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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.
Polymer Corporation – sold to NOVA Corp and then Bayer AG. Radio Shack (Canadian division) – electronics store. Seagram – spirits and wine. Target Canada – closed because of a $2.1 billion loss for Target Corporation. Terra Transport. Towers Department Stores – department store chain; acquired by Zellers.
The company's stores were sold to a group of liquidators, and its CEO announced that all stores would close by the end of August 2016. [264] [265] Stein Mart filed for Chapter 11 bankruptcy in August 2020 with intent to close all of its locations due to the COVID-19 pandemic. [266] Sur La Table filed for Chapter 11 bankruptcy in July 2020. [20]
A&B Sound. Adilman Building. Agnew-Surpass. Aikenhead's Hardware. Les Ailes de la Mode. The Aladdin Company. Army & Navy Stores (Canada) Ayre and Sons.
As of March 2021, there are over 33 million wireless subscriptions in Canada. [1] Approximately 90% of Canadian mobile phone users subscribe to one of the four largest national telecommunication companies (Rogers Wireless, Bell Mobility, Freedom Mobile and Telus Mobility) or one of their subsidiary brands.
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1][2][3] After a two-year-long approval process the merger was closed on April 1, 2020, [4][5][6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
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.
Target Canada Co. was the Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. Target Canada opened its first store in March 2013, and ...