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. The Carlton Cards and Papyrus online stores will remain open. Jenn is a bilingual seasoned writer, traveler, news junkie and self-proclaimed foodie. According to Statistics Canada, 60% of retail businesses reported their revenue was down by at least 20% in the first quarter of 2020 due to mandatory closures which have had a huge impact on the Canadian economy as a whole and accelerated store closures. In May 2020, its parent company L Brands announced that they would be permanently closing 50 stores in the US and 1 store in Canada. It’s up to you, the consumer, where you spend your dollars. And also in November, the Montreal-based home décor retailer Bouclair filed notices to make a proposal under the Bankruptcy and Insolvency Act. We’ve put together a list of the following brands closing Canadian locations in 2020 to give you a heads up. We thank our customers in Canada for your continued loyalty and for shopping with us over the years.” It’s time to find those one-of-a-kind items online, or maybe the new LL Bean Canada location. The newest trend for 2020 will be the implementation of technologically advanced window displays to drive traffic to brick and mortar locations. The stores are all franchised, so it will remain to be seen what stays open and what closes. A Canadian brand, “Ten Thousand Villages” is closing their doors after 74 years in business. Lowe’s Prince George. 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. On May 8, 2020, Aldo was one of the first Canadian retailers to file for creditor protection as expenses mounted as a result of the pandemic. You stop by the store you love and frequent often, but it has closed its doors. Apr 9 2020, 11:14 am. Posted Nov 25, 2020 5:24 pm EST. The Alien 28. Le Château: After 60 years in operation, the Montreal-based clothing … More Than 15,500 Stores Are Closing In 2020 So Far—A Number That Will Surely Rise Walter Loeb Senior Contributor Opinions expressed by Forbes Contributors are their own. So stay tuned for more about top international brands in fashion, fitness food and beverage and entertainment retailers opening soon. Schurman Retail Group, the owner of greeting card companies Carlton Cards and Papyrus, is closing all 76 of its retail stores in Canada, along with its 178 locations in … Stephens argued shoppers can save time in online stores such as Amazon, while more innovative successful stores, such as Nordstrom, go the other route and give shoppers an experience. RONA Surrey (Newton) 6965 King George Blvd., Surrey In total, 13 Canadian locations slated to shut their doors. CEO Shawn Black told CTVNews.ca the company had been unprofitable for several years and couldn’t compete with online retailers such as Amazon. “Often times what we find is that these are not brands that have necessarily carved a distinct … piece of the market,” he said. The Denmark-based parent company of 60 Jack & Jones (a young men’s apparel line) and Vero Moda (affordable women’s clothing) stores filed for bankruptcy on June 2, 2020. 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! The year's closures include Zara, Macy's, and Men's Wearhouse. Although they have announced closures for 2020, an exact number is not available. “They’ve been sort of left to languish in the middle of the market.”. The parent company of Kay Jewelers and Zales said it would close more than 150 stores locations in fiscal 2020 amid declining store traffic. Not surprising. Walmart is closing or has already closed at least 22 stores in the US and Canada this year. Here is a look at some of the major retail closures announced in Canada in 2020, both before and during the pandemic. More opportunity for Canadians to make Canadian companies to fill the gap. Two stores are in eastern Ontario. Canada's Most Trusted News. The Canadian tea retailer filed for creditor protection on July 8, 2020. In connection with this, the Company has made the decision to move forward in the U.S. and close all stores in Canada. 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. 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. And what teen girl hasn’t dreamt of getting their first fancy undergarments from this staple lingerie store? Their "slow, quiet death," as CNN put it, comes after decades of declining sales as competitors Walmart, Home Depot, … I believe that once the majority of sales go to e-commerce the companies will have more and more returns due to quality issues. 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. Customers today want sustainable products and the highest level of customer service. TORONTO -- This is a restructuring effort to boost profitability. As of July 2019 Miniso Canada had received protection from its creditors under an order from the Supreme court of British Columbia. This follows waves of other store closures in the past three years. 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. So who sends cards anymore? That’s a lot of bath mats, bed sheets and potholders. Unfortunately, if you don’t find a storefront, this retailer does not sell online. Here is a list of some of the major chains in Canada closing all their doors, shuttering their locations or that have been hit by bankruptcy in the past two years: 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 United States. Once a giant in the Canadian retail landscape, Zellers said its last two remaining locations in Toronto and Ottawa are slated to close early in 2020, CTV News Ottawa reported in September. These locations were a test aimed at evaluating customer response to new retail formats and were opened in 2015. As with many other brands the press release from corporate stated an inability to operate a sustainable business model in a challenging retail environment. 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. In 2018 the retailer closed down 29 of its locations and the trend continues coming into the end of 2019. 