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Inflation and tariffs a double whammy for retailers
Published: 25 September 2025
Montreal-based clothing retailer SSENSE has filed for creditor protection. As recently as 2021, the company was valued at US$4 billion. 鈥淔or retailers, it鈥檚 been a double whammy,鈥� the Bensadoun School of Retail Management鈥檚 Executive Director Charles de Brabant told the BBC. 鈥淚nflation squeezed consumers, and U.S. trade policy changes have made it for a difficult landscape for retailers.鈥�
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