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List of Canadian retail closures (21st century) Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada .
Website. www .hbc .com. The Hudson's Bay Company ( HBC; French: Compagnie de la Baie d'Hudson) is an Canadian retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and ...
The new store boasted the biggest plate-glass windows in Toronto, the first electric lights in any Canadian store, three full floors of retail space featuring 35 departments, and a lightwell that ran the full length of the store. The store's first telephone, with phone number 370, was installed in 1885.
Bookmans. Books-A-Million - 2nd & Charles. Borders Books and Music - closed all locations in 2011. Brentano's - closed all locations in 2011. Crown Books - closed all locations in 2001. Deseret Book - also operates Seagull Book. Encore Books - defunct 1999. Family Christian Stores - closed all locations in 2017.
Bath & Body Works announced the closure of 50 US stores and one Canadian store, along with the opening of 26 new stores, in May 2020 due to sales slumping amidst the COVID-19 pandemic. [ 32 ] Barneys New York filed for bankruptcy on August 6, 2019. 15 of 22 stores closed, including Barneys flagship stores in Las Vegas, Chicago, and Seattle in ...
Holt Renfrew. Hart Stores. HomeSense Canada — Canadian units of US-based HomeSense, owned by TJX. Hudson's Bay — owned by American group, NRDC Equity Partners. La Maison Simons. Lens Mill Store. Marshalls Canada — Canadian unit of US-based Marshalls, owned by TJX. Giant Tiger. Red Apple Stores.
The retailer's last Canadian stores closed four days earlier than planned in late April 2023. [87] Following the closure of the chain's operations in Canada, Doug Putman , owner of Sunrise Records and Toys "R" Us Canada , acquired 21 former Bed Bath & Beyond locations, with plans to revive the chain in Canada as Rooms + Spaces, under the ...
The National Retail Federation, the nation’s largest retail trade group, said its latest security survey of roughly 177 retailers found that inventory loss — called shrink — clocked in at an ...