Hudson’s Bay announced it will close the operation in February 2021. ... 2020 1:05 pm EST. International retailers with stores in Canada are also filing for bankruptcy protection and are looking to close stores in Canada. You won’t wear a mask maybe you will get sick and see that because you didn’t wear a mask you are on a ventilator germs are everywhere whylet your germs infect others while others wear a mask to protect you?just common courtesy. Some fashion retailers have been hit particularly hard given the purchase and delivery cycle. Bed Bath & Beyond stores closing list. Wear a mask and keep everyone safe! One of the last great vestiges of retail in Canada is set to close. One retailer Retail Insider spoke with said that her familyâs retirement plans were already in jeopardy and that it might make more sense to shut down stores rather than take the risk of restocking for the fall. At the end of November 2019, home improvement chain Loweâs Canada announced that it would be shuttering stores across Canada in order to improve overall performance. Starbucks: Last month Seattle-based coffee retailer Starbucks announced that it was closing approximately 200 locations across Canada as the company restructures its operations and looks to the future. Things are constantly changing and not all things last forever. Totally selfish attitude. The list of store closings â¦ Do you think businesses intentionally put up hoops for the sake of driving their own business away for fun? Chicoâs has announced that it will be closing up to 250 stores in 2020. ... Itâs the first step in eventually shutting down all 123 of its stores across Canada. 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. Davidâs Tea: Montreal-based Davidâs Tea filed for bankruptcy protection on Wednesday. Below, an evolving tally of store closing updates. The company has 20 stores and is reportedly looking at closing 17 of them, leaving two stores in Quebec and one in Ontario. What does wearing a mask have to do with that? The COVID-19 pandemic hastened plans for international companies to close stores in Canada and abroad. Chicoâs. The store's nostalgic 90s-themed pop-up shops â which were supposed to run until April 2020 â will also close. The pandemic puts a speed to things, but that’s no different than if another world war breaks out or if a global natural disaster to hit. Lole: Montreal-based athleisure brand Lole, considered to be a competitor with Lululemon, which filed for bankruptcy protection in May and shut its corporate stores in Canada and globally (franchised locations are still open according to a former store manager). The home improvement store said in a press release the locations are underperforming. When government support for rents and staffing costs is reduced or eliminated, the pace of closures will likely increase. Toys Toys Toys: The Toronto-based toy retailer filed for bankruptcy this week and all product is being liquidated. Ignore the internet trolls and their anti mask message. There are fears that if left vacant it will become an eyesore. And at the same time, there is good news from some retailers worth mentioning. The giant ‘Bay’ store in Winnipeg, already hurting from changing shopping habits, has now succumbed to COVID. Your Favourite '90s Clothing Store Is Closing. Stage Stores, which owns Gordmans, Bealls, and Goodyâs, has closed all 700 locations. Sir, How will this impact REIT. Developers have explored the possibility of conversion to condos or apartments but decided also that costs would be too high. The huge Hudson's Bay department store has been a landmark fixture in downtown Winnipeg for over 90 years, but it will soon be closed and its future in doubt, another victim of changing consumer habits and of COVID ( Trevor Brine-CBC), By Marc Montgomery | I predict that you will see many "luxury brand" stores closing and going back to depending on wholesale to retailers like Holt Renfrew, Harry Rosen and Saks Fifth Avenue. Major costs including rent and staffing were part of the challenge, not to mention increased costs associated with sanitization and PPE. The Lowe’s in Shawnessy, which employs 118 people, and the Rona in Midnapore, which employs 35, are scheduled to shut their doors Jan. 31, 2020, along with 32 … Loleâs filings indicated that the company has about $47 million in debt. The company has 124 stores in Canada. That includes luxury brands in the Toronto and Vancouver markets, which are said to be seeing record-breaking sales numbers in some instances. Trouble ensued as we reported last year amid claims of fraud, and the problems have continued since then.Many franchised Miniso locations were â¦ The companyâs stores include Vaughan Mills, Square One Shopping Centre, Erin Mills Town Centre, Scarborough Town Centre, and Oshawa Centre. COVID-19 was the reset button that retailers needed. The struggling Victoriaâs Secret brand has been quietly shutting down some of its stores in Canada.. A blood pressure machine at the Columbia, Pennsylvania Kmart, as seen on June 23, 2020, has a "Do ...