Category : Retail Trade


Saks Global files for bankruptcy protection

Luxury retail giant Saks Global, owner of Saks Fifth Avenue, has filed for Chapter 11 bankruptcy. The move follows mounting debt from its 2024 acquisition of rival Neiman Marcus and a shrinking high-end market.

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.

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.

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.

Aritzia's Quarterly Sales Surpass $1 Billion Mark

Canadian fashion retailer Aritzia achieves a major milestone with over $1 billion in quarterly sales. Stifel analyst Martin Landry breaks down the key drivers behind the brand's impressive performance.

Aritzia Q3 profit jumps to $138.9M on strong U.S. sales

Canadian fashion retailer Aritzia reports a significant rise in third-quarter profit, reaching $138.9 million. The surge is attributed to robust revenue growth in its U.S. business. Read the full financial breakdown.

Aritzia Profit Jumps 90%, Hits $1B in Quarterly Sales

Vancouver's Aritzia reports a 90% profit surge and first-ever $1B quarterly revenue, driven by U.S. expansion and digital growth. Discover the details behind the fashion retailer's record-breaking performance.

56 charged in Waterloo Region retail theft blitz

Waterloo Regional Police have charged 56 individuals following a targeted enforcement initiative against organized retail theft. The operation highlights a growing concern for local businesses.

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.

Nordstrom Half-Yearly Sale: Top Deals Up to 66% Off

Nordstrom's massive Half-Yearly Sale is live with incredible discounts on designer fashion, beauty, and tech. Discover 10 top picks, from Sam Edelman loafers to Jo Malone fragrances, all at deep discounts.

Nordstrom Sale: Up to 66% Off Designer Goods

Nordstrom's Half-Yearly Sale offers massive discounts on designer clothing, beauty, and home essentials. Save up to 66% on brands like Sam Edelman, Skims, and Clinique. Don't miss these limited-time deals!

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