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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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Wall Street Leans Modestly Lower Ahead of Inflation Data

 

Wall Street opened with a slight dip today as investors eagerly await Friday’s inflation update from the government. Here are the key highlights:

  1. Corporate Earnings Digestion:

    • Markets are processing recent corporate earnings reports.
    • FedEx (FDX) surged 14.6% after beating Wall Street’s Q4 sales and profit targets.
    • Chipmaker Nvidia (NVDA) rebounded, recovering from recent losses.

  2. Inflation Update Anticipation:

    • The government’s report on inflation, closely monitored by the Federal Reserve, will influence interest rate decisions.
    • Investors hope for timely rate cuts to prevent a recession or inflation resurgence.

  3. Global Markets:

    • European markets (DAX, FTSE, CAC 40) dipped, while Japan’s Nikkei rose 1.3%.
    • Tokyo Electron and Advantest Corp. gained due to enthusiasm over Nvidia and AI.

  4. Currency Watch:

    • The dollar edged higher against the yen, nearing the 160 yen level.
    • Tokyo officials warn of potential market intervention.

Stay tuned for Friday’s crucial inflation data—the Fed’s next move hangs in the balance.


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