The company was founded 32 years ago by CEO Tony Aronson and his father. With files from CTVNews.ca's Jeremiah Rodriguez, Brooklyn Neustaeter and The Canadian Press, In this Aug. 6, 2020, file photo, a customer leaves a Pier 1 retail store, which is going out of business, during the coronavirus pandemic in Coral Gables, Fla. (AP Photo/Lynne Sladky, File). premier defends Dr. Shahab after harassment at family home, CTV National News for Jan. 24: Vaccine deliveries halted, Report alleging toxic behaviour by Payette will be released, Second LTC home in Ont. Even the Pier 1 Canadian website says so. Their parent company Schurman Retail group filed for bankruptcy citing an over expansion in the mid 2000s and a “general downturn” in brick and mortar sales. Please don’t forget that the first quarter of any year is when traditionally brands make decisions about what stores didn’t meet their goals for the holiday season and are targeted for closure. The last five locations in Kitchener, London, St. Catharines, Whitby, and Windsor. which has also filed for creditor protection, closing nearly all of its 83 physical stores, close all stores under its Thyme Maternity and Addition Elle banners, close 13 of the 38 Victoria's Secret stores in Canada, closing all of its stores in North America, according to online publication Retail Insider, As 2020 retail closures accumulate, thousands more expected, As companies reopen, 'main street' stores in urban cores need help, Joly says, More showrooms, digital mirrors among ways COVID-19 may change retail, Father's hope of life-altering treatment for son dashed in anticipation of travel ban, 'Deeply disturbing:' Nunavut internet still slower, more costly than rest of country, Taxpayers' watchdog sees complaints spike, raising worries about pandemic tax season, Concerns raised over short time frame for rotational workers to vote in N.L. Commentdocument.getElementById("comment").setAttribute( "id", "adf4a3fc3f14046b48ba1620167376ee" );document.getElementById("e5f9c67c73").setAttribute( "id", "comment" ); Hundreds of stores that middle to low income families need to use but Holt Renfrew is surviving??? Microsoft: The technology company revealed on June 26 that it would be closing nearly all of its 83 physical stores around the world as part of a “strategic change” for its retail business. Listen and subscribe to get a weekly update with the newsmakers who matter. ... Canada Stores… Two more have closed in 2020, maybe on the way to a more “normal” cutback this year. It reported this month that sources indicated all nine Vero Moda locations would be closed and 13 of the 51 Jack and Jones stores would also close. For shoppers in London, Ontario a full sized location plan has been put on pause for the moment while they reevaluate the rapidly changing retail environment. The gia In July 2020, the retailer announced it would be permanently closing an estimated 200 stores. How will you know if your favourite chain is next? WOW! After filing … Only four locations in London, New York City, Sydney, and Redmond, Wash. will remain as “reimagined” physical spaces. Starbucks: Filings with U.S. regulators dated June 10 show that Starbucks plans to close 200 Canadian locations as part of a new two-year business plan. Again, if you are a fan of this jewellery line, there are other businesses to choose from with storefronts, however you can still keep up with the trend by ordering online. On Feb. 17, the home decor chain Pier 1 announced it was closing all of its stores in Canada, as the retailer began bankruptcy proceedings in … The Motherhood Maternity website promotes that they ship to Canada with no additional fees and charge in Canadian dollars. Weddings have glasses engraved, anniversary gifts from year one to 50; you name it. Winnipeg-based women’s retailer is liquidating its chain of 169 stores including Alia and Tan Jay. As of 2020, 10 stores have been closed across Canada. Who doesn’t remember running to Zellers to pick up whatever it was you needed, or to have a quick cup of coffee at the Zellers restaurant with Mom. HelloFresh vs Goodfood Meal Kit Comparison, Goodfood Meal Kit Review (2 Years in Review). L Brands which operates the two chains announced on May 20, 2020 that it will close 13 of its 38 Victoria’s Secret stores and 1 Bath & Body Works store in Canada as it restructures its business to stay afloat as sales have declined. A newly created company (TS e-commerce Ltd., Canada) will focus on the most relevant parts of the business, i.e. For 2020 Holt’s has decided to close it’s 69 year old Edmonton location to focus on large-format store models. Get the weekly email summary of our independent reviews and resources to help keep you informed, safe and connected, for free. The Chinese company positions the brand as “Japanese Lifestyle” with products available from stuffed toys to furniture. As of June 29, 2020, Quebec-based Canadian clothing