[+] Not Liquidate" sign posted on its screen. Canada's Most-Read Online Retail Industry Publication. That includes closing nine stores in Ontario, three in Alberta and one in Nova Scotia. I won’t buy anything at a store if I have to wear a face mask to enter, sorry. Macyâs. The Gap to Close Bloor Street Flagship Store in Toronto in... Italian Luxury Brand âIsaiaâ to Open Canadian Flagship Store in Toronto... Online Vintage Retailer âThrowback Vaultâ Opens 1st Physical Store in Toronto with Expansion Plans, L.L.Bean Maps Out Aggressive Expansion with 4 New Store Announcements for 2020. If the trend continues, the future of some commercial areas could be in question, even popular areas such as Torontoâs Danforth and Beach areas for example. Save my name, email, and website in this browser for the next time I comment. The company entered Canada in 2017 and had plans to open about 500 stores as part of an ambitious expansion. We reported extensively on the filing last month. One well-known broker in Toronto explained that many retailers are now seeking percentage rent lease deals, while some landlords are insisting on terms in executed leases which includes enumerated rents due. The closures will affect 34 underperforming Loweâs and Rona stores, with all listed stores expected to â¦ As a person who had a decade of retail experience from the mod 90s to early 2000s and have been working directly in healthcare since, I could not stress the importance of PPE to everyone including customers and retail staff. The list of store closings … In March of this year, Frank And Oak co-founder Ethan Song left the company. Correction: This list was last updated at 11.00 am on November 15 2020 to change the number of store closures so far in 2020 to 14,464 stores. Several Peopleâs Jewellers locations are said to have closed permanently and the future of the Mooreâs menswear chain is in question as US parent company Tailored Brands struggles. Refusing to wear a mask is for sure Stupidity, but it also serves no purpose….. standing your ground to not wear a mask is like standing your ground to not wear "Pants", it’s completely arbitrary. The company launched as an online menswear brand in 2012 and began opening stores after that, and in 2017 launched womenswear that included some standalone womenâs stores. American home improvement giant Loweâs announced the closure of 34 stores across Canada, ... Eleven of the 12 stores set to close in Quebec are under the Rona ... Calgary. The future of the entire company is in question and it remains to be seen what happens with other locations in the coming months. It’s an encouraging sign. S.E., Calgary. Many retail stores in particular have been hit hard by the downturn. All store locations are considered to be exceptional and landlords are likely going to be able to find strong tenants to replace Microsoft in these malls. 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 over the next two years. The value of commercial properties in Canada will in many cases be reduced due to vacancies as well as unpaid rents, all of which will impact owners and shareholders. Lowe's announced Monday, November 5 that they will be closing 51 stores in the United States and Canada.. This is extremely unfortunate. Victoriaâs Secret operates massive flagship stores in downtown Vancouver and Montreal as well as stores in malls across the country. It remains to be seen how many units in Canada will ultimately close or what the future of the brand will be. Good. Gap. Vancouver-based RYU Apparel has shut its mall-based stores in suburban Toronto and Vancouver as well as a unit near Robson Street, and weâre awaiting future details on the company. Spring collections saw significantly fewer sales as consumers stayed at home for much of the season, and now many retailers are considering their options as fall collections are coordinated for delivery. Just look at our neighbour the USA and how many cases of Covid are there because people buy into these absurd conspiracy theories and don’t wear masks. Do you want to go to work putting yourself and others at risk? When I’m out right now my local malls seem to be fairly busy. A Winnipeg landmark occupying an entire block with 675,000 square feet of retail space or over 15 acres, Â it once employed thousands of people.Â However, now down to only 60 employees, in recent years as sales slowed it began closing floors and the basement, and now only two floors remain open. Henry’s announced that it would be closing 7 stores as a result. Jan. 31, 2020. Toronto based Henry’s Cameras (Cranbrook Glen Enterprises) announced that it would be seeking protection from creditors as it filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act. The global coronavirus pandemicâs impact on the economy is still ongoing. The company says that in the fall designer brands will be moved back into Simons' stores. Given the thin margins that many restaurants operate with, closures and reduced capacity have impacted some that have already closed while others will struggle and eventually shutter over the summer or into the fall. Trouble ensued as we reported last year amid claims of fraud, and the problems have continued since then. RONA Calgary (Midnapore) 14815 Bannister Rd. Perhaps ask the associates that work in those stores, that wear a mask all day for you to be able to shop. Like many of the then giant department stores, it was more than just a store, it