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Cision Canada
6 minutes ago
- Cision Canada
Independent Convenience Stores Across Canada Prepare to Celebrate National Convenience Week and Call for Action to Help Local Stores Stay Open
TORONTO, /CNW/ - As Canada prepares to mark National Convenience Week in the last week of August, the United Korean Commerce & Industry Association of Canada (UKCIA) is proud to highlight the essential role independent convenience stores play in keeping our communities safe, connected, and well-served. Across Canada, independent convenience stores are more than just neighbourhood shops – they are trusted community hubs. Store owners and their employees build lasting relationships with customers, watch out for local safety, and uphold strict age-verification practices for products such as lottery tickets, alcohol, and tobacco. UKCIA members and their affiliates have built their businesses on the principles of responsibility, fairness, and service. Yet, as highlighted in a recent commentary from a Toronto store owner, these values are being tested. Increasing overregulation - such as the federal ban on nicotine pouches in convenience stores - is hurting honest retailers while fuelling the illegal market. Nicotine pouches are a Health Canada approved smoking cessation product, but since their removal from convenience store shelves, independent store owners estimate losing an average of $75,000 in gross sales per store annually. Customers openly tell retailers that these products are now readily available through illegal sellers. By banning legal, controlled sales in licensed convenience stores, the federal government has handed the black-market a near monopoly on a product designed and approved by Health Canada to help Canadians quit smoking. That's bad for public health, bad for small business, and bad for community safety. Convenience stores have not just lost the sale of nicotine pouches; they have lost the foot traffic that leads to a bag of chips or a bottle of pop. For many UKCIA members $75,000 in gross revenue is the difference between survival or closing their doors. UKCIA is calling on Canada's new Health Minister, Marjorie Michel, to meet with convenience industry representatives to understand the significant impact her predecessor's unilateral decision has had on small businesses across Canada. At a time when economic uncertainty is at its peak, small business owners need all the help possible to stay afloat. The industry hopes the new Health Minister recognizes the power she has to support small businesses in this country and repeal her predecessor's irrational and insulting ministerial order that unfairly targeted small business owners. Reinstating these sales of pouches in convenience stores would: Provide adult smokers with easier access to a federally approved cessation product. Allow small businesses to recover significant lost revenue and foot traffic in their stores. Reduce the growing illegal nicotine market offering unregulated products without requiring proof of age. During National Convenience Week, UKCIA invites Canadians to support their local stores and recognize the tireless work of independent operators who contribute to safer, more vibrant communities. Independent convenience stores want to work with government to find solutions that protect public health, keep communities safe, and ensure that honest retailers - not criminals - are the ones serving Canadian customers. About UKCIA The United Korean Commerce Industry Association of Canada (UKCIA) represents over 2000 independent convenience store owners across Canada, advocating for fair regulation, safe communities, and the success of small business entrepreneurs.
Globe and Mail
36 minutes ago
- Globe and Mail
Rocket Lab's Electron Strengthens Grip on Small Launch Market
Rocket Lab USA, Inc. ( RKLB ) has emerged as an industry forerunner in the launch and space systems market. In the launch segment, Rocket Lab has built a strong position through its small satellite launch services offered by the Electron rocket, which is currently the second most frequently launched U.S. rocket. The growing demand for Rocket Lab's services involving its Electron rocket is evident from several recent developments. In February 2025, the company secured a major contract from a Japan-based Earth imaging company, iQPS. This agreement covers eight dedicated Electron launches, with six missions scheduled for 2025 and two in 2026, making it one of the largest Electron launch deals to date. In June, RKLB successfully launched its 68th Electron rocket to deploy a single satellite to space for a confidential commercial customer. In the same month, Rocket Lab got selected to launch a dedicated Electron mission for the European Space Agency (ESA) for the first time, to deploy the first pair of satellites for a future navigation constellation for Europe. Rocket Lab will conduct these launches, no earlier than December 2025. With such high-profile contracts in its order book, Rocket Lab's Electron rocket cements its dominance in the small launch market, proving its reliability and scalability as the demand for dedicated, agile satellite deployment grows. Other Stocks to Keep on the Watchlist In the modern era of space exploration, factors such as rapid technological advancements, rising demand for satellite deployment, increasing commercial space activities and growing investment in space infrastructure are driving the expansion of the space launch services market. Apart from RKLB, other industry players like Boeing ( BA ) and Lockheed Martin ( LMT ), which already have a well-established presence in the launch services sector, are also positioned to benefit from these growth trends. Their joint venture, the United Launch Alliance (ULA), has been a key U.S. launch provider, successfully delivering more than 150 Atlas and Delta rockets since its formation in 2006. ULA's latest offering, the Vulcan rocket, is an evolution of the Atlas V and Delta IV vehicles. It is designed to provide more affordable and accessible launch options for a variety of missions, further strengthening ULA's competitive standing in the market. RKLB's Price Performance, Valuation and Estimates Shares of RKLB have gained 637.6% in the past year compared with the industry 's 43.3% growth. The company shares are expensive on a relative basis, with its forward 12-month Price/Sales being 26.45X compared with its industry's average of 10.16X. The Zacks Consensus Estimate for RKLB's 2025 loss has improved over the past 60 days. RKLB stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Rocket Lab Corporation (RKLB): Free Stock Analysis Report
Cision Canada
2 hours ago
- Cision Canada
U.S. Military Study Identifies TITAN CSR® Retractor as Top Surgical Retractor for Deployed Trauma Care
Department of Defense–funded evaluation at MHSRS 2025 finds TITAN CSR® retractor delivers the greatest abdominal exposure, fastest setup, and highest overall surgeon satisfaction among systems tested. SAN ANTONIO, Aug. 14, 2025 /CNW/ -- Advanced Surgical Retractor Systems, Inc. (ASR Systems) announced today that its flagship product, the TITAN CSR® retractor, distributed by Keir Surgical in Canada, was identified as the top-performing retractor system in a Department of Defense–funded study evaluating surgical retraction platforms for forward-deployed surgical teams.