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. CTVNews.ca Writer. She has a passion for telling a great story and sharing with a broad audience. Other companies such as Green Earth, Payless, and Home Outfitters have already called it quits in Canada over the past year. Jan. 31, 2020. The Montreal-based luggage and bag retailer is reportedly shuttering 88 stores in Canada and cut 422 jobs, several outlets reported in December 2019. The rest of its 22 stores and e-commerce operations will continue operations. Some of the main henchmen that can be found in Bowser's Castle are Thwomps, Thwimps, and the persistent Dry Bones. “You have to be able to promise consumers one of two things: you’re either going to promise them time well-saved or time well-spent,” he told CTVNews.ca in a phone interview. OTTAWA, Jan. 22 (Xinhua) -- Canada's retail sales rose 1.3 percent to 55.2 billion Canadian dollars in November 2020, according to Statistics Canada on Friday. File photo of Pier 1 Imports store. Most of the closures — 238 total —will be in the US. Holt Renfrew has been a staple Canadian luxury brand for many years. Who hasn’t won a BOSE speaker at a corporate event? That said, we also think it would be wise to use any unused gift cards that may be lying around sooner rather than later…. 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. Home decor chain Pier 1, Carlton Cards and Forever 21 are simply the latest in a growing list of retailers closing their doors in Canada or filing for bankruptcy. Around 176 of their stores were rescued by Enesco LLC earlier this year, allowing them to continue personalizing gifts for their customers. long-term care home, Quebec researchers say they have found an effective drug to fight COVID-19, London, Ont. This means you might not find your favourite GAP jeans at your local store, but remember; they continue to service customers online and offer several other brands in Canada like Old Navy. When asked about why big box stores could stay open while main street was effectively … Get the weekly email summary of our independent reviews and resources to help keep you informed, safe and connected, for free. the online activities,” read the company statement. Once considered thriving big box staples, Sears and Kmart—both owned by the same parent company, Transformco—barely scraped by without filing for bankruptcy this year. Cards are still being manufactured, and will still be available at distributors and through their online store. While it is still unclear when the Ottawa location will be closing, the Zellers in Etobicoke will be shutting down at the end of January 2020. People will have to put the energy and exercise of shopping into other addictions like home gyms etc. The audio equipment retailer is closing all of its 24 Canadian stores as their products “are increasingly purchased through e-commerce”. The fashion and footwear retailer for tall women is shutting down – including around a dozen stores across Canada. Last Updated Nov 25, … In January 2020, Retail Insider also reported the once-popular jeweller Links Of London was planning on closing all five of its Canadian stores in the coming year. For 2020 Holt’s has decided to close it’s 69 year old Edmonton location to focus on large-format store models. 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. The list of store closings … Word spread quickly when a story was posted online that said the store, which sells everything from groceries to home products all across Canada, was soon to shutter. lozenge plant lays off 30 workers after weak cold and cough season, Vancouver council calls on feds, province to help the PNE survive COVID-19, Judge throws out complaint from taxi companies claiming regulator made error approving Uber and Lyft, S&P/TSX composite ends losing week down on faltering energy sector, 19-year-old becomes youngest to die of COVID-19 in Ontario, Capitol Chaos: Turmoil in D.C. threatens U.S. democracy, U.K. variant confirmed at Barrie, Ont. In the fall of 2019, maternity retailer Destination Maternity, which owns Motherhood Maternity, filed for Chapter 11 bankruptcy in the U.S. And after it was acquired by Marquee Brands LLC., it was announced that all stores across North America, including 29 Motherhood Maternity stores in Canada would close. The Toronto and Ottawa locations shut their doors and closed up the Canadian brand in January 2020. Their strongholds are Ontario and Quebec with less growth out west. WOW! It was the seventh consecutive monthly gain due to higher sales at food and beverage stores, … Closing Date. Quebec-based home accessories and decor retailer Clair de lune will close 44 of its 70 stores in Quebec and Ontario as part of a restructuring effort. Bench Promenade Mall Bench: A source confirmed this week that all Bench stores in Canada will be closing as part of a Notice of Intention to file by Montreal-based Freemark Apparel Brands. The Canadian brand Rona, was purchased by Lowe’s back in May, 2016. The largest concern, according to the survey, was competition from Canadian online retailers. It doesn’t look like Holt Renfrew is leaving storefront retail anytime soon, they are just making some adjustments. Ikea Canada will be closing their new Pick-Up and order locations in Ontario. Bed, Bath & Beyond The retailer’s other brands include Buy Buy Baby, Cost Plus World Market, Harmon Face Values, Christmas Tree Shops and Decorist. MINISO Canada is continuing to serve customers as usual at its stores. Two department stores narrowly escaped closure in 2020, but their outlook for 2021 is looking grim. “Thomas Sabo has decided to restructure its Canadian activities. Chico's has filed for bankruptcy in Canada. At its peak, it had 350 stores across Canada with half a billion dollars in sales annually. Weddings have glasses engraved, anniversary gifts from year one to 50; you name it. Before the pandemic hit, the home goods retailer planned to turn 40 of its stores into