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Eddie Bauer Launches Nationwide Liquidation Sales in Canada

                              An Eddie Bauer store in Vaughan, Ont., on Wednesday, Feb. 4, 2026.   Eddie Bauer has begun liquidation sales across its Canadian stores as the retailer undergoes a major restructuring effort. The move follows financial challenges that have pushed the company to streamline operations while exploring potential buyers. All Canadian locations are expected to remain open during the liquidation period, offering discounts as inventory is cleared. The retailer has indicated that if a suitable buyer emerges, it may shift from winding down operations to pursuing a sale that keeps some stores running. Eddie Bauer, long known for its outdoor apparel and gear, has faced mounting pressures from changing consumer habits and a competitive retail landscape. The coming weeks will determine whether the brand can secure a path forward or complete its exit from the Canadian market....
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Canadian Tire to lay off 1,200 workers amid economic woes


One of Canada's largest retailers, Canadian Tire, announced on Tuesday that it will reduce its staff by 3% as part of a cost-cutting strategy amid a challenging economic environment.

 The company said the layoffs will affect about 1,200 employees across its various divisions, including retail, automotive, and financial services. Canadian Tire said the move is necessary to improve its operational efficiency and competitiveness in the face of rising costs, lower consumer spending, and increased competition from online and discount retailers. 

The company also said it will invest in digital transformation, e-commerce, and innovation to enhance its customer experience and loyalty. Canadian Tire's president and CEO, Greg Hicks, said in a statement that the company is confident in its long-term growth prospects and remains committed to delivering value to its shareholders, customers, and employees.

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