Edmonton’s historic Italian Bakery reopens 3 years after fire destroyed business – Edmonton

Edmonton’s Italian Bakery celebrated its grand reopening Saturday, more than three years after a fire destroyed the Chinatown landmark.

Customers packed the store to celebrate the bakery’s return with a lion dance, a ribbon-cutting ceremony, and free samples of pastries and meals.

“I just want to say ‘Edmonton this is for you. This is for you,’” owner Renato Frattin told Global News.

The family-run store business is now operating out of a new and improved space with more to offer.

“We never had pizza before. We never had fresh pasta and now we have opportunities to do that,’ Frattin said. “We never had produce, now we have that, too. So we kind of got the full package here.”

The Italian Bakery temporarily ceased operations in April 2020 after a fire ripped through much of its old building. Edmonton police confirmed arson was to blame.

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This was the family’s second encounter with a fire-related incident. Back in February 2016, a blaze tore through their 118 Avenue location.

Between construction delays and family circumstances, including the deaths of Renato’s parents and brother-in-law, the Chinatown location stayed closed longer than originally anticipated.

The bakery soft-launched about a month ago. Frattin is not only thrilled to make a comeback, but excited to see patrons waiting for the bakery’s return.

“I am so happy to see all the people here. The turnout is unbelievable,” he said.

“There were at least 100 people outside before the store even opened today. We’re so happy.”

Frattin’s parents, Antonio and Aurora Frattin, first opened the Italian Bakery in 1960. Frattin is grateful to see the business pass down through the generations.

“If you work hard, and you have good quality and consistency… time passes, and the next thing you know you’re like ‘Oh, I’m here,’” he said.

Anne Stevenson, city councillor for the O-day’min ward, was in attendance Saturday morning, saluted the bakery for its courage.

“This is a great example of how, as a community, we can go through exceptionally hard and challenging times and come through even stronger than before,” she said.

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Several other community partners were in attendance, including Chinatown Business Improvement Area co-chair Christina Trang and Edmonton police chief Dale McFee.

Trang

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Mastermind Toys sells most of business, closing 18 stores

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Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.

The Toronto-based chain announced Monday that it has signed an asset purchase agreement with Unity Acquisitions Inc., a company run by Joe Mimran, Frank Rocchetti and David Lui.

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Mastermind and Unity did not disclose the financial terms of their deal, which is still subject to court approval but is expected to close in January.

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The deal includes the majority of Mastermind Toys store locations and will allow a “significant” portion of the company’s 800 employees to continue with the business.

“The acquisition aligns with Unity’s strategy to enhance and grow extraordinary Canadian brands,” Joe Mimran said in a statement.

“We are thrilled to have the opportunity to work with the team at Mastermind Toys and take the brand and the business to the next level.”

Mimran is best known for founding Club Monaco, creating the Joe Fresh brand for grocer Loblaw Companies Ltd., and in more recent years, helping revive hat business Tilley Endurables Inc. with Rocchetti.

Meanwhile, Lui has spent time at Canadian Tire Corp. Ltd.’s brands Sport Chek and Mark’s, and is chief executive of clothing retailer Kit and Ace, which the trio also own. The group also owns Casca Footwear, a premium shoe company from Vancouver.

Mastermind is owned by Birch Hill Equity Partners Management Inc. and has been facing increasing competition, disruptions from the COVID-19 pandemic and more recently, a deteriorating economy that has customers spending less.

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These factors have been so severe Mastermind has been trying to sell its business and last month filed for creditor protection.

The store began telling customers last week that it would close 18 of its 66 stores.

The stores closing include nine locations in Ontario, four in Alberta, two in New Brunswick and one each in British Columbia, Nova Scotia and Manitoba.

An Ontario court granted Mastermind permission to liquidate stores last week, saying the sales must be wrapped up by Feb. 29.

Despite some stores closing, Mastermind says its holiday sales and promotions will continue. It has also introduced an extended holiday return and exchange policy for purchases made online and in stores, other than at the 18 stores conducting liquidation sales.

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For business owners, knowing where to invest limited time and resources can be a matter of survival

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As small and medium-businesses become more digital, having control over devices is vital – especially in remote settings – to reduce downtime and IT support costs, among other benefits.Supplied

From tight margins to tight timelines, small and medium-sized business owners face multiple challenges – but new technologies have come a long way in empowering them to accomplish more with less.

Business owners need tech solutions that are easy to use, reliable, flexible, secure and energy efficient. That is what inspired Intel to develop Intel vPro® – powered by the newest Intel® Core™ processors and made specifically to meet their needs.

Its suite of business grade security solutions, remote management and performance capabilities are designed to deliver value to businesses of all shapes and sizes, right out of the box.

Business owners have countless options when it comes to PC technologies. Choosing one that’s designed to support their unique needs and ensure ongoing productivity can offer a real advantage. Intel vPro® offers business-class performance, hardware-enhanced security features and modern manageability and stability to minimize disruptions and reduce IT support costs.

