Saks Fifth Avenue Owner Files for Bankruptcy
The parent company of luxury retailer Saks Fifth Avenue has filed for bankruptcy protection. Get the latest details on this major business development and its potential impact.
The parent company of luxury retailer Saks Fifth Avenue has filed for bankruptcy protection. Get the latest details on this major business development and its potential impact.
Luxury retail giant Saks Global has filed for bankruptcy protection as it prepares for a significant corporate restructuring. Get the latest details on this major business development.
Luxury retail giant Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy. The company secures $1.75B in financing to keep stores open while restructuring massive debt.
Brantford Police have released images of two individuals wanted in connection with a series of retail thefts. The public is urged to assist in identifying the suspects.
Windsor Police report a major increase in retailers pressing charges for shoplifting, signaling a tougher stance on retail crime. Learn about the data and community impact.
Fashion retailer Abercrombie & Fitch is set to open a new location in Winnipeg, marking a significant addition to the city's retail landscape. Learn the details and expected impact.
A Yaletown clothing store owner is calling for accountability after a brazen theft saw $3,000 in merchandise stolen. Surveillance footage captured the incident as retail crime concerns grow.
A wave of street disorder and crime is forcing businesses to close across Canada. New data reveals nearly 20% of retailers say their survival is unsustainable. Read the full analysis.
Vancouver's Aritzia Inc. achieves record Q3 revenue of $1.04 billion, a 43% year-over-year surge, driven by strong U.S. growth and digital initiatives. Read the full analysis.
Peavey Mart has confirmed the official opening dates for its new retail locations in Saskatchewan. Get the latest details on the expansion of this popular farm and home store chain.
A new Deloitte report predicts Canada's economic growth will decelerate to 1.5% in 2026. Explore the factors behind the slowdown and what it means for businesses and consumers.
Retail analyst Bruce Winder forecasts a pivotal 2026 for Canadian retailers, shaped by a new 'frugal and cautious' consumer, persistent inflation, and the rapid rise of AI. Discover the challenges and opportunities ahead.
Fabricland will shutter its Kitchener location, marking the end of a destination for fabric and sewing supplies in the community. Learn about the closure details and local impact.
Expert Jessica Ramírez shares her 2026 outlook for Canadian consumer behaviour, highlighting a shift towards value and convenience. Discover the key trends set to define retail.
Durham Regional Police announce results of a major retail theft operation, leading to 64 arrests and 155 charges. The crackdown targeted organized theft across the region.
Discover how a local Edmonton retailer is defying the e-commerce trend and thriving with a unique, community-focused strategy. Learn their secrets to success.
The U.S. economy expanded at a robust 4.3% annual rate in the third quarter of 2025, showcasing surprising strength. Discover the details and implications for cross-border trade and the Canadian economic outlook.
Saskatoon retailers are reinventing the holiday shopping experience by prioritizing personal, face-to-face customer connections. Discover how local businesses are adapting in a post-pandemic world.
Canadian retailers face a significant rise in fake currency circulation. Learn how to spot counterfeit bills and protect your business from financial loss.
Canadian retail sales declined to $69.4 billion in October, led by drops in food, beverage, and clothing. Economists see a flat trend signaling consumer caution.
Statistics Canada reports a slight decline in retail sales for October 2025. Get the details on the consumer spending slowdown and what it means for the economy.
Hamilton police have laid charges against 21 suspects following a major investigation into organized retail theft. The operation is believed to have caused losses exceeding one million dollars.
Birkenstock reports subdued sales growth and profit for 2025, with new tariffs impacting margins. Get the full analysis on the challenges facing the iconic footwear brand.
A Vancouver man faces a new murder charge in the death of a third woman. Police detail the investigation and charges in this ongoing case. Read the latest developments.
Peavey Mart confirms its return to Saskatchewan with a Regina store set to open in 2026. Get the details on the retailer's comeback to the prairie market.
A new community hub is set to open in Montreal's West Island in September 2025, replacing the former West Island Assistance Fund site destroyed by fire in 2019. Learn about the project's significance.
Canadian retailers are scaling back self-checkouts as theft and user frustration undermine the promised savings. Discover why the automated future is hitting a human-speed bump.
An 'incredible' old-growth yellow cedar was cut down in B.C., raising serious questions about the enforcement of the province's big-tree protection law. Advocates demand answers.
Manitoba union calls for new safety legislation after cannabis store employees report armed robberies and sexual harassment. Learn about the urgent push for change.
Toys R Us Canada is shutting down three Quebec stores in January, leaving only one location in the province. The closures will result in 68 layoffs. Learn about the retail shift.