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Champlain Apparel Expands with Harry Rosen Partnership

Photo: Champlain

In just two years, Vancouver-based menswear brand Champlain has emerged as one of the most promising new names in Canadian fashion. From its origins as a showroom concept founded by Jonathan Richard to its debut at national retailer Harry Rosen, Champlain is carving out a niche that blends the casual elegance of the West Coast with timeless metropolitan tailoring.

“Jonathan and I go way back,” said CEO Cameron Conn in a recent interview. “He came from the suiting world and I came from tech, but we both understood that there was a gap in the menswear market for men who didn’t want to live in hoodies, but also didn’t want to wear suits every day.”

Cameron Conn

What began as a direct-to-consumer launch in September 2023 has already expanded into more than 50 retail doors across Canada, with further growth planned for the upcoming fall season.

Filling a Market Gap Between Athleisure and Traditional Tailoring

Champlain’s design philosophy is rooted in versatility and nostalgia. With price points generally under $200—outside of outerwear—the brand aims to provide high-quality, stylish clothing that transitions seamlessly from the office to the weekend.

“There’s so much athleisure and luxury at either end of the spectrum, but not much in the middle,” Conn explained. “We wanted to make clothing that felt classic but still modern—things people already understood, like polos and sweaters, but done in a way that feels relevant and stylish today.”

This mid-market positioning has found resonance not only with consumers but also with major retailers.

Harry Rosen and the Power of a Flagship Partnership

For any menswear brand in Canada, landing on the sales floor at Harry Rosen is no small feat—especially within its first year of operations. Champlain did just that, securing placements in multiple Harry Rosen locations for its Spring 2024 collection.

“To be honest, I didn’t even realize how big of a deal it was,” Conn said. “I had no benchmark. But once we were in, I understood the gravity of it. Getting that kind of distribution validated that we were offering something retailers and customers really want.”

To celebrate, Harry Rosen hosted a public-facing launch event featuring food, beverages, and an Axon Formula 1 race simulator. “It was a great activation,” Conn added. “We wanted people to come in, have some fun, and engage with the brand. Kids would jump in the simulator while their parents shopped. It brought energy to the space.”

Photo: Champlain

Retail Growth: From Independents to Major Chains

In addition to Harry Rosen, Champlain is stocked in Sporting Life stores across Canada and a variety of premium independents, including Plenty and Global Atomic. The brand is also beginning to establish a U.S. presence, though Conn is taking a measured approach given the evolving trade environment.

“We’re in five stores in the States, but we’re not committed to anything major yet. The great thing is we’re still small enough that we’re nimble. We’re not overleveraged,” he said.

Conn estimates that by fall, Champlain will be in about 80 doors total, including deeper commitments from current partners.

West Coast Casual Meets Montreal Sophistication

Though based in Vancouver, Champlain’s design influences stretch across the country. Richard, who hails from Montreal and has a background in suiting, brings a tailored sensibility to the collection. Conn noted that their customer is often someone seeking a middle ground—polished, but not overly formal.

“Jonathan was selling suits to guys who didn’t need to wear suits anymore. They were asking, ‘What now?’” Conn said. “We wanted to bring back the essence of those classic items—like the polo shirt—not just as casualwear, but as elevated pieces.”

The result is a brand that plays with heritage silhouettes—rugby shirts, varsity jackets, chunky knits—and recasts them in refined, wearable ways.

Photo: Champlain

Behind the Brand: Manufacturing and Sourcing

When Conn joined Champlain, one of his first priorities was to visit the factories. The brand manufactures primarily in China, with some product out of Turkey and Portugal. “For an emerging brand, China gave us the best quality-to-cost ratio,” he said. “But I wanted to see it for myself. It’s a family-run operation, and we’ve built a strong relationship.”

That relationship could evolve depending on trade policy. With rising uncertainty around tariffs—particularly from the U.S.—Champlain is exploring alternatives. “We’re in talks with larger distribution companies that have access to multiple global factories,” said Conn. “Flexibility is going to be key.”

He added that Champlain has so far absorbed additional tariffs and duties, rather than passing them on to American consumers. “It costs less to eat the fee than to deal with a returned item and reprocessing. And it leaves the customer with a better experience.”

Balancing Style with Business Fundamentals

As a former tech entrepreneur, Conn brings an operational discipline to Champlain’s rapid growth. Reducing liabilities and managing currency risk have been top priorities—particularly as the Canadian dollar has fluctuated.

“The exchange rate hit us hard on a payment cycle,” he said. “Now we’re holding U.S. dollars from U.S. customers so we can hedge better against swings in the dollar when paying Chinese suppliers.”

That pragmatism extends to product strategy as well. Champlain plans to expand into shorts, chinos, and cargos in 2026, but will avoid overextending its SKU count. A women’s line is also being considered, though Conn is cautious.

“We’ve just figured out the men’s body. Women’s is a whole different ballgame,” he said. “We’ll design it and keep it in our back pocket until we’re confident in the execution.”

Photo: Champlain

Vision for the Future: Wholesale First, DTC Second

While many new brands start online and dream of flagships, Champlain is intentionally focused on being a strong wholesale partner. The brand was built around a 70-point IMU, which Conn said was critical to appealing to retailers.

“That margin was strategic. It helped us get in the door,” he said. “We want to be good partners. That means providing high-quality product, good service, and solid margins.”

That said, Champlain isn’t ruling out physical retail. “We’ll be opportunistic,” Conn noted. “If the right location opens up at the right time, we’ll consider it. But for now, our growth is through retail partners.”

Charting Global Expansion Amid Uncertainty

Looking ahead, Champlain is carefully weighing international expansion, particularly in the face of shifting trade policies in the U.S.

“Tariffs, de minimis changes, compliance—it’s a lot,” said Conn. “But we’re monitoring what larger players like Temu and Shein are doing. They have the scale and resources to make informed decisions, so we can learn a lot from their moves.”

Conn remains optimistic that trade tensions will stabilize. “I don’t think this will last forever. There will be a recalibration,” he said. “And we’re positioning ourselves to be standing strong when that happens.”

