Susan Krashinsky Robertson

The company announced late on Friday that it has been able to secure only limited financing ‘that will require the full liquidation of the entire business’

Declining department store traffic, a failed e-commerce strategy, stores in disrepair and mounting debts are all factors in the decline of Canada’s oldest retailer

For now, gift cards remain active, and customers can shop with them

Starting next week, a ‘T’ inside a black triangle will be tacked on to the shelf prices to denote products affected by tariffs

The country’s oldest retailer hopes it can survive with a smaller store footprint, if it can secure co-operation from landlords, sources say

Garment company seeks more than $1.3-million that retailer has said it lacks the ‘financial capabilities’ to pay, according to a court document

Canadian politicians say pulling American-made alcoholic beverages from store shelves will be one way to retaliate should U.S. follow through on tariff plan

Founded as a co-op in 1971 by a group of rock climbers in British Columbia, MEC was bought by California-based Kingswood Capital Management LP for $150-million in late 2020

Company saw both e-commerce and in-store sales increase in the three months ended Dec. 1, 2024

Major insurers say the deals are essential to controlling costs, but critics say they may be driving up costs and unfairly steering patients to health care providers that are not convenient for them