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insolvency-proceedings

Luxury retailer Ted Baker begins store-closing liquidation sales

by Anas Siddiqui
Luxury retailer Ted Baker begins store-closing liquidation sales

Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began insolvency hearings late last month. The three …

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SaltWire’s money woes a sign of bigger problems in the newspaper business: experts

by Anas Siddiqui
SaltWire’s money woes a sign of bigger problems in the newspaper business: experts

The recent decision by SaltWire Network Inc., Atlantic Canada’s largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing …

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Mastermind Toys stopped accepting gift cards on Dec. 24 — when most cards were still wrapped

by Anas Siddiqui
Mastermind Toys stopped accepting gift cards on Dec. 24 — when most cards were still wrapped

Riverview father Rudy Walters is speaking out after Mastermind Toys stopped accepting gift cards effective Christmas Day — with signs posted on their storefronts only days before. Walters said the move raises questions about …

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Canopy Growth books $30M from sales of Biosteel assets

by Anas Siddiqui
Canopy Growth books M from sales of Biosteel assets

Business Canopy Growth Corp. says the aggregate gross proceeds from selling off its sports drink business total $30.4 million. Company went into insolvency proceedings a few weeks ago The Canadian …

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