Photo: Champlain

A Young Brand with an Old Soul

Champlain is young, but its roots are deep. Each garment is inspired by pieces that “have always been cool,” from 1960s golf wear to 1980s heritage British outerwear. That sense of continuity, paired with modern execution, is part of what makes the brand stand out.

“We’re not trying to reinvent the wheel,” Conn said. “We’re reviving timeless pieces and making them relevant for today.”

With strong retail support, a growing national footprint, and a thoughtful strategy, Champlain is quickly becoming a Canadian brand to watch—one that reflects where menswear is going and where it’s already been.

“We just want to be the brand that helps guys get dressed and feel good,” said Conn. “That’s it. No ego, no gimmicks—just good clothes that make sense.”

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Maxi expands outside Quebec with 1st New Brunswick store set for Caraquet

Credit- Le Soleil
Credit- Le Soleil

Maxi, Loblaw’s popular discount grocery banner in Québec, is expanding beyond its home province for the first time, with a new store set to open in Caraquet, New Brunswick this fall.

The move signals Loblaw’s continued commitment to offering affordable grocery options to more Canadians, while capitalizing on the strength of the Maxi brand, said the company.

The new store will be located at Place Saint-Pierre and will span 15,000 square feet. Construction is scheduled to begin in June, with the store expected to open later this year. The expansion will also bring a boost to the local economy, creating more than 30 jobs in the community.

Melanie Singh
Melanie Singh

“At Loblaw, we’re always looking for ways to bring value to more communities across Canada, and we believe Maxi offers a wonderful opportunity to do just that in Caraquet,” said Melanie Singh, President, Hard Discount Division, Loblaw. “The strong community values, Francophone heritage, and thriving region resonate deeply with the DNA of the Maxi banner, and we look forward to being part of this community.”

The move highlights Loblaw’s confidence in Maxi’s proven business model, which has made the banner a leader in Québec’s discount grocery space. The model focuses on delivering strong value to consumers without sacrificing quality or freshness, explained the company.

Patrick Blanchette
Patrick Blanchette

Patrick Blanchette, Vice President of Maxi, emphasized what shoppers in Caraquet can expect: “We are coming to Caraquet with our newest concept, which is a simplified and user-friendly shopping experience in a modern and welcoming environment. Maxi is the smart choice for consumers because they will find the freshness, quality, and variety of products they are looking for, all at low prices.”

The announcement has been warmly received by the local community. “The Town of Caraquet is pleased to welcome the first Maxi store outside of Quebec to its territory. This demonstrates the dynamism of our town and the growth of its business community,” said Bernard Thériault, Mayor of the town.

Maxi’s success is driven by its Imbattable price match policy, the PC Optimum™ rewards program, a strong focus on local products, and a constantly evolving product offering. Strategic investments like the Caraquet expansion reflect the brand’s ongoing mission to meet the needs of local customers while maintaining its core values, said Loblaw.

With over 185 stores across Québec, Maxi has been a fixture in the province for nearly 40 years. As part of the Loblaw group—Canada’s largest food and pharmacy retailer—Maxi continues to grow its footprint by offering Canadians more ways to save without compromise.

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Clutch expands physical retail presence across Canada as online car sales accelerate

Source: Clutch
Source: Clutch

Toronto-based online car retailer Clutch is accelerating its expansion across Canada, combining its innovative digital platform with physical retail locations to make car buying as seamless as ordering a pizza.

Canada’s largest online car marketplace recently opened a brick-and-mortar retail space and flagship facility in Mississauga, creating a physical touchpoint that brings its transparent, digital-first experience offline. 

At 111,000 square feet, the facility is the largest vehicle inspection and reconditioning centre in Canada, bringing 400+ new jobs to Ontario. It will power end-to-end operations, ensuring every vehicle meets Clutch’s standards on quality, consistency, and transparency.

Source: Clutch
Source: Clutch

Designed to be both practical and welcoming, the new space is outfitted with Canadian-sourced furniture, customer wood details, and even a kid-friendly area for all customers, whether they’re there to pick up, drop off or just learn more about how Clutch works.

Founded in 2017, the company initially launched in Halifax due to what CEO Dan Park described as “ambiguous regulations on online car retail” in Ontario. After working closely with regulators, Clutch launched operations in Ontario in 2020.

Dan Park
Dan Park

“We’re a Canadian company, founded by Canadians, serving Canadians,” said Park. “So I think that’s an important fact.”

Clutch allows consumers to sell their vehicles directly to the company and buy fully inspected and reconditioned cars online. The platform currently purchases about $2 million worth of vehicles daily.

“We have a very rigorous inspection and reconditioning process,” said Park. “We have several facilities in the country. Our largest is in Mississauga. It’s a 20-acre facility with 100,000 square feet of warehouse space where we bring in the cars. We have Clutch inspectors, Clutch mechanics that certify and recondition those vehicles, and then we put them on a website.”

That site offers what Park calls “an Amazon-like experience where people can really buy a car almost as easy as buying a pizza.”

Clutch’s model also includes a self-built logistics network for vehicle delivery, using branded flatbed trucks to deliver and pick up cars directly from consumers’ homes. But in a move to support education and in-person interaction, the company is expanding its physical retail presence.

“We have a retail concept where people can pick up or drop off cars physically as well,” said Park. “Our main location is in Mississauga. We have one in Etobicoke, and we’re opening one in Markham, in the CF Markville Mall, next month.”

“These are locations where customers can either pick up or drop off vehicles and also receive any information about the company, about our process. Because, truth be told, buying a car online is not exactly familiar to everyone.”

Park said the physical retail locations help bridge that familiarity gap and reflect Clutch’s broader mission to revolutionize how Canadians buy used vehicles.

“It seemed crazy that, in more recent history, there’s no retail brand for used cars in Canada,” he said. “If you think about the U.S., there’s folks like CarMax, there’s large auto groups, there’s Carvana. There was a company called Vroom at the time. There was a bunch of different retail concepts. In Canada, your two options were to go to your local dealership or to meet some stranger in a Walmart or mall parking lot.”

