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.
Category : Search result: retail sector
Luxury Retailer Saks Global Files for Bankruptcy
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.
Saks Global Files for Bankruptcy Protection
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.
Suspects Wanted for Brantford Retail Thefts
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 retailers pursue theft charges more often: WPS
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.
Abercrombie & Fitch Coming to Winnipeg in 2026
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.
Vancouver shop owner demands action after $3K theft
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.
Canadian Downtowns Gutted by Crime, 19% of Businesses at Risk
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 Sets Opening Dates for Saskatchewan Stores
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.
Why 2026 is Critical for Canadian Retail
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 Announces Closure of Kitchener, Ontario Store
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.
How Caution and Convenience Will Shape Canadian Retail in 2026
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.
Remote work ending for thousands of Canadian workers in 2026
A major shift is coming in 2026 as thousands of public and private sector employees across Canada will see their remote work options end. Learn what this means for the future of work.
64 arrested, 155 charges in Durham retail theft crackdown
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.
Edmonton Store Thrives Amid Online Shopping Boom
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.
Canadian economy shrinks 0.3% in October, biggest drop since 2022
The Canadian economy unexpectedly contracted by 0.3% in October 2025, the largest monthly decline in almost three years. Get the full analysis on the widespread sectoral weakness.
Saskatoon Retail Reinvented for 2025 Holiday Shopping Season
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.
Counterfeit bill circulation spikes in Canadian retail
Canadian retailers face a significant rise in fake currency circulation. Learn how to spot counterfeit bills and protect your business from financial loss.
Retail sales fall 0.2% in October ahead of holidays
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.
October retail sales down 0.2% to $69.4B
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.
21 charged in Hamilton retail theft ring worth over $1M
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.
Canadian Private Sector Unionization Drops to 15%
New data reveals a stark divide in Canadian unionization, with public sector workers five times more likely to be unionized. Explore the trends reshaping labour.
Peavey Mart returning to Saskatchewan in 2026
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.
Economics, Theft Force Rethink of Self-Checkouts in Canada
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.
Vancouver business council flags public vs. private sector growth gap
The Vancouver business council highlights a persistent economic concern: the stark contrast between public and private sector job growth in the region. Read the full analysis.
Kroger Misses Q3 Sales Estimates Amid Consumer Pullback
Kroger's third-quarter sales fell short of analyst expectations, highlighting a broader trend of cautious consumer spending. Discover the key figures and what this means for the retail sector.
Manitoba cannabis workers demand safety laws after incidents
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 Closing Most Quebec Stores, 68 Layoffs
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.
Canadian Company Closes for Black Friday 2025
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.
Uneven Economy Drives Black Friday Stock Picking
Canadian investors face complex Black Friday decisions as economic uncertainty reshapes retail stock strategies. Discover which sectors may outperform this shopping season.
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