Tag: penningtons calgary
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Why did Thyme Maternity closing?
The company plans to permanently shutter 131 stores as it looks to optimize its retail footprint following creditor protection. After filing for creditor protection two weeks ago, the company announced on Monday that it will liquidate its inventory for the two brands in anticipation of…
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Is Reitmans going out of business?
Reitmans has closed 18 stores in 2020, continuing its protracted retreat from bricks-and-mortar retail that has shuttered more than 200 of its stores across multiple banners in five years. On top of the financial issues, the company also lost its veteran chief executive Jeremy Reitman,…
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What stores are closing in 2020 in Canada?
Sail. The outdoor retailer has 14 stores across Ontario and Quebec and employs 1,800 has filed for bankruptcy protection and announced on June 4, 2020 that it will be closing 4 stores (Quebec City, St-Hubert, Laval and Kirkland in Quebec and Vaughan and Etobicoke in…
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Is RW and co going out of business?
Tisi will be leaving the Company effective today, August 6, 2020. As part of its restructuring process under the Companies’ Creditors Arrangement Act (the “CCAA”), the Company has already announced the closure of Thyme Maternity and Addition Elle. Simply so, Can you use a Reitmans…