The company will continue to sell online during the process. 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. Here are 14 major retailers that are planning to close 100 stores or more. ( Here's the list of 40 stores … J.C. Penney: 242 locations (See the list of the first 154 stores set to close.) 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. 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. Aéropostale. Its online store will remain open, but all sales are final and no returns or gift cards will be accepted. 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. When one door closes a digital portal opens, or something like that. The store closures just keep coming, from Dressbarn, CVS, Party City, Pier 1 Imports and more. Some locations are independently owned and will remain open, but the vast majority will be out of business by May 29, 2020. 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. Get the weekly email summary of our independent reviews and resources to help keep you informed, safe and connected, for free. The Links Luxury brand of London is closing all Canadian locations in 2020. 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. Here is a look at some of the major retail closures announced in Canada in 2020, both before and during the pandemic. Just remember, all sales are final. Initially launched in 2012 as an online-only brand, they were one of the first to make the jump to brick-and-mortar. The long closing saga started in 2011 with the sale to Target, and has finally come to an end. Again, the idea is to drive performance. 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. The company was founded 32 years ago by CEO Tony Aronson and his father. Leon's Chairs, coffee table, massage table, trolley, hot stones and heater, wax supplies and wax heater, microdermabrasion machine, display cabinet, shirodhara equipment, and much more. Commentdocument.getElementById("comment").setAttribute( "id", "aa9fc466e732497898bf9055449c01fc" );document.getElementById("e5f9c67c73").setAttribute( "id", "comment" ); Hundreds of stores that middle to low income families need to use but Holt Renfrew is surviving??? A Lot of jewelry and kitchenware chain stores already went bankrupt and are not listed??? Check store hours and get directions. 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. 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. 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. Learn more about, We may earn a commission when you buy through links on our site which supports, Companies’ Creditors Arrangement Act (CCAA). She has a passion for telling a great story and sharing with a broad audience. mobile boutique kiosk locations. Bed Bath & Beyond - They're just looking at closing 40 stores for the time being but many are afraid that is just the start of it. 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. Retail Insider reported in February that the Canadian subsidiary of the Danish company was shutting five of its Bestseller branded stores. Even with its growth analysts have said it needs to offer more to customers these days in a competitive and growing space. 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. The audio equipment retailer is closing all of its 24 Canadian stores as their products “are increasingly purchased through e-commerce”. And don’t worry, we hate spam too! 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. Guess what? Who hasn’t won a BOSE speaker at a corporate event? The company has since filed for creditor protection. So far in 2020, two locations in Kentucky have gone out of business. Don’t worry, your massive Ikea location that you can get lost in and have a fabulous swedish lunch is not closing. Winnipeg-based women’s retailer is liquidating its chain of 169 stores including Alia and Tan Jay. The test has concluded and the swedish furniture giant has evaluated this is not the direction they will be taking. 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. Cards are still being manufactured, and will still be available at distributors and through their online store. Well, it is a very sad trend to see the big retail stores disappearing or in process of becoming history. 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. This month Wow will shut several stores but continue operating Canadian mobile kiosks. They are also being innovative with four new “Store of the Future” locations with the first one opening in Point-Claire, QC. Bath & Body Works: 50 stores. The company indicated it would close some stores, but did not specify how many. officials reveal the latest COVID-19 modelling data, filed for insolvency and plans to close its 28 stores. In a 2019 conference call, Pizza Hut executives announced that hundreds of its stores would be closing in the near future, including this year. Squish opened its first store in 2014 in Laval, Que. Bestseller Canada: The company that operates Jack & Jones and Vero Moda filed for creditor protection June 2. Solarina Ho One of these will open in Montreal in the spring amidst a $400 million expansion plan. Canadian iconic retailer, “La Vie En Rose” still operating across the country. 