(CANADA) – Today the Hudson’s Bay Co. said that they will be closing down their housewares chain Home Outfitters across Canada.
Hudson’s Bay Co also announced they will be completeing a “fleet review” of one of it’s other retail chains “Saks OFF 5th”. That chain has 133 locations in Canada and the USA. It is believed that about 20 stores in the USA will close their doors once the review is completed.
Canada is home to 37 Home Outfitters locations and all will be closed by the end of this year, 2019. Most of the communities that have a Home Outfitters location presently, also have a HBC store near.
The amount of job losses has not been released yet, but the company did thank employees in a statement.
“Further streamlining our retail portfolio enables even greater focus on our businesses with the strongest growth opportunities,” CEO Helena Foulkes said. “We know this news is difficult for our associates. We are grateful for their ongoing efforts to serve our customers and we will work to find opportunities within HBC for impacted team members where possible.”