Starbucks to open first pickup-only store in downtown Toronto

TORONTO -- The world’s second Starbucks pickup-only store will open in downtown Toronto in February to offer services solely for people ordering on their mobile phones.

New York City was the first city to get the new, smaller Starbucks, which offers no seating, and only caters to customers who order ahead with the Starbucks app.

See Full Article


Latest Economic News

  • Delta fined USD $50,000 for discriminating against Muslim passengers

    Economic CTV News
    WASHINGTON -- Delta Air Lines was fined $50,000 by the U.S. Department of Transportation Friday to settle allegations it discriminated against three Muslim passengers who were ordered off their planes. In its consent order, the department said it found Delta "engaged in discriminatory conduct" and violated anti-discrimination laws when it removed the three passengers. Source
  • Elite talent: The private school education of NHL All-Stars

    Economic CBC News
    Of the 37 North American players named to this year's NHL All-Star game or filling in as replacements, 15 — or 40 per cent — attended private school. It's a statistic that reinforces the notion that hockey, particularly at its very highest levels, is increasingly a sport not just for those who can afford it, but for those in the highest tax brackets. Source
  • Coronavirus spreads fear and uncertainty for Chinese businesses

    Economic CTV News
    China's worst health crisis in years has sparked fear and uncertainty for businesses from North America to Asia that depend on trade in the affected region. Experts say it's too soon to know how disruptive the crisis will prove. Source
  • Walmart tests higher hourly starting wages in 500 U.S. stores

    Economic CTV News
    NEW YORK -- Walmart says it's testing higher wages for new hourly positions at 500 of its U.S. stores as part of an overall strategy to better empower its staff. The nation's largest private employer, which operates roughly 4,700 namesake stores in the U.S. Source
  • Canada slips in global corruption ranking in aftermath of SNC-Lavalin scandal

    Economic CTV News
    MONTREAL -- Canada has slipped in the annual Transparency International ranking of countries considered among the least corrupt, in light of the SNC-Lavalin controversy. According to the Berlin-based organization's most recent corruption perception index, Canada now ranks 12th on the list of 180 countries assessed, behind Germany, the Netherlands and Norway. Source
  • Nestlé, world's biggest food company, taps Manitoba for plant proteins

    Economic CBC News
    Winnipeg is about to become home to a plant that will supply the world's largest food company with plant-based protein. Nestlé is partnering with Merit Functional Foods and Burcon NutraScience to supply protein from peas and canola that will be used in food and beverages. Source
  • Lyft, Uber waste little time launching in Vancouver

    Economic CBC News
    Ride-hailing companies Uber and Lyft launched in Vancouver Friday morning. At a news conference, Lyft general manager Peter Lukomskyj said his company's initial operating area will be restricted to the core of Vancouver, bounded by Dunbar Street to the west, Victoria Drive to the east and 41 Avenue to the south. Source
  • Alberta landowners urge farmers to cut power to wells with unpaid debts

    Economic CBC News
    A group of Alberta landowners is asking farmers and ranchers to fight back against unpaid debts and unreclaimed oil and gas wells by closing valves and cutting power to energy company sites. "The landowners need to safely shut down those surface leases, whether it's safely turning off the power or safely shutting off the valve," Daryl Bennett of the Action Surface Rights Association said Thursday. Source
  • Cannabis firm Aphria signs deal for $100M investment from institutional investor

    Economic CTV News
    LEAMINGTON, ONT. -- Aphria Inc. says it has signed a deal with an institutional investor who has agreed to invest $100 million in the cannabis company. The company did not identify the investor, who will acquire roughly 14 million units of the company at a price of $7.12 per unit. Source
  • Illegal cannabis prices are down, Statistics Canada report finds

    Economic CBC News
    The gap between what Canadians pay for legal and illicit cannabis is widening — a sign experts say points to the need for the marijuana industry to make prices a priority this year. Statistics Canada said Thursday that the average price of legal cannabis increased to $10.30 per gram in the period between October and December 2019 from $9.69 per gram the year before. Source