Source: Clutch
Source: Clutch

Clutch now operates locations in Halifax, Vancouver, and across the Greater Toronto Area, with plans to expand further nationwide.

“We’re looking to expand a network across the country,” said Park.

Currently, Clutch is selling 1,200 to 1,300 vehicles per month.

“That gives consumers a very seamless and easy and transparent way to buy a car,” said Park. “The traditional car buying process can take hours and hours. You generally have to spend an entire Saturday or Sunday in a dealership, negotiating with some guy and trying to haggle on the price. Our model is entirely different. Everything is super transparent on our website. The price is the price.”

Financing options are built in, and customers can choose to pay upfront or in monthly installments.

“Behind all of this is a layer of technology, and at its core we are a technology company, building out a retail concept,” said Park.

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Source: Clutch
Source: Clutch
Source: Clutch
Source: Clutch

Stable retail vacancy, lack of new development define Calgary’s retail market: Cushman & Wakefield

The CORE
The CORE

Calgary’s retail vacancy has remained “relatively stable for a long time,” but a growing lack of new development is creating a tighter market in key areas, says Ryan Rutherford, Vice President of Retail Leasing with Cushman & Wakefield

“You know, since I’ve been in the business 15 years, I don’t think vacancy has been above maybe 6%,” said Rutherford. “The only caveat is, during COVID, we thought it shot up to over 10—we weren’t really sure at that time.”

Ryan Rutherford
Ryan Rutherford

According to Rutherford, stability in vacancy rates is directly tied to a scarcity of new construction. “The reason it continues to be stable—and maybe is going down—is the lack of construction, lack of development, lack of new sites. So existing space is becoming more sought after than it ever has been.”

In a recent retail report, Cushman & Wakefield released Five Fast Facts about the Calgary retail market:

  1. Overall vacancy remains stable

Calgary’s overall retail vacancy rate sat at 4.2% as we moved into 2025. The primary source of vacant space in the city continued to be the Central Business District – the Beltline and the Downtown – with 13.5% vacancy. All is not how it seems, however. More on that in Fact #3.

The suburbs, for their part, all posted vacancy rates below 4% with the Suburban North markets clocking-in at 2.7% and those in the Suburban South posting 3.6% overall vacancy. 

  1. Reinvigorated urban activity

Leasing activity began shifting from the suburbs back toward the Central Business District. Tenants began collectively responding to the one-two-three combo of: 1) slowing new construction 2) increased competition for existing spaces and 3) the resulting higher asking rates/operating costs (which include property taxes) in the outer periphery.

In some instances, Calgary’s rates have exceeded Toronto and come second only to Vancouver. 

  1. The basics move the needle 

New mixed-use development and commercial office redevelopment activity remained strong in the Downtown and Beltline. As such, grocery options to feed the growing urban population have become increasingly important.

In March, a 13,000 square foot No Frills opened in the Downtown West End*. Part of a new urban concept, it’s the first urban store in Calgary and the only grocery option north of 9th Avenue. It will serve the ~500-unit development and the surrounding community. 

  1. Buying Canadian, eh?

In the face of U.S. tariffs being applied to Canadian products, a surge in nationalism – prompted a strong ‘buy Canadian’ ethos among consumers.

In many instances, American products such as beer, wine and spirits have been made unavailable for purchase, but at the grocery level, retailers such as Loblaws and Save on Foods have made substantial efforts to identify and promote Canadian producers and Canadian-made products. 

  1. What’s on the horizon?

Calgary witnessed a continuing move toward retail density à la mixed-use development. Notable new examples include the West Village Towers (Cidex Group) in the Downtown and the West District – a master planned community by Truman.

As a result of the City of Calgary’s emphasis on commercial and residential densification, new and pending retail inventory is now almost exclusively an integrated aspect of residential communities and mixed-use developments. 

Rutherford highlighted that certain parts of the city are especially tight: “Southwest, northwest—especially grocery-anchored or big regional shopping centres. There’s still northeast and, of course, downtown and some other pockets that bring it up to that four or five, but really stable overall.”

Downtown Core Shows Renewed Promise

Despite having the highest vacancy among Calgary’s retail submarkets, downtown is showing promising signs of recovery, driven by a combination of office-to-residential conversions and a resurgence of foot traffic.

“There’s more people back to work, more bodies and presence downtown during the day,” said Rutherford. “Also the office residential conversions, I think, are starting to maybe have a bit of an impact and also new development. There’s just more towers being finished now, like West Village Towers.”

He added: “It’s still the highest vacancy we have as far as a submarket in the city, the downtown, but it’s definitely going down.”

When asked if these conversions and new towers will drive more retail to the core, Rutherford was cautiously optimistic.

“I think it will. I think it’ll be a slow decrease in vacancy and slow increase in demand, but I think it’s turning that direction,” he said. “Just more bodies, more people down here, evenings and weekends, will translate to sales, which will support retail.”

Photo by Mario Toneguzzi
Photo by Mario Toneguzzi

Local Retailers Feel Temporary Lift from Buy Canadian Sentiment

Rutherford also weighed in on the current “buy Canadian” sentiment and its impact on emerging and independent retail.

“I think it will [have an impact]. I think some have already noticed it,” he said, referencing a recent article highlighting Canadian EMERGE brand truLOCAL. “Local brands are benefiting from it.”

However, he cautioned against expecting long-term shifts in consumer behaviour.

“I don’t think that it’s sustainable though. I don’t see it continuing on past probably this year. I mean, I think once this election is over, people will probably go back to their typical habits.”

“At the end of the day, people want the things that they want. I think it makes them feel good to do it, but it’s just not a long-term thing, in my opinion.”

Landlords Seeking More, Development Lagging Behind

With new development stalling, landlords are starting to push rents higher, creating new challenges for tenants.

“There isn’t anything being built,” Rutherford said. “The existing centres—the good ones with grocery anchors or the regional shopping centres—are more sought after.”

