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. You are the most stupid person I have read, so stay at home because it dates from today, in all the stores they ask for it, what do you say now? As JC Penny undergoes a turnaround plan, the company said it was closing six stores in 2020 that will shut their doors on April 24. One of the last great vestiges of retail in Canada is set to close. An appraisal last year valued the building a $0 as renovations to another purpose would cost in the tens of millions up to over $100 million, thus much more than the theoretical value of the structure. One of the last great vestiges of retail in Canada is set to close. La Senza: While now owned by Beverly Hills-based Regent, Quebec-founded lingerie and underwear retailer La Senza will permanently close about 30 of its 100 Canadian storefronts. Ascena Retail Group filed for Chapter 11 bankruptcy in July and ⦠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 | People have the right to order online or home delivery so as long as they put a mask on when they make a trip to the post office and open the door to delivery folks who put their health at risk. Loweâshas announced it will close an additional 34 stores across six provinces. Many franchised Miniso locations were said to be losing money and many have closed. Bath & Body Works. Victoriaâs Secret operates massive flagship stores in downtown Vancouver and Montreal as well as stores in malls across the country. Companies that still survive and comply to strict health guidelines for the sake of public safety tells you they are committed in what it takes to keep their business open. One industry insider said that Canada may see one bankruptcy filing per week over the summer for medium and large-sized retailers. 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. © 2020 Retail Insider Media Ltd. All Rights Reserved. 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. Good. Wear a mask and keep everyone safe! Stage Stores, which owns Gordmans, Bealls, and Goodyâs, has closed all 700 locations. Some of the 40 stores â which are located in 19 states and Washington, D.C. â have already closed or will close in the first half of 2020, company spokeswoman Jessica Joyce said, ⦠The future of GNC is uncertain and more units could close in the coming months. Keep requiring masks, keep seeing bankruptcies. The global coronavirus pandemicâs impact on the economy is still ongoing. The Bay is also closing its large Edmonton store and is said to be looking for buyers for its landmark downtown Montreal store as is the downtown Vancouver operation. One of the last great vestiges of retail in Canada is set to close. The seven Microsoft Canadian stores are all in high-profile malls including CF Chinook Centre in Calgary, West Edmonton Mall in Edmonton, Metropolis at Metrotown in suburban Vancouver, CF Pacific Centre in Vancouver, Square One in Mississauga, CF Toronto Eaton Centre in Toronto, and the Yorkdale Shopping Centre in Toronto. I encourage you to stay home indefinitely if that’s the case. Larger retailers are also looking to the future which for some will include fewer store locations. The giant retail store was opened in Winnipeg in 1926, to replace other Bay stores in the city and was designed as the flagship store of the Hudson’s Bay Company. Creation of the landmark was accomplished with two steam shovels and lots of ‘horsepower’ and wooden wagons (HBC Winnipeg archives). I never understand how so many of these stores were going to survive in a good economy, let alone during this crisis. GNC: The struggling health supplement chain will close 29 Canadian stores as part of a major downsizing after a US bankruptcy filing last month. 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. He has studied the Canadian retail landscape for the past 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees. Trouble ensued as we reported last year amid claims of fraud, and the problems have continued since then.Many franchised Miniso locations were ⦠Number of store closings: 200 between fiscal 2015 and 2017. Me I wonât regardless of how my actions impact other and we is showing human compassion to all. 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. Founded in 1919 as âCanadaâs Original Discount Storeâ, the company announced on May 9, 2020 that it would be closing its five remaining locations in Vancouver, New Westminster, B.C., Langley, B.C., Calgary and Edmonton. “Government support is simply not enough,” the retailer said. Jan. 31, 2020. 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 … 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. The COVID-19 pandemic hastened plans for international companies to close stores in Canada and abroad. All of the store closures will have an impact on landlords who will have to find tenants to replace them, or reconsider the real estate portfolio altogether. Some of the shuttered locations will be replaced or kiosks will be located nearby â last year Starbucks piloted a take-out concept in Torontoâs Financial District and more are expected to come. 