99, Headland, AL. The closures will lead to the end of about 1,400 jobs – 500 at the company’s head office and 900 store employees. Start receiving our newsletters ASAP, for the trending retail news you don’t want to miss! Listen and subscribe to get a weekly update with the newsmakers who matter. During the pandemic, Gap announced that many of its stores would not reopen as temporary store closures lift. A check-in on the public mood of Canadians with hosts Michael Stittle and Nik Nanos. This news follows the announcement that the Gap flagship in Chicago will also be closing in January 2021. An initial announcement of 320 store closures was edited in September, now promising between 400-450 stores shutting down for good between 2020-2021. Microsoft has seven stores in Canada, which will all be closing. Hudson’s Bay has found itself in trouble as the retailer continues to close stores around the country. The company also famously launched their Aromatherapy collection – which was a hit on … 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. 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. Things Engraved: On Jan. 14, the head of Kitchener, Ont.-based retailer Things Engraved announced plans to shut all of its 73 stores. The company indicated it would close some stores, but did not specify how many. Victoria’s Secret has been on the decline for years. Jewelry store Thomas Sabo is known for its cute charm bracelets. The company announced recently that its stores will be closing this September . Touted as the country’s first discount department store, the company said it would be closing its five remaining locations in Vancouver, New Westminster, B.C., Langley, B.C., Calgary and Edmonton. Below, an evolving tally of store closing updates. The brand will no longer be a brand. With that being said, you can still shop the brand through its online store. The makeup retailer said it's closing all of its stores and brow bars in the U.S. and Canada, as of end of day March 17. Ascena Retail Group, the owner of Ann Taylor, officially filed for Chapter 11 bankruptcy in July. Back in October 2019, once-popular jeweller Links Of London began liquidating its American and U.K. stores, which later foreshadowed what would happen in Canada. By Dawn Geske 01/27/20 AT 3:52 PM. Number of store closings: 150 by 2020 ‘These stores that we closed and will continue to close are stores that are low-volume stores for us that have been on the declining sales and profit trends for years,’ said CEO Sam Sato in the earnings call. Stores closing in 2020: 2. The combination of forced closures, decreased consumer spending and limited rent relief measures has left some retailers unable to maintain their existing operations. The Children's Place announced on June 11, 2020 that 300 stores across the U.S., Canada, and Puerto Rico would be closing in the following months. Surprisingly, Muji U.S.A. filed for Chapter 11 bankruptcy this year. Store closures in 2020. The company announced in July that it would only reopen 18 stores in Canada, with seven of them being in the greater Montreal area. 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. 0. Chico’s. The company also said that it anticipates that stores will reopen when it’s safe to do so, however, Canadian stores had already been dwindling prior to the government-mandated closures of non-essential businesses. Aéropostale, the teen clothing retailer has announced the closure of 113 U.S. locations and 41 stores in Canada. Bed Bath & Beyond expected to close 200 stores in Canada and the U.S. Curiocity Staff Jul 10, 2020 . According to Insolvency Insider, Cranbrook Glen Enterprises Ltd., the company that operates camera and accessories retailer Henry’s, intends to shutter close to a third of its stores. The Gap - They have a massive restructuring and re-branding planned to try to stay ahead of the competition and will be closing around 230 stores. Scholar’s Choice also filed for creditor protection through a notice of intention to propose a reorganization plan to restructure the company. The latest retailer to find this out is Stage Stores, the owner of Gordmans off-price stores and a bunch of other regional brands, including Bealls, Goody's and Peebles. Why do physical stores keep closing? Le Château:After 60 years … 160 stores. Stores will remain closed for 2 weeks, and operations will be reassessed at that time. Your favourite '90s clothing store is going out of business. Iconic Montreal retailer Le Chateau filed for bankruptcy in October, after 60 years in business. "I'd say we're at about 50% of where we should be," former Walmart US CEO Greg Foran said in 2019. Articles You Might Be Interested InThe Running List Of Retail Store Closures And Bankruptcies In 2019 10 Canadian Store Closings That Happened In 2019 And Why They Matter BiWay Will Be Reopening In The Summer Of 2020 6 American Stores Worth Crossing The Border For 11 Stories That Shaped Canadian Retail In 2019. Filing for protection under the CCAA is truly the hardest decision we