Dollarama 21 per cent sees an increase in sales year-over-year
MONTREAL –
Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.
In the quarter ended April 30, the company said strong demand was held up across the board, from consumables to seasonal items and general merchandise, resulting in a profit boost of 23 per cent from a year earlier.
For same-store sales, the number of transactions grew nearly 16 per cent while purchase sizes also nudged up.
“We had a good Easter,” said chief executive Neil Rossy. “But there’s a slight…
Transform Announces Rights Offering for Common Stock
Transform Announces Rights Offering for Common Stock
Transform, Inc. (NASDAQ: TGAN) (“Transphorm” or the “Company”) announced today that the independent Financing Committee of the Company’s board of directors has approved a rights offering available to all holders of record of the Company’s common stock, par value $0.0001 (“ Common Stock”) as of 5:00 pm, Eastern Daylight Time, on June 26, 2023 (the “Record Date”).
If the rights offering is fully subscribed, the Company intends to raise up to $15 million through the rights offering, to be used for working capital and general corporate purposes. The Company is also pursuing conventional…
Shakeup at Indigo as almost half of the company’s board exits and chair Heather Reisman will also leave soon
Four members of Indigo’s board of directors have abruptly resigned, and the company has announced that chair Heather Reisman will retire this summer.
Indigo Books and Music Inc. says Frank Clegg, Howard Grosfield, Anne Marie O’Donovan and Chika Stacy Oriuwa are no longer on the company’s 11-person board.
In a statement Wednesday, the company indicated that Oriuwa was resigning “because of her loss of confidence in board leadership and because of mistreatment.”
No reason was given for the other exits. “Indigo wishes the departing directors well and thanks each of them for their contributions during their tenure on the board,”…
Reflections on AI and the future of human development
Recent advances in artificial intelligence have sparked both wonder and anxiety as we contemplate its transformative potential. AI holds enormous promise to enrich our lives, but this anticipation comes intertwined with apprehensions about the challenges and risks that may arise. To nurture a future where AI is leveraged to the benefit of people and society, it is crucial to bring together a wide array of voices and perspectives.
With this goal in mind, I am honored to present the “AI Anthology,” a compilation of 20 inspiring essays authored by distinguished scholars and professionals from various disciplines. The anthology explores the…
The Gauntlet names business plan winners
Jeff Sturgeon 540-981-3251
the Gauntlets business plan competition, which attracts entrepreneurs from statewide, named this year’s 45 winners, among them a Martinsville wellness center.
The top prize went to owners of The Wellness Bar in uptown Martinsville, described as a “IV hydration and vitamin lounge,” for their plan to open a second location at a place to be announced, said Kathy Deacon, vice president of business and resource development at The Advancement Foundation. The foundation runs the contest.
The Martinsville Bulletin reported a year ago that Mandi and Travis Hundley established the business with three “drip” chairs for administration of…
The bad news personal finance story of the year so far is the housing market revival
A housing market revival is both inevitable and justifiable.
But not now, okay? The country can’t take it.
A housing rebound would feed inflation and help keep interest rates at their current heights for longer than previously thought. People who have paid off all or most of their mortgages would benefit from higher home prices, while younger Canadians with big mortgages and other debts would suffer.
Our housing market is built to a large extent on unfairness. Stand by to see how much worse things can get.
Until last week, inflation appeared to be doing a slow fade that would…
Is ecommerce blogging still worth the investment?
30-second summary:
As ecommerce businesses vie for digital visibility, blogging can be a valuable asset that adds an extra push to engage, inform, and acquire consumers
Blogging can be used to attract people who are at the very beginning of their buying journeys
As ecommerce SERPs are highly competitive, blogging opens opportunities like featured snippets, clustered results, and People Also Ask rankings
Your blog can serve as a knowledge hub to build trust and expand your marketing channels
Add elements to your pages to let readers continue their buying journeys across your site
Many e-commerce brands choose not to create…
9 innovative ways to generate more leads for your business
Image credit: Monstera on Pexels.com
Generating leads is an essential part of any business. Without leads, you won’t be able to find potential customers, and your business could suffer.
However, traditional methods of generating leads, such as cold calling and email marketing, are already commonplace and you may desire something a bit more innovative and creative. We’ve got you!
In this blog post, we go over 9 innovative ways to generate leads for your business that can help you grow your customer base and increase your revenue.
1. Engage Your Audience on Social Media
Social media is a powerful tool…