He added that landlords, particularly large ones, are now seeking annual rent increases, a shift from previous trends.

“We’re seeing landlords asking for annual increases now—rents. They’re asking for, like, two and a half percent a year, in some cases, which is a new trend.”

That pressure is landing squarely on retailers, some of whom are struggling to keep up. “Some tenants just can’t,” Rutherford noted. “We’re kind of at this interesting point here where we need some new development to kind of soften that and bring that down. But right now, landlords are looking at ways to cut costs and looking to get it from the tenants.”

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Toronto’s Adelaide Club launches “Train Canadian” campaign amid growing buy-local movement

Source: Adelaide Club
Source: Adelaide Club

As trade tensions rise and the “buy Canadian” movement gains momentum, a Toronto-based wellness club is taking the patriotic message into the fitness space.

The Adelaide Club, located in the heart of Toronto’s Financial District, has launched its bold new “Train Canadian” campaign—encouraging Canadians to make a local choice not just at the checkout, but in their workout routines as well.

“Canadians are waking up to the idea that our choices—where we shop, what we eat, and yes, even where we sweat—matter,” said Clive Caldwell, CEO of the Adelaide Club. “If we can do without American liquor and take it off the shelves, surely we can do without American gyms. Especially since there are so many great Canadian alternatives.”

Source: Adelaide Club
Source: Adelaide Club

The campaign, which officially launched April 15, is running on social media and out-of-home advertising under the banner “Elbows Up,” calling on Canadians to flex both their muscles and their patriotism. The message is clear: choose Canadian fitness over U.S. chains.

At a time when consumers are increasingly questioning their purchasing decisions, the Adelaide Club is tapping into a growing desire to support local businesses—especially ones with strong community roots and a uniquely Canadian approach to wellness.

“Many of our new members are telling us they’re rethinking all their choices—including where they work out. They want to support local, even when it comes to their health,” said Garth Sinclair, Membership Director at the Adelaide Club.

Source: Adelaide Club
Source: Adelaide Club

The “Train Canadian” initiative is a direct response to the influx of American fitness chains in Canadian cities. But Caldwell believes that Canadian-owned clubs offer something different—and deeply meaningful.

“While American chains . . . have made their mark in cities like Toronto, we believe local clubs such as the Adelaide Club offer a more personalized and community-centric experience,” said Caldwell. “Our campaign calls Canadians to recognize the value in supporting homegrown businesses deeply rooted in our culture and community.”

The Adelaide Club positions itself as more than just a gym—it’s a wellness and social sanctuary, offering luxury amenities, elite personal training, and wellness programs sourced locally. Proudly Canadian and fiercely independent, the club continues to evolve while staying true to its roots.

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Source: Adelaide Club
Source: Adelaide Club
Source: Adelaide Club
Source: Adelaide Club
Source: Adelaide Club
Source: Adelaide Club

Queen Street Hudson’s Bay Sees Crowds as Liquidation Begins

Bay Street entrance to Hudson's Bay Queen Street on Saturday, April 26, 2025. Photo: Craig Patterson

It was a scene both surreal and poignant this past weekend as thousands of shoppers flooded into Hudson’s Bay’s Queen Street flagship in downtown Toronto, lured by deep discounts amid the historic retailer’s liquidation sale. Starting Friday morning, April 25, clearance signs filled the massive store, spanning an entire city block, with eager bargain-hunters moving from floor to floor.

The heavy foot traffic reflected not just a rush for deals, but also a collective farewell to a brand that has been a part of Canada’s retail landscape for over 350 years. By Saturday afternoon, shelves that had been full just 48 hours prior were visibly bare, with shoppers combing through remaining stock on every level.

Retail Insider visited the store Thursday evening before liquidation officially began. At that time, the store’s stock appeared substantial. However, by Saturday, much of it had been sold, with areas of empty shelving and chaotic racks leaving a stark contrast to the grandeur once associated with the Queen Street location.

Bay Street entrance to Hudson’s Bay Queen Street on Saturday, April 26, 2025. Photo: Craig Patterson
Jewellery department on the ground floor of Hudson’s Bay Queen Street on Saturday, April 26, 2025. Photo: Craig Patterson

Shock and Nostalgia Among Shoppers

The emotional weight of the moment was not lost on customers. Retail Insider spoke with several shoppers who expressed shock and sadness at the store’s closure.

“I’m in a state of shock. I’ve been coming here for decades,” said one woman, who recalled shopping at the store when it was operated by Simpsons prior to Hudson’s Bay’s takeover in 1991. “It’s not just a store. It’s part of the city’s memory.”

Another customer admitted he hadn’t set foot inside a Hudson’s Bay store in years, but came specifically for the liquidation sales. “I’m here to find home goods, kid’s clothes — anything really,” he said. “It’s hard to believe this place is closing.”

Large, bold clearance signage covered the interiors of both Hudson’s Bay and the attached Saks Fifth Avenue store, which is also undergoing liquidation. The sight of “Store Closing” banners and empty racks in the once-mighty Queen Street flagship marked a stark, almost unthinkable shift for the historic retailer.

Busy ground floor of Hudson’s Bay Queen Street on Saturday, April 26, 2025. Photo: Craig Patterson
‘The Room’ luxury women’s fashion department on the 3rd floor of Hudson’s Bay Queen Street on Saturday, April 26, 2025. Photo: Craig Patterson

Staff Share Sadness and Frustration

Sales associates and department managers, many of whom had dedicated years of service to the company, expressed deep disappointment over the closure. Several employees who spoke with Retail Insider criticized Hudson’s Bay’s ownership under Richard Baker.

“It didn’t have to be this way,” said one department manager, speaking on the condition of anonymity. “There was no reinvestment in the stores, no strategy to turn things around. Meanwhile, Baker was making money off real estate sales. We were left to watch the stores crumble.”

Staff reflected on how Hudson’s Bay, once a retail powerhouse, gradually faded due to decisions perceived as prioritizing short-term gains over long-term stability.

