Founded in 1926, the mid-range fashion company will restructure options as they “look to optimize its retail footprint in Canada to emerge from this process in a stronger state” including closing all its Thyme Maternity and Addition Elle chains, laying off roughly 1,400 workers out of their 6,800 employees. Bed, Bath & Beyond The retailer’s other brands include Buy Buy Baby, Cost Plus World Market, Harmon Face Values, Christmas Tree Shops and Decorist. Weddings have glasses engraved, anniversary gifts from year one to 50; you name it. The Toronto and Ottawa locations shut their doors and closed up the Canadian brand in January 2020. Closing Date. 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. 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. Shutterstock. They have been closing locations since 2013. 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. 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. Thanks, Children’s Place Is Closing in Canada Except America. Is Canada any different than anywhere else? Bestseller’s 5 multi-brand stores including Noisy May, Y.A.S., Only, Selected and other brands were closed in February 2020. Amid financial turmoil and investor woes, the company has not been able to hold its market share amongst competitors who are launching new innovative designs. 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 … Correction: This list was last updated at 4.00 pm on December 31, 2020 to change the number of store closures so far in 2020 to 15,542stores. Jenn is a bilingual seasoned writer, traveler, news junkie and self-proclaimed foodie. It seems small retailers are still pushing forward in 2020. Brands like Lush, Simon’s and Apple are some of the top online retailers for Canada for 2020, according to the annual Leger “WOW” study. The Links Luxury brand of London is closing all Canadian locations in 2020. Unfortunately, if you don’t find a storefront, this retailer does not sell online. Today, online shopping is down with no information on whether consumers can purchase via their portal anytime soon. If you are a fan, they are still operating online. The Canadian brand Rona, was purchased by Lowe’s back in May, 2016. 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. Walmart is closing or has already closed at least 22 stores in the US and Canada this year. In June 2020, the coffee giant said it will close up to 400 company-owned stores in the U.S. and Canada over the next 18 months as it rolls out new-format stores … The gia This brand had recently been opening stores as early as 2017. 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 RONA in Brockville, at 550 Stewart Boulevard and the Lowe's in Cornwall, at 950 Brookdale Avenue will close by January 31, 2020. Again, the idea is to drive performance. 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. For lovers of this brand, it looks like their online presence has been shut down. The Alien 28. 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 … And don’t worry, we hate spam too! The audio equipment retailer is closing all of its 24 Canadian stores as their products “are increasingly purchased through e-commerce”. I should click on her name! 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. All of its stores in the country, including White House Black Market, will permanently close. It was the seventh consecutive monthly gain due to higher sales at food and beverage stores, … 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. At the end of 2019 Lowe’s announced the closure of 34 under performing stores across Canada, including 26 Ronas, 6 Lowe’s, and 2 Reno-Depots. 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.". La Senza founded in Quebec in 1990 is set to close 17 more stores in Canada in 2020. Experts say consumers are looking for locally sourced, ethically produced and environmentally friendly products, where we find them and the easiest way to purchase them will drive where brands are found. By The Staff Global News Posted ... Feb. 19, 2020. Lowe’s Prince George. Reports that Walmart will soon close and leave only curb-side pick-up available to customers are false, the company has confirmed to Daily Hive. 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. 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. 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 one door closes a digital portal opens, or something like that. Canada's Most Trusted News. Before the pandemic hit, the home goods retailer planned to turn 40 of its stores into empty big boxes by March 2020. Another 20 stores were marked for closure from the other … Microsoft said Friday it is permanently closing its physical stores around the world. 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. Winnipeg-based women’s retailer is liquidating its chain of 169 stores including Alia and Tan Jay. 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. (Luke Sharrett/Bloomberg/Getty Images/CNN). As of July 2019 Miniso Canada had received protection from its creditors under an order from the Supreme court of British Columbia. Also more and more people working from home require less hence no car sales no huge clothing expense. The latest news is the future of the entire chain is currently at risk. Teens across the country can remember walking past the Place Ville Marie location on their way to the train dreaming of the day they could afford to shop there. One of these will open in Montreal in the spring amidst a $400 million expansion plan. In Canada, seven locations in British Columbia, Alberta and Ontario will be closed. They are not just closing Canadian stores, but all of their retail storefronts in the US, Canada, Europe, Japan and Autstralia. The fashion and footwear retailer for tall women is shutting down – including around a dozen stores across Canada. Some of the main henchmen that can be found in Bowser's Castle are Thwomps, Thwimps, and the persistent Dry Bones. The last five locations in Kitchener, London, St. Catharines, Whitby, and Windsor. 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. The company currently has 251 stores in Canada and the closures of the chain’s less-profitable luggage stores were first announced in November 2019, BNNBloomberg reported. Bath & Body Works. With files from CTVNews.ca writers Ryan Flanagan, Graham Slaughter, Solarina Ho and The Canadian Press. 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. GraveHorizon: The series revolves aroudn toilets, not drills. mobile boutique kiosk locations. 