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Shoe retailer Caleres to close 133 Naturalizer stores in U.S., Canada

Shoe retailer Caleres to close 133 Naturalizer stores in U.S., Canada

TORONTO — More than 130 Naturalizer stores in the United States and Canada will be closed by early 2021 as Caleres Inc. adopts a digital sales strategy for the shoe chain.
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Survey shows two-thirds of energy company employers cut labour costs due to COVID-19

Survey shows two-thirds of energy company employers cut labour costs due to COVID-19

CALGARY — A survey by energy labour market organization PetroLMI shows that more than two-thirds of the employers in Canada's oil and gas sector imposed labour cost reduction measures in the wake of the COVID-19 pandemic lockdowns, including 37 per c
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Business is booming for HVAC companies as commercial buildings see pandemic upgrades

Business is booming for HVAC companies as commercial buildings see pandemic upgrades

Air filters have become big business in the age of COVID-19, for the HVAC companies that can get their hands on them.
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Canada Post Group of Companies reports $216-million pre-tax Q3 loss

Canada Post Group of Companies reports $216-million pre-tax Q3 loss

OTTAWA — The Canada Post Group of Companies is reporting a third-quarter pre-tax loss of $216 million, as increased revenue from parcel shipping failed to compensate for higher pandemic-related costs and a slowdown in its Canada Post segment.
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'Less is more:' Restaurants pandemic-proofing menus to survive the second wave

'Less is more:' Restaurants pandemic-proofing menus to survive the second wave

HALIFAX — The menu at the Stubborn Goat Gastropub in downtown Halifax will always have a classic burger and gourmet mac n' cheese. But the slightly more eccentric dishes, peppered with unique ingredients, might be harder to come by these days.
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Barely out of crisis, Greek economy hammered by new lockdown

Barely out of crisis, Greek economy hammered by new lockdown

Greece has downgraded its forecasts for the economy this year to include the impact of a second lockdown, and says the national debt is now expected to exceed 200% of annual output.
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Cineplex agrees to shrink theatrical window to 17 days for Universal movies

Cineplex agrees to shrink theatrical window to 17 days for Universal movies

TORONTO — Cineplex Inc. has struck an agreement with Hollywood film studio Universal to shorten the exclusive theatrical release window for its movies to as little as 17 days.
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Statistics Canada says retail sales climbed 1.1 per cent in September

Statistics Canada says retail sales climbed 1.1 per cent in September

OTTAWA — Retail sales climbed more than expected in September to mark the fifth consecutive monthly increase since the record drop in April due to the pandemic, but economists warned that rising COVID-19 cases and looming restrictions could mean weak
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Boralex consolidates ownership in three wind farms, buys CDPQ's stake

Boralex consolidates ownership in three wind farms, buys CDPQ's stake

MONTREAL — Boralex Inc. says it has signed a deal to buy the 49 per cent stake in three Quebec wind farms it does not already own from the Caisse de depot et placement du Quebec. The company will pay $121.
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Lululemon Athletica names Meghan Frank as chief financial officer

Lululemon Athletica names Meghan Frank as chief financial officer

VANCOUVER — Lululemon Athletica Inc. announced the promotion of Meghan Frank to the post of chief financial officer. Lululemon says Frank will become the company’s first female CFO when she takes over the job officially on Monday.
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