have had to make as an organization in our almost 100 years of history, but this pandemic has left us no choice,” Chief Executive Officer Stephen Reitman said. Walmart Express. New coronavirus strain spreading in U.K. has key mutations, scientists say, Tracking every case of COVID-19 in Canada, Ex-Epstein pal seeks bail with US$28.5M and armed guards, Driver tries (unsuccessfully) to pull the old switcheroo, Island pilot discovers B.C. Justin Sullivan/Getty Images . The popular tea store announced that it’s planning to close 166 of its locations across Canada and 42 locations across the U.S. Fortunately, tea lovers will still be able to shop at 18 Canadian locations in British Columbia, Alberta, Manitoba, Ontario, Quebec, and New Brunswick, as well as online. The store’s parent company, L Brands, revealed in a first quarter earnings presentation that 50 Bath & Body Works locations in the United States, as well as one store in Canada, will close in 2020. The closures will affect 34 underperforming Lowe’s and Rona stores, with … Gap Inc. (GPS) hasn’t been immune to store closings as … The closures will affect 26 RONA locations, six Lowe's stores and two Reno-Depot brands. More than half of these stores are … The electronics brand attributed the closures to a “dramatic shift to online shopping in specific markets.”. Squish opened its first store in 2014 in Laval, Que. Suche nach: Suche. landslide damage, Watch: First person in Que. Walmart closings. 2999 Massey Dr., Prince George. Bench: The owner of apparel store Bench's Canadian operations confirmed to BNN Bloomberg on Jan. 22 that all 24 locations will be closed. Notably, Ascena also owns Lane Bryant, LOFT, Lou & Grey, and Justice. Suche. The closures are part of Ascena’s Chapter 11 bankruptcy proceedings in the U.S. and restructuring plans in the wake of the pandemic. Tween retailer Justice is permanently closing more than 600 of its U.S. stores as part of parent company Ascena Retail Group's bankruptcy.. New Jersey-based Ascena, which also … 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. We were making strong progress with the transformation of our business to tackle these challenges; however, the impact of the COVID-19 pandemic has put too much pressure on our business and our cash flows.” The brand’s filings revealed that not all of its 850 North American stores would reopen after the temporary closures and some will stay closed for good. It recently announced a slew of store closings ahead of 2020, though there will be a few new opening locations as well. Unfortunately, the bankruptcy means the closure of 123 stores across Canada. The company has not confirmed which locations will be closing. 0. Since stores have been temporarily closed due to the COVID-19 pandemic, L Brands noted that its first-quarter sales fell 37% to $1.65 billion from $2.63 billion a year ago. In a press release, David Bensadoun, Chief Executive Officer of the company, said, “It is no secret that the retail industry has experienced rapid and significant change over the last several years. So far, Target has confirmed 53 stores across all states and territories except the Northern Territory will close. Many retail stores in particular have been hit hard by the downturn. CTVNews.ca Writer, Ryan Flanagan The retailer reportedly had more than 1,500 stores in the U.S. and Canada under all its brands as of August 2019. The RONA in Brockville, at 550 Stewart Boulevard and the Lowe's in Cornwall, at 950 Brookdale Avenue will close by January 31, 2020. Walmart is shutting down 269 stores as the company tries to cut costs and focus on e-commerce. It operates more than 1,500 stores in North America and Kuwait. The retail biz is getting tougher and tougher with competition heating up and the current COVID-19 pandemic that forced stores to close. The store's nostalgic 90s-themed pop-up shops — which were supposed to run until April 2020 — will also close. With the added hardships of COVID-19 on retailers, we’re seeing more shutter for good. Lowe’s Prince George. 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. 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). Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by Covid-19. The store’s parent company, L Brands, revealed in a first quarter earnings presentation that 50 Bath & Body Works locations in the United States, as well as one store in Canada, will close in 2020. While four locations across the world will stay open as they are reimagined, the tech company will be primarily operating online. By Dawn Geske 01/27/20 AT 3:52 PM. The closures are expected to affect all Canadian Bench locations, but the iconic U.K.