European sports activities retailer Decathlon is closing 1 / 4 of its Canadian shops later this summer season attributable to a “altering” retail panorama.
The corporate is closing its places in Brampton, Burlington, Markham, Vaughan and Scarborough this summer season, with a ultimate date nonetheless to be decided. The corporate stated it intends to maintain its different 15 places, that are primarily in Quebec.
“We are going to proceed to remain agile and adapt our retail choices to finest serve Canadian sport lovers,” Jérôme Morice, chief working officer at Decathlon Canada, stated in an e mail. “Decathlon is dedicated to creating sport extra accessible to everybody irrespective of the place they reside, and this implies exploring all avenues that meet our prospects the place they’re and persevering with to supply high quality service.”
After the shops shut, Toronto-area prospects will nonetheless be capable of purchase on-line and the corporate is trying to pace up the supply course of by way of wholesale distribution and smaller shops.
Hudson’s Bay receives approval on the market of three leases
Retailers are in hassle and there is extra to come back
It has been a difficult 12 months for
retail in Canada
, as Hudson’s Bay Co.,
the Beer Retailer
, Frank and Oak, Toys “R” Us and Peavey Mart have both shut down or closed some places.
• E-mail: bcousins@postmedia.com
