Shoppers seek healthier options in Canadian groceries
A ACNielsen Canada study preview at Grocery Innovations Canada finds rising sales in whitening toothpaste for aging teeth energy bars and convenient health oriented products. The report notes demographic shifts urbanization smaller households and time constraints driving demand for healthier faster foods and easier routines.
MENTIONED IN THIS ARTICLE
Toronto
Acnielsen ‘Company of Canada
Canada
Acnielsen
John Tavolieri
Grocery Innovations Canada
Tavolieri
Heinz
Strong holiday shopping expected in Canada this year
Canadians are forecast to boost holiday sales despite Iraq war threats and higher energy costs. With rising disposable income, solid job growth, and strong consumer confidence, analysts predict a 5 to 7 percent rise in retail sales versus 2001, while year end gains of 5.5 to 6 percent are anticipated.
MENTIONED IN THIS ARTICLE
Toronto
Iraq
Douglas Porter
BMO Nesbitt Burns
Retail Council of Canada
Canada
J.C. Williams Group
Air Canada posts 125 million third quarter profit
Air Canada reports a 125 million profit for the July-September quarter, the best among North American full service carriers. Chief executive Robert Milton credits two new discount brands Tango and Zip and aggressive cost cuts for the swing from last year’s loss.
MENTIONED IN THIS ARTICLE
Montreal
Air Canada
Robert Milton
North America
Milton
Fortunes of war temper markets amid Iraq crisis
Investors weigh a possible US led Iraq invasion and its price tag while recalling past wars. Analysts note markets discount risk but warn against chasing gains and urge balanced portfolios with assets that perform in both war and peace.
MENTIONED IN THIS ARTICLE
Iraq
United Nations
United States
America
Brian Acker
Acker Finley
USA Today
Brendan Caldwell
Caldwell Securities
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Malcolm Morrison
Prast
Don Reed
O Franklin Templeton
New York
Germany
Poland
Bryan Taylor
Pearl Harbor
Taylor
Saddam Hussein
Kuwait
Pate
Kes
Arne TV
Chevrolet
Oldsmobile
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