Sales & Marketing
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Statistics Canada says June retail sales essentially unchanged from May
Sales were down in four of 11 subsectors, including motor vehicle and parts dealers and gas stations
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Cargojet Inc. new deal with Amazon to grow business with the retailer
The online retailer will acquire a stake in Cargojet, which provides overnight services moving packages between facilities and to other carrier locations
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Credit card rewards programs thrive with long-term digital relationships, Deloitte
Credit card issuers see an opportunity to lure customers while they’re young, rewarding them for the spending they’re doing anyway while also converting them into long-term cardholders
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Cars still more efficient than newer SUVs
The 10 top-selling 2019 SUVs and comparable cars with similar gasoline powertrains found that in all cases, cars beat the SUVs in mileage
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Pembina buying Kinder Morgan Canada and U.S. portion of Cochin pipeline
The deal also includes an Edmonton storage and terminal business and Vancouver Wharves, a bulk storage and export-import business
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Catalyst Capital Group buys nearly 18.5M HBC shares in tender offer
The investment firm opposes a proposal to privatize the retailer, and is prepared to pay $10.11 per share in cash for the stake
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Liberals unveil $3B sole source deal for armoured vehicles ahead of election
The surprise deal and loan is sparking Conservative allegations that the Liberals are trying to buy votes and distract from the SNC-Lavalin affair
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Beer named for nuclear tests draws Pacific islands criticism
A Texas-based company names a beer for nuclear-related events and test sites. Critics say it’s not in good taste
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HBC says Catalyst declined a request to extend its offer for stake in retailer
The bid by the investment firm, which is seeking to buy the shares in an effort to oppose a proposal to privatize the company, is set to expire on Friday
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U.S. retail sales up solidly in a sign of consumer optimism
Consumer spending, the primary driver of the U.S. economy, appears healthy even as other sectors of the economy, such as business investment, have weakened
