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Pages in category "Companies that have filed for bankruptcy in Canada" The following 107 pages are in this category, out of 107 total.
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 .
Aeropostale Canada – subsidiary of the United States-based retailer Aeropostale, closed all 41 stores in Canada in 2016; A&A Records – founded in Toronto at the end of WWII, it was the dominant record chain store in Canada until being superseded by Sam the Record Man in the 1960s; it became defunct in 1993
The Companies' Creditors Arrangement Act [1] (CCAA; French: Loi sur les arrangements avec les créanciers des compagnies) is a statute of the Parliament of Canada that allows insolvent corporations owing their creditors in excess of $5 million to restructure their businesses and financial affairs.
The Phoenix-area stores (which were owned by The RoomStores of Phoenix, LLC), the last remains of the chain, were closed in 2016. [258] rue21 announced plans to close around 400 stores in April 2017. [259] The company filed for Chapter 11 bankruptcy on May 16, 2017, [260] and emerged from bankruptcy in September. [261]
This page was last edited on 27 September 2019, at 08:29 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
The Owen Sound location was due to close on December 20, 2013. As of November 2013 there are just 88 Kelseys locations left in Canada, primarily in the province of Ontario. As of October 2024 there are 67 Kelseys locations, 65 in Ontario, one in New Brunswick, and one in Newfoundland and Labrador. Kelseys logo used from 2005 to 2015
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