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Retail & Manufacturing
Retail & Manufacturing
MEC acquired by Canadian investors, including own executives
Investors include textile executive Tim Gu and MEC's own executives Peter Hlynsky and Chris Speyer
May 16, 2025 4:30 PM
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Canadian Tire a good fit for Hudson's Bay but will need to exercise caution: experts
TORONTO — With Canadian Tire poised to become the new home for Hudson's Bay and its brands, retail experts say the company will have to balance the integrity and heritage of the 355-year-old department store with the wealth of possibilities its forth
May 16, 2025 11:41 AM
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Hudson's Bay creditor protection extended until July 31
TORONTO — An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.
May 13, 2025 10:33 AM
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Hudson's Bay garnered 17 bids in process to find new owner for retailer, assets: docs
TORONTO — A new court filing shows a process meant to find a new owner for Hudson's Bay and its assets has yielded 17 bids.
May 9, 2025 1:51 PM
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HBC's slow demise was no surprise, says B.C. retail expert
‘It was always a question of when, not if,’ David Ian Gray says of Hudson's Bay Co.'s misfortunes
May 8, 2025 10:58 AM
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Acquisitions fuel Premium Brands growth to record Q1 revenue
Sales set to reach up to $7.4 billion this year after steady growth through the decades
May 7, 2025 1:00 PM
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Vancouver's Kits Eyecare grows sales by a third to record $46.6M
Growth drivers were sales for glasses with progressive lenses, and contact lenses, which both have hefty profit margins
May 6, 2025 4:30 PM
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Aritzia diversifying away from China as tariff tensions continue: CEO
Aritzia Inc. says it is shifting some of its supply chain away from China, which has been hammered with triple-digit tariffs from the United States.
May 1, 2025 5:26 PM
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Canadian Tire bidding on Hudson's Bay assets, sources say
TORONTO — Beleaguered retailer Hudson's Bay has attracted a bid from Canadian Tire, two sources familiar with the sales process say.
May 1, 2025 1:42 PM
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Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February
OTTAWA — Retail sales dropped 0.4 per cent to $69.3 billion in February as sales fell at new car dealers, Statistics Canada said Friday. However, the agency said its early estimate for March suggested an increase of 0.
Apr 25, 2025 7:21 AM
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