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Got a Hudson's Bay gift card? You now have until April 6 to use it. If you have loyalty points, those remain frozen and can't be redeemed for purchases.

submitted 1 day ago • 1 comment

Hudson's Bay has failed to secure financing to restructure the business, and will be forced to liquidate all of its department stores across Canada. The company announced late Friday that unless an alternative emerges, all 80 Bay stores will have to close. www.theglobeandmail.com/business/art...

submitted 1 day ago • 0 comments

Hudson's Bay is fighting for survival and contemplating shuttering stores across the country. How did we get here? I spoke with current and former company insiders, as well as industry observers, to look at the decline of Canada's oldest retailer. www.theglobeandmail.com/business/art... #retail

submitted 2 days ago • 1 comment

Sales of American products are “rapidly dropping” in grocery stores amid the trade war with the U.S. Empire Co. Ltd. CEO Michael Medline said today. “We have heard loud and clear from our customers that they want Canadian products.” www.theglobeandmail.com/canada/artic... #retail #tariffs

submitted 3 days ago • 0 comments

Jason Thompson is one of many suppliers owed money by Hudson's Bay, and worried about what the retailer's restructuring means for them. And as an Indigenous business owner, he feels a particular frustration at the company "passing their troubles on to us." www.theglobeandmail.com/business/art...

submitted 5 days ago • 0 comments

Hudson’s Bay is in a financial crisis. What does that mean for Canadians holding millions of dollars' worth of gift cards and loyalty points? www.theglobeandmail.com/business/art... #retail

submitted 6 days ago • 0 comments

Exclusive: Hudson's Bay is working on a restructuring plan that could keep roughly 40 of its 80 stores open, if the company can secure financial assistance from its landlords, according to sources familiar with the matter. www.theglobeandmail.com/business/art... #retail

submitted 7 days ago • 1 comment

Canada’s oldest retailer, Hudson’s Bay, has been granted protection from its creditors and is evaluating “potential solutions” for the future of the business. www.theglobeandmail.com/business/art...

submitted 9 days ago • 2 comments

Even after Trump paused tariffs on most Canadian imports, businesses are still left dealing with a climate of uncertainty. And Canada’s own retaliatory tariffs have made imports more expensive and complex. We spoke to retailers about what this means for them: www.theglobeandmail.com/business/art...

submitted 9 days ago • 1 comment

Canadian Tire Corp. Ltd. has announced a transformation strategy that will see the retailer invest more than $2-billion over four years and reorganize its operations, after “a tremendous amount of introspection” that identified inefficiencies in the business. www.theglobeandmail.com/business/art...

submitted 10 days ago • 1 comment

A product supplier is suing MEC, seeking more than $1.3-million in unpaid bills that the Vancouver-based retailer has said it lacks the “financial capabilities” to pay, according to a court document. www.theglobeandmail.com/business/art... #retail

submitted 16 days ago • 0 comments

Tariffs "will hurt consumers on both sides of the border," and would lead to inflationary pressures, Loblaw CEO Per Bank says. But he also sees a silver lining: the grocer's private-label brands stand to benefit from "Buy Canadian" movements. www.theglobeandmail.com/business/art... #retail

submitted 23 days ago • 2 comments

"If I message a Ukrainian contact... all I get back is a shrug emoji. Russian friends have been sending me a series of gifs, one of them had American tanks taking part in a military parade with Russian military vehicles." Me WTF podcasting on Trump, Putin and Ukraine for @theglobeandmail.com

submitted 23 days ago • 0 comments

Canadian Tire has agreed to sell its global outdoor and activewear brand Helly Hansen in a nearly $1.3-billion deal, as the company seeks to reinvest in the Canadian retail business at a time of “market uncertainty.” www.theglobeandmail.com/business/art... #retail

submitted 25 days ago • 1 comment

“It’s going to be very disruptive”: Trump’s threat to suspend the “de minimis” exemption for imports to the U.S. is causing significant uncertainty for Canadian online retailers that depend on the rule for cross-border sales. www.theglobeandmail.com/business/art... #retail

submitted 26 days ago • 0 comments

Just as consumer confidence seemed to be showing signs of improvement, the threat of a trade war with the U.S. has "erased" that recovery, Canadian Tire's CEO says. The retailer is now seeking alternatives for products it buys from American suppliers. www.theglobeandmail.com/business/art... #retail

submitted 31 days ago • 2 comments

Tim Hortons is looking to switch to Canadian suppliers to buy items it currently sources from the United States -- including some of its packaging -- as the threat of tariffs forces businesses to rethink their supply chains. www.theglobeandmail.com/business/art...