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 last two remaining Zellers locations closed this year. Ten Thousand Villages: On Jan. 21, fair-trade retailer Ten Thousand Villages announced its plans to shutter many of its stores. The Chinese company positions the brand as “Japanese Lifestyle” with products available from stuffed toys to furniture. They operate in three major Canadian markets, Toronto, Ottawa and Montreal. The closures are part of Ascena’s Chapter 11 bankruptcy proceedings in the U.S. and restructuring plans in the wake of the pandemic. CTVNews.ca Writer, Ryan Flanagan Wearable sensor can measure cortisol hormone levels: study, 'The giant among giraffes': The legacy of Canadian biologist Anne Innis Dagg, Girl accidentally discovers 220M-year-old dinosaur footprint, 'Malcolm & Marie' a self-indulgent study of creator and muse, A look at a Black-run historic barbershop in Quebec City, Jeffrey Epstein fund abruptly halts payouts to victims, Tracking every case of COVID-19 in Canada, Jeffrey Epstein's ex-girlfriend blames her arrest on his death, Warning: Barrie police takedown posted online, LIVE: B.C. The shoe retailer based in Vancouver announced on April 8, 2020 that it was closing its 18 stores across British Columbia. Read more: These major retailers are closing stores in 2017. 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. 8) and Sewell (141 Tuckahoe Road) will close this year. 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. 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. Also more and more people working from home require less hence no car sales no huge clothing expense. It seems small retailers are still pushing forward in 2020. 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”. 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. You might not find your local store still available, but you can go online to find one nearby, or of course, order online. La Senza founded in Quebec in 1990 is set to close 17 more stores in Canada in 2020. 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. 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. 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. 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. 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. Founded in 1909, Canada’s largest photography retailer will be closing its stores in Coquitlam, Langley, and Victoria, BC andand in Brampton, Markham, Nepean, and Sudbury, ON permanently. For 2020 Holt’s has decided to close it’s 69 year old Edmonton location to focus on large-format store models. Eight O'Charley's shut down over the last weekend in June 2019, says Nation's Restaurant News. "It's just not a viable business any longer," one Hallmark store owner told the Forest Park Review . As with many other brands the press release from corporate stated an inability to operate a sustainable business model in a challenging retail environment. You control the trends, and you control what big brands need to provide to keep your experience what you desire and deserve. 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. The newest trend for 2020 will be the implementation of technologically advanced window displays to drive traffic to brick and mortar locations. Even the Pier 1 Canadian website says so. GNC plans to close up to 20% of its 5,800 retail stores, which amounts to as many as 1,200 locations across the United States this year. 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. The parent company of Kay Jewelers and Zales said it would close more than 150 stores locations in fiscal 2020 amid declining store traffic. Only three stores will remain open – London, Ont., Winnipeg and Moncton – and act as regional sales and distribution centres. Ontario Premier Doug Ford is ordering all non-essential stores and services to close starting Tuesday at 11:59 p.m. in an attempt to slow the spread of COVID-19. People will have to put the energy and exercise of shopping into other addictions like home gyms etc. The parent company of retailer Gap made an announcement in February 2019 that they would close over 230 stores around the globe. They are not just closing Canadian stores, but all of their retail storefronts in the US, Canada, Europe, Japan and Autstralia. What Canadian hasn’t had a special gift engraved for a special person in their lives? 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”. Only four locations in London, New York City, Sydney, and Redmond, Wash. will remain as “reimagined” physical spaces. The company reported that it had 7,449 location across America and that the total “could dip down close to 7,000” in the coming years, meaning the closure of about 750 restaurants. 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. Abercrombie & Fitch Known for their intensely-scented Hollister stores and preppy/ trendy clothing, Abercrombie announced that it would be closing 40 locations by February 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. According to the company’s website, there are four Ann Taylor, nine Loft and 37 Justice stores in Canada. At least 16 Hallmark stores are closing in the first half of 2020. How will you know if your favourite chain is next? TORONTO -- The “athleisure” market has become a lot more crowded since Bench started in Manchester. It’s up to you, the consumer, where you spend your dollars. Over the coming weeks, Carlton will close 76 Canadian locations. In total, 13 Canadian locations slated to shut their doors. The combination of forced closures, decreased consumer spending and limited rent relief measures has left some retailers unable to maintain their existing operations. One clear response was that 40 % of small businesses would be investing in e-commerce activities Express or other centre! 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