Month: September 2013
As many as 80 unaccounted for in Boulder floods
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The challenge of accurate radiology readings
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Here is the best review of the issue discovered at the Trillium Health Partners in Mississauga. The name of doctor is given and context of the size of the problem. CBC News
Rollover at Laird Dr. and Vanderhoof Ave.
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Vacancies on Bayview: Take my store — please!
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The year that started it all — 2008 – is mercifully receding into the past. But the so-so business conditions that it established everywhere seem to be with us still. On South Bayview, as on most business streets, retail space is going begging. Rents may be too nigh but the underlying issue is a lack of confidence among even seasoned retailers that they can really make a go of it. Conditions on neighbouring streets like Mt. Pleasant, are just as bad, if not worse. In the north block, the large double store at 1685 that recently held Detail home accessories remains un-leased. Word has it that some offers have been made to turn it into a restaurant but the landlord is resisting that. We get it. Southbound from there, the former Country Store location is already open (without a sign yet) as a new stationery store, Essence du Papier. It has been especially sad to see the Sentry at 1633 Bayview empty after 17 years of business, Near Millwood Rd., Byford RE has the shop at 1517 for lease. On the west side of Bayview, there is a sign in the window of 1600 but it is in anticipation of the departure of the condo and town home showroom which may happen later this year. And the former Landmark, former Highway 61 is still for lease. The best news today is that a new tenant seems set to nip off the nice space next door to The Elegant Garage Sale. That’s the former Teaopia location. Premier works her job as Ag Minister on Bayview
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Toronto woman leaves savings to horses, dogs
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Fisherman escapes from N. Korea after 41 years
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Waterspouts over L. Michigan a show of nature
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Firefighters getting New Jersey fire under control
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Premier Wynne to visit South Bayview Friday
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Telling Visa to take its business elsewhere
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| Larry Rossy |
It’s a problem every retailer would love to have. Larry Rossy, the CEO of Dollarama, just can’t figure out how it would help his business at all to start accepting Visa and MasterCard. Nope. He’s tried to slice it different ways but he still can’t see why he should give up Dollarama’s cash and Interac only policy. He’s studied it and listened to the “credit card people” as he calls them. They can convince you of almost anything, he says. But no. Dollarama now dodges those nasty 2 and 3% Visa fees on fancy “black” credit cards, and on all the rest. He makes his money with a decent markup on cheap goods and by keeping overhead down. Rossy says he is especially concerned about Visa or MC cannibalizing that efficient Interac business. Maybe he would do a percentage or two more business by accepting credit cards only to find he was doing a percent or two less with Interac. When you figure in the card fees, that’s a net loss You have to love the man’s choices. Walking away never felt so good, we’re guessing.