retailer Frank and Oak has filed for creditor protection and will be restructuring the business, including closing some of its 20 locations across Canada – which ones have yet to be determined. If you are a fan, they are still operating online. Then in the new year, German based, Thomas Sabo issued an official statement, confirming it is closing its remaining eight stores in Canada to focus on its e-commerce business. The Bloor street location has always been a beacon for luxury shoppers and for those who want a taste there is the Vaughan Mills outlet location if you can afford the discounted prices. The parent company of retailer Gap made an announcement in February 2019 that they would close over 230 stores around the globe. and has 19 stores across Canada in addition to one in the U.K. Mendocino: The Toronto-based women's wear brand announced July 21 that it has filed for insolvency and plans to close its 28 stores across the Greater Toronto Area to focus on online orders as part of its restructuring. According to the company’s website, there are four Ann Taylor, nine Loft and 37 Justice stores in Canada. The Montreal-based fashion retailer issued a press release on July 6 warning that the company and its … Pier 1: Home decor chain Pier 1 announced Feb. 17 that it will close all of its stores in Canada, as the retailer began bankruptcy proceedings in the United States. The children’s clothing store is closing 200 brick-and-mortar locations this year and 100 next year across the US and Canada. In connection with this, the Company has made the decision to move forward in the U.S. and close all stores in Canada. Stores will remain closed for 2 weeks, and operations will be reassessed at that time. A Canadian brand, “Ten Thousand Villages” is closing their doors after 74 years in business. Microsoft said Friday it is permanently closing its physical stores around the world. “Thomas Sabo has decided to restructure its Canadian activities. They are not just closing Canadian stores, but all of their retail storefronts in the US, Canada, Europe, Japan and Autstralia. Well, it’s true. Links of London: Luxury brand Links of London had planned a major Canadian expansion as recently as 2016, but only ever opened five stores in the country and announced Jan. 10 that all stores will be closed, according to Retail Insider. They are still selling online and continue to operate over one hundred stores in Canada. Scholar’s Choice also filed for creditor protection through a notice of intention to propose a reorganization plan to restructure the company. They will not be investing in real estate. It will attempt to renegotiate leases for the remaining 100 stores in Canada, but will shut these as well if the terms are not favorable enough. By the end of February 2021, the company will close 43 store locations. There are many other lingerie options on the market from casual to sexy with another Canadian iconic retailer, “La Vie En Rose” still operating across the country. It will close at least 29 stores in Canada (complete list) as part of its restructuring plan. Store openings and closing are expected for the chain – it expects to open 300 locations in the Americas this year and typically closes around 100 locations per year. After opening their doors in Canada in 1928, the end of an era has finally happened. Henry’s: Cranbrook Glen Enterprises Ltd, the parent company of the Toronto-based camera and accessories chain, filed a NOI (Notice of Intention) in May. By Retail Insider. The audio equipment retailer is closing all of its 24 Canadian stores as their products “are increasingly purchased through e-commerce”. GNC said it would accelerate the closing of 800 to 1,200 stores after filing for Chapter 11 bankruptcy protection. The company plans to close 82 stores across Canada and all of its 42 in the US as it shifts to focusing on ecommerce and wholesaling which will affect half its 2,500 employees. Canadian iconic retailer, “La Vie En Rose” still operating across the country. The Toronto-based women’s apparel brand announced on July 21 that it filed for insolvency and plans to close 28 stores across the GTA and focus on its e-commerce model. Initially launched in 2012 as an online-only brand, they were one of the first to make the jump to brick-and-mortar. DavidsTea: The Montreal-based beverage retailer announced on July 30 that it would only reopen 18 of its stores in Canada, shuttering 166 Canadian locations and all of its 42 U.S. stores to focus more on its e-commerce business and supplying grocery stores and pharmacies. Company filings point to “Changing consumer preferences, expensive leases and a general shift away from bricks-and-mortar shopping.” in addition to having revenues cut off for several months due to recent events. Destination Maternity, the owner of Motherhood Maternity brand has announced that it will be closing some Canadian stores as the company restructures. MINISO