TORONTO — The last two Zellers stores, located in Toronto and Ottawa, will close in January, Hudson’s Bay Co. says. “Through the normal course of business we continually evaluate store performance and other factors,” a spokesperson wrote in an email to the Canadian Press, “and may determine it necessary to close a store.” Eligible workers will receive severance packages and where possible, HBC will explore opportunities for them within the company, the statement added. Zellers got its start in 1928 with four Ontario stores and came under HBC’s sole ownership in 1978.
HBC to close last two Zellers stores
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024