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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.
TOPSHOP (originally Top Shop) is a British fast-fashion company, which specialises in women's clothing, shoes and accessories. It was part of the Arcadia Group, controlled by Sir Philip Green, but went into administration in late 2020 before being purchased by ASOS on 1 February 2021.
Topman is a UK-based multinational men's fashion retail brand founded by Burton Group (later renamed Arcadia Group) in 1978. Along with its women's clothing counterpart Topshop and the rest of Arcadia Group , Topman went into administration in late 2020.
As of 2024, the retailer has switched to an online-only model, after closing its last location in Orlando, Florida on January 2, 2024. [31] Art Van Furniture, which had 300+ stores across the Midwest, announced on March 5, 2020, that it would close all stores. The company was founded by Archie "Art" Van Elslander, who opened the first store in ...
Burton is a British online clothing retailer, former high street retailer and clothing manufacturer, specialising in men's clothing and footwear. The company was a constituent of the FTSE 100 Index, but became a trading name of Arcadia Group Brands Ltd, part of the Arcadia Group.
In May 2019, Arcadia Group confirmed it planned to close multiple stores across the UK, US and Ireland with the possibility of further closures worldwide. [41] [42] Many stores across the UK were set to close including Topshop's flagship store on London's Oxford Street and up to five Topshop stores closing including the branch in Swindon. [43]
A&A Records – founded in Toronto at the end of WWII, it was the dominant record chain store in Canada until being superseded by Sam the Record Man in the 1960s; it became defunct in 1993 A&B Sound – home electronics retailer based in Richmond , BC; founded in 1959, it had expanded as far as Winnipeg , Manitoba by 2000, but its subsequent ...
The proportion spent online soared to the highest on record in April 2020 at 30.7%, which compares with the 19.1% reported in April 2019. [94] All 60 Cath Kidston stores to close after collapse. [95] On April 30, Oasis and Warehouse permanently close all their stores and online shopping with the loss of more than 1,800 jobs. [96]