It's a tough start to 2025 for Canadian retailers, as Bootlegger, Ricki's, Cleo and Frank and Oak file for creditor protection. Read more.
This article reports on the closure of all Ricki's and Cleo clothing stores across Canada as their parent company, Comark, files for creditor protection. This follows a trend of struggling Canadian retail landscape with other notable brands like Bootlegger, Frank and Oak, Toys "R" Us, The Body Shop Canada, and Bellissima also facing closures or restructuring.
The article highlights the difficult economic conditions facing Canadian retailers in early 2025.
This article reports on the closure of all Ricki's and Cleo clothing stores across Canada as their parent company, Comark, files for creditor protection. This follows a trend of struggling Canadian retail landscape with other notable brands like Bootlegger, Frank and Oak, Toys "R" Us, The Body Shop Canada, and Bellissima also facing closures or restructuring. The article highlights the difficult economic conditions facing Canadian retailers in early 2025.