Canada is continuing to serve customers as usual at its stores. International Retailers Closing Canadian Stores. Aéropostale. Stock up on Perfect Peony body splash now: Bath & Body Works’ parent company, L Brands, announced in... Signet Jewelers. "We regret the impact this will have on our people and can assure you that we explored all options available to us prior to taking this difficult decision," the company said. Store closing would be over the next two years and have started in some areas. Back in 2018, the company closed a number of its store … The Ontario-based parent company of Bootlegger, Ricki’s and Cleo filed for bankruptcy on June 3, 2020 with plans to close some less productive stores as part of its restructuring plans – though it has stated it needs “a significant show of support” from its landlords to do so. The chain has been testing pickup-only locations that could become a part of their wider strategy as they’ve found that 80% of visitors come in, grab their purchase and leave – even before recent events. The Toronto and Ottawa locations shut their doors and closed up the Canadian brand in January 2020. Guess what? The shoe retailer based in Vancouver announced on April 8, 2020 that it was closing its 18 stores across British Columbia. The company will continue to sell online during the process. You control the trends, and you control what big brands need to provide to keep your experience what you desire and deserve. The closures are part of Ascena’s Chapter 11 bankruptcy proceedings in the U.S. and restructuring plans in the wake of the pandemic. The company operated 19 stores in total, eight in British Columbia, seven in Alberta, two in Manitoba, and one each in Saskatchewan and Ontario. It had been operating in Canada since 2015. This organization worked with artisans in developing countries to bring their products to the store and empower them to earn income through fair trading relationships. Listen and subscribe to get a daily fix on the latest political news and issues. Carlton Cards and Papyrus: On Jan. 22, the owner of greeting card retailers including Carlton Cards and Papyrus announced it was closing all of its stores in North America, including 76 Canadian locations. Bentley’s is a slightly different story. Holt Renfrew has been a staple Canadian luxury brand for many years. The long closing saga started in 2011 with the sale to Target, and has finally come to an end. Jenn is a bilingual seasoned writer, traveler, news junkie and self-proclaimed foodie. Ronsons: The Vancouver-based shoe retailer announced on April 8 that it was in receivership and closing its 18 stores, all of which are located in British Columbia. 2019 and 2020 closings: Up to 350. Bench: The owner of apparel store Bench's Canadian operations confirmed to BNN Bloomberg on Jan. 22 that all 24 locations will be closed. They operate in three major Canadian markets, Toronto, Ottawa and Montreal. GNC: Health and nutrition retailer GNC announced June 23 that it has filed for bankruptcy in the U.S. and says it will close at least 29 stores in Canada as part of its restructuring. Ann Taylor, Loft and Justice: The parent company of these brands, New Jersey-based Ascena Retail Group Inc., announced on July 24 that it will close all of its clothing stores in Canada. The Children's Place: Approximately 200 locations of child clothing store The Children's Place will close this year and 100 more next year in Canada and the U.S., company executives said June 11 on an earnings call. Its online store will remain open, but all sales are final and no returns or gift cards will be accepted. Garage, Dynamite: Montreal-based Groupe Dynamite, Inc. filed for creditor protection in September under the Companies’ Creditors Arrangement Act (CCAA) and will restructure its business, becoming the latest retailer crippled by the economic fallout of the pandemic.The company behind the Garage and Dynamite store brands said COVID-19 caused an “unsustainable strain” on the business, which includes more than 300 North American stores -- 85 of them located in the United States. GNC. Ten Thousand Villages: On Jan. 21, fair-trade retailer Ten Thousand Villages announced its plans to shutter many of its stores. The company, which has been operating since 1987, filed a notice of intention on July 14 to make a proposal under Canadian bankruptcy law. election, Calgary MLA apologizes for holiday travel a second time almost a month after the fact, 'Group of idiots': Sask. Continue to support local business, buy online or shop at big-box stores, it is really up to you. So who sends cards anymore? What teen girl Mom has not struggled with purchases from La Senza? It bought La Senza, which was a Canadian chain. The closures, which are set for early next year, include 26 Ronalocations, six Lowe’s locations and … This is a restructuring effort to boost profitability. In total, 13 Canadian locations slated