Mergers & AcquisitionsRetail

New Investor Group to Acquire Bouclair

Will accelerate store expansion, online platform while repositioning retail footprint with a heavy investment focus in Quebec MONTREAL, QC–Alston Investments Inc., a new company formed by a group of Canadian investors with significant retail experience, today announced it has offered to acquire via an Asset Purchase Agreement a substantial portion …

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Financial ResultsRetail

IKEA Canada grows sales by 6.1 per cent to $2.53 billion

Company continues to transform its business; retailer announces plans to expand and introduce new concepts in Toronto’s city centre BURLINGTON, ON–IKEA Canada announced sales of $2.53 billion for the financial year ending August 31, 2019, an increase of 6.1 per cent on the previous year. Detailed in the company’s 2019 …

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POSRetail

Fairstone Financial Selected as Point-of-Sale Financing Partner for Kent Building Supplies

MONTREAL–Fairstone Financial Inc., Canada’s leading non-bank provider of responsible lending solutions, recently signed an agreement to provide point-of-sale financing for all retail purchases across 49 Kent Building Supplies locations across Atlantic Canada. As part of its retail POS financing offering, Fairstone is also providing Kent with an automated, mobile and …

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POSRetail

Moneris introduces Lightspeed Restaurant to its menu of iPad POS solutions

Bundled solution designed for every restauranteur offers unique management tools, reporting features and secure payment acceptance TORONTO–Moneris Solutions, Canada’s largest processor of debit and credit card payments, today announced the addition of Lightspeed Restaurant to its suite of iPad point-of-sale (POS) solutions. The all-in-one management tool for full-service and fast …

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PaymentsRetail

Birks Offers Customers a New Way to Shop Online

Birks  signs on with Flexiti’s Private Label Credit Card TORONTO– Birks Group has launched its online financing solution, modernizing consumer lending for its customers across Canada, by adopting Flexiti Financial’s private label, point-of-sale consumer financing solution for retailers. The online offering complements Flexiti’s in-store financing which was implemented last year …

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LoyaltyRetail

Snipp Achieves US$1 million of Sales Bookings in First Ten Days of 2019

TORONTO–Snipp Interactive Inc. , a Toronto-based global provider of digital marketing promotions, rebates and loyalty solutions, has US$1MM+ in sales bookings during the first 10 business days of 2019. This represents the fastest start in company history and continues the momentum from the record quarterly bookings achieved in Q4 2018 …

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PaymentsRetail

Glance Technologies Previews Order from Table

Glance Technologies Previews ‘Order from Table VANCOUVER–Glance Technologies Inc. is demonstrating its upcoming Order from Table feature to select restaurants and has secured initial launch locations for this feature. Order from Table allows consumers to securely order from their table and pay for their meal using the Glance Pay app …

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PaymentsRetail

Bad Boy to Offer Point-Of-Sale Consumer Financing Solution

Flexiti Signs Long-Term Agreement With Bad Boy TORONTO–Globalive Technology Inc., a technology company focused on developing innovative payment, billing and credit solutions for consumers and businesses, today announced that the Company’s partner Flexiti Financial, a leading point-of-sale consumer financing solutions provider for retailers, has signed a long-term agreement with Bad …

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E-commerceRetail

Dollarama rolls out online store after Quebec trial

A selection of Dollarama’s most popular consumable and general merchandise products now available by the full case for deliveries across Canada MONTRÉAL—Dollarama Inc. launched its online store, offering a selection of some of its most popular consumable and general merchandise products by the full case, now available across Canada. This …

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E-commerceRetail

More than Half of Consumers Use Mobile Apps When Shopping In-store

Yes Marketing finds more than half of consumers are using smartphones and mobile devices to enhance their in-store shopping experience Whether it’s to find and redeem coupons or to locate sale items, more than half of consumers (57 percent) have used a retailer’s mobile app while in-store, indicating that the …

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