Le Chateau closing all Mississauga locations
Clothing retailer Le Chateau will permanently close all of its retail stores, including three Mississauga locations in the weeks ahead.
A mainstay in malls and shopping districts across Canada for more than 60 years, the Montreal-based company is seeking court protection from creditors to allow it to shut down and liquidate its merchandise at all locations across the country.
Stores in Mississauga that will close include locations inside Square One Shopping Centre and Erin Mills Town Centre. The company also operates an outlet store in the city’s east-end.
Le Chateau was actually one of Square One’s original stores, having opened inside the shopping centre in 1974.
According to a press release, the COVID-19 pandemic has forced the long-standing clothing store to shutter its doors.
“The retail industry faced numerous challenges due to the ongoing COVID-19 pandemic and the second wave currently hitting our communities across Canada. Its already evident impact on consumer demand for Le Chateau's holiday party and occasion wear, which represents the core of our offering, has diminished Le Chateau's ability to pursue its activities,” the company said in a statement.
“Regrettably, these circumstances leave the company with no option other than to commence the liquidation process.”
In total, 123 stores across the country will be closed and 1,400 workers are expected to lose their jobs nation-wide.
The clothing retailer says it can no longer continue its operations, and that circumstances leave the company with no option other than to start the liquidation process.
- With files from Steve Pecar and The Canadian Press
- Canadian clothing retailer permanently closing stores amid COVID-19 pandemic
- Massive Clothing Retailer is Planning to Close Some of Its Stores for Good
- A Slew of Canadian Clothing Store Locations Could Close For Good
- Health retailer to close over two-dozen stores in Canada
- Major Retailer Closing Dozens of Stores and Cutting Over 2,000 Jobs
- Thirteen tickets won a massive lottery prize in Ontario but no jackpot
- UPDATE: Brampton teen drowns in Halton Hills area
- Mississauga enters first stage of reopening as COVID-19 restrictions loosen across Ontario
- Mississauga, Brampton vaccine clinics taking place this weekend
- What's open at Square One mall in Mississauga