After months of speculation about its ability to continue operating, Pier 1 Imports has filed for Chapter 11 bankruptcy protection as it pursues a sale of the business. The company also said it would complete the previously announced closure of up to 450 store locations in the process, which includes the closure of all its stores in Canada.
Anthony Hurst has been appointed president, Lowe’s Canada, pending work authorization which is expected in February. He will report to president and CEO Marvin Ellison and will be based in Boucherville, Quebec.
Williams-Sonoma has launched four new e-commerce sites for Canadian consumers.
Restoration Hardware has opened its new gallery format in Toronto, featuring what it said is a blending of retail, home and hospitality concepts.
Sears Canada has launched a major repositioning of its business with a new off-price operation and a new approach to private label.
As part of its 2016 investment community meeting, Wal-Mart Stores said it plans to outline the company’s strategic framework to its omnichannel strategy, which includes continued investment in digital products and integration of Jet.com into more comprehensive Internet operations.
As it expands the banner in Canada, Hudson’s Bay Co. will open its first Quebec Saks Fifth Avenue location in Montreal, with plans calling for a fall 2018 debut.