to shut their doors. Another parent company filing for chapter 11 bankruptcy is closing Canadian locations. Le Château: After 60 years in operation, the Montreal-based clothing retailer announced on Oct. 23 that it plans to close 123 stores and liquidate all its assets. Don’t despair, most of your favourite brands are still available online. Squish: Canadian candy company Squish announced Aug. 13 that it will be closing all of its stores except for its Queen Street West location in Toronto effective immediately. Only three stores will remain open – London, Ont., Winnipeg and Moncton – and act as regional sales and distribution centres. Chico’s has announced that it will be closing up to 250 stores in 2020. To continue to find BOSE products you can find them online at Amazon or through the BOSE website as well as partner retailers such as Best Buy. Don’t worry, if you are a fan you can still buy online. And what teen girl hasn’t dreamt of getting their first fancy undergarments from this staple lingerie store? The “athleisure” market has become a lot more crowded since Bench started in Manchester. The massive technology company announced June 26 that it would be closing its 7 stores in Canada as part of a “strategic change” for its retail business that includes closing almost all of it’s 83 physical locations around the world. Pier 1 Imports: 950 stores. It recently announced a slew of store closings ahead of 2020, though there will be a few new opening locations as well. Things Engraved: On Jan. 14, the head of Kitchener, Ont.-based retailer Things Engraved announced plans to shut all of its 73 stores. La Senza founded in Quebec in 1990 is set to close 17 more stores in Canada in 2020. Is it the Retail Apocalypse, or are retailers just not meeting consumer needs? Galleria Inglewood is essentially a consignment store for artists selling pottery, paintings, wood carvings, quilts, jewlery and thousands of other items. The latest news is the future of the entire chain is currently at risk. The company, which has also filed for creditor protection, said the new retail landscape has forced it to “re-evaluate” its business and that the COVID-19 pandemic worsened an already challenging retail market. At the end of January 2020, Freemark Apparel Brands, the company that has the rights to sell Bench merchandise in Canada, announced that it would be closing all of its Bench stores to focus on e-commerce and wholesale clients. Ikea Canada will be closing their new Pick-Up and order locations in Ontario. The company’s President and CEO, Walter Lamothe said in a Retail Insider article, ““This process has been put in place to secure the long-term viability of the Company for the best interest of its employees, customers and suppliers.” Continue looking for Bentley shops at your local mall, and you can always purchase online. And don’t worry, we hate spam too! Regulatory filings dated June 10, 2020 confirm Starbucks plans to close 200 stores out of its more than 1,400 across Canada over the next 2 years. mobile boutique continues to be an important retail partner for carriers and will continue to offer Canadians a great selection of wireless services in more than 80 locations.” WOW is a jointly owned Rogers and Telus operation and sells several brands including Koodo, Fido, Chatr and Public. One clear response was that 40% of small businesses would be investing in e-commerce activities. Learn more about, We may earn a commission when you buy through links on our site which supports, Companies’ Creditors Arrangement Act (CCAA). Well, Things Engraved, made an announcement on their website that they are closing all brick and mortar locations due to the retail marketplace not thriving in Canada. Sail: Outdoor retailer Sail said June 4 that it will close four stores in Quebec and two in Ontario, leaving it with a total of 12 outlets remaining open in the two provinces. Footwear brand Naturalizer, a division of St. Louis-based Caleres Inc., will shut its Canadian stores early next year after the US company announced a restructuring last week.In total, 133 of Naturalizer’s stores will shutter in North America with more than 60 of those locations being in Canada. Parent company Match Transact stated the following, “We have recently made some operational changes resulting in the impending closure of a small number of WOW! She has a passion for telling a great story and sharing with a broad audience. the online activities,” read the company statement. Bose: U.S.