Beyond self-checkouts: Carts, apps look to make grocery shopping hassle-free

Beyond self-checkouts: Carts, apps look to make grocery shopping hassle-free
Shoppers pushing one of 10 new smart carts at a Toronto Sobeys store can scan their items on the spot, track their total bill and accept payment, which means they can skip the cashier or self-checkout altogether. The artificial intelligence-equipped carts are the latest aspect in grocers’ efforts to streamline the shopping experience as consumers became increasingly accustomed to convenience. Despite all the advancements found... Read More

Freshii reports US$415,000 Q3 loss compared with US$446,000 loss a year ago

Freshii reports US$415,000 Q3 loss compared with US$446,000 loss a year ago
TORONTO — Freshii Inc. reported a loss of US$415,000 in its latest quarter, slightly less than a year ago as revenue increased 5.4 per cent. The restaurant chain, which keeps its books in U.S. dollars, says the loss amounted to a penny per share for the quarter ended Sept. 29. That compared with a loss of $446,000 or a penny per share a year... Read More

Loblaw Companies reports $331M Q3 profit, revenue up 2.3 per cent

Loblaw Companies reports $331M Q3 profit, revenue up 2.3 per cent
BRAMPTON, Ont. — Loblaw Companies Ltd. reported a third-quarter profit of $331 million as revenue rose 2.3 per cent, helped by higher sales at its Shoppers Drug Mart stores. The drug store and grocery retailer says the profit amounted to 90 cents per share for the 16-week period ended Oct. 5. That compared with a profit of $106 million or 28... Read More

Premium Brands down on indirect fallout of China’s swine fever outbreak

Premium Brands down on indirect fallout of China’s swine fever outbreak
VANCOUVER — Shares in specialty foods producer Premium Brands Holdings Corp. dropped by as much as 10 per cent Monday after it reported earnings fell in the third quarter due to indirect fallout from the African swine fever outbreak in China. The company says prices for specialty pork products it imports from Europe spiked because China is importing much more pork, while prices for meat products in... Read More

Second Cup to get new corporate name as it moves to diversify beyond coffee

Second Cup to get new corporate name as it moves to diversify beyond coffee
MISSISSAUGA, Ont. — The Second Cup Ltd. intends to change its name to Aegis Brands Inc. as part of a plan to diversify beyond coffee shops. The Toronto-area company says the name change is subject to approvals from shareholders and the Toronto Stock Exchange, where its shares are listed. Steven Pelton, who has been Second Cup’s president and CEO since May, will... Read More

Maple Leaf Foods to reduce environmental footprint and become carbon neutral

Maple Leaf Foods to reduce environmental footprint and become carbon neutral
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to reduce its environmental footprint and become carbon neutral. The company says its plan is based on reducing emissions and investing in environmental projects in Canada and the United States. It says the projects will support wind energy, forest protection and re-forestry, as well as the recovery of methane to reduce emissions... Read More

Supreme Court set to hear Uber case with implications for gig economy

Supreme Court set to hear Uber case with implications for gig economy
OTTAWA — The Supreme Court of Canada is set to start to hear a case today brought by Uber with potentially significant implications for the gig economy. The company has challenged an Ontario Court of Appeal decision that found the company’s contract clause that requires arbitration, rather than allowing class-action lawsuits, was invalid and unconscionable. The lower court ruling came about after... Read More

KFC Canada to test bamboo packaging for poutine starting next year

KFC Canada to test bamboo packaging for poutine starting next year
VAUGHAN, Ont. — KFC Canada says it will test poutine buckets made out of bamboo fibres starting early next year. The fried chicken chain says in a statement the trial of the eco-friendly packaging is the first of several innovative materials it plans to test. KFC says bamboo is often called one of the world’s most renewable materials thanks to... Read More

Maple Leaf Foods Inc. reports Q3 profit down from year ago, sales up

Maple Leaf Foods Inc. reports Q3 profit down from year ago, sales up
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. third-quarter results fell far short of analyst expectations due to “abnormal erratic” pork market conditions and increased investment into plant-based protein. “The headline of our third quarter marked this pivot point of investment in our plant protein business, combined with what are the extraordinary events in pork markets that affected our meat business,” said... Read More

Molson Coors Brewing cutting 400 to 500 jobs and restructuring operations

Molson Coors Brewing cutting 400 to 500 jobs and restructuring operations
Molson Coors Brewing Co. will cut hundreds of jobs in a restructuring effort that will see the brewer change its name as it focuses on growing its portfolio beyond beer. “Our company makes some of the world’s greatest beers and our iconic brands have withstood the test of time,” said CEO Gavin Hattersley. “But as the world around us rapidly changes... Read More