La Senza: Canadian fashion retailer La Senza, known for its intimate apparel, is said to be closing 17 stores in Canada in the near future as parent company, Regent, downsizes the chain. It is America’s second-largest chain of its kind, following Home Depot. Gap Inc. announced Feb. 28 it would close roughly 230 stores over two years. Read more here. By the end of 2020, it expects to close up to 10 locations, leaving 28 Victoria's Secret stores remaining in Canada. The company says in an email that the move was part of the brand's commitment to "thoughtfully and decisively" address stores that are underperforming. 34 stores that are seen as underperforming will be closed in early 2020. ... process with plans to close 300 stores by 2020. The parent company of Kay Jewelers and Zales said it would close more than 150 stores locations in fiscal 2020 amid declining store traffic. Some retailers also are opening new stores while closing locations including Bath & Body Works and Abercrombie & Fitch. It sells gels, lotions, perfumes, candles, incense, and pretty much anything that smells good that you can put in your house or on your body. Signet also closed 262 stores in fiscal 2019 as it looks to refocus its business on e-commerce. PIER 1. In its third-quarter earnings report, Lowe’s said it would close 20 underperforming stores in the U.S. and another 31 in Canada as the company makes changes under new CEO Marvin Ellison. The Lowe's in the Northgate Mall is set to close Feb. 19, 2020 according to the company. A bunch of home improvement stores will be closing across Canada soon. Walmart Closing Store at Toronto’s Cedarbrae Mall This month, Walmart is closing its store at the Cedarbrae Mall in Toronto. The shopping centre, owned and operated by First Capital Realty , is located in Scarborough and also features anchors Canadian Tire, No Frills, JYSK and Goodlife Fitness, as well as a range of stores catering to the local community. They will be closing 315 stores worldwide – 95 of them in Canada. TORONTO -- The owner of greeting card retailers including Carlton Cards and Papyrus is closing all of its stores in North America, including 76 Canadian locations. Stores closing in 2019: Up to 45. The parent company of Kay Jewelers and Zales said it would close more than 150 stores locations in fiscal 2020 amid declining store traffic. These companies are closing locations in 2020. In June 2018, PetSmart decided it needed restructuring advisors to handle its $8 billion debt problem. Lowe’s was first started in 1921 in North Carolina by Lucius Lowe. The children’s retailer is reimagining its business for the era of online shopping: It’s shuttering 300 stores by 2020, boosting inventory productivity, growing e-commerce to 20% of sales, expanding its presence on Amazon and spreading its international wings. If you're used to taking your kids to The Children's Place to get them clothes for back-to-school, be warned that your store might be gone by the next school-shopping season. Lowe's Canada announced the closure of 34 stores across Canada, including one in north Regina. Issues with steep promotional pricing in Canada was cited as one of the reasons for Mexx’s demise. Bye Bye: List Of Stores Are Closing in 2020 Lowe’s** is a home improvement store whose main competitor is Home Depot. This comes after five stores closed in October and 48 stores earlier this year. Bye Bye: List Of Stores Are Closing in 2020 Bath & Body Works** is a bath shop chain that is the largest of its kind in the US. The company has already hinted there will be additional closures to come in 2020 and beyond, as it works to whittle away at its massive real estate footprint. Stores closing in 2020: 450. Number of store closings: 200 between fiscal 2015 and 2017 Resulting from a soft outlook , the children’s store plans to downsize quite a bit, and already began the downsizing process back in 2015. Lowe’s said the closures would take effect by Feb. 1, though it likely kept many of them open through the holidays to take advantage of the shopping season. In a release, Lowe's Canada — which also owns RONA — said the 34 stores slated to close … The pet goods retailer has more than 1,500 stores in the U.S., Canada, and Puerto Rico. The Lowe's in the Northgate Mall is set to close Feb. 19, 2020 according to the company. Lowe's store closings and Rona store closings are happening in six provinces. Kmart: 45 closings were announced for February 2020. 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