-based brand will still be available in retailers like Hudson’s Bay, WINNERS, and more. Search underway for crew after scallop boat disappears near Annapolis County, N.S. In May 2020, Reitmans filed for creditor protection. Canadian furniture chain Leon's will temporarily close 72 of its 205 stores across Canada and lay off 3,900 workers in response to the COVID-19 pandemic. After 74 years in business, fair trade retailer Ten Thousand Villages announced that it would be shuttering its Canadian operations, including its web store and the majority of its physical retail locations. It’s hard to imagine that Dollarama is set to close its location after 25 years. Sign up for our newsletter and have first access to top warehouse sales, online shopping offers and exclusive content & contests. Today in, coronavirus sucks. The company filed for bankruptcy on May 10 and said it would permanently shut down all … At the end of November 2019, home improvement chain Lowe’s Canada announced that it would be shuttering stores across Canada in order to improve overall performance. Two stores are in eastern Ontario. 2011. It's hard for regional discount department stores to hold their own against national giants Walmart, Target and Kohl's. 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. The global coronavirus pandemic’s impact on the economy is still ongoing. After first opening in Canada in 2015 at Square One in Mississauga, NYX Cosmetics is officially closing all of its Canadians shops. CEO Jacqui Cohen cited the “unsurmountable” challenges caused by the pandemic. Sail. ... GNC Store Closings 2020: Which Locations Are Closing? The closures will mostly affect mall locations. Driver tries to switch seats after being pulled over by cop. 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. Lord & Taylor is a relic that has been around since 1826. Tween retailer Justice is permanently closing more than 600 of its U.S. stores as part of parent company Ascena Retail Group's bankruptcy.. New Jersey-based Ascena, which also … However, Starbucks is also testing new pickup-only locations that you may see pop-up around your neighbourhood. The closures will affect 34 underperforming Lowe’s and Rona stores, with all listed stores expected to close by the end of February 2020. In November 2018, GNC officials had announced that they would close up to 900 stores over the next three years in the U.S. and Canada as leases expire and … Gap Store Closings 2020: Full List Of Locations Closed . It emerged from bankruptcy in October. Just last year, we said goodbye to household names like Home Outfitters and Payless to name a couple. The company said it plans to close seven of its 29 store locations once COVID-19-related measures were loosened. 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’s said that this is part of the brand’s strategy to adapt and grow its online presence. The retailer announced that it would “reduce its store footprint by up to 450 locations” in North America in order to lower its expenses and to “better align its business with the current operating environment.” And just a month after the original statement, the retailer announced that all 67 Canadian Pier 1 stores will be closing. CTVNews.ca Writer. The list of store closings … 76 Ann Taylor, LOFT, and Lou & Grey stores are closing after parent company Ascena filed for bankruptcy — here's the list . Claire's filed for bankruptcy on March 19, 2018 and will close 92 stores in the process. Not only did the store sell its own Pink Tartan fashion pieces, but it also offered vintage luxury designer products as well. It closed down 166 Canadian locations and 42 in the U.S. Upload credit : davidstea | Instagram Website Garage/Dynamite Montreal-based Groupe Dynamite filed for creditor protection in September, closing an unspecified amount of North American stores. EXPERT SAYS ‘CATASTROPHIC’ TREND IS UNFOLDING WITH STORE CLOSURES DUE TO COVID-19 . Via Bed Bath and Beyond / Facebook. Stores closing in 2020: 45 The home of the Blue Light Special first opened under the name Kmart in 1962. With a shift in the market towards body positivity, controversial comments, and increasing competition in the lingerie space, the brand has struggled to appeal to its once-loyal customer base. Be the first to find out about the warehouse sales, sample sales, and pop-up sales that StyleDemocracy hosts. Kmart. It said it was also filing for Chapter 15 bankruptcy in the U.S. According To An Insolvency Notice, The company is said to be closing “all or substantially all” of its stores. The retailer says it has spent much of the COVID-19 pandemic trying to refinance or sell the business to a third party that would keep it in operation, but was unsuccessful. Bed Bath & Beyond Inc. the parent company that owns Buybuy Baby, World Market, and Harmon Face Values, but most popularly, Bed Bath & Beyond, have announced that they will be closing approximately 200 stores … TORONTO -- Starbucks says it will be closing up to 200 of its 1,400 stores in Canada over the next two years. Coffee chain Starbucks says it plans to close up to 200 stores in Canada in the next two years, even after the economy gets back to normal after COVID-19. Coffee chain Starbucks says it plans to close up to 200 stores in Canada in the next two years, even after the economy gets back to normal after COVID-19. 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