A University of Toronto professor’s 10-year-old book is back in the spotlight thanks to a random coincidence and the U.S. president.Randall Hansen was at a conference in Washington last week when Michael Wolff’s tell-all exposé of Donald Trump and the interior workings of the White House took over the airwaves — and pretty much everything else. He initially didn’t think much of it — but later realized it was one hot commodity.“Everyone was saying Fire and Fury left, right and centre,” said Hansen, the interim director of U of T’s Munk School of Global Affairs. And they weren’t talking about his book.His Fire and Fury, subtitled The Allied Bombing of Germany, 1942-1945, was published in 2008 and “has been languishing in sales,” Hansen said Monday. “Then I checked on Amazon, and all of a sudden my book was on three best-selling lists, including military history. That’s when I knew something nice was going … [Read more...] about A U of T professor titled his 2008 book Fire and Fury. Thanks to Trump, sales are up 10 years later
The CRTC is being urged to hold a public inquiry into the sales practices of the country’s major telecommunications service providers.The formal request to the federal regulator comes from the Public Interest Advocacy Centre (PIAC), an Ottawa-based non-profit group that often battles with Canada’s major telecommunications service providers.PIAC executive director John Lawford on Monday called for CRTC chairperson Ian Scott to investigate recent media reports about high-pressure sales tactics used by least one major company.“Many of these aggressive sales practices appear to have targeted vulnerable consumers, including older Canadians, grieving spouses and blind customers,” Lawford writes.His letter refers to a CBC news investigation in November that began with allegations by Andrea Rizzo, a Bell call centre employee in Scarborough, who said she was under intense pressure to make a sale on every call. … [Read more...] about CRTC urged to investigate telecom sales tactics
Montreal was one of Canada’s hottest real estate markets last year as low unemployment and economic growth translated into the area’s best sales growth in a decade.Total sales in the Greater Montreal Area increased eight per cent to 44,448 on the strength of condominium sales and good overall activity on the Island of Montreal.Sales growth exceeded 20 per cent in five of the city’s most popular boroughs. Read more: Average Montreal home prices reach record high in October … [Read more...] about Montreal real-estate sales growth hits 10-year high while Toronto, Vancouver sales decrease
VANCOUVER—Lululemon Athletica Inc. is raising its sales and earnings guidance for its fourth quarter.The retailer says it now expects net revenue will be in the range of $905 million to $915 million for the quarter based on a total comparable sales increase in the high single digits on a constant dollar basis.The revised forecast compares with its earlier guidance for net revenue in the range of $870 million to $885 million for the fourth quarter based on a total comparable sales increase in the mid-single digits on a constant dollar basis.Lululemon also says it now expects diluted earnings per share of $1.24 to $1.26 for the fourth quarter. Excluding the impact of the restructuring of its Ivivva operations, it expects adjusted diluted earnings per share in the range of $1.25 to $1.27.That is up from earlier guidance for diluted earnings per share of $1.18 to $1.21, or $1.19 to $1.22 excluding the Ivivva restructuring. … [Read more...] about Lululemon hikes its sales, earnings guidance following holiday season
Worrisome sign in vehicle salesRecent exuberant reports that Canadian auto sales hit an all-time high in 2017 are not quite the sign of healthy economic growth that this leading indicator at first suggests. After achieving a fifth consecutive record last year, sales should be expected to decline at least modestly in 2018. We can see that from the November and December figures, which each show declines in total sales. And for Ontario’s all-important auto-assembly and auto-parts sectors, the fact that light trucks accounted for a whopping 68.6 per cent of total 2017 sales is not encouraging. Continued strong sales in light trucks — that is, SUVs, crossovers, pickup trucks and vans — are more tied to volatile gas prices than passenger vehicles. The light-truck strength (sales were up 8.7 per cent) does signal robust consumer spending, but what it most powerfully tells us is that business investment is growing, since pickups and vans, in particular, often are fleet … [Read more...] about Have auto sales in Canada run out of gas?