Shoppers-branded Botox clinics launch amid concerns of ‘cookie-cutter’ cosmetics

Shoppers-branded Botox clinics launch amid concerns of ‘cookie-cutter’ cosmetics
TORONTO — Shoppers Drug Mart takes its most aggressive step into the beauty business this weekend with its first stand-alone clinic to offer Botox injections, fillers, laser treatments and medical-grade peels. But while the Beauty Clinic by Shoppers Drug Mart is being touted as “a natural extension” of the drugstore chain’s moves into the cosmetics space, some wary observers fear... Read More

N.B. cannabis retailer lays off staffers as ‘operational needs’ become clear

N.B. cannabis retailer lays off staffers as ‘operational needs’ become clear
FREDERICTON — New Brunswick’s cannabis retailer is laying off staff, saying it has a better understanding of “operational needs” three months after the historic legalization of recreational marijuana. Cannabis NB said most of the layoffs involved people with seasonal contracts, but some are part-time or full-time employees. Spokeswoman Marie-Andree Bolduc said Thursday that despite supply challenges, operations have normalized at the... Read More

Survey: US firms added a strong 271,000 jobs in December

Survey: US firms added a strong 271,000 jobs in December
WASHINGTON — U.S. businesses added a robust 271,000 jobs in December. Payroll processor ADP said Thursday that last month’s job gains marked a sharp upturn from November’s gain of 157,000. The gains, if backed up by government numbers due Friday, could be strong enough to reduce the unemployment rate. The burst of hiring last month comes as financial markets are... Read More

Allowing municipalities to opt out of pot shops helps black market: experts

Allowing municipalities to opt out of pot shops helps black market: experts
As municipalities across Ontario weigh whether to allow cannabis retail stores in their neighbourhoods, experts and consumer choice advocates warn that having large swaths of the province opt out of brick-and-mortar pot shops could fuel the black market. Recreational cannabis can currently only be bought online in Ontario, and municipalities have until Jan. 22 to decide if they want to host private cannabis stores, which are set to... Read More

Aleafia to expand network of cannabis clinics through friendly deal with Emblem

Aleafia to expand network of cannabis clinics through friendly deal with Emblem
TORONTO — Aleafia Health Inc. announced a friendly deal to acquire Emblem Corp. in an all-share transaction valued at $173.2 million that will combine the companies’ two chains of medical cannabis clinics. It is expected that existing Emblem shareholders will own approximately a 41.0 per cent stake in the combined company after the transaction, which values Emblem shares at about... Read More

Staples Canada transforms business model with co-working spaces, cafes and more

Staples Canada transforms business model with co-working spaces, cafes and more
TORONTO — Regular customers of certain Staples Canada Inc. locations may not recognize their local stores the next time they visit. The company is transforming its business model at two locations in Kirkland, Que. and Toronto to include a range of features including co-working spaces, a technology discovery zone and a “stadium-style” area that can be used for community events. It’s also dabbling in opening journal, pen... Read More

China retaliation against Canadian companies unlikely for now: experts

China retaliation against Canadian companies unlikely for now: experts
VANCOUVER — Fears of retaliation against China-based staff of Canadian companies in the wake of a Chinese tech exec’s arrest in Canada are overblown at the moment, but experts say that could change if the situation escalates. Meng Wanzhou, CFO of Chinese telecom giant Huawei Technologies, was arrested at Vancouver’s airport while in transit on Dec. 1. and faces extradition to the United... Read More

Fake website launched in New Brunswick to educate investors about real scams

Fake website launched in New Brunswick to educate investors about real scams
FREDERICTON — People who fell for a website hyping a too-good-to-be-true investment opportunity for New Brunswick’s coastline got lucky: The scam wasn’t intended to trap potential investors, but to teach them. The site was created by New Brunswick’s Financial and Consumer Services Commission, who decided that a good way to educate people about real investment scams was to launch their... Read More

Next US moon landing will be by private companies, not NASA

Next US moon landing will be by private companies, not NASA
CAPE CANAVERAL, Fla. — America’s next moon landing will be made by private companies — not NASA. NASA Administrator Jim Bridenstine announced Thursday that nine U.S. companies will compete to deliver experiments to the lunar surface. The space agency will buy the service and let private industry work out the details on getting there, he said. The goal is to... Read More