Hudson’s Bay has found itself in trouble as the retailer continues to close stores around the country. Walmart is closing or has already closed at least 22 stores across 14 US states and Canada. Tween retailer Justice is permanently closing more than 600 of its U.S. stores as part of parent company Ascena Retail Group's bankruptcy.. New Jersey-based Ascena, which also … The company operated 400 stores in eight countries, with most of its locations in Canada. New coronavirus strain spreading in U.K. has key mutations, scientists say, Tracking every case of COVID-19 in Canada, Ex-Epstein pal seeks bail with US$28.5M and armed guards, Driver tries (unsuccessfully) to pull the old switcheroo, Island pilot discovers B.C. After first opening in Canada in 2015 at Square One in Mississauga, NYX Cosmetics is officially closing all of its Canadians shops. The filing came with news that the company allegedly had debts of over $12 billion. So far, Target has confirmed 53 stores across all states and territories except the Northern Territory will close. Another Canadian retailer Mendocino is closing its stores for good, as reported in July. The retail biz is getting tougher and tougher with competition heating up and the current COVID-19 pandemic that forced stores to close. Listen and subscribe to get a daily fix on the latest political news and issues. 76 Ann Taylor, LOFT, and Lou & Grey stores are closing after parent company Ascena filed for bankruptcy — here's the list . 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. Stores will remain closed for 2 weeks, and operations will be reassessed at that time. Stores closing in 2020: 738. Number of store closings: 150 by 2020 ‘These stores that we closed and will continue to close are stores that are low-volume stores for us that have been on the declining sales and profit trends for years,’ said CEO Sam Sato in the earnings call. Filing for protection under the CCAA is truly the hardest decision we have had to make as an organization in our almost 100 years of history, but this pandemic has left us no choice,” Chief Executive Officer Stephen Reitman said. Surprisingly, Muji U.S.A. filed for Chapter 11 bankruptcy this year. The retailer announced that it would “reduce its store footprint by up to 450 locations” in North America in order to lower its expenses and to “better align its business with the current operating environment.” And just a month after the original statement, the retailer announced that all 67 Canadian Pier 1 stores will be closing. In November 2018, GNC officials had announced that they would close up to 900 stores over the next three years in the U.S. and Canada as leases expire and in … The 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. British Columbia. Aéropostale. More than half of these stores are … The retailer reportedly had more than 1,500 stores in the U.S. and Canada under all its brands as of August 2019. Aéropostale, the teen clothing retailer has announced the closure of 113 U.S. locations and 41 stores in Canada. Links of London: Luxury brand Links of London had planned a major Canadian expansion as recently as 2016, but only ever opened five stores in the country and announced Jan. 10 that all stores will be closed, according to Retail Insider. — Tom Harrington (@cbctom) March 17, 2020. Montreal-based ALDO, the parent company of GLOBO, Aldo Shoes, and Call It Spring, obtained creditor protection in May 2020. The company announced recently that its stores will be closing this September . And the retail apocalypse has already claimed many victims in 2020. Store closures in 2020. Feb. 19, 2020. The latest retailer to find this out is Stage Stores, the owner of Gordmans off-price stores and a bunch of other regional brands, including Bealls, Goody's and Peebles. Luckily, you can still shop the brands pieces online or at the Niagara Outlet Collection. Then sign up to become an SDInsider. Starbucks says it will be closing up to 200 of its 1,400 stores in Canada over the next two years. Retail Insider reported in February that the Canadian subsidiary of the Danish company was shutting five of its Bestseller branded stores. It operates more than 1,500 stores in North America and Kuwait. Walmart is shutting down 269 stores as the company tries to cut costs and focus on e-commerce. 2020-07-23T20:49:43Z The letter F. An envelope. Two stores are in eastern Ontario. Henry’s: Cranbrook Glen Enterprises Ltd, the parent company of the Toronto-based camera and accessories chain, filed a NOI (Notice of Intention) in May. Things Engraved: On Jan. 14, the head of Kitchener, Ont.-based retailer Things Engraved announced plans to shut all of its 73 stores. The company said the last few months have forced it to re-evaluate its business and customer experience in malls. gets COVID-19 vaccine. Scholar’s Choice also filed for creditor protection through a notice of intention to propose a reorganization plan to restructure the company. Victoria’s Secret’s parent company, L Brands, said in May that it plans to close 251 stores in the US and Canada in 2020. and has 19 stores across Canada in addition to one in the U.K. Mendocino: The Toronto-based women's wear brand announced July 21 that it has filed for insolvency and plans to close its 28 stores across the Greater Toronto Area to focus on online orders as part of its restructuring. According to the company’s website, there are four Ann Taylor, nine Loft and 37 Justice stores in Canada. January saw many store closures in 2020. Hopefully this isn’t a glimpse of the future of Hudson’s Bay. Notably, Ascena also owns Lane Bryant, LOFT, Lou & Grey, and Justice. That’s why we throw the biggest shopping events across North America and bring you all the latest news in fashion, retail, and shopping. As its parent company Regent plans to downsize the chain, La Senza will be closing 17 stores across the country. Stores closing in 2020: 45 The home of the Blue Light Special first opened under the name Kmart in 1962. The