Archive for July, 2019

Jul 16 2019

Japanese retailer Uniqlo to set up shop in Toronto

TORONTO – Japanese clothing retailer Uniqlo will open its first two Canadian stores in Toronto next year.

Uniqlo is owned by Fast Retailing Co., which designs, manufactures and sells clothing under several brands around the world.

Uniqlo currently has 1,500 stores in 16 markets, including 39 in the United States.

The Toronto stores will be at the Eaton Centre downtown and the Yorkdale Shopping Centre near the north end.

The company says the first two Canadian locations will open in the fall of 2016.

The two upscale malls are owned by Cadillac Fairview, an arm of the Ontario Teachers Pension Plan board.

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Jul 16 2019

Tim Hortons nears layoff notices for hundreds of office workers: report

[UPDATE, Tuesday, 3:23 p.m. ET: Tim Hortons has confirmed layoff notices have gone out ]

Tim Hortons appears to be on the verge of slashing a “significant” number of office employees this week, according to a published report.

Story continues below

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  • Goodbye Tim Hortons, hello… Restaurant Brands International

Sources have suggested as much as half of all office staff at more than half a dozen regional offices could be affected by the decision, which would come roughly six weeks after the iconic Canadian coffee chain was acquired by 3G Capital, a Brazil-based investment firm and owner of Burger King.

Layoff notices could go out Tuesday, according to the report.

“As part of the transaction, we are still in the process of evaluating the current organizational structure,” Tim Hortons spokesperson Alexandra Cygal said in an email message. “We have nothing to announce at this time.”

The Oakville, Ont.-based fast food chain operates seven regional offices that employ around 1,400 staff members. As part of 3G’s successful acquisition of Tim Hortons, it agreed to “maintain significant employment levels” at Tim Hortons’ existing Ontario headquarters, according to a statement from Industry Canada.

The federal department approved the $12.5 billion blockbuster deal on Dec. 4. But there is no mention of protecting staff levels in field offices.

Tim Hortons doesn’t directly employ the tens of thousands of full- and part-time staffs at the 3,600 or so franchisee-owned locations across Canada. But it does directly employ 2,150 people spread across its headquarters, five distribution centres and seven regional offices.

Tims distribution centres are located in Guelph, Ont., Kingston, Ont., Langley, B.C., Calgary and Debert, Nova Scotia. Another facility is owned in Vaudreuil Dorion, Que., according to regulatory filings. There are three manufacturing facilities as well, based in Hamilton, Oakville and Rochester, New York.

MORE: ‘Painful changes’ await Tim Hortons under new owners, report warns

3G comes with a reputation for dramatically slashing budgets and head count at companies it gains control of. About 450 middle managers and higher-ups were fired from Burger King when it was acquired by 3G in 2010.

More recently, Heinz has dumped 3,400 positions across the food processing company since being acquired by the New York and Rio-based investment fund in February 2013. A cold rationality at 3G driven by a thirst for bigger profits fed into another controversial decision to close Heinz’s century-old Leamington, Ont. ketchup factory last June.

In another move that should help fatten Tim Hortons’ bottom line, the chain announced in November it was raising prices on coffee and other popular menu items.

Debt repayment

3G has borrowed billions to buy Tim Hortons, financing the merger with $10.4 billion in loaned money.

That towering debt load 3G must pay down, combined with an eye toward generating bigger near-term profits, is pressuring every expense at the new Tim Hortons, experts say, from headcount to office supplies.

“3G Capital has a well-established post-takeover playbook of cost cutting and mass layoffs,” a paper opposing the deal published by the left-leaning Canadian Centre for Policy Alternatives warned in late October. “The deal is troubling for our country and for fans of Canada’s coffee chain.”

Marc Caira, Tims’ ex-chief executive who has moved to the board of the new company, called Restaurant Brands International, stated at the time of the deal’s announcement in August it will be “business as usual,” with the Canadian chain taking out full-page newspaper ads stating the same.

Invisible to customer

The CCPA report said “hundreds” of jobs throughout Tims’ supply chain, as well as head and regional offices, are at risk.

“They’re going to look for synergies, but any changes they make will be completely invisible to the customer,” Ken Wong, a business professor at Queen’s University told Global News after the deal’s announcement.

WATCH: Tim Hortons says it’s coffee will cost you an average of 10 cents more due higher operating costs.

Jul 16 2019

WATCH: ‘Full House’ stars sing sitcom’s theme song

ABOVE: Watch cast members from Full House sing “Everywhere You Look.”

TORONTO — John Stamos and Bob Saget reunited Saturday night with their Full House co-stars Lori Loughlin, Candace Cameron Bure, Jodi Sweetin and Andrea Barber to sing the sitcom’s theme song.

The cast — minus Dave Coulier and the Olsen twins — came together to celebrate the 60th birthday of Full House creator Jeff Franklin.

Franklin co-wrote the theme song “Everywhere You Look” with Bennett Salvay and Jesse Frederick.

READ MORE: 20 memorable TV theme songs

The birthday bash brought out Stamos (Uncle Jesse), Saget (Danny Tanner), Loughlin (Rebecca), Bure (D.J. Tanner), Sweetin (Stephanie Tanner) and Barber (Kimmy Gibbler).

Coulier, who played Joey Gladstone, was performing stand-up in Orlando, Florida.

Barber shared a video of the performance on social media.

A few of the stars tweeted photos from Franklin’s party.

BELOW: Watch the Full House opening.

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©2015

Jul 16 2019

Need for more guidance counsellors in Ontario elementary schools: report – Toronto

WATCH: A new report finds the majority of Ontario elementary school students don’t have access to a guidance counsellor. An education advocacy group says that is hurting students. Christina Stevens reports.

TORONTO – A new report says Ontario elementary school guidance programs are understaffed.

The report by the parent group People for Education says only 14 per cent of Ontario’s elementary schools have at least one guidance counsellor.

It says that’s despite the fact the provincial government has stressed the importance of counsellors.

In 2013, the province outlined policy changes that said schools should use guidance counsellors to combine career and life planning programs for students from kindergarten to Grade 12.

The report also says the role of guidance counsellors has shifted to become more multifaceted and critical to student well being, focusing more on things like social-emotional development and mental health.

The report’s findings are based on an annual survey of 1,175 responses from elementary and secondary school principals.

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Jul 16 2019

Love, Sask. says Valentine’s Festival is a go despite robbery

LOVE, Sask. – A northern Saskatchewan village called Love may be feeling a little less romantic this Valentine’s Day. Organizers of Love’s 44th annual Valentine’s Festival say thieves made off with festival prizes and liquor earlier this month.

Karen Smith says the thieves broke into Love’s community hall and village office and made off with the goods, which were mostly donated by local businesses. Smith says the festival is still going ahead, noting many businesses have re-donated items to replace the stolen ones.

The village is home to around 65 people and draws love birds from across the country.

WATCH: Couple finds WWII love letters in attic

Around 600 people visited Love last year during the festival, which features a steak supper, winter activities, a king and queen announcement, fireworks and a cabaret.

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©2015