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. The company will continue to sell online during the process. As of 2020, 10 stores have been closed across Canada. Two department stores narrowly escaped closure in 2020, but their outlook for 2021 is looking grim. For 2020 Holt’s has decided to close it’s 69 year old Edmonton location to focus on large-format store models. 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. Sun_Zhu -I am a reg who isn't a reg. 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. A Lot of jewelry and kitchenware chain stores already went bankrupt and are not listed??? The closures include all Ontario stores except for one each in the Ontario towns of Port Colborne and Cobourg. This month Wow will shut several stores but continue operating Canadian mobile kiosks. Gap, Old Navy and Banana Republic stores closing across Toronto, Peel. 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 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. This is a restructuring effort to boost profitability. Across Canada, 29 of the chain’s 60 locations will close. The store-closing list of 2020 is vast thanks to COVID-19 and a reliance on online shopping. More opportunity for Canadians to make Canadian companies to fill the gap. When asked about why big box stores could stay open while main street was effectively … They are also being innovative with four new “Store of the Future” locations with the first one opening in Point-Claire, QC. 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. Lowe's announced Monday, November 5 that they will be closing 51 stores in the United States and Canada.. You might not find your local store still available, but you can go online to find one nearby, or of course, order online. 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”. Initially launched in 2012 as an online-only brand, they were one of the first to make the jump to brick-and-mortar. In 2018 the retailer closed down 29 of its locations and the trend continues coming into the end of 2019. The Carlton Cards and Papyrus online stores will remain open. These locations were a test aimed at evaluating customer response to new retail formats and were opened in 2015. Starbucks says it will be closing up to 200 of its 1,400 stores in Canada over the next two years. 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. 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. It doesn’t look like Holt Renfrew is leaving storefront retail anytime soon, they are just making some adjustments. The company said in a statement the plan is, ‘to right-size their operations by closing unprofitable stores. Who hasn’t won a BOSE speaker at a corporate event? Don’t despair, most of your favourite brands are still available online. 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. Here are the stores Lowe’s is closing in Canada in the new year. The Canadian tea retailer filed for creditor protection on July 8, 2020. It isn’t too expensive and really adds a personal touch to a frame, glass or pretty much, anything you can think of. Known for their intensely-scented Hollister stores and preppy/ trendy clothing, Abercrombie announced that it would be closing 40 locations by February 2020. 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. long-term care home, Quebec researchers say they have found an effective drug to fight COVID-19, London, Ont. In Feb. 2019, Canadian retailer Hudson’s Bay announced it would be closing all Home Outfitters locations -- including 37 stores across Canada. Stock up on Perfect Peony body splash now: Bath & Body Works&apos parent company, L Brands, announced in May 2020 that 50 locations in the United States, as well as one store in Canada, will close in 2020. Kids have been stopping at Things Engraved in malls across the country since 1982 getting Love You Mom engraved on a picture of themselves, or teenaged lovebirds engraving the name of their special somebody on a necklace charm. 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. After opening their doors in Canada in 1928, the end of an era has finally happened. They will not be investing in real estate. 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. The largest concern, according to the survey, was competition from Canadian online retailers. The educational materials retailer announced on July 10 that it is closing 13 stores across the country and has filed for creditor protection. Le Château: After 60 years in operation, the Montreal-based clothing … 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. One clear response was that 40% of small businesses would be investing in e-commerce activities. Their "slow, quiet death," as CNN put it, comes after decades of declining sales as competitors Walmart, Home Depot, … Commentdocument.getElementById("comment").setAttribute( "id", "ac27e18335742ce31cf4733bd4cbe897" );document.getElementById("e5f9c67c73").setAttribute( "id", "comment" ); Hundreds of stores that middle to low income families need to use but Holt Renfrew is surviving??? Jeremiah Rodriguez 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. Please update this list. 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. That’s a lot of bath mats, bed sheets and potholders. the online activities,” read the company statement. It will close at least 29 stores in Canada (complete list) as part of its restructuring plan. Don’t worry, if you are a fan you can still buy online. How will you know if your favourite chain is next? Victoria’s Secret and Bath & Body Works. The health and nutrition retailer announced June 23, 2020 that it has filed for bankruptcy in the US. Well, it’s true. As always, they also offer online shopping. Canadian iconic retailer, “La Vie En Rose” still operating across the country. “They’ve been sort of left to languish in the middle of the market.”. 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. 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. 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. They market the brand as high quality for a low price. Even with its growth analysts have said it needs to offer more to customers these days in a competitive and growing space. Their stores in London, Winnipeg and Moncton will remain open and act as regional distribution centres. The men’s clothing and formalwear company announced on August 3 that they are filing for Chapter 11 protection as part of “creating a leaner and more nimble structure to adapt to the realities of today’s retail environment”. A newly created company (TS e-commerce Ltd., Canada) will focus on the most relevant parts of the business, i.e. The Retail Council of Canada (RCC) representing small retailers produced an insight report into the pulse of small businesses in 2019. 