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Retail & Manufacturing

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.
Hudson's Bay says 8,300 workers to be out of a job by June: court docs

Hudson's Bay says 8,300 workers to be out of a job by June: court docs

TORONTO — More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say.
Hudson's Bay employees sparking interest from Holt Renfrew and other retailers

Hudson's Bay employees sparking interest from Holt Renfrew and other retailers

TORONTO — Big-name department and drug stores are circling the more than 9,300 Hudson's Bay and Saks Fifth Avenue Canada workers who will soon be out of a job.
Hudson's Bay reaches deal to sell up to 28 leases to B.C. mall owner

Hudson's Bay reaches deal to sell up to 28 leases to B.C. mall owner

TORONTO — Hudson's Bay plans to sell up to 28 of its store leases to a B.C. mall owner who wants to launch "a new modern department store.
Statistics Canada reports retail sales up 0.8 per cent in March at $69.8 billion

Statistics Canada reports retail sales up 0.8 per cent in March at $69.8 billion

OTTAWA — Retail sales rose 0.8 per cent to $69.8 billion in March, helped by an increase in new car sales as Canadians looked to get behind a new set of wheels before tariffs started to raise prices.