Shoppers will be reluctant to browse until there's a COVID-19 vaccine, Indigo CEO says

Canadian customers likely won't start frequenting stores for items not on their shopping list until there's a vaccine for COVID-19, Indigo Books & Music Inc. founder and chief executive said Friday.Like many retailers Indigo has seen online sales surge during the pandemic, but not by enough to offset the loss of traffic to bricks and…

A record number of companies have sought creditor protection under COVID-19 — and more are on the way

The number of large Canadian businesses seeking protection from creditors hit its highest point in more than a decade in May and June, and experts say even more are likely on the way because of COVID-19.Women’s fashion chain Reitmans is one of many to have restructured under COVID-19, as the chain has closed a number…

Is the pandemic bringing down the curtains on independent bookstores and publishers?

Redwanur Rahman Jewel's dreams had come true when he opened his bookstore in May last year as it soon turned into a veritable hub for readers and writers alike. However, little more than a year after the library was opened, Jewel's dreams were shattered. On 27 July, Jewel closed down his bookstore 'Nalonda' after failing…

Make investment environment more attractive: PM

Prime Minister Sheikh Hasina today asked the authorities concerned to work for making the country's investment environment more attractive, overcoming the problems caused by the coronavirus pandemic. "An investment-friendly environment exists in the country. But all countries of the world are now facing problems due to coronavirus. We'll have to focus on how we can…