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In court this morning as Hudson's Bay seeks approval to begin liquidating stores. My feature story from this weekend on how we got here: www.theglobeandmail.com/business/art... #retail

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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.

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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...

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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

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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

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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...

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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

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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

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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...

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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...

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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...

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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

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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

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"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

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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

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“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

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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

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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...

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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

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"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...

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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

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"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

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

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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

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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...

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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...

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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...

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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

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

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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

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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

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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...

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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

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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...

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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...

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