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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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IKEA lowers prices in several countries to attract more customers

 

The price cuts, which will take effect from February 1, are part of IKEA’s strategy to boost sales volumes and market share in the wake of the pandemic, which disrupted global supply chains and increased shipping costs. IKEA said it aims to bring prices back to pre-pandemic levels by the end of next year.

Some of the products that will see lower prices are KALLAX storage cubes, BILLY bookcases, and MALM bed frames. IKEA is already selling more of these products in some countries, according to Tolga Oncu, Ingka Retail Manager at Ingka Group, the biggest owner of IKEA stores.

“When you lower the price you also need to see a volume increase,” Oncu said. “Every country is sitting and looking at where are the opportunities for us to, by lowering the prices, sell more pieces.”

IKEA is not the only retailer that is adjusting its prices in response to changing market conditions. Other companies, such as Walmart and Target, have also lowered or raised prices on certain items to cope with inflation and supply chain issues.

IKEA, which operates in 52 markets, said it has invested more than 1 billion euros ($1.08 billion) in price reductions across its markets from September to November. The company also said it is not expecting any major impact from the recent disruptions in the Red Sea, which have affected global freight movements.

IKEA is owned by a separate company, Inter IKEA, which manufactures all IKEA products. Ingka Group is the main global franchisee of IKEA. 

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