Asian Tribune Your Multilingual Newspaper covering World and local news News
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroen and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board accepted Tavares’ resignation Sunday, effective immediately. Stellantis noted Sunday that the process of finding …
Read More »Black Friday sales are designed to give you FOMO. Don’t let them
Black Friday is here, and it’s hard to miss. Posters scream about big sales while emails flood inboxes — warning the savings are for one day only. It’s become one of the busiest shopping days of the year. But experts say it’s also a time when impulse spending can spiral out of …
Read More »Alcohol potentially a ‘saving grace’ for Ontario convenience stores as sales begin
Terry Yaldo never thought this day would come. The owner of Midway Convenience in Windsor, Ont., says alcohol sales in corner stores – which officially began Thursday across the province – will be a “saving grace” for many small business owners. “It’s going to save a lot of stores from …
Read More »Toronto-area home sales decline in August, but rate cut could spur activity: board
By Staff The Canadian Press Posted September 5, 2024 6:19 am 1 min read Descrease article font size Increase article font size The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower. The board says there were 4,975 homes sold in …
Read More »Loblaw boycott had ‘minor’ impact on sales, CEO Per Bank says – National
The boycott of Loblaw stores in May had only a “minor” financial impact on Canada’s largest grocers, according to the company’s CEO. Loblaw Co. Ltd. reported second-quarter earnings on Thursday, including the month of May, which saw the grocer targeted in a grassroots boycott campaign venting frustrations over rising grocery …
Read More »Toronto-area home sales down 16% in June despite Bank of Canada’s rate cut: board
The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut. The board said 6,213 homes changed hands in the month compared with 7,429 in June of …
Read More »Red Lobster Canada to ask Ontario court to OK sales process
By Staff The Canadian Press Posted June 14, 2024 12:07 pm 1 min read Descrease article font size Increase article font size Red Lobster Canada will ask an Ontario court next week to recognize a stalking horse bid from its lenders and approve a sales process for its assets. Court …
Read More »Greater Toronto home sales fall in May, but Bank of Canada decision could spur demand
The Toronto Regional Real Estate Board says home sales in May were down 21.7 per cent from last year, but new listings continued to rise as homeowners anticipate a bump in demand. The board said 7,013 homes changed hands in the month compared with 8,960 in May of last year, which coincided …
Read More »Greater Toronto Area home sales down in April but new listings surge: board – Toronto
By Staff The Canadian Press Posted May 3, 2024 7:55 am 1 min read Descrease article font size Increase article font size The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and …
Read More »Toronto-area home sales for December rise as board expects rebound in 2024 – Toronto
By Staff The Canadian Press Posted January 4, 2024 6:10 am Descrease article font size Increase article font size TORONTO — Greater Toronto home sales rose 11.5 per cent last month compared with December 2022 as the Toronto Regional Real Estate Board says it expects 2024 to bring a rebound …
Read More »