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.
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.
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.
Explore how high-tech training at Velo Baseball in Kitchener is revolutionizing player development in Canada. Discover the tools shaping the future of the sport.
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.
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.
Fast-fashion giant Zara adopts AI to create images of real models in new outfits, accelerating production. This industry shift could reshape fashion photography. Read about the tech's impact.
Canada's flagship plant-based food innovation conference, Plant Forward, is coming to Saskatoon in September 2026. The event will highlight the Prairies' role as a global leader in sustainable agriculture and ingredient production.
A new report reveals corporate Canada's AI dilemma: strong belief in its potential, but widespread frustration with current implementation and performance. Discover the challenges and the path forward.
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.
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.
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.
Shopify CEO Tobias Lütke calls out Liberal government's $72M subsidy to Nokia as 'toxic' to Canadian tech economy. Analysis shows Canada ranks 17th in global innovation.
Northern Ontario's inaugural private mental health walk-in clinic has launched in Sudbury, offering immediate support services. Discover how this healthcare innovation addresses critical gaps in mental health care access.
One Canadian company breaks retail tradition by closing on Black Friday 2025. Discover why they're opting out of the shopping frenzy and what it means for Canadian retail.