was a centre of the community. This was another chapter in the golden age of huge department stores spread across the nation and lasted until about the 1960’s when people began moving to the suburbs and a very slow decline began. On Tuesday, news reports noted that Authentic Brands Group and landlord Simon Property Group were looking to buy Lucky Brand. â Tom Harrington (@cbctom) March 17, 2020. The company acquired Canadian chain Tall Girl in 2009 which had nine stores at the time, and there is an opportunity for other retailers to bridge the gap in terms of stocking larger-sized clothing and footwear. Quebec City-based La Maison Simons, which lost Canada Goose as a vendor last year, has removed designer apparel from its stores for the time being. The fast-fashion giant filed for bankruptcy in September of 2019 and immediately began plans for closing down at leastâ¦ In February the president of retail Claude Sirois was let go. Here's Why Walmart Is Closing Down Stores. Miniso: Chineses variety retailer Miniso, which positions itself as a Japanese brand, has been closing some stores across Canada.The company entered Canada in 2017 and had plans to open about 500 stores as part of an ambitious expansion. Montreal-based IvanhoÃ© Cambridge laid off 60 employees last month including COO Roman Drohomirecki. (Here's the list of 40 stores that closed â¦ Retailers that are still operating are also experiencing challenges at this time. Ben Sherman: The UK-based menâs clothing brand Ben Sherman is closing two of its stores in the Toronto area, including a unit on Queen Street as well as at Vaughan Mills. Truly, we all need to support all of our retailers where and when we can. As for me, I don’t mind waiting but my patience is tested on people who don’t obey proper signage or goes into a minimal capacity store and spend in excess of half an hour pulling out over a dozen items only to walk out a store with a single item or empty handed. Chico’s has announced that it will be closing up to 250 stores in 2020. I hope business picks up for the retail stores, after all they employ many Canadians and provide them with a living. You have entered an incorrect email address! This long list of stores closing in 2020 includes the ever-growing number of retailers that have filed for bankruptcy, closed locations, or both. Many retail stores in particular have been hit hard by the downturn. Me I wonât regardless of how my actions impact other and we is showing human compassion to all. Please don’t be ignorant and selfish, Lets all work together so we can get through this very difficult time. Other large retailers are making major staffing cuts. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner. Boycott all nonsense. 2020 was already set to be a tough year for many retail stores before the pandemic, as 2019 saw a record number of permanent store closures.Even as retail stores shift to online and curbside pickup, 2020 is on pace to break that record for store closing. In January, officials said 20 of the 40 Bed Bath & Beyond stores scheduled to close would be delayed until the first half of 2020. Prior to COVID-19, many retail chains in Canada were struggling amid debt and the pandemic has in effect sped up the process by creating further financial challenges. The Gap: San Francisco-based fashion retailer The Gap has been quietly closing stores in Canada for the past several years. Le Chateau: On Monday evening, Montreal-based Le Chateau issued a press release with its earning statement noting that the company may not survive another 12 months without outside investment. Given the number of international retailers operating in Canada, the loss of locations will have a profound effect on landlords and will result in substantial job losses. Some locations that are currently open, including a Miniso store on Robson Street in Vancouver, are for sublease. The companyâs restructuring will allow Scholarâs Choice to remain a going concern with a strong online sales focus. Over the past several weeks numerous national retail chains have filed for bankruptcy protection and some have either already closed stores or are in the process of doing so. Stores closing in 2020: 738 It's hard for regional discount department stores to hold their own against national giants Walmart, Target and Kohl's. Let people who refuse to go anywhere without a mask stay at home. 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. But this does not â¦ Anyone who thinks that are not only showing their ignorance to the highest degree, bit also rudeness to immuno-compromised or respiratory folks. The store began a closing â¦ Long Tall Sally: The womenâs fashion and footwear retailerâs international business is winding down and with it, all Canadian stores have shuttered. The content on this website is protected by the copyrights of Retail Insider Media Ltd. or the copyrights of third parties and used by agreement. 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. I’m old enough to remember when this happened to the retail industry in the 90’s. 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 … Frank And Oak: Last month Montreal-based fashion retailer Frank And Oak filed for bankruptcy protection with about $19 million in debts.