Tiny coffeeshops help owners save on rent in high-cost Toronto, Vancouver

Tiny coffeeshops help owners save on rent in high-cost Toronto, Vancouver
VANCOUVER — Customers who don’t work in the building that houses Kento Kitayama’s tiny cafe near Vancouver’s Gastown neighbourhood better be prepared to settle for takeout. He can only take orders through a little window facing the sidewalk. Iktsuarpok Coffee Stand, which opened late last month, has no seating and sparse furnishings. Kitayama could likely stand in the middle of the roughly 17-square-metre... Read More

Home items are getting smarter and creepier, like it or not

Home items are getting smarter and creepier, like it or not
NEW YORK — One day, finding an oven that just cooks food may be as tough as buying a TV that merely lets you change channels. Internet-connected “smarts” are creeping into cars, refrigerators, thermostats, toys and just about everything else in your home. CES 2019, the gadget show opening Tuesday in Las Vegas, will showcase many of these products, including... Read More

Grocers transforming themselves to adapt to shifting consumer demands

Grocers transforming themselves to adapt to shifting consumer demands
VANCOUVER — Canadian grocers doubled down on transforming themselves into destinations for time-strapped shoppers this year, ramping up delivery options, acquiring meal kit companies and adding in-store eateries. Shifting consumer demands and tech titan Amazon’s recent acquisition of Whole Foods Market are pressuring grocers to evolve, yet experts say it’s only the beginning of a transformation in how Canadians shop for food.... Read More

Christmapolitans and Hans Grubers: Holiday-themed bars pop up in Canada

Christmapolitans and Hans Grubers: Holiday-themed bars pop up in Canada
A sophisticated restaurant near the Old Port of Montreal is now an Instagram-ready holiday backdrop decked out with more than 350 metres of Christmas lights, wrapped presents fixed to the ceiling and Santa hats perched on chair tops. Far from a restaurant makeover gone awry, the transformation is part of trend in which watering holes in search of a boost in holiday traffic are converting... Read More

Spice spat: Old Bay sues New Bae for trademark infringement

Spice spat: Old Bay sues New Bae for trademark infringement
BALTIMORE — A clash of seasonings is looming in federal court, as Maryland’s Old Bay seeks to protect its trademark in a lawsuit against another spice blend, New Bae. The Daily Record reports Old Bay maker McCormick & Co. sued this week to stop Pittsburgh-based Primal Palate from using the “New Bae” name. The paleo diet-centred Primal Palate launched New... Read More

Fast-expanding seafood giant joins Irvings, McCains as N.B. business royalty

Fast-expanding seafood giant joins Irvings, McCains as N.B. business royalty
FREDERICTON — For the Irvings, it was Bouctouche. For the McCains, Florenceville. Now, in tiny Black’s Harbour, in between an Irving gas bar and the local Freshmart, is a small, two-storey brick building that is head office for New Brunswick’s newest family-owned multinational. Cooke Aquaculture Inc. is the world’s largest independent seafood company, with billions of dollars in annual revenue, shipping one... Read More

MTY Group signs deal to acquire South St. Burger chain of restaurants

MTY Group signs deal to acquire South St. Burger chain of restaurants
MONTREAL — MTY Food Group Inc. has signed a deal to acquire South St. Burger, a chain of gourmet burger restaurants. Financial terms of the deal were not immediately available. The burger chain will join MTY’s stable of restaurants that includes food court staples such as Thai Express, Vanellis and Manchu Wok as well as Baton Rouge, Pizza Delight and Scores... Read More

Marlboro maker Altria the latest big company to explore pot

Marlboro maker Altria the latest big company to explore pot
The maker of Marlboro cigarettes is joining some of the biggest names in beer in exploring the budding cannabis marketplace. Altria Group Inc., which owns Philip Morris USA, is the latest big company to show interest in marijuana. Late Monday, Canadian medical marijuana company Cronos Group Inc. confirmed talks with Altria about a possible investment. Altria, based in Richmond, Virginia,... Read More

AGT Food agrees to CEO-led go-private deal that values it at about $436 million

AGT Food agrees to CEO-led go-private deal that values it at about $436 million
REGINA — AGT Food and Ingredients Inc. has agreed to be taken private by investors including CEO Murad Al-Katib in a deal that values the company at $436 million. The Regina-based company says it has elected to proceed with the $18-per-share transaction proposed last July upon the recommendation of a special committee of independent directors and a fairness opinion from TD Securities. In... Read More

Statistics Canada says pace of Canadian economic growth slowed in third quarter

Statistics Canada says pace of Canadian economic growth slowed in third quarter
OTTAWA — The pace of economic growth in Canada slowed in the third quarter as business investment spending moved lower and the growth in household spending slowed, Statistics Canada said Friday. The Canadian economy grew at an annualized pace of 2.0 per cent in the third quarter compared with 2.9 per cent in the second quarter, matching the expectations of economists, according... Read More