Also liquidating: Saks Fifth Avenue in the Hudson’s Bay building in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson
Saks Fifth Avenue in the Hudson’s Bay building in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson

The End for Hudson’s Bay?

The liquidation sales at Queen Street and five other major locations — including downtown Montreal’s Hudson’s Bay, Toronto’s Yorkdale Shopping Centre, Hillcrest Mall in Richmond Hill, and suburban Montreal stores at CF Carrefour Laval and CF Fairview Pointe-Claire — signal a grim reality: the end could be near for Hudson’s Bay as a traditional retailer.

On Wednesday, April 23, Hudson’s Bay announced that the six stores initially excluded from the wider liquidation strategy were now included. This decision came after it became clear that the likelihood of finding a viable buyer to take over Hudson’s Bay operations was slim.

Financial advisor Adam Zalev of Reflect Advisors acknowledged the difficult reality, noting in court filings last week that the continuation of operations at the six locations was “negatively impacting efforts to repay lenders.” He further stated that keeping the stores open without a buyer would only delay the inevitable.

The company, which filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) on March 7, is burdened with $1.1 billion in debt and years of declining performance.

Women’s on 2 at Hudson’s Bay Queen Street in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson

Liquidation Sales Generate Crowds, But Time Is Running Out

Since launching national clearance events in late March, Hudson’s Bay has generated over $235 million in sales across its 74 department stores, two Saks Fifth Avenue locations, and 13 Saks Off Fifth stores. While initial sales were brisk, momentum had slowed until the latest announcement reignited consumer interest.

Friday morning saw a new surge, driven by Hudson’s Bay’s mass email to its customer database with the stark subject line: “You may have heard, we’re closing our doors.” The email also noted the company’s 355-year history — a message that some recipients found jarring and insensitive, given the gravity of the situation.

Still, the weekend turnout at Queen Street suggests that the brand’s deep emotional connection with Canadians remains intact, even as it teeters on the edge of collapse.

Inside the Balmain women’s boutique at Saks Fifth Avenue in the Hudson’s Bay Queen Street building in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson

Real Estate Interest Surpasses Interest in the Brand

Despite hopes that a saviour might emerge, signs point instead to a breakup of Hudson’s Bay’s vast real estate footprint.

While 18 letters of intent were submitted by parties interested in the retailer’s store leases, none expressed an interest in continuing operations under the Hudson’s Bay banner. Industry experts speculate that landlords and institutional investors, including RioCan, are eyeing key properties for redevelopment or subdivision into smaller retail spaces.

Turning the business around would require significant investment. A confidential pitch memo circulated earlier this month to prospective buyers indicated an $82 million first-year investment would be needed, with profitability unlikely for at least two years. It’s unclear if a buyer willing to undertake that level of risk has come forward.

Liquidation signs in the windows of Saks Fifth Avenue in the Hudson’s Bay Queen Street building in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson

Loss of a Landmark: Queen Street’s Decline

The Queen Street Hudson’s Bay store, long considered the crown jewel of the chain, has not been immune to the broader challenges facing department stores. Once a powerhouse generating $220 million annually, its fortunes declined sharply in recent years.

Factors contributing to the downturn included a lack of capital investment, changing consumer shopping habits, and external disruptions like construction of the Ontario Line subway project immediately adjacent to the store.

The deterioration was starkly visible this weekend, as empty shelves and discount banners replaced elegant merchandise displays and bustling departments once associated with the flagship.

Women’s designer salon at Saks Fifth Avenue in the Hudson’s Bay Queen Street building in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson

Art and Artifact Sale Sparks Backlash

Adding to the controversy surrounding Hudson’s Bay’s demise is the company’s plan to auction more than 4,400 pieces from its historical collection, including artifacts dating back centuries and culturally significant items like the 1670 Royal Charter.

While safeguards have been put in place to prioritize Canadian buyers and institutions, the planned auction has drawn sharp criticism. Indigenous groups, heritage organizations, and even federal agencies have raised alarms about the potential loss of national heritage.

Grand Chief Kyra Wilson of the Assembly of Manitoba Chiefs issued a public statement condemning the auction, calling it a continuation of colonial dispossession. Meanwhile, the Canadian Commission for UNESCO’s Memory of the World Committee has called for key artifacts to be transferred to public institutions.

Main floor of Saks Fifth Avenue in the Hudson’s Bay Queen Street building in downtown Toronto on Saturday, April 26, 2025. Photo: Craig Patterson

What Comes Next

The court-supervised sale process is set to conclude by April 30. As of now, it remains uncertain whether an offer might save some aspect of the business.

In the meantime, Hudson’s Bay is expected to request an interim cash distribution to secured lenders and an extension of the stay of proceedings beyond the current May 15 deadline.

For many Canadians, the closure of the Queen Street Hudson’s Bay store — and the likely dissolution of the brand — marks the end of an era. Hudson’s Bay is not just a retailer; it is woven into the country’s history, commerce, and culture. Its fall signals the profound changes sweeping the retail landscape, where even the most storied names are not immune to economic pressures, shifts in consumer behaviour, and the relentless rise of e-commerce. As Canadians continue to pass through the historic halls of Hudson’s Bay one final time, they are also witnessing the closing chapter of a brand that once helped shape the nation itself.

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EMERGE Commerce sees strong Q4 and Full-Year 2024 results, eyes growth with Tee 2 Green acquisition

PHOTO: TRULOCAL VIA FACEBOOK

Toronto-based e-commerce portfolio EMERGE Commerce Ltd. reported strong financial results for the fourth quarter and full year ended December 31, 2024, highlighting significant gains in revenue, profitability, and operational streamlining, while setting the stage for further growth through a key acquisition.

EMERGE is a premium Canadian e-commerce brand portfolio, operating subscription, marketplace, and retail businesses in grocery and golf. Its flagship brands include truLOCAL, UnderPar, JustGolfStuff, and most recently, Tee 2 Green.

