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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.
LW Stores, Inc. was a retailer which liquidated consumer merchandise through 94 outlets across Canada and three in the United States. It also provided store-closure sales management and solved asset recovery problems in a professional manner for the financial services industry, insurance companies, manufacturers, and other organizations.
Jewelry, gifts, home decor products, sporting goods, electronics, toys. Service Merchandise was a retail chain of catalog showrooms carrying jewelry, toys, sporting goods and electronics. The company, which first began in 1934 as a five-and-dime store, was in existence for 68 years before ceasing operations in 2002.
Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. [2] However, fierce competition and an inability to adapt during the early stages of the retail apocalypse resulted 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.
Loblaw Companies Limited is a Canadian retailer encompassing corporate and franchise supermarkets operating under 22 regional and market-segment banners (including Loblaws), as well as pharmacies, banking and apparel. [3] Loblaw operates a private label program that includes grocery and household items, clothing, baby products, pharmaceuticals ...
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These combined closures amount to about 29% of the brand's stores. The parent company divested itself of La Senza in January 2019, which was further affected by the retail apocalypse. [315] Vitamin World, a retailer of vitamins and health supplements, filed for Chapter 11 bankruptcy on September 12, 2017.