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Retail & Manufacturing

Tariffs throw wrench into B.C. electric motorcycle maker's U.S. ambitions

Tariffs throw wrench into B.C. electric motorcycle maker's U.S. ambitions

Trade tensions are pushing Damon Inc. to rethink manufacturing plans and pricing strategy as uncertainty clouds future in key market
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Hudson's Bay to liquidate remaining stores as hope of finding a buyer fades

Hudson's Bay to liquidate remaining stores as hope of finding a buyer fades

TORONTO — Hudson's Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation, effectively ending the retail empire's reign and significantly dimming the possibility that the business dating back to 1670
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Hudson's Bay sees interest in 65 of its leases: court documents

Hudson's Bay sees interest in 65 of its leases: court documents

TORONTO — A process to find takers for leases held by Hudson's Bay has generated plenty of interest.
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Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs

Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs

NEW YORK (AP) — U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big ticket items, particularly cars, before President Donald Trump’s expansive new tariffs started kicking in.
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Competition Bureau opens review of deal involving MEC and TGI Holding

Competition Bureau opens review of deal involving MEC and TGI Holding

OTTAWA — Canada's competition regulator has opened a review of a deal involving retailer Mountain Equipment Co. Ltd. and TGI Holding Inc. It was not immediately clear who owns TGI Holding or what a deal would mean for MEC.
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Statistics Canada says manufacturing sales rose 0.2 per cent to $72.9B in February

Statistics Canada says manufacturing sales rose 0.2 per cent to $72.9B in February

OTTAWA — Statistics Canada says total manufacturing sales rose to their highest level since September 2023 as they climbed 0.2 per cent to $72.9 billion in February.
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CMHC reports annual pace of housing starts slowed in March

CMHC reports annual pace of housing starts slowed in March

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March slowed compared with February.
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B.C. judge uses Simpsons Duff Beer episode to explain failed lawsuit

B.C. judge uses Simpsons Duff Beer episode to explain failed lawsuit

B.C. judge muses 'life imitates art' before describing a failed class action lawsuit as a repeat of deceptive marketing practices carried out by the Duff Beer company in a 'notorious' Simpsons episode
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Hudson's Bay sale now using protocol designed to handle insider bid: document

Hudson's Bay sale now using protocol designed to handle insider bid: document

TORONTO — A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.
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Owner of three shopping malls in B.C. says she wants to buy Hudson's Bay

Owner of three shopping malls in B.C. says she wants to buy Hudson's Bay

A Chinese billionaire in British Columbia has taken to social media to announce her plans to buy dozens of Hudson's Bay locations after she saw "Canadians feeling sad" over the collapse of the retail giant.
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