Finance & Capital Management

Statistics Canada says the annual rate of inflation eased back below 3% in June as motorists paid less to fill up the gas tank.

Grocery giant Metro Inc. is selling a major bakery production facility to industrial baker FGF.

Alimentation Couche-Tard Inc. has received approval from the Toronto Stock Exchange (TSX) to renew its share repurchase program.

For convenience store retailers, the report highlights a mixed bag: Volume share gains in key on-the-go categories like meat snacks and seeds, offset by ongoing corporate restructuring and heavy non-cash write-downs.

7-Eleven's 122.4% spike in first-quarter operating income prompted the retail giant to accelerate investments in store modernization.

SHINING STAR

Fairfax Financial to buy Canadian winemaker Andrew Peller for $579 million.

CEO Carl Colizza says the company has sharpened its portfolio to focus on higher-return opportunities.

The first quarter results for Yum! Brands, known for its three divisions, KFC, Taco Bell and Pizza Hut were announced today.

200 7-Eleven stores to open across North America, with a focus on wholesale fuel and larger footprints with fresh food.