Ghassan Halazon

“2024 was a transformative year for EMERGE,” said Ghassan Halazon, Founder and CEO of EMERGE. “We executed against our stated priorities with precision. We delivered on our promise to re-ignite organic revenue growth, we streamlined the business under our more focused EMERGE 2.0 strategy, we drastically improved profitability, we substantially reduced our debt, and we grew our cash position year-over-year without a capital raise.”

Fourth Quarter 2024 Highlights

In Q4 2024, EMERGE generated revenue of $5.6 million, up from $5.1 million in Q4 2023. When excluding Carnivore Club, which was sold in January 2025, revenue rose to $5.3 million from $4.6 million, representing a 15% increase. Gross profit for the quarter grew to $2.2 million from $2.1 million, while adjusted EBITDA improved sharply to ($11,000) compared to ($345,000) a year earlier.

Net income from continuing operations was $287,828, a significant turnaround from a loss of $10.7 million in Q4 2023. Overall net income came in at $287,828, compared to a loss of $17.5 million the previous year. EMERGE ended 2024 with $3.1 million in cash, up from $2.5 million.

“Perhaps nowhere was our progress more evident than in Q4, where we delivered double-digit revenue growth, close to breakeven Adjusted EBITDA and positive net income,” said Halazon. “Our stellar results in Q4 were the culmination of the team’s hard work all year long.”

Full-Year 2024 Financial Performance

For the full year, EMERGE posted revenue of $20.4 million, up from $19.6 million in 2023. Excluding Carnivore Club, annual revenue was $19.3 million compared to $17.7 million, reflecting 9% growth. Gross profit rose to $8.2 million from $7.6 million. Adjusted EBITDA improved to a loss of $463,828 from a deeper loss of $1.78 million.

Net loss from continuing operations narrowed to $1.1 million, a marked improvement over the $15.6 million loss in 2023. The total net loss also decreased significantly to $505,740, down from $21.3 million the prior year.

Carnivore Club Divestiture

On January 15, 2025, EMERGE completed the sale of Carnivore Club for $500,000. The company had been phasing out the non-core asset throughout 2024 to focus on its larger, more profitable operations. Future financial reporting starting in Q1 2025 will classify Carnivore Club as discontinued operations.

Acquisition of Tee 2 Green

On April 4, 2025, EMERGE closed the acquisition of Tee 2 Green Ltd. (T2G), a Canadian discount golf apparel and equipment company with a 38-year operating history. T2G reported unaudited 2024 revenue of $6.4 million, adjusted EBITDA of $1 million, and net income of $700,000. EMERGE financed the acquisition using proceeds from the Carnivore Club sale and the previously disclosed sale of dormant SHOP domains to Shopify.

“T2G is expected to be highly synergistic with EMERGE’s extensive golf business, which includes UnderPar and JustGolfStuff, along with a 400,000+ golf subscriber database,” the company said in its announcement.

Debt Refinancing and Improved Terms

Coinciding with the T2G acquisition, EMERGE also announced an amendment to its credit agreement with its existing lender, extending the maturity date by 18 months with an option for an additional 6-month extension. The company expects recent and anticipated interest rate cuts to drive “meaningful cash savings.”

Operational Outlook for 2025

Looking ahead, management says it sees “continued operational momentum year-to-date.” The company’s flagship subscription brand, truLOCAL, is benefitting from the “Buy Canadian” movement, contributing to strong revenue growth and profitability. EMERGE also expects continued strength from its golf vertical given the recession-friendly nature of discount-based models.

“The addition of Tee 2 Green, starting Q2 2025, is expected to substantially enhance the Company’s revenue, profitability and cash flow profile, and in the process, strengthen its balance sheet, and potentially improve its cost of capital over time,” the company noted.

Strategic Priorities

EMERGE outlined three top priorities moving forward:

  1. Accelerate revenue growth
  2. Extract further operational efficiencies and synergies
  3. Opportunistically enhance cash flow and reduce interest expenses

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Canada Leads in Remote Work, Reshaping Food, Spending, and Productivity

Woman shopping in a grocery store. Image: iStock/licensed

Canada now leads the world in remote work among college-educated professionals, with nearly two full workdays per week spent at home, according to the latest Global Survey of Working Arrangements. That’s more than the United Kingdom, the United States, India, or Nigeria. This might appear to be just another workplace statistic, but it carries significant implications—not only for how Canadians work, but for how they eat, shop, and manage their time.

The shift to hybrid work is more than a matter of convenience. It’s a structural transformation that is quietly rewriting the script for our food economy. When people commute less, they eat out less. The rhythm of daily meals has changed. Downtown cafés and food courts are seeing thinner crowds, while grocery stores, delivery services, and meal kits are becoming more central to everyday sustenance. The kitchen table has re-emerged as the new lunchroom for millions of Canadians.

For grocers and food providers, this represents a significant shift. Workers who spend more time at home now shop more frequently, at off-peak hours, and often expect fresh ingredients, smaller packaging, and seamless online delivery. We’re seeing a rise in demand for smaller-format grocery stores in suburban and residential zones, and more emphasis on convenience without sacrificing quality. Retailers must adjust to this evolving consumer—one who lives and works in the same space and sees food purchases as both a necessity and a lifestyle choice.

Yet these changes also highlight emerging risks and inequities. While home cooking can mean better control over ingredients, it assumes people have the time, knowledge, and equipment to prepare healthy meals. That’s not the case for everyone. Remote work may empower some to eat better, but it could just as easily widen the nutrition gap for others.

Affordability Pressures Grow for Home-Based Consumers

Affordability remains a key concern. Cooking at home is often cheaper than eating out, but only if grocery prices are manageable. Food inflation, though easing slightly, continues to outpace overall inflation. Canadians working from home aren’t just spending more time in the kitchen—they’re spending more money on groceries, and many are feeling the strain.

Food waste is another concern. With more groceries purchased and more meals prepared at home, there is greater potential for overbuying and underusing. Misunderstood date labels, poor storage habits, and unrealistic meal planning are all contributing to what is now an estimated almost $2,000 per year in food waste per household.

And then there’s the broader question many are beginning to ask: What does all this mean for productivity?

