Another retailer was killed by the pandemic. On September 9th, Groupe Dynamite, owners of the Dynamite and Garage chain filed for creditors protection and will be filing for Chapter 15 Bankruptcy in the US. It's unknown right now how many stores are going to close, but I can confirm that the one in the blog's coverage area already closed with signage intact. They operate 400 stores under both banners.
I’m starting a new series called store facts where I talk about the history of a particular location of a chain, the layout of the store and some key points about the location. I’ll be talking about the No Frills located at Dixie outlet Mall in Mississauga. This location has an interesting past as it was previously a Knob Hill Farm Food Terminal. If you are not familiar with that chain, you can view my post here . Background This location originally opened as a two-level Knob Hill Food Terminal, which was down sized a few years after it opened. Knob Hill closed down all their stores in 2001 and Loblaws brought a couple of the stores and some, like this one were converted to a No Frills franchise in 2001. I’m not too sure which decor this store had originally, but I’m guessing Smile, which it had until 2016 when it was renovated Very yellow. The store was then refreshed with the Monochrome revision of “Very yellow” in 2018. Layout Here’s a rough map of the store that I'v...
A Chapter 15 bankruptcy filing was a new one for me, lol. Jokes aside though, this is sad to hear, as always. So many companies have been adversely affected by this pandemic: not only the virus threat itself, but also all the shutdowns and restrictions that seemingly arbitrarily choose what is "essential" and what is not...
ReplyDeleteI've never heard of a chapter 15 too. According to Wikipedia, it has to do with international cases. I agree, this pandemic and shutdown impacted a lot of industries, especially retail.
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