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Retail & Manufacturing

Retailers are in trouble and there's more to come: insolvency, restructuring experts

Retailers are in trouble and there's more to come: insolvency, restructuring experts

The fall of Hudson's Bay and Saks Fifth Avenue Canada may give the impression that one of the hottest trends this year is the distressed look, but retail and insolvency experts say the company's demise is part of a now-annual pitter-patter they expec
Supply chain woes put squeeze on B.C. cannabis producers

Supply chain woes put squeeze on B.C. cannabis producers

Trade disputes are affecting equipment and packaging prices
Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

OTTAWA — Statistics Canada said Friday that manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. StatCan said manufacturing sales stood at $69.
B.C. businesses buying less alcohol to meet consumers' demand

B.C. businesses buying less alcohol to meet consumers' demand

'Buy Canadian' campaigns having mixed results, as B.C. wine sales fall by more than the wine category as a whole
Apparel brand Oak + Fort to restructure amid tariff woes

Apparel brand Oak + Fort to restructure amid tariff woes

VANCOUVER — Canadian apparel brand Oak + Fort says it has obtained creditor protection as it works to restructure the business. The Vancouver-based company says the move is necessary because U.S.
Lululemon shares plunge 23 per cent after hours on weak guidance

Lululemon shares plunge 23 per cent after hours on weak guidance

Vancouver-based apparel retailer had a good first quarter, ended May 4, but weak guidance and same-store sales growth likely dampened investor enthusiasm
Fairmont Hotel Vancouver's owner sues Christian Dior in lease dispute

Fairmont Hotel Vancouver's owner sues Christian Dior in lease dispute

The landlord at the historic Fairmont Hotel Vancouver is suing French luxury retailer Christian Dior for allegedly reneging on an agreement to extend its lease
Redesigning the Bay's old stores come with challenges and opportunities

Redesigning the Bay's old stores come with challenges and opportunities

TORONTO — When Hudson's Bay began liquidating all of its stores and hunting for a potential new owner, Ruby Liu was determined not to let Canada's oldest company disappear. The B.C.
Hudson's Bay heads into last days of sale with lots of shoppers, little merchandise

Hudson's Bay heads into last days of sale with lots of shoppers, little merchandise

Hudson’s Bay headed into its last weekend of liquidation sales with its Toronto flagship teeming with shoppers looking for one last treasure from the department store.
Boeing invests millions in B.C., Quebec projects to manufacture sustainable jet fuel

Boeing invests millions in B.C., Quebec projects to manufacture sustainable jet fuel

The nearly $17.5-million investment will spur the annual manufacture of close to 200 million litres of sustainable jet fuel, says Boeing Canada.