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. With climate change and a world of digital messaging, this brand was bound to take a hit. Holt Renfrew has been a staple Canadian luxury brand for many years. The brand is synonymous with quality and innovation, including sunglasses that are earbuds. 2999 Massey Dr., Prince George. 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”. The stores are all franchised, so it will remain to be seen what stays open and what closes. “Pier 1 is pursuing a sale of the Company and has commenced Chapter 11 proceedings in the U.S. to facilitate a sale process. The Chinese company positions the brand as “Japanese Lifestyle” with products available from stuffed toys to furniture. Engage in respectful discussions on the U.S. election on our dedicated Facebook page, Use of this Website assumes acceptance of Terms & Conditions and Privacy Policy, Published Thursday, February 20, 2020 10:21AM EST, Follow CTV News Channel for ongoing breaking news, according to online publication Retail Insider, Why are so many big retail stores closing? The last two remaining Zellers locations closed this year. In January and February 2020, stores in B.C., Alberta, Saskatchewan, Ontario, Quebec, and Nova Scotia will close down. Customers have until Jan. 15 to order a delivery to one of the pick-up and order locations, and until Jan. 29 to pick up a delivery. 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. Lowe's Canada announced on November 20 that after strategically reviewing its operations, 34 underperforming stores will be closed to optimize the Lowe's network. 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. She has a passion for telling a great story and sharing with a broad audience. The loss of these locations will inevitably cause less choice for consumers, especially in rural locations without online purchasing options. RONA Surrey (Newton) 6965 King George Blvd., Surrey. Although they have announced closures for 2020, an exact number is not available. RONA Surrey (Newton) 6965 King George Blvd., Surrey The parent company of Kay Jewelers and Zales said it would close more than 150 stores locations in fiscal 2020 amid declining store traffic. 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. 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. The Gap: San Francisco-based fashion retailer The Gap has been quietly closing stores in Canada for the past several years. The Montreal-based luggage and bag retailer is reportedly shuttering 88 stores in Canada and cut 422 jobs, several outlets reported in December 2019. Those stores remained closed until May 19, when The Children’s Place began reopening locations in 10 states. I believe that once the majority of sales go to e-commerce the companies will have more and more returns due to quality issues. Again, as with most other closures, you can still buy online. Two chains indicated Wednesday that they will be closing their Canadian locations, another sign of changing times within the retail industry. Other companies such as Green Earth, Payless, and Home Outfitters have already called it quits in Canada over the past year. Feb. 19, 2020. Here is a look at some of the major retail closures announced in Canada in 2020, both before and during the pandemic. The giant 'Bay' store in Winnipeg, already hurting from changing shopping habits, has now succumbed to COVID. 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. Guess what? But stores that are closing are offering neither of those things, he said. Gap didn’t disclose how many of its 230 upcoming North America store closures would be in Canada, The Canadian Press reported. Back in March, the San Francisco-based fashion retailer announced it was shuttering almost half of its brand locations across the world over the next two years. HelloFresh vs Goodfood Meal Kit Comparison, Goodfood Meal Kit Review (2 Years in Review). 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. This follows a handful of Bose’s other standalone store closures in Canada. Why is this happening now and what role does online shopping have. The parent company of retailer Gap made an announcement in February 2019 that they would close over 230 stores around the globe. Just remember, all sales are final. It’s up to you, the consumer, where you spend your dollars. 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). They are still selling online and continue to operate over one hundred stores in Canada. 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. What Canadian hasn’t had a special gift engraved for a special person in their lives? Claire de Lune was founded by the two Levy brothers in 1996 and launched their online presence in 2008. One of the last great vestiges of retail in Canada is set to close. 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. Customers today want sustainable products and the highest level of customer service. MINISO Canada is continuing to serve customers as usual at its stores. So who sends cards anymore? Surplus will be spent on exercise, health and recreation in the home. CTVNews.ca Writer. The closures will mostly affect mall locations. So stay tuned for more about top international brands in fashion, fitness food and beverage and entertainment retailers opening soon. On the same day, the owner of apparel store Bench's Canadian operations confirmed to BNN that all 24 locations would be closed. Amid some controversy the retailer has stores open across the country and has made no further announcements of closures. Lowe's Canada will be closing 34 'underperforming' stores in 2020. In November 2019, the home renovations retailer Lowe’s announced it would close 34 “underperforming” stores across six provinces, CTV News reported. CEO Shawn Black told CTVNews.ca the company had been unprofitable for several years and couldn’t compete with online retailers such as Amazon. 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. 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. “Often times what we find is that these are not brands that have necessarily carved a distinct … piece of the market,” he said. Not surprising. People will have to put the energy and exercise of shopping into other addictions like home gyms etc. 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. The world see the big retail stores disappearing or in process of becoming history Bath Body. The Supreme court of British Columbia that the chain ’ s 60 locations will inevitably less!, news junkie and self-proclaimed foodie Earth, Payless, and home Outfitters have already called quits... 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