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.
McDonald's Canada's decision to freeze prices on value meals for a year has triggered a competitive price war, putting pressure on rivals and the entire agricultural supply chain. Read the analysis.
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.
Saskatchewan residents will see higher costs for car insurance and electricity in 2026 and 2027. Learn the proposed increases, why they're needed, and how the approval process works.
Metro Vancouver residents face higher costs for essentials like hydro and groceries in 2026. Learn what's driving the increases and how to budget for the year 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.
Calgarians will see a series of municipal fee increases and property tax rises effective January 1, 2026, impacting household budgets after the holidays. Learn what's changing.
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.
Calgarians will pay more for transit and recreation in 2026. Get the details on new bus fares, pool passes, and the reasons behind the municipal fee hikes.
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.
Precious metals skyrocket as gold vaults above US$4,500 and silver surpasses $70 per ounce in a powerful year-end surge. Discover the drivers behind the rally.
As gold and silver hit record highs, major banks and traders are aggressively expanding their precious metals operations, transforming a once-sleepy sector into a profit powerhouse. Discover the driving forces.
Gold and silver prices surge to unprecedented levels, fueled by Federal Reserve rate cut expectations and escalating global risks. Retail investors drive ETF inflows.
Ontario consumers may see higher prices for some alcoholic beverages starting in 2026. The LCBO is expected to implement annual adjustments, impacting retail costs across the province.
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.
Housing advocates warn Montreal tenants face an 'inflationary spiral' with rent hikes potentially higher next year as landlords pass repair costs to renters. Learn the details and implications.
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.
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.