store closures canada

There could be bad news on the horizon for fans of Bed Bath & Beyond in Canada! New reports suggest the retailer is closing over 100 of its stores and slashing brands in order to avoid bankruptcy.

On Wednesday, the retailer confirmed its plans to lay off around 20% of its corporate employees. It also said it will close around 150 stores and slash several of its home goods' brands.

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No matter where you live in Canada, you'll have probably noticed your local mall looks a little different from how it did several years ago.

That's because so many big-name stores and businesses have said goodbye to some of their physical locations and shut down stores. Others have even said goodbye to Canada entirely.

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Oh hey there, fashionistas! Le Chateau is officially back in business, but things might look a little different this time around.

"Iconic Canadian legacy brand Le Château is excited to announce that they are back and more fabulous than ever!" said a press release from Tuesday, November 16.

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It's happening, Mickey fans. The Disney Store is officially closing its remaining locations in Canada and liquidation will reportedly begin within days.

On the store locator section of the Shop Disney website, the company confirmed that its final three stores will close on or before September 22 of this year.

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It's been a bumpy decade or so for physical retailers in Canada and many of the most iconic stores from millennials' childhoods have closed down permanently.

Thanks to the COVID-19 pandemic and related lockdowns, even more big-name brands have announced plans to either scale back their operations or say goodbye to Canada for good.

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