The benefits of remote work are well-documented—less commuting, more flexibility, better work-life balance. But there is growing concern that the shift may also come with hidden costs, particularly in sectors that depend on collaboration, creative exchange, and informal communication. Productivity data in Canada has been mixed, and some employers are quietly questioning whether hybrid arrangements are delivering the long-term efficiencies once promised. For food-related industries—retail, foodservice, distribution—fewer people downtown also means fewer spontaneous purchases, fewer business lunches, and weaker demand in key urban markets. These effects ripple through the economy.

The Future of Remote Work Requires Broader Planning

In short, Canada’s work-from-home culture is not just changing office life—it’s reshaping our food systems, our spending habits, and possibly our productivity.

If we’re going to lead the world in remote work, we must also lead in understanding its consequences. Policymakers and business leaders need to consider food literacy, equitable access to ingredients, and strategies to minimize household waste alongside workplace planning. The kitchen is no longer just where we eat—it’s where the effects of economic change are being felt most immediately.

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Who Is the Best Personal Injury Attorney in Texas?

If you get injured in an accident, you need representation to navigate the legal system and win your case. Hiring the right counsel can be challenging, especially when you are recovering and combating emotional distress. Who is the best personal injury attorney in Texas? Here is a guide to finding the best lawyers in the Lone Star State.

How to Select Your Personal Injury Attorney in Texas

Negligent drivers cause accidents and risk lives with their erratic behavior. The Insurance Institute for Highway Safety said Texas experienced 4,408 motor vehicle deaths in 2022 — the second-most total in the U.S. The risks of driving mean you need personal injury counsel on your side if you get in a crash. Here are six considerations before you enter the courtroom:

  • Experience: How long has the firm practiced in Texas? The attorneys should be experts in the state’s laws.
  • Court knowledge: Intelligent attorneys understand your county’s specific judges and court procedures and use the knowledge to win cases.
  • Resources: The law office should have sufficient resources to investigate the case thoroughly.
  • Communication: Legal counsel must effectively communicate with clients from the initial inquiry to the final verdict.
  • Client testimonials: Testimonials and online reviews share authentic experiences and interactions with the law firm.
  • Contingency fee: Check the contingency fee for each practice, as most do not charge unless they win your case.

Who Is the Best Personal Injury Attorney in Texas?

Excellent counsel will maximize your compensation and level the playing field with insurance companies. Here are the 13 best personal injury attorneys in the Lone Star State.

1. Thomas J. Henry Law

Thomas J. Henry Law is the best law firm in Texas,  with over 250 attorneys ready to win your case. These experts specialize in numerous personal injury cases, including wrongful death and vehicle accidents. If you experienced harm, you can find excellent legal counsel with Thomas J. Henry and his associates.

The law firm has five offices statewide, from Houston to Dallas and the major cities between them. Thomas J. Henry’s attorneys set up a contingency fee, so you only pay if they win your case. Interested parties can seek a free case review to better understand their legal options. In the last four years, the practice has won over $1 billion for its clients.

Key Features

Full-service injury firmContingency-fee basis
Five offices statewideMedical treatment assistance

2. Mullen & Mullen Law Firm

Since 1983, the Mullen & Mullen Law Firm has been a terrific legal avenue in Texas. The attorneys have a discounted 29% contingency fee on pre-suit settlements — a 4-6% decrease from other personal injury practices. Most of their cases settle before landing in a courtroom, thus putting more money into your pocket.

Mullen & Mullen prioritizes clear communication and a client-driven process. Accessing the law firm means speaking with an attorney, not a paralegal or another staff member. You can contact them at the office or on their cell phone to ask pertinent questions. Before your case starts, you can contact the professionals for an evaluation by phone, video conference or an in-person visit.

Key Features

Low contingency feeDirect contact with attorneys
Client-driven handling of casesFree case evaluations

3. Steven C. Lee & Associates

Steven C. Lee & Associates is based in Austin and covers numerous personal injury types. The attorneys will help with your case if it involves trucks, bicycles, motor vehicles, boats or wrongful death. If you hire this firm, you may receive assistance with rental car costs and medical expenses to focus on your health and recovery.

Recent results have demonstrated why Steven C. Lee & Associates is one of the best personal injury attorneys in Texas. For example, the law office won $2.5 million for the parents of a deceased child involved in a truck accident. You do not pay a fee unless they win your case, so clients can rest assured that there are no upfront costs.

Key Features

24/7 free consultationsVehicle, construction and wrongful death cases
Over three decades of experienceRental car and medical expense assistance

4. Jeff Davis Law Firm

The Jeff Davis Law Firm is famous for its catchy phone number and terrific legal service. Attorneys are available 24/7 to take your call and help you win your case. The practice has represented clients across Texas in personal injury cases, commercial vehicle accidents and other devastating experiences for families.

From Brownsville to the Permian Basin, clients get personalized service at the Jeff Davis Law Firm. Over 35 years of legal experience have helped the attorneys navigate Texas courtrooms and win cases. Past customers have raved about the support, efficiency and team-focused approach to winning settlements. When you need help, their lines are open 24/7 for assistance.

Key Features

35+ years of legal experienceCalls answered 24/7
Seven office locations statewidePersonalized service for each client

5. LOAR PLLC

LOAR PLLC is a woman-owned practice with offices in Texas metro areas and the U.S. Since 2006, the attorneys have advocated for clients regardless of their personal injury needs. Their cases have included trucking crashes, wrongful death lawsuits and ranch hand injuries. If you become injured, LOAR PLLC will fight for your settlement.

Satisfied clients have raved about LOAR PLLC’s comfort and communication during intimidating situations. Attorneys like Amber Russell make their customers feel validated and prepared for the complex legal road ahead. The firm’s excellent work has earned recognition from Martindale-Hubbell, Thomson-Reuters and other reputable organizations.

