Retail
Retail
Tokyo Smoke To Shutter 29 Stores Amid Restructuring, Citing $29M Net Loss Last Year
The company has said that 167 locations across Ontario, Manitoba, Saskatchewan and Newfoundland and Labrador will remain operational during the creditor protection proceedings.
Aug 29, 2024
Retail
Pusateri's Owes Creditors $6.5M, Court Documents Reveal
Last week, the high-end Toronto grocery store filed bankruptcy for several locations and announced it would be consolidating operations to two stores.
Retail
Several Pusateri's Locations To Close After Bankruptcy Filings
The beloved boutique grocery store chain announced the closure of its Bayview Village, Little Italy, and Kitchen locations last Tuesday.
Retail
Feds May Start Fining Use Of Property Controls In Commercial Real Estate
The use of property controls are the focus of the Competition Bureau's investigation into Loblaws and Sobeys.
A Class In Styling: Take Your Realtor Wardrobe To New Levels
When it comes to your work wardrobe, it's about making the (very) most of it.
Industry
Buyer Found For Vandyk-Backyard Humberside Property, Under Receivership Since March
New court filings show that Vandyk-Backyard Humberside’s commercial property at 10 Neighbourhood Lane received eight offers throughout the sales process.
Development Projects
Cedar Coast Planning Langley Mall Redevelopment With 10 Buildings And 1,900 Units
Cedar Coast acquired the Langley Mall at 5501 204 Street from First Capital REIT over two years ago.
Commercial
"Let's Just Get The Deal Done": Inside The CRE Rush To Beat The Capital Gains Deadline
Both buyers and sellers were motivated to get deals done ahead of the capital gains tax change coming into effect on June 25.
Industry
Ottawa Shopping Mall Makes A Comeback From Receivership Order Issued In June
As far as receiverships go, things have taken an atypical turn for the Ottawa Train Yards, which were involved in an appointment order in early June amid allegations of a $40M debt.
Commercial
Burnaby Employment Land Study Concludes Need For 22M Sq. Ft Of Commercial Space
The employment land needs assessment also gathered feedback from developers about commercial development trends in Burnaby.
Retail
STACKT Market Signs Historic Lease And Announces Nationwide Expansion
STACKT has served as a launchpad for many small businesses and new brands who have popped up in their prime downtown real estate over the years – including Endy, Sonos, Makeway, Inkbox, and Monos.
Retail
Anthem & Streamliner Properties Set To Redevelop Carlingwood Mall In Ottawa
The acquisition marks BC-based Anthem Properties' first investment outside of Western Canada, with more to come, said the company's CEO.
Retail
Joseph Richard Group, Under Creditor Protection, To Sell Off Restaurants
After filing for CCAA creditor protection in July 2023, some or all of Joseph Richard Group's 20 businesses will now be sold as part of the company's restructuring process.
Retail
Red Lobster Files For Bankruptcy Protection, Jeopardizing Nearly 30 Canadian Stores
In what is being hailed around the web as ‘a win for lobsters,’ Red Lobster has filed for bankruptcy protection.
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