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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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Rethinking Retirement: Are You Financially Prepared to Retire at 62?

 


Retirement is a significant milestone that many look forward to, but are you financially prepared to take this step at 62? Here are four financial signs that may indicate you need to reassess your retirement plans:

  • Debt Burden: Carrying high-interest debt, especially from credit cards, can hinder your retirement plans. It’s crucial to pay off such debts to avoid them chipping away at your retirement income.

  • Insufficient Savings: If your projected monthly retirement income falls short of your expenses and desired lifestyle, it’s a sign to either save more or delay retirement.

  • Rising Retirement Age: The trend shows an increase in the average retirement age, from 57 in 1991 to 61 in 2022. This suggests that retiring at 62 may not be as common as it once was.

  • Lack of Planning: Not having a clear retirement plan with calculated projections can lead to surprises down the line. Utilize online calculators to estimate your retirement income and adjust your savings strategy accordingly.

In conclusion, if these signs resonate with you, consider revising your retirement strategy to ensure a comfortable and secure future.

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