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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 .
Town Shoes, owned by DSW, announced on August 29, 2018 that all of its stores in Canada would close. The stores shut down by early 2019. [276] Toys "R" Us filed for Chapter 11 bankruptcy in September 2017 with over $5 billion in debt. [277] [278] It announced that its Canadian subsidiary would seek bankruptcy protection in parallel proceedings ...
Polymer Corporation – sold to NOVA Corp and then Bayer AG. Radio Shack (Canadian division) – electronics store. Seagram – spirits and wine. Target Canada – closed because of a $2.1 billion loss for Target Corporation. Terra Transport. Towers Department Stores – department store chain; acquired by Zellers.
Le Château Inc. is a fashion company, currently owned by Suzy's Inc. The chain was founded in 1959 in Montreal, Quebec, Canada and designed, imported, and retailed women's and men's apparel, accessories, and footwear. [ 3] In 2015, the company generated sales of about CA$ 237 million. [ 1] The company operates in 57 Suzy Shier stores, before ...
A&B Sound. Adilman Building. Agnew-Surpass. Aikenhead's Hardware. Les Ailes de la Mode. The Aladdin Company. Army & Navy Stores (Canada) Ayre and Sons.
The first Fields store was established in Vancouver in 1950 by the chain's founders, Joseph Segal [1] and Saul "Sonny" Wosk. From there, Fields grew to eight stores by the time it opened a store at Capilano Mall in North Vancouver in 1968, continuing to expand across British Columbia into the 1970s with the acquisitions of several regional retailers (including several small HBC stores in ...
Payless ShoeSource Worldwide, LLC[ 3] (formerly known as Payless ShoeSource Inc. ), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation ...
Roots Corporation ( doing business as Roots) is a publicly held Canadian brand that sells apparel, leather bags, small leather goods, footwear, athletic wear, and home furnishings. The company was founded in 1973 in Toronto, Ontario, by Michael Budman and Don Green. In 2015, Roots was sold to Searchlight Capital Partners LP, an American ...
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