The COVID-19 pandemic didn’t stop shoppers in Calgary and surrounding areas from the Boxing Day shopping tradition.
It was like any other year outside the Best Buy in northeast Calgary. A steady stream of laptops and big screen televisions were being hauled out to the busy parking lot.
“I would say it seems pretty much the same,” Best Buy store leader Cooper Holm said. “We had a ton of people out first thing this morning. We had a lineup of over 100 people.”
The store is only allowing 88 people in at at time. Holm said normal capacity is around 600.
“People are excited as they always are when they come to shop for Boxing Day. I think for many people it’s a tradition getting out there and seeing those deals and getting out there with your family. It’s been very positive,” Holm said.
“We only waited maybe 10 minutes. They were getting people through pretty quick,” Shopper Mark Calder said.
The other change this year at Best Buy is the opening time: The store normally opens on Boxing Day at 6 a.m. but this year the doors opened at 8 a.m. But some savvy shoppers found Calgary stores that opened earlier.
“At 6 o’clock this morning I was at Walmart and bought a 55 inch TV for $300. Then I went to Home Depot because they had tools on for a good price for 75 per cent off so I went there and bought a table saw and a cordless grinder,” Perry Curtis said.
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Shoppers said a pandemic wasn’t about to prevent them from snagging great deals.
“I had the hand sanitizer and I have the mask and everything else, so no, I have no concerns,” said Shannon O’Day, who was shopping at Best Buy.
Others said the reduced numbers of people in the stores made shopping more civilized.
“Much better because there’s lots of workers to help you now. It’s actually really good,” Curtis said.
Holm said the biggest difference shoppers would have noticed this Boxing Day was the reduced number of people inside the store because of COVID-19 restrictions.
“Usually we have hundreds of people in the store and people are bumping shoulders. I think that’s the biggest change,” Holm said.
“I think another major difference is we have stretched out our Boxing Day very similar to what we did for Black Friday. So we’re really trying to encourage our customers to come sooner to avoid big crowds.”
At CrossIron Mills, just north of Calgary, people waited outside to be allowed in as the snow continued to fall. Some shoppers said with the individual stores limiting entry, people were forced to wait in the halls.
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The mall has electronic counters at all entrances and by early Saturday afternoon the mall was nearing the 15 per cent capacity limit, according to marketing director Eva Tran.
Tran said the mall was offering a number of ways shoppers could limit their time on site including the Virtual Line-Up management system and curbside pick-up
The parking lot at Chinook Centre was busy on Saturday as well.
Cadillac Fairview which operate Chinook Centre and Market Mall said in a statement this holiday season is “unlike any other.”
“At CF Chinook Centre and CF Market Mall, we’re focused on providing a safe and comfortable shopping environment and ensuring that our retailers can continue to operate during this challenging time.”
TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.
The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.
The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.
The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.
Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.
Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.
This report by The Canadian Press was first published Nov. 6, 2024.
TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.
The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.
Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.
Consolidated comparable sales were up 0.3 per cent.
On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.
The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.
The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.
Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.
Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.
On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.
The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.