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. Some of these brands are connecting directly with customers through apps such as WeChat and are selling out of some product categories that are being coveted by loyal brand fans. All rights reserved @ Radio Canada International 2018, RCI: May 21/20: Virus takes down more retailers big and small, RCI Jan 21/20: Another Canadian shopping tradition closes, RCI: Feb 18/20: Still more retail closings, CBC: Schmidt/Petz: Oct 2/20: Downtown Winnipeg Bay store to close in February, Winnipeg Free Press: M Cash: Oct 2/20: Sun sets on downtown Bay days, CTV: Rosen/Unger: ‘We’ve seen this coming a long time’- Hudson’s Bay closing the iconic Downtown Winnipeg store, Retail Insider C.Patterson: Hudson’s Bay to close downtown Winnipeg flagship store, Global News:K Hirschfield: Oct 2/20: Hudson’s Bay to close downtown Winnipeg location, Urban Indigenous singer Anachnid extends her web across Canadaâs soundscape, Asbestos: town to try again for new name to distance itself from its past. The list of store closings … Ever hear of reciprocity, if not…GOOGLE it! 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. Resulting from ⦠Other large retailers are making major staffing cuts. Miniso: Chineses variety retailer Miniso, which positions itself as a Japanese brand, has been closing some stores across Canada. Now located in Toronto, Craig is a retail analyst and consultant at the Retail Council of Canada. The struggling Victoriaâs Secret brand has been quietly shutting down some of its stores in Canada.. 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. 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. A source familiar with the proceedings told Retail Insider that all 10 Vero Moda stores will close in Canada as well as 13 of the 51 Jack & Jones locations. Davidâs Tea: Montreal-based Davidâs Tea filed for bankruptcy protection on Wednesday. The company had high expectations given the success of competitors such as Lululemon. Publications such as BlogTO seem to report almost daily on small businesses shutting in Toronto permanently, and itâs the same across the country. Perhaps ask the associates that work in those stores, that wear a mask all day for you to be able to shop. Starbucks says it will be closing up to 200 of its 1,400 stores in Canada over the next two years. While itâs challenging to quantify the number of permanent closures at this time, it appears hundreds of individual store locations in Canada will be vacated before the fall. Loleâs filings indicated that the company has about $47 million in debt. Jan. 31, 2020. The global coronavirus pandemic’s impact on the economy is still ongoing. Montreal-based fashion retailer is shuttering its 77-store womenâs plus-sized Addition Elle banner as well as its 54-store Thyme Maternity banner, reported extensively on the filing last month, we reported last year amid claims of fraud. Inside in 1926, it was not just a store for shopping, but an ‘experience’ with music and food, and beauty salons, post office, and library. I think we focus to much on being told what to do, but am convinced those anti mask comments would do anything to prevent some one they love from getting sick. There are other examples not included above that we have reported on since March of this year. It leaves a gap in terms of fashion for taller women and women with large feet, and some transgendered women have also commented online about the loss of the store. Scholarâs Choice: London Ontario-based kidâs education retailer Scholarâs Choice announced a significant restructuring this week. I won’t buy anything at a store if I have to wear a face mask to enter, sorry. The company has 20 stores and is reportedly looking at closing 17 of them, leaving two stores in Quebec and one in Ontario. Besides grocery and pharmacy retailers which have seen sales spikes while being permitted to stay open during the pandemic, some strong brands are also seeing strong sales. When I’m out right now my local malls seem to be fairly busy. Last Updated: Monday, October 5, 2020 11:00. To all you Anti-maskers, pick a "REAL" cause to support with you energy. 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. Anyone who thinks that are not only showing their ignorance to the highest degree, bit also rudeness to immuno-compromised or respiratory folks. 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. Retailers that are still operating are also experiencing challenges at this time. 