Department Stores

• Hudson’s Bay to close 2 Alberta department stores this summer

  Hudson's Bay is shuttering two department stores in Alberta, saying the decision reflects market changes and the company's vision for the future.

  Economy

  Feb 6, 2023
  
• Angela Kokott: Are department stores dead?

  You only have to look back at what has been happening in the past 10 years to know the department store model has been in trouble.

  Jun 13, 2017
  
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• Future of Sears Canada in ‘significant doubt,’ company says

  Sears Canada says it has been unable to arrange as much financing as it hoped and there's "significant doubt" of the company's ability to continue as a going concern.

  Consumer

  Jun 13, 2017
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• Gift registry? Wedding bands? Here are the ‘traditions’ the wedding industry helped invent

  Canada, it turns out, was a pioneer in the creation of North America's 'big white wedding'

  Canada

  May 24, 2017
• Calgary Walmart store under fire for treatment of customers by store security

  A University of Calgary student says he intends to file an official complaint with Walmart after an encounter with a security guard at the Walmart in Sage Hill.

  Consumer

  Feb 24, 2017
• While Sears Canada’s future looks grim, Sears’ American stores are on the brink: analysts

  Although Sears Canada might not be affected by the American chain's woes, that doesn't mean it's doing well, say analysts.

  Consumer

  Dec 6, 2016
• Sears Canada plans to slash more costs as sales tumble

  Department store says it's planning to cut its overhead costs by a further $100 million to $127 million this year, on top of about $125 million in expense reductions it made last year.

  Money

  Mar 18, 2016
• It’s official: Canadians have abandoned U.S. outlet malls

  Day trips over the border are down nearly 40 per cent since loonie was at parity. 'Even our own people with discounts don't shop in the U.S. anymore,' retail exec says.

  Canada

  Dec 18, 2015
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• Sears Canada is winning shoppers back — but still losing money

  Sales on major appliances, furniture and mattresses helped stem declines in traffic to its stores, retailer says, but it wasn't enough to prevent another loss.

  Canada

  Dec 3, 2015
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• Sears Canada sells off distribution centres

  Sears Canada says it's selling a distribution centre in Vaughan, Ont., north of Toronto for $100 million but will remain a tenant once the transaction closes next year.

  Canada

  Nov 13, 2015