-based audio equipment retailer Bose will shutter its 24 remaining Canadian stores as part of the chain’s closure of 119 locations around the world, according to online publication Retail Insider reported in early January. Ann Taylor parent company Ascena Retail Group filed for Chapter 11 bankruptcy protection in July 2020, stating it planned to permanently close a "significant" number of Justice stores, along with certain Ann Taylor, Loft, Lane Bryant and Lou & Grey stores, and to permanently close all of its stores in Canada, Puerto Rico and Mexico. It said it was also filing for Chapter 15 bankruptcy in the U.S. OTTAWA — Lowe’s says it will be closing 34 “underperforming” stores in the new year as it seeks to “optimize” its network. The outdoor retailer has 14 stores across Ontario and Quebec and employs 1,800 has filed for bankruptcy protection and announced on June 4, 2020 that it will be closing 4 stores (Quebec City, St-Hubert, Laval and Kirkland in Quebec and Vaughan and Etobicoke in Ontario) that will affect 500 workers. Pier 1 Imports is closing all of its stores in bankruptcy after previously planning to close half of its stores. The home of the Whopper has been closing at least 100 restaurants per year, but more than double that number (250) were set to leave the king's realm in 2019. CTVNews.ca Writer, Ryan Flanagan In the new year multiple suppliers filed asking to have La Senza be put on Chapter 7 bankruptcy in the US as they owe over $9 million to suppliers. It operates more than 1,500 stores in North America and Kuwait. Over the coming weeks, Carlton will close 76 Canadian locations. So stay tuned for more about top international brands in fashion, fitness food and beverage and entertainment retailers opening soon. Pier 1 said in January that it planned to close 450, representing about … Online shopping is fine but the shipping fees can be way too much unless you spend $75 and up and not everyone wants to do that when they only want one or two small items. Given the number of international retailers operating in Canada, the loss of locations will have a profound effect on landlords and will result in substantial job losses. The rest of its 22 stores and e-commerce operations will continue operations. The educational materials retailer announced on July 10 that it is closing 13 stores across the country and has filed for creditor protection. Sales had declined $28 million over the previous 3 years, but the recent mandatory store closures and uncertainty surrounding whether or not foot traffic will pick up at their stores after things open back up had made the trend “even worse”. Thyme Maternity and Addition Elle: Financial woes at Reitmans left the company seeking creditor protection and announcing plans to close all stores under its Thyme Maternity and Addition Elle banners, as was announced June 1. Jan. 31, 2020. Prior to the pandemic-related closures in March, Swimco had 25 locations in Ontario and Western Canada, according to a court filing. Founded in 1972, Aldo currently operates 287 stores in Canada, 300 in the US and over 3000 locations in 100 countries and employs 8,000 people. According to a Business Development Bank of Canada (BDC) survey, entrepreneurs are still optimistic for 2020 and will be investing in their businesses in the areas of technology, marketing and employee training. As with many other brands the press release from corporate stated an inability to operate a sustainable business model in a challenging retail environment. The loss of these locations will inevitably cause less choice for consumers, especially in rural locations without online purchasing options. The athleisure brand Bench will be closing its 24 Canadian brick and mortar locations in 2020. Number of store closings: 154. Just remember, all sales are final. The first Canadian standalone location at the Eaton Centre in Toronto, opened in 2016 after exiting from their Holt Renfrew concession location. Their plans to restructure their business include to “terminate a number of leases in the U.S. and Canada” in order to focus on online sales. They have been closing locations since 2013. MINISO Canada is the Canadian-based retailer of MINISO, a global retail brand, with 67 stores in British Columbia, Alberta, Ontario, Quebec, Nova Scotia and the Northwest Territories. These Chains Are Permanently Closing the Most Stores in 2020 1. 39 Stores Closing in Canada 2020 Moores. Also more and more people working from home require less hence no car sales no huge clothing expense. Their strongholds are Ontario and Quebec with less growth out west. Bestseller Canada: The company that operates Jack & Jones and Vero Moda filed for creditor protection June 2. — Tom Harrington (@cbctom) March 17, 2020. According to Retail Insider, the bra and lingerie brand has been quietly closing the doors to stores in Canada and the one in CF Market Mall in Calgary is the latest to go. CEO Jacqui Cohen cited the “unsurmountable” challenges caused by the pandemic. The company has since filed for creditor protection. The combination of forced closures, decreased consumer spending and limited rent relief measures has left some retailers unable to maintain their existing operations. But this does not … One of the last great vestiges of retail in Canada is set to close. 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