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The Globe and Mail offers the most authoritative news in Canada, featuring national and international news
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News
Is Lululemon Nearing Its Bottom?
2+ hour, 16+ min ago (398+ words) Lululemon's stock has plunged more than 75% over the past five years. Former Nike executive Heidi O'Neill took over as Lululemon's CEO on Sept. 8. Lululemon(NASDAQ: LULU) and its once iconic yoga pants keep getting stuck in uncomfortable positions. The athleisure…...
Ottawa awards first drone contracts worth up to $50-million through new marketplace
1+ day, 11+ hour ago (1089+ words) Prime Minister Mark Carney and Ukraine's President Volodymyr Zelensky visit the Southern Alberta Institute of Technology in Calgary on Thursday.Ahmed Zakot/Reuters Ottawa has awarded the first contracts worth up to $50-million to Canadian companies through its new drone…...
Wednesday’s analyst upgrades and downgrades
4+ day, 57+ min ago (1043+ words) Citi analyst Paul Lejuez thinks the near-term risk/reward proposition for Lululemon Athletica Inc. (LULU-Q) “looks slightly more favorable” following an 18-per-cent drop in its share price since the release of its quarterly results on Sept. 3, and he believes the…...
Forget AMD: This AI Hardware Stock Is the Smarter Bet Right Now
4+ day, 21+ hour ago (487+ words) The custom chipmaker is a genius buy at these levels. Broadcom forecasts strong growth in 2027 and 2028. Advanced Micro Devices(NASDAQ: AMD) has had a great year, rising more than 120% so far. However, it has gotten a bit hot. AMD's valuation…...
PesoRama Announces Grand Opening of Stores #47, #48, and #49 - The Globe and Mail
4+ day, 23+ hour ago (283+ words) Toronto, Ontario--(Newsfile Corp. - September 8, 2026) - PesoRama Inc. (TSXV: PESO)(OTCQX: PSSOF) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, announces the upcoming opening of three new stores in September. Store…...
IKEA Canada to open first new compact store in London, Ontario on September 29
4+ day, 20+ hour ago (83+ words) The Globe and Mail New concept store focuses on everyday essentials and quick visits BURLINGTON, ON, Sept. 8, 2026 /CNW/ -- IKEA Canada is pleased to announce that it will open its first compact store format in London, Ontario on September 29, 2026. Designed for…...
The Hong Kong Shopping Festival achieved success in the Chinese Mainland with over 115 million views
5+ day, 8+ hour ago (228+ words) As the flagship event of the HKTDC’s year-round E-commerce Express, the theme of the third Hong Kong Shopping Festival is “Hong Kong Highlights, One Click Away”. Diversified E-commerce promotion helps Hong Kong businesses expand in Chinese Mainland market Live-streaming is…...
The AI Memory Stock That Could Outshine the Obvious Picks
5+ day, 13+ hour ago (476+ words) Silicon Motion Technology creates NAND flash controllers, which are a critical component of the memory boom. It counts Micron, Sandisk, and others as its top customers. The company is posting substantial growth rates and has positioned itself well for the…...
1 Stat That Makes Costco Hard to Ignore this September
5+ day, 19+ hour ago (300+ words) Costco’s sales remained strong in its fiscal 2026. Its digital sales momentum stayed healthy late in the year. The stock's premium valuation, however, leaves the business with little margin for error. Digitally enabled sales surpassed $27 billion and accounted for nearly 10% of…...
New Lululemon CEO faces compounding pressures as she takes over top job
6+ day, 45+ min ago (952+ words) A Toronto Lululemon store this May. The retailer's sales have been slipping in North America, its biggest market.Sammy Kogan/The Globe and Mail Long-time Nike Inc. NKE-N veteran Heidi O’Neill is set to take the helm as CEO of…...