Luxury Retail
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High-end retailers shift from Edmonton’s downtown core to North America’s largest mallA once bustling downtown in Edmonton brought in some high-end brands to the city's core. But after facing several changes over the years, stores have left, making it difficult for surrounding businesses to stick around.ConsumerSep 20, 2020
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It’s official: Canadians have abandoned U.S. outlet mallsDay 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.CanadaDec 18, 2015
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Hudson’s Bay laying off 265 mostly white-collar workersDepartment store retailer says the cuts will affect a variety of jobs but will mainly be from its corporate offices in Toronto and New York.CanadaSep 29, 2015
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Hudson’s Bay posts strong sales as shift into higher end gains steamReal estate deals helped HBC return to profit as retailer spent substantially on strategic initiatives designed to pull it further toward luxe status.CanadaSep 10, 2015
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Here’s how Nordstrom is avoiding a Target-style collapse in CanadaA new report says upscale retailer Nordstrom is proceeding cautiously with Canadian plans as it prepares for its flagship opening in Vancouver next month.CanadaAug 11, 2015
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Hudson’s Bay, Dollarama thrive as Canada’s retail landscape shiftsA look at the shifting fortunes of consumers and how stores have responded. “Retailers that provide middle-priced products seem to be losing ground."CanadaJun 10, 2015
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Holt Renfrew to expand downtown Vancouver locationHolt Renfrew is staking a bigger claim on the streets of downtown Vancouver with plans to expand its existing store just as competition heats up in the luxury goods market.ConsumerApr 24, 2015
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Hudson’s Bay profit soars, revenue upHudson's Bay Co. had a big increase in profit in its latest quarter as it continued to integrate the Saks luxury business into its retail operations.ConsumerApr 7, 2015
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Jean Paul Gaultier says fashion industry ‘doesn’t work’He may be one of the world's most famous designers, but Jean Paul Gaultier seems to be falling out of love with the fashion industry.LifestyleApr 2, 2015
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Pusateri’s to operate in Canadian SaksSaks Fifth Avenue, which caters to wealthier clientele, is partnering with upscale food merchant Pusateri's in soon-to-open Canadian stores.MoneyOct 23, 2014
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