Comprehensive multilayer security

When it comes to protection, small and medium-sized businesses face unique challenges. Whether they offer digital products or manage payroll online, they’re increasingly relying on technology to manage their operations, which makes them vulnerable to cybersecurity threats, underscoring the need for a robust security platform.

According to a recent study, there has been a 600-per-cent rise in cybercrime and a 238-per-cent increase in cyberattacks since the start of the pandemic, yet only one-third of Canadian small business owners feel confident in their cybersecurity defences.

Intel vPro® was designed to address this gap and offers specialized hardware-based security. Its threat detection software uses artificial intelligence to detect and prevent malicious threats, in real time, providing businesses with an added layer of protection, and one less thing to worry about.

Professional-grade performance

You don’t need to run an enterprise company to expect enterprise-level performance from your devices. Keeping pace with best-in-class technology enables small and medium-sized businesses to minimize disruptions while maximizing employee productivity.

Intel® Core™ i5 and Intel® Core™ i7 processors ensure day-to-day performance doesn’t lag during busy periods, when they’re needed most. With industry-leading Intel® Core™ processors at the heart of the Intel vPro® platform, business owners can ensure their vital applications aren’t slowed down by substandard hardware.

Complete management

As

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Mastermind Toys to close 18 stores, will sell bulk of its business to Unity Acquisitions

Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.

The Toronto-based chain announced Monday that it has signed an asset purchase agreement with Unity Acquisitions Inc., a company run by Joe Mimran, Frank Rocchetti and David Lui.

Mastermind and Unity did not disclose the financial terms of their deal, which is still subject to court approval but is expected to close in January.

The deal includes the majority of Mastermind Toys store locations and will allow a “significant” portion of the company’s 800 employees to continue with the business.

A representative for Mastermind Toys said the exact number of jobs impacted by the closures has not been finalized. The company also declined an interview with CBC News.

“The acquisition aligns with Unity’s strategy to enhance and grow extraordinary Canadian brands,” Joe Mimran said in a statement.

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“We are thrilled to have the opportunity to work with the team at Mastermind Toys and take the brand and the business to the next level.”

Mimran is best known for founding Club Monaco, creating the Joe Fresh brand for grocer Loblaw Companies Ltd., and in more recent years, helping revive hat business Tilley Endurables Inc. with Rocchetti.

Meanwhile, Lui has spent time at Canadian Tire Corp. Ltd.’s brands Sport Chek and Mark’s, and is chief executive of clothing retailer Kit and Ace, which the trio also own. The group also owns Casca Footwear, a premium shoe company from Vancouver.

Retail Insider Media publisher Craig Patterson told CBC News he was surprised to see Unity Acquisitions buy Mastermind, given that the acquisitions firm has a foothold in the fashion retail world.

“If they’re bringing on a toy retailer then it looks like Unity could be maybe looking to diversify its holdings and who knows [what] they may acquire next,” Patterson said.

Unity has “a really good leadership team behind them that has seen success with retail across all kinds of different businesses in the past,” he added.

Filed for creditor protection last month

The Canadian toy retailer filed for creditor protection on Nov. 24 — Black Friday, the biggest shopping day of the year.

Mastermind is owned by Birch Hill Equity Partners Management Inc. and has been facing increasing

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5 AI Apps For Business That You Should Try

There’s a lot of AI-hype going around and a countless number of products that are promising to change the world and your life with just a push of a button.

That’s all good and well, but we’ve got companies to run. So what’s really real for your business right now?

Many of these apps, in my opinion, are not ready for prime time. For example, the potential for text-to-image and text-to-video is exciting bur right now these apps are in their infancy and both the images and videos generated look like they were generated. Apps promising “productivity” and “automation” are mostly just doing what ChatGPT does either for free (version 3.5) or for a nominal fee ($20 per month for their ChatGPT Plus version).

However, there are a growing number of reliable, legitimate AI tools that can help increase productivity in your business. I’ve listed five below. Please know that there are plenty of competitors in each category and I’m using these five applications as examples for a specific business use case. Also know that some do lean on ChatGPT and who knows, with all the competition, how many of these will be around in a year? That said, I’m recommending these applications to my clients who are interested in dipping their toes into the world of AI not for fun, but for help running their businesses.

Headshot Generators

These are applications that use AI to pretty-up existing photos and make them more clear, more professional and more appropriate for business use. Apps like ProfilePicMaker can take a simple selfie and then remove or replace backgrounds, touch up your skin and even change the clothes that you’re wearing. Business owners can use the final product for their websites, social pages and other marketing materials. So can their employees. It’s less expensive than a professional photographer and it’s quicker.

Chatbot Builders

AI-based chatbot builders like Droxy.ai will create a knowledge base of information that can be searched conversationally by your employees or made available publicly on your website. For example, you can upload your entire website, any videos you’ve made for training or product demonstrations, or PDFs of spec sheets, quotes, proposals, instructions and contracts. Yes, there’s a little heavy lifting up front. But

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