Key Features

Woman-owned law firmExtensive injury case experience
Offices across Texas and nationwideMartindale-Hubbell recognition

6. Shamieh Law

Shamieh Law serves clients 24/7 and strives to be the best personal injury attorney in Texas. The firm has over 40 years of combined experience and has recovered over $150 million for people in Texas and Louisiana. Shamieh and his associates specialize in cases involving vehicle accidents, workplace injuries and slips and falls.

Your journey with Shamieh Law starts with a free case consultation, with its toll-free number open 24/7 for clients. The firm helps people in unique situations, ensuring their voices are heard. Last year, the attorneys won a case for a family whose loved one fell into a utility hole in northwest Dallas.

Key Features

40+ years of experienceOver $150 million won for clients
Vehicle crashes, workplace accidents, slips and fallsFree case consultation

7. Jim Adler & Associates

Jim Adler & Associates has served the Lone Star State since 1973, regardless of where their plaintiffs live. Adler has become known as the Texas Hammer because his practice has won over $1 billion in settlements and verdicts. Clients who call the law firm get a free consultation and may speak Spanish if necessary.

The Texas Hammer provides legal services for personal injury needs, such as motorcycle accidents, product liability and wrongful death. Clients receive an average of $240,000 when they work with Jim Adler and his associates, with the entity accruing $1 billion in its history.  The firm will pay for all upfront costs to ensure you do not pay a penny.

Key Features

Over 50 years in businessAverage settlement of $240,000
Serves all of TexasComprehensive personal injury cases

8. Williams Caputo Injury Lawyers

Williams Caputo Injury Lawyers are attorneys with a long track record of helping clients after an incident. The Austin-based practice secures compensation in standard cases like car and motorcycle accidents. However, Williams Caputo also helps in dog bite lawsuits and gas explosions. Regardless of the situation, you will have help on your side.

The consultations are free of cost to you, and the team focuses on relieving your financial burden. Williams Caputo Injury Lawyers makes you the focus of each case by listening to your story and fighting for your rights. Texas residents can enjoy the firm’s services in Austin, San Antonio, El Paso, Lubbock, and Dallas.

Key Features

Numerous personal injury practice areasNo-cost consultation
Compassionate legal advocacyServices across Texas cities

9. Arnold & Itkin Trial Lawyers

Arnold & Itkin Trial Lawyers are famous for getting record-setting results in personal injury cases. In 2019, the firm secured an $8 billion verdict against pharmaceutical company Johnson & Johnson in the Risperdal case. In other lawsuits, Arnold & Itkin has won multimillion-dollar verdicts for injuries, people with cancer and fatal crane accidents.

When an accident occurs, the practice shows why it has some of the best personal injury attorneys in Texas. Arnold & Itkin secures medical care for clients and gives their all to find answers and rebuild lives. Practice areas for the attorneys include railroad accidents, insurance claims and maritime law. People with catastrophic injuries call the firm to get the job done.

Key Features

Medical care assistanceRecord-setting results nationwide
Offices across Texas and in LouisianaFree consultation

10. The Callahan Law Firm

The Callahan Law Firm is one of the most unique groups in Texas because it does not accept a heavy volume of cases. Instead, it focuses on the most severe injuries and wrongful death incidents to help families in need. If the insurers make bad-faith claims, Michael Callahan’s team will combat them in court.

The lawyers and paralegals prioritize full justice for their clients instead of focusing on mass marketing. At The Callahan Law Firm, you can level the playing field with the insurance companies and hold them responsible in courtrooms. Over 25 years of legal experience have helped the counsels navigate Texas courts and defend plaintiffs’ rights.

Key Features

Contingency-based fee structureSerious injuries and wrongful death cases
Fewer cases and specialized attention24/7 communication accessibility

11. Terry Bryant Accident & Injury Law

Terry Bryant Accident & Injury Law understands the legal field and employs three board-certified attorneys to win your case. Your road to justice starts with a no-fee guarantee, as the lawyers will not charge unless they earn a verdict or settlement. Since its founding, Terry Bryant’s firm has won over $1 billion for plaintiffs.

Attorneys bring over 40 years of legal experience to the courtroom, ensuring you get excellent representation before the judge. Terry Bryant and his associates will deal with the insurance companies while you recuperate from your injuries. Past clients have raved about personal connections with the attorneys and the courtroom success.

Key Features

40+ years of legal experienceOver $1 billion recovered for clients
Three board-certified attorneysNo-fee guarantee until you win

12. The Ammons Law Firm

The Ammons Law Firm specializes in personal injury cases, especially those concerning automobiles and tires. Rob Ammons and his team have litigated cases about vehicle defects, leading to recalls of 100 million cars and tires. Since its founding, the Houston-based firm has won over $1 billion in verdicts and settlements for its clients.

Experience, resources and effort help The Ammons Law Firm win cases and maximize client payouts. After thousands of litigated cases, the experts understand how to get the most from every suit. If you need a free consultation, you can contact the practice online or by phone. The offices in Houston and Midland are open for clients with personal injury claims.

Key Features

$1 billion in verdicts and settlementsTire and automotive defect cases
Helped recall over 100 million defective productsContingency-based fee structure

13. McCormick Law Firm

The McCormick Law Firm uses a three-step approach to maximize your settlement: investigation, medical development and negotiation. This strategy has led to significant outcomes for clients, including $15 million won in 2023 after a Fort Worth accident. When you win your case, you pay a lower fee than working with other attorneys.

McCormick clients have noted the team’s efficiency and maximized settlements,  especially when arranging medical treatment. Customers from Dallas to San Antonio benefit from free consultations and expedited medical care. While Cageny McCormick has offices in 11 states, he is a Texas native with extensive knowledge of state law.

Key Features

Four- to six-month average for casesOffices in Dallas and San Antonio
Wide range of personal injury casesFree consultation and low fees

Hiring the Best Personal Injury Attorneys in Texas

If someone else is at fault for your accident, you need an experienced professional to handle your case. The best personal injury attorney in Texas is the one who understands your specific needs and maximizes your payout. Find a law firm that understands the court system and will communicate each step. Your counsel’s goal should be to level the playing field and bring peace of mind.