Recent Posts

PepsiCo classic brands fuel profit beat

Bloomberg Call it the nostalgia factor: PepsiCo is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980. The company’s sales growth was boosted by its key Frito-Lay operation and North American beverage unit, with its Pepsi soda line and Lay’s ...

Read More »

In hot jobs market, bosses have to train low-paid staff

Bloomberg You’d need a cast of thousands to re-enact Black Friday at a Walmart store, so virtual reality comes in handy at the company’s training centres. Employees get to experience a shopper stampede on their headsets, part of a widening national effort that encompasses some 7,000 workers a week. The retail giant isn’t alone. From hotels to fast food chains, ...

Read More »

Canadian retail sales bounce back after slump

Bloomberg Canadian retailers emerged from months of slumping sales with a sharp rebound in February that may ease some worries about consumer weakness. Retailers posted a 0.8 percent gain in sales on the month, Statistics Canada said from Ottawa, versus economist expectations for a 0.4 percent gain. February’s increase was the strongest since May 2018, and follows six straight months ...

Read More »
Send this to a friend