The South Bayview Bulldog

Will the Nissan Leaf beat out the Chevy Volt? They were very close in sales figures to this Spring when suddenly, the Leaf jumped into a two and a half to one lead. The numbers are far from huge, but something is going on.
USA Today.

Dollarama, the Canadian small goods dollar store, is reporting a big increase in revenue this morning, along with its first dividend since going public in 2009. The retailer of low-cost items puts net earnings in its fiscal first quarter ended May 1 at $30.4 million, or 40 cents per share, compared with $22.5 million, or 30 cents per share, in the same year-earlier period. Sales rose 11 per cent. Dollarama says the growth was driven by the opening of 56 new stores in the preceding year and by comparable store sales growth. A news release says: “Our growth plans remain on track. We continue to open stores in markets across Canada, and launched 15 new stores during the quarter. We feel strongly that the market remains underpenetrated and we are confident that we will achieve our store opening target of 50 net new stores during the current fiscal year.” Company report.

The Tea Emporium at 1592 South Bayview will close shortly because it cannot pay the rent increase required by the landlord. In a sad statement posted on the window of the shop, the owners say they have made the decision with “heavy heart and great difficulty.” They say, “Unfortunately, our rent has been increased to the point where it is no longer sustainable.” The Tea Emporium invites customers to visit the branch location at the corner of Eglinton Ave. W. and Braemar Avenue. (Not too far from Homefront on Eglinton West incidentally).