to figure out how to do it. The Amazon CEO took to Twitter Thursday seeking ideas for a philanthropic strategy that would "be helping people in the here and now -- short term -- at the intersection of urgent need and lasting impact," Bezos' Twitter post said. As of Friday

  • What the Street is saying about Amazon’s Whole Foods acquisition Add to ..

    June 16, 2017 1:53 PM 8

    Amazon.com Inc is buying Whole Foods Market Inc for about $13.7-billion at a price of $42 a share, the companies said on Friday. “I think that I would not like to be somebody playing in the grocery space right now. “Whole Foods has given up a lot of market share because they didn’t capitalize on being the leader in organic, but they still have a footprint