Hudson's Bay Co. has lowered its 2013 outlook amid heavy discounting among rivals in the critical pre-holiday season to draw customers.
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Lululemon Athletica Inc's <LULU.O> incoming chief executive, Laurent Potdevin, will be paid a base salary of $900,000 as well as signing and retention bonuses, the upscale yogawear retailer said in a regulatory filing made public on Wednesday.
Kellogg Co. is adding its name to a growing list of U.S. companies closing plants in Ontario, as its London factory becomes a victim of changing consumer appetites.
CALGARY -- Encana Corp.'s capital spending is expected to come in 10 per cent lower next year, while production of valuable oil and natural gas liquids is targeted to rise by 30 per cent, the company announced Wednesday.