company has since filed for creditor protection. Gap Store Closings 2020: Full List Of Locations Closed. The company, which has also filed for creditor protection, said the new retail landscape has forced it to “re-evaluate” its business and that the COVID-19 pandemic worsened an already challenging retail market. It said it was also filing for Chapter 15 bankruptcy in the U.S. which has also filed for creditor protection, closing nearly all of its 83 physical stores, close all stores under its Thyme Maternity and Addition Elle banners, close 13 of the 38 Victoria's Secret stores in Canada, closing all of its stores in North America, according to online publication Retail Insider, As 2020 retail closures accumulate, thousands more expected, As companies reopen, 'main street' stores in urban cores need help, Joly says, More showrooms, digital mirrors among ways COVID-19 may change retail, First doses of COVID-19 vaccine to be administered to Alberta health-care workers beginning Tuesday afternoon, Just for Laughs founder Gilbert Rozon acquitted of rape and indecent assault, Canadian fashion mogul Peter Nygard arrested in Winnipeg under Extradition Act, Master sailor from Manitoba goes missing after falling overboard, says military, Karla Homolka, after moving again near Montreal, can't expect privacy: Quebec Press Council, Canada's mass COVID-19 vaccination rollout expands, Plea from Quebec nurse with COVID-19: Skip Christmas, LIVE as they happen: Updates on COVID-19 from across Canada, Ont. EXPERT SAYS ‘CATASTROPHIC’ TREND IS UNFOLDING WITH STORE CLOSURES DUE TO COVID-19 . 13. "We regret the impact this will have on our people and can assure you that we explored all options available to us prior to taking this difficult decision," the company said. Bath & Body Works. 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. It recently announced a slew of store closings ahead of 2020, though there will be a few new opening locations as well. In November 2018, GNC officials had announced that they would close up to 900 stores over the next three years in the U.S. and Canada as leases expire and … Lowe's Canada will be closing 34 'underperforming' stores in 2020. It emerged from bankruptcy in October. You may be eligible for a new tax deduction, It's been 3 years since Barry and Honey Sherman were found dead. 2173. Madeline Stone. The closures will mostly affect mall locations. 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. Calvin Klein. By Dawn Geske 01/27/20 AT 3:52 PM. The company indicated it would close some stores, but did not specify how many. It’s said that this is part of the brand’s strategy to adapt and grow its online presence. 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. With files from CTVNews.ca's Jeremiah Rodriguez, Brooklyn Neustaeter and The Canadian Press, In this Aug. 6, 2020, file photo, a customer leaves a Pier 1 retail store, which is going out of business, during the coronavirus pandemic in Coral Gables, Fla. (AP Photo/Lynne Sladky, File). Carlton Cards and Papyrus: 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. 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. Dollarama said earlier this year that it planned to open fewer than 4 new stores over the next year. Victoria's Secret's parent company, L Brands, said in May that it plans to close 251 stores in the US and Canada in 2020. The … The global coronavirus pandemic’s impact on the economy is still ongoing. The company operated 19 stores in total, eight in British Columbia, seven in Alberta, two in Manitoba, and one each in Saskatchewan and Ontario. In June, Addition Elle and Thyme Maternity announced that stores will permanently close in Canada. According To An Insolvency Notice, The company is said to be closing “all or substantially all” of its stores. Unfortunately, the Yorkville space is following in the footsteps of the Pink Tartan Bayview Village location that closed several months ago. © Copyright STYLEDEMOCRACY 2017- 2020. The store which resides at 60 Bloor Street West has been in that same location for over 30 years now. 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. Iconic Montreal retailer Le Chateau filed for bankruptcy in October, after 60 years in business. Bestseller Canada: The company that operates Jack & Jones and Vero Moda filed for creditor protection June 2. 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. CTVNews.ca Writer, Ryan Flanagan Henry's; The Source A check-in on the public mood of Canadians with hosts Michael Stittle and Nik Nanos. The company also said that it anticipates that stores will reopen when it’s safe to do so, however, Canadian stores had already been dwindling prior to the government-mandated closures of non-essential businesses. Closing Date. It closed down 166 Canadian locations and 42 in the U.S. Upload credit : davidstea | Instagram Website Garage/Dynamite Montreal-based Groupe Dynamite filed for creditor protection in September, closing an unspecified amount of North American stores. In an effort to restructure, stores across the U.S, Canada, Puerto Rico, and Mexico will close. H&M is closing 250 stores next year because of the coronavirus pandemic, as people increasingly shop online. L.A. based denim company Lucky Brand has filed for Chapter 11 bankruptcy. 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. Be the first to find out about the warehouse sales, sample sales, and pop-up sales that StyleDemocracy hosts. 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. 18 Apple Way, Ashford, AL. As of yet, no store closures have been announced. TCP wants to refocus on expanding its sales on Amazon and growing its international business, says Forbes. Quebec-based sporting goods retailer SAIL Outdoors Inc., which operates SAIL and Sportium has just filed for bankruptcy protection. Tween retailer Justice is permanently closing more than 600 of its U.S. stores as part of parent company Ascena Retail Group's bankruptcy.. New Jersey-based Ascena, which also …