Retail

Tokyo Smoke Exits Creditor Protection, Most Locations Unaffected By Restructuring
Retail

Tokyo Smoke Exits Creditor Protection, Most Locations Unaffected By Restructuring

“The majority of Tokyo Smoke's retail locations were unaffected by the restructuring, and there will be no disruption or change to the Company's online business.”

Retail

Vandyk-Owned Van Mills Retail Centre In Mississauga Sold Via Receivership

​The Van Mills Centre retail plaza was owned by Vandyk Properties and was placed under receivership in February 2024.

Retail

Tokyo Smoke Seeking “Interested Bidders” Weeks After Announcing Restructuring

Tokyo Smoke’s parent company has initiated a stalking horse bid, which means that the company stands to be bought out in an effort to maximize the value of its assets.

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.

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.

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.

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.