“Overall, what I’m thinking, having talked to brokers, landlords, retailers, we are starting to see closures in the summer here. 14 major U.S. retailers closing 100 or more stores 1. 20°C . Godiva closing 128 stores in North America, including all 11 in Canada Posted January 24th, 2021 by Brahm Canzer & filed under Part 1 Business in a Global Environment , Part 3 Management: Empowering People to Achieve Business Objectives , Part 4: Marketing Management , Part 6 Managing Financial Resources . Published Wed, Apr 29 2020 1:14 PM EDT Updated Wed, Apr 29 2020 5:04 PM EDT. The brand helped create the “fast fashion” trend, but it wasn’t enough. Godiva closing 128 stores in North America, including all 11 in Canada COVID-19 has been far from sweet for Godiva, which has decided to sell or close its stores … BREAKING: Hudson's Bay has made the decision to temporarily close all its stores, effective immediately. The days of the mall are limited and covid has only expedited the eventuality of the “mall” culture. Thing is, internet is where its at now. JCPenney will close 15 additional stores in spring after closing 150-plus stores since filing for bankruptcy. Bed Bath & Beyond Inc. plans to close 200 stores or 21% of Bed Bath stores over the next two years. All non-essential retail stores, including hardware stores, alcohol retailers and those offering curbside pickup or delivery, will be forced to close by 8 p.m. Chico’s has announced that it will be closing up to 250 stores in 2020. Approximately 200 stores will close over the next two years. The company had previously said it would close up to 200 of its locations in Canada over two years. But depending on things like a second wave, we don’t know where that’s going to go. With government programs expiring, including the provincial eviction moratorium, tenants will realize how weak their financial positions are. Lowe's announced Monday, November 5 that they will be closing 51 stores in the United States and Canada.. A spokesperson for Starbucks Canada has confirmed to Dished that the company will be closing up to 300 stores across the nation by the end of March as part of its next phase of store transformation. The retailer also says it will begin rolling out an internet-based home-delivery service starting in December. Victoria’s Secret and Bath & Body Works. The huge Hudson's Bay department store has been a landmark fixture in downtown Winnipeg for over 90 years, but it will soon be closed and its future in doubt, another victim of changing consumer habits and of COVID ( Trevor Brine-CBC), By Marc Montgomery | The entrepreneurs believe Canada has the potential to become a fashion powerhouse and reclaim Canadian fashion from international influences. ... 170 stores in 2020, 250 stores in 2021. The stores will shutter in March 2021. www.usatoday.com However, now down to only 60 employees, in recent years as sales slowed it began closing floors and the basement, and now only two floors remain open. This was another chapter in the golden age of huge department stores spread across the nation and lasted until about the 1960’s when people began moving to the suburbs and a very slow decline began. Luxury chocolate brand Godiva is closing all of its stores in Canada Toronto has a new source for gourmet rice pudding delivery 16-year-old Toronto … 2021. “Retailers will feel more significant hardship by the end of the year. From there we’re going to see the December holiday shopping season which some retailers will look to hopefully recoup some losses and maybe keep operational. We’re going to see more bankruptcy filings.