Retail's red ink: in the frugal age, only the toughest survive

Article Abstract:

Many Canadian retail chains have closed during the 1990s due to increased competition from discount chains and 'big box' specialty stores. Although consumer spending is expected to increase in 1997, retailing remains a high-risk venture due to a variety of threats including the Internet.

Retail Trade, Industry Overview, Canada, Retail industry

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On the crest of a wave

Article Abstract:

Canadians are investing in AIC Ltd's mutual funds at a rate of $15 million a day. The funds' popularity is due to their performance. AIC's Advantage fund returned 43.3% in 1997 for example. The mutual fund management company has also been heavily criticized.

Management, Mutual funds, AIC Ltd., Wellum, Jonathan

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