empty big boxes by March 2020. More closures are expected into the fall as well as into early 2021 as retailers grapple with finances. For lovers of this brand, it looks like their online presence has been shut down. Bentley’s is a slightly different story. This follows a handful of Bose’s other standalone store closures in Canada. By The Staff Global News Posted ... Feb. 19, 2020. The shoe retailer based in Vancouver announced on April 8, 2020 that it was closing its 18 stores across British Columbia. Please update this list. Bath & Body Works. La Senza founded in Quebec in 1990 is set to close 17 more stores in Canada in 2020. They market the brand as high quality for a low price. The Children’s Place temporarily shuttered all of its 920 retail locations in the U.S. and Canada on March 18 as a result of the coronavirus. In January, the retailer announced it would close nearly half of its stores and was reportedly nearing a bankruptcy filing. It emerged from bankruptcy in October. As such, in six provinces, some Lowe's, Rona, and Reno-Depots locations will be closing their doors.. 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. Those stores remained closed until May 19, when The Children’s Place began reopening locations in 10 states. What Canadian hasn’t had a special gift engraved for a special person in their lives? 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. With files from CTVNews.ca writers Ryan Flanagan, Graham Slaughter, Solarina Ho and The Canadian Press. Lowe's Canada will be closing 34 'underperforming' stores in 2020. It will close at least 29 stores in Canada (complete list) as part of its restructuring plan. How will you know if your favourite chain is next? They are still selling online and continue to operate over one hundred stores in Canada. 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. You control the trends, and you control what big brands need to provide to keep your experience what you desire and deserve. The gia Claire de Lune was founded by the two Levy brothers in 1996 and launched their online presence in 2008. 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. In November 2019, the home renovations retailer Lowe’s announced it would close 34 “underperforming” stores across six provinces, CTV News reported. They have been closing locations since 2013. RONA Surrey (Newton) 6965 King George Blvd., Surrey. Arts and crafts retailer A.C. Moore announced that it was closing more than 145 locations in 2020 with up to 40 locations turned into Michaels stores – another arts and crafts retailer. 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. Some locations are independently owned and will remain open, but the vast majority will be out of business by May 29, 2020. The first Canadian standalone location at the Eaton Centre in Toronto, opened in 2016 after exiting from their Holt Renfrew concession location. Bestseller’s 5 multi-brand stores including Noisy May, Y.A.S., Only, Selected and other brands were closed in February 2020. The parent company of retailer Gap made an announcement in February 2019 that they would close over 230 stores around the globe. Gap didn’t disclose how many of its 230 upcoming North America store closures would be in Canada, The Canadian Press reported. One of the last great vestiges of retail in Canada is set to close. Last year, three stores closed in Quebec. The closures will affect 26 RONA locations, six Lowe's stores and two Reno-Depot brands. 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. Winnipeg-based women’s retailer is liquidating its chain of 169 stores including Alia and Tan Jay. Children’s retailer Gymboree filed for Chapter 11 bankruptcy for the second time in January 2019, with the company announcing that it would be shuttering all its locations in Canada and the U,S. 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. (Luke Sharrett/Bloomberg/Getty Images/CNN). 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. Today, online shopping is down with no information on whether consumers can purchase via their portal anytime soon. I should click on her name! 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. It seems small retailers are still pushing forward in 2020. 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. 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. The educational materials retailer announced on July 10 that it is closing 13 stores across the country and has filed for creditor protection. One of the last great vestiges of retail in Canada is set to close. Shutterstock. The company was founded in the U.K. in 1989 and it has changed hands multiple times before it was acquired by U.S. restructurer Gordon Brothers. Doug Stephens, founder of consulting agency Retail Prophet, said people are looking for an experience when they go to any type of business – bricks and mortar ones or otherwise. The RONA in Brockville, at 550 Stewart Boulevard and the Lowe's in Cornwall, at 950 Brookdale Avenue will close by January 31, 2020. Also more and more people working from home require less hence no car sales no huge clothing expense. While they state that they “will continue to have stores across Canada operating as usual”, the announcement does mention: For added peace of mind, if your nearest store is closing, we have developed contingency plans to give you the choice to either pick up from a different nearby store or have your rental shipped directly to you, for free. Over the coming weeks, Carlton will close 76 Canadian locations. 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. Bed Bath & Beyonds are behemoths. The last two remaining Zellers locations closed this year. Download the CTV News app now. The Chinese company positions the brand as “Japanese Lifestyle” with products available from stuffed toys to furniture. On January 14, the head of Kitchener, Ont.