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. This is extremely unfortunate. Adding to that are property taxes, insurance, and other expenses. This long list of stores closing in 2020 includes the ever-growing number of retailers that have filed for bankruptcy, closed locations, or both. "I'd say we're at about 50% of where we should be," former Walmart US CEO Greg Foran said in 2019. Anti maskers I don’t get you. Are they in trouble too? I hope retailers can find a way to turn the tide in the second half of 2020. Bed Bath & Beyond stores closing list. The landlord is said to have been looking to reduce its exposure to retail in its vast portfolio for the past couple of years and that it was looking to sell off some of its retail properties. have you changed your mind ?or are you on your sofa lying like a vegetable. Some landlords have chosen not to participate in government rent relief funding and despite offers to defer rents, the debts incurred by small businesses are in some cases proving to be insurmountable. The giant 'Bay' store in Winnipeg, already hurting from changing shopping habits, ⦠People like you are damaging this country and you should be ashamed of yourself for stirring discourse. 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. Chicoâs has announced that it will be closing up to 250 stores in 2020. 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. The company says that in the fall designer brands will be moved back into Simons' stores. Like many of the then giant department stores, it was more than just a store, it was a centre of the community. 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 … But this does not ⦠That includes closing nine stores in Ontario, three in Alberta and one in Nova Scotia. The Davidâs Tea concept stores opened quickly over the past five years and the cost of real estate proved to be a challenge. He's also the Director of Applied Research at the University of Alberta School of Retailing in Edmonton. Henry’s announced that it would be closing 7 stores as a result. But at the same time, the retail world is a perpetually evolving industry. ... Jan. 31, 2020. 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. Let people who refuse to go anywhere without a mask stay at home. Gap. This is just the latest indication of a vast change in retail which has seen many closings and even bankruptcies of once giant chains. Some retailers have struggled with credit insurance coverage for deliveries which means that some retailers could be understocked for the fall if at all. Foodservice businesses such as restaurants will also add substantial vacancies to commercial properties 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. Many have been quietly restructuring operations which has included layoffs, and some retailers will seek creditor protection in an effort to close underperforming 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. The fast-fashion giant filed for bankruptcy in September of 2019 and immediately began plans for closing down at least⦠Comark Holdings: The parent company for Rickiâs, Cleo and Bootlegger filed for bankruptcy protection last month and with that, many stores are expected to close. 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. english@rcinet.caPosted: Monday, October 5, 2020 10:11 Macyâs. GOOD! RONA Calgary (Midnapore) 14815 Bannister Rd. A total of 13 of the retailerâs 16 stores will close permanently. The companyâs restructuring will allow Scholarâs Choice to remain a going concern with a strong online sales focus. Sears itself declared bankrupt in 2018. One can agree to disagree but the strong language to support your reasons makes your valid points become a kettlebell drop to the foot. Here are the stores Lowe’s is closing in Canada in the new year Click to return to homepage. 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. 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. After filing ⦠Many stores will be closing in Canada over the summer as brands are hit hard in the wake of the COVID-19 pandemic. Seattle-based Nordstrom, which operates six full-line stores in Canada as well as six off-price Nordstrom Rack locations, for example, is undergoing a restructuring which has resulted in many management layoffs. Approximately 200 stores will close over the next two years. The home improvement store said in a press release the locations are underperforming. Due to distancing requirements and constant sanitation needs, many stores limit maximum customer capacity resulting line ups. Stores will remain closed for 2 weeks, and operations will be reassessed at that time. It’s an encouraging sign. 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. Canada's Most-Read Online Retail Industry Publication. 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. All the malls I’ve been have reduced the amount of seating space in corridors and this has caused issues for the elderly or those accompanying shoppers. (HBC Winnipeg archives). Song left the company hadnât paid landlords rent in months and will renegotiate locations... Question and it remains to be fairly busy and it remains to be fairly busy exciting new operation! Good economy, let alone during this closure, store associates will be closing Canada! The space line ups me i wonât regardless of how my actions impact other and we is human. 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