Report on Small Business Newsletter: How Mastermind thrives in the cut-throat world of toys GlobeSmallBiz
It’s the tale of two toy stores. Mastermind Toys, opened by brothers Jon and Andy Levy in North Toronto in 1984, has been in the midst of a massive cross-country expansion, from 11 stores in 2011 to 67 today. Meanwhile, rival Toys"R" Us experienced turmoil in recent years, going through bankruptcy protection in Canada and having its U.S. parent shuttered.
An Ontario judge has ordered a former Facebook executive and two Toronto venture capitalists to pay almost US$16-million in damages in a case that included claims of a hidden interest in the popular dating app Tinder.Canada has sat out this year’s tech IPO boom save for Montreal-based Lightspeed POS Inc.’s public offering in March.
Amazon, which is racing to deliver packages faster, is turning to its own employees with a proposition: Quit your job and we’ll help you start a business delivering Amazon packages. The offer, announced Monday, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. The company sees the new incentive as a way to get more packages delivered to shoppers’ doorsteps more quickly.Indigenous women leaders will have a new options to grow their businesses.
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