-based retailer Things Engraved announced plans to shut all of its 73 stores after terminating its entire workforce. The latest news is the future of the entire chain is currently at risk. In January, the company announced it was closing up to 450 of its 942 stores in Canada and the U.S. At the time, they said this was “in order to better align its business with the current operating environment.". A newly created company (TS e-commerce Ltd., Canada) will focus on the most relevant parts of the business, i.e. This brand had recently been opening stores as early as 2017. If you are a fan, they are still operating online. Prairie ticket holder wins Friday night's $60 million Lotto Max jackpot, Tracking every case of COVID-19 in Canada, Trump returns to a business empire ravaged by pandemic, Government won't forgive CERB repayments over net-gross problem despite messaging mix-up, Vacationers will not be able to claim sickness benefit to quarantine: PM, CRA admits 'unclear' CERB communications led to mistaken applications. Apparel and accessories retailer Francesca’s announced in mid-November that it would be closing 140 stores by the end of January 2021 and warned at the same time that it … However, Zellers isn't the only store that will be saying goodbye to Canada in 2019. Ontario allows department stores, big box stores to stay open but will close virtually every small retailer in Toronto and Peel. It had been operating in Canada since 2015. The last five locations in Kitchener, London, St. Catharines, Whitby, and Windsor. 100% Canadian-owned and operated, we are an independent, unbiased list of the best companies and gear available to Canadians who want to save the time and stress of figuring out what to buy and where to buy it. The Links Luxury brand of London is closing all Canadian locations in 2020. Don’t worry, if you are a fan you can still buy online. Why is this happening now and what role does online shopping have. File photo of 'we're open' and closed signs. As of 2018, e-commerce was reported by the company to be just over half of their total revenues, though they have not been profitable for “a few years”. mobile boutique kiosk locations. The Canadian retailer which owns the RW & CO. (80), Thyme Maternity (54), Addition Elle (77) and Penningtons (106) chains of stores was granted creditor protection on May 19, 2020 for its 576 stores under the Companies’ Creditors Arrangement Act (CCAA). And several analysts told CTVNews.ca the underlying issue is that these chains haven’t kept up with changes in shoppers who have shifted online shopping. 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. They are not just closing Canadian stores, but all of their retail storefronts in the US, Canada, Europe, Japan and Autstralia. Especially for Asian people. Another parent company filing for chapter 11 bankruptcy is closing Canadian locations. The children’s clothing store is closing 200 brick-and-mortar locations this year and 100 next year across the US and Canada. Initially launched in 2012 as an online-only brand, they were one of the first to make the jump to brick-and-mortar. Stores closing in 2020: Up to 260. Don’t worry, your massive Ikea location that you can get lost in and have a fabulous swedish lunch is not closing. At the end of last year, the shoe retailer performed surprisingly well in sales, prompting it to make a big decision coming into 2019. The Gap: San Francisco-based fashion retailer The Gap has been quietly closing stores in Canada for the past several years. U.S.-based audio equipment retailer Bose will reportedly shutter all of its 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. 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 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. Well, it’s true. Experts weigh in, Pier 1 closing all of its stores in Canada, All Carlton Cards and Papyrus stores closing within weeks, Things Engraved CEO blames online retailers such as Amazon for company's demise, Lowe's to close 34 underperforming stores across six provinces, Hudson's Bay Co. reports $226M third-quarter loss, revenue edges down, Pattie Lovett-Reid: Tips from experts to take control of your finances, Retail sales rise 1.3 per cent to $55.2 billion in November as online shopping surges, P.E.I. The long closing saga started in 2011 with the sale to Target, and has finally come to an end. Today in, coronavirus sucks.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 across both the United States and Canada … Have found many of the stores have limited choices online compared so what was in stores and every time a size or texture is wrong there are fees and a hassle of returning, not progress! The closures add to the shuttering of 31 Canadian Lowe's and Rona locations, including 27 stores and four other facilities, announced in November 2018. In January 2020, Retail Insider also reported the once-popular jeweller Links Of London was planning on closing all five of its Canadian stores in the coming year. British Columbia. The company wasn’t paying rent on its stores for months during the COVID-19 shutdowns and sources are saying that several more Canadian units will be shuttering under the Gap, Banana Republic, and Old Navy banners. Below, an evolving tally of store closing updates. As of 2020, 10 stores have been closed across Canada. The closures include all Ontario stores except for one each in the Ontario towns of Port Colborne and Cobourg. A Lot of jewelry and kitchenware chain stores already went bankrupt and are not listed??? teen is first person under 20 to die from COVID-19 in province, At least 1 in 3 COVID-19 infections are asymptomatic, study suggests, O'Toole defends decision to oust controversial MP Derek Sloan, Supporters' words may haunt Trump at impeachment trial, Dramatic bodycam footage of woman and dog saved from ice, Death on the Lake: A woman's death raises dark suspicions, This bundled-up Bernie meme has the entire internet talking, Police rescue woman and dog from icy waters. 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