The name that once stood for chic and youthful clothing will no longer be on any of their apparel. 2173. 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. As of yet, no store closures have been announced. Last Updated: Monday, October 5, 2020 11:00. Canadian Tire; Holt Renfrew; Hudson's Bay (retailer)-owned by American group, NRDC Equity Partners La Maison Simons; Winners - Canadian unit of US based parent TJX; HomeSense - Canadian unit of US based parent TJX; Marshalls - Canadian unit of US based parent TJX; Giant Tiger; Fields; Electronics stores. Luckily, you can still shop the brands pieces online or at the Niagara Outlet Collection. 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. 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. 13. Like what you’re reading? 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. At this point, more closures shouldn’t be a surprise to anyone. Gap Store Closings 2020: Full List Of Locations Closed. It recently announced a slew of store closings ahead of 2020, though there will be a few new opening locations as well. 2999 Massey Dr., Prince George. The Gap has officially announced that its Canadian flagship in Toronto will be permanently closing in January 2021. As its parent company Regent plans to downsize the chain, La Senza will be closing 17 stores across the country. The company has not confirmed which locations will be closing. Dollarama said earlier this year that it planned to open fewer than 4 new stores over the next year. Two stores are in eastern Ontario. Here's Why Walmart Is Closing Down Stores. In fiscal 2019, Dollar General is on track to open 975 stores, and for 2020, it's forecasting another 1,000 store openings, as well as 1,500 store remodels and 80 store relocations. Bath & Body Works was founded in 1990 in New Albany, Ohio, and it expanded into Canada and Kuwait in 2008 and 2010. WHICH STORES ARE CLOSING? 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. 2020-07-23T20:49:43Z The letter F. An envelope. J.Crew filed for Chapter 11 Bankruptcy in May 2020, marking one of the first major retailers to do so since the coronavirus outbreak. 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. Groupe Dynamite, the Montreal-based company that owns Dynamite and Garage, filed for Creditor Protection in September. Sail. RONA Surrey (Newton) 6965 King George Blvd., Surrey Stores closing in 2020: 738. In January 2020, Bose announced that it would be shuttering all 119 locations across North America, Europe, Japan, and Australia. CEO Shawn Black told CTVNews.ca the company had been unprofitable for several years. Helen89 / Shutterstock The Children's Place keeps shrinking. 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. The popular coffee chain plans to close 200 stores across Canada over the span of the next two years. Analyse Aktion Ataraxie. It recently announced a slew of store closings ahead of 2020, though there will be a few new opening locations as well. The beginning of 2020 will not be remembered fondly by many in the Canadian retail industry. Microsoft has seven stores in Canada, which will all be closing. The closures will affect 26 RONA locations, six Lowe's stores and two Reno-Depot brands. 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. 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. Store number. According To An Insolvency Notice, The company is said to be closing “all or substantially all” of its stores. 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 … Unfortunately, the bankruptcy means the closure of 123 stores across Canada. Start receiving our newsletters ASAP, for the trending retail news you don’t want to miss! Search underway for crew after scallop boat disappears near Annapolis County, N.S. Via/ Flickr. On a positive note, the company launched an online shopping platform, which did not exist before COVID-19. At the beginning of the year, a third-quarter fiscal report for Pier 1 Imports revealed that overall sales were down at the home retailer. In this article, Retail Insider counts well over 700 store locations that will be closing or have recently closed in this country, with news coming in daily that more stores and chains will be shuttering. It emerged from bankruptcy in October. Aldo: 200 stores (bankruptcy) Ascena Retail Group: 1600 Stores (bankruptcy) BCBG:120 stores (bankruptcy) Brooks Brothers: 75 … Panik! The technology giant has decided to close all seven of its stores in Canada, as well as most of its physical stores across the world. Payless ShoeSource - There have been suspicions and now it's confirmed that every single one of its 2,100 American stores will close by 2020. The retail biz is getting tougher and tougher with competition heating up and the current COVID-19 pandemic that forced stores to close. Loyal Bath & Body Works customers … 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. Since 2017, brick-and-mortar store closures have surpassed 20,000. 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. Stores closing in 2020: 2. The company said they are looking to 'optimize its network'. Although you may no longer be able to check out the products in the company store, NYX Cosmetics will still be available on its website and Amazon, as well as Shoppers Drug Mart, Rexall, and London Drugs. It said it was also filing for Chapter 15 bankruptcy in the U.S. The … By Dawn Geske 01/27/20 AT 3:52 PM. Most of the closures — 238 total —will be in the US. British Columbia. Via Bed Bath and Beyond / Facebook. 0 Spread the love. Although the brand enjoyed popularity in the 90s and early 2000s, they were allegedly unable to keep up with changing fashion and retail trends. September 9, 2020. And the retail apocalypse has already claimed many victims in 2020. Here are just some of the stores set to close by the beginning of 2020. This news follows the announcement that the Gap flagship in Chicago will also be closing in January 2021. 0. Lord & Taylor is a relic that has been around since 1826. Prior to the pandemic-related closures in March, Swimco had 25 locations in Ontario and Western Canada, according to a court filing. Address. With the temporary closure of all 30 Henry’s stores due to COVID-19, the retailer has seen a large impact on its sales. StyleDemocracy is North America's number one source for the latest warehouse sales, pop-up shops, and sample sales happening in your city. What type of emails would you like to receive? 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 … 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. The store which resides at 60 Bloor Street West has been in that same location for over 30 years now. GNC said it would accelerate the closing of 800 to 1,200 stores after filing for Chapter 11 bankruptcy protection. Driver tries to switch seats after being pulled over by cop. Court documents reveal what we know so far, Ontario logs more than 2,200 new COVID-19 cases for first time in pandemic, Suspects break into wrong house, apologize to victims and offer to pay for damages: Sarnia police. Swimco: Swimwear retailer Swimco is closing its door after 45 years, the family-owned, Calgary-based company announced on its website in October, marking the latest Canadian company to fall victim in what has been an extremely difficult year for retailers. Montreal-based ALDO, the parent company of GLOBO, Aldo Shoes, and Call It Spring, obtained creditor protection in May 2020. Quebec-based sporting goods retailer SAIL Outdoors Inc., which operates SAIL and Sportium has just filed for bankruptcy protection. However, Starbucks is also testing new pickup-only locations that you may see pop-up around your neighbourhood. Menü. 1/28/16 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. Suche nach: Suche. Closing Date. AAA. It’s hard to imagine that Dollarama is set to close its location after 25 years. The company filed for bankruptcy on May 10 and said it would permanently shut down all … 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. Craig Patterson, Editor-In-Chief and Founder of Retail Insider, described the trend in store closures as “catastrophic”. EXPERT SAYS ‘CATASTROPHIC’ TREND IS UNFOLDING WITH STORE CLOSURES DUE TO COVID-19 . 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. 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