Zellers returns, inflation slows and rent is ruining financial futures: The business and investing stories you need to know about this week

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Plus, why union leaders are upset with Bank of Canada Governor Tiff Macklem

by building “shop-in-shops” in Hudson’s Bay Co. department stores starting this fall. As Susan Krashinsky Robertson reports, the Canada’s oldest retailer will also launch an e-commerce store for Zellers selling housewares and furniture, toys, pet accessories and clothing. Canadians have reacted to news of the discount retailer’s comeback with, which dominated suburban malls from the 1970s into the early 2000s.

more frequently, asking that they “come together more often in person to work and collaborate.” While Dave McKay, CEO of Royal Bank of Canada, acknowledges that flexible and hybrid work models are here to stay, he suggests that face-to-face interaction is a business necessity. RBC employs more than 89,000 workers, and is asking most of them to return to the office two to three times a week by the end of September.

 

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Zellers won't work in a Bay store. Too small. You need to go back to a standalone format. Maybe smaller stores more local to where people live like the Giant Tigers. In my town we have 1 Walmart for 210K people, and not central either.

The last time the economy was this bad and inflation was this high a Trudeau was in power. Keep voting with your feelings instead of your brains, liberals. Gets you all in the poor house.

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