Toronto Star articles, please go to: www.TorontoStarReprints.com, The Toronto Star and thestar.com, each property of Toronto Star “For several years now, the retail industry has been undergoing a major transformation characterized, among other things, by an increase in online sales and heightened competition,” said Norman Décarie, president and CEO of Sail.

Then came French sports retailer behemoth Decathlon, which is looking to open stores across Canada as part of a significant expansion. Provincial parks in Quebec began reopening for camping just this week, while Ontario provincial parks have begun “gradual” reopenings that only include day-use activities and backwoods camping.

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“Unfortunately, the consequences of the pandemic, such as the closure of stores for two months, have added further pressure on our cash flow and financial health.

The stores will close after liquidation sales and the e-commerce websites (Sail.ca and Sportium.ca) will continue to operate.

Sail has 1,800 employees, some of whom will be able to transfer to other stores or its distribution centre. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner.

MONTREAL - Outdoor retailer Sail is shrinking its footprint by a third with the closure of four stores in Quebec and two in Ontario that will affect about 500 workers.

Copyright owned or licensed by Toronto Star Newspapers Limited.

This situation is forcing us to make major decisions to ensure the company’s sustainability.”. He has studied the Canadian retail landscape for the past 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees. The closures will impact roughly 500 employees, though the company said it would make offers to transfer employees to other stores or its distribution centres. Fire & Flower grows by acquiring Friendly Stranger, Sobeys’ Michael Medline says it’s time to ‘innovate or die’.

The company hopes to turn around its retail business and restore its financial health.

Sports Experts, a division of FGL sports umbrella which includes Sport Chek, has also been innovating with glossy new store concepts such as flagship stores that have been reported in Retail Insider. The stores will close after liquidation sales and the e-commerce websites (Sail.ca and Sportium.ca) will continue to operate. The number will be reduced to 12 when two units shutter. SAIL was founded in 1981 and its first Sportium superstore opened in 2015.

Quebec-based sporting goods retailer SAIL Outdoors Inc., which operates SAIL and Sportium banners in Canada, filed for bankruptcy protection on Tuesday morning in an effort to restructure operations.

Can private equity save embattled retailers? As part of the filing, it was announced Thursday of upcoming liquidation sales and store closures of all Sportium stores, along with two SAIL storefronts located in Vaughan ON and Etobicoke (Toronto). Canada's Most-Read Online Retail Industry Publication.

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This report by The Canadian Press was first published June 4, 2020. permissions/licensing, please go to: www.TorontoStarReprints.com. Copyright © 1987-2020 Brunico Communications Ltd. All Rights Reserved. The impressive store is the first of several expected for the province as Uniqlo expands further into Canada.

Decathlon, known for its highly experiential big-box stores that some refer to as being the “IKEA of sports stores”, opened its first Canadian store in suburban Montreal in the spring of 2018.
The company saw its footprint grow to well over 1-million square feet and plans for further expansion were in place. To order copies of

Ontario stores in Vaughan and Etobicoke, near Toronto, will also close. All

Enjoy big savings on a wide selection of clothing, hunting, fishing & outdoor gear in clearance at SAIL.

on Tuesday, June 2, 2020. What led to Le Chateau closing its doors?

He is also President & CEO of Vancouver-based Retail Insider Media Ltd. Retail Insider’s website update is part of an expansion for the company which has become Canada's most-read retail industry news source. Sail stores in Vaughan and Etobicoke will close as part of the restructuring, while the Sportium brand will be eliminated — liquidation sales will start at locations in Quebec City, St-Hubert, Laval, and Kirkland in a few days, CP reported.
While its retail footprint is characterized by large-format stores meant for more experiential shopping, it also made changes to adapt to other consumer needs that disrupted the retail sector. to colleagues, clients or customers, or inquire about


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