submitted 32 days ago • 4 comments

The one-month reprieve from threatened U.S. tariffs on Canadian imports has not quelled the "Buy Canadian" movement among shoppers here. I spoke with retailers, and Canadian companies who stock their shelves, about how they are responding. www.theglobeandmail.com/business/art... #retail

submitted 39 days ago • 1 comment

"It will just create a massive negative trickle effect for both countries." U.S. alcohol producers are bracing for sales bans in Canada, among the retaliatory measures contemplated if Trump launches tariffs on Canadian imports. www.theglobeandmail.com/business/art...

submitted 44 days ago • 1 comment

MEC is facing falling revenues and profits, and requires an infusion of capital to normalize its operations, according to a confidential presentation provided to potential bidders for the outdoor retailer, obtained by The Globe and Mail. www.theglobeandmail.com/business/art... #retail

submitted 44 days ago • 1 comment

"I have never seen anything like this." Retailers are seeing mounting financial losses, and their workers are facing more and more violence on the job, as large-scale thefts increase. My story, in this weekend's paper and online now: www.theglobeandmail.com/business/art... #retail

submitted 51 days ago • 0 comments

Hudson's Bay says it has laid off 41 staff as it revamps the retailer's structure. www.thecanadianpressnews.ca/business/hud...

submitted 58 days ago • 0 comments

Loblaw has agreed to sell 42 stores operating under the Wellwise by Shoppers brand, as the company continues to focus on the pharmacy side of its business, including Shoppers Drug Mart. www.theglobeandmail.com/business/art... #retail

submitted 58 days ago • 0 comments

Ontario’s pharmacy regulator is considering a motion to punish pharmacies that strike exclusive deals with insurers restricting how patients receive their medications – the latest example of growing pressure to rein in preferred pharmacy networks, or PPNs www.theglobeandmail.com/business/art...

submitted 58 days ago • 0 comments

Two Canadian retailers that restructured during the pandemic have sought creditor protection once again. Frank and Oak is seeking a "path forward," including a possible sale; and Comark is shutting down Ricki's and cleo, and looking to sell Bootlegger. www.theglobeandmail.com/business/art...

submitted 67 days ago • 0 comments

On The Decibel today, discussing my story on the veterinary drug Librela, and concerns some pet owners have raised about serious alleged side effects. Its manufacturer says the drug was rigorously tested and is safe. Some owners say they weren't given enough information. pod.link/thedecibel/e...

submitted 95 days ago • 0 comments

Dollarama plans to build even more stores in Canada, hiking its long-term growth target to reach 2,200 locations by 2034. The company had 1,601 stores as of Oct 27. www.theglobeandmail.com/business/art... #retail

submitted 102 days ago • 1 comment

annual reminder that black friday is a great day for unsubscribing from all the marketing emails you didn’t realize you were getting

submitted 107 days ago • 9 comments

Who’s paying thousands for Taylor Swift tickets with no view of the stage? We ask her fans: Some obstructed-view tickets appeared to be listed for almost $3,000, sparking renewed outrage against Ticketmaster, StubHub and the poor regulation of ticket sales across Canada

submitted 108 days ago • 7 comments

Business owners across Canada are racing to prepare for the upcoming GST break, all while juggling the demands of their busiest sales season. @hannay.bsky.social and I looked at the logistical challenges they are facing: www.theglobeandmail.com/business/art... #retail

submitted 107 days ago • 0 comments

Mexico-based Grupo Bimbo is suing Maple Leaf Foods and some of its senior officers and directors, including Michael McCain, seeking more than $2-billion in damages related to a continuing investigation into an alleged scheme to fix bread prices in Canada. www.theglobeandmail.com/business/art...

submitted 107 days ago • 0 comments

The holiday season is always a pivotal, make-or-break time for businesses. But this year, while retailers are working even harder to get consumers in the spending spirit, a number of factors have conspired to keep Canadian shoppers at bay. www.theglobeandmail.com/business/art... #retail

submitted 110 days ago • 0 comments

Maple Leaf Foods Inc. is suing Canada Bread Co. Ltd. and its parent, Mexico-based Grupo Bimbo, accusing the companies of defamation related to their claims about Maple Leaf’s role in an alleged industry-wide scheme to fix bread prices from 2001 to 2015. www.theglobeandmail.com/business/art...

submitted 114 days ago • 0 comments

Retailers say they will benefit from a temporary pause in charging GST on some items starting in December, but there are also logistical headaches to come. www.theglobeandmail.com/business/art...

submitted 114 days ago • 0 comments