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‘There’s a lot of stuff to worry about’: Plenty of fear on the horizon at Post’s annual outlook luncheon

‘There’s a lot of stuff to worry about’: Plenty of fear on the horizon at Post’s annual outlook luncheon

Postmedia CEO Paul Godfrey speaks at the Outlook 2019 luncheon.Mike Hagarty for National Post A panel of Canadian pundits and financial experts assembled for the National Post and the Canadian Club’s annual outlook luncheon in Toronto on Tuesday to give their forecasts for what the year ahead has in store. For the most part, fear

Bank of Canada holds interest rate: Read the official statement

Carolyn Wilkins, senior deputy governor of the Bank of Canada, left, and Stephen Poloz, governor of the Bank of Canada, leave the Bank of Canada building for a press conference in Ottawa.Justin Tang/Bloomberg Here’s the Bank of Canada’s official statement for its interest rate decision on Wednesday, January 9, 2019: The Bank of Canada today maintained its

The Meghan Markle effect helps Aritzia profit to climb in its 17th straight quarter of growth

The Duchess of Sussex in a Aritzia trench coat in 2018.Chris Jackson TORONTO — Aritzia Inc. says its first outlet boutique has been “incredibly profitable” in its first two months open, but don’t expect the womenswear retailer to push heavily into the discount space. Brian Hill, the Vancouver-based company’s chief executive officer, told analysts on

Eddie Lampert sweetens bid to keep Sears open to more than $5 billion

Signage is displayed outside of a Sears Holdings Corp. store in San Bruno, California.David Paul Morris/Bloomberg Eddie Lampert’s ESL Investments is sweetening its offer to keep Sears Holdings Corp. in business, outlining a US$5-billion plan to buy the retailer out of bankruptcy. The new bid, about US$600 million more than Lampert previously offered, should satisfy

Lululemon shares gain after boosting quarterly sales, profit forecast

Shares of Lululemon jumped in early trading Monday after the yogawear company increased its fourth-quarter guidance for sales and profit.Darryl Dyck/The Canadian Press Investors are happy about at least one retailer’s holiday season: Shares of Lululemon Athletica Inc. jumped in early trading Monday after the yogawear company increased its fourth-quarter guidance for sales and profit.

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