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Le Château is Closing All Stores in Canada

Le Château is Closing All Stores in Canada

By Simon Hung

Le Château will be closing all stores in Canada after 61 years in business, as the company announced that it had filed for creditor protection on Friday.

The news comes three months after the Montreal-based chain had expressed doubt about their future during an earnings call and noted that they planned to seek new sources of financing.

Originally founded in 1959, Le Château currently operates 123 stores in Canada across eight provinces and the closures will affect approximately 1400 employees. Stores will remain open during the liquidation process, which the company says may start as early as next week.

Le Château is the latest retailer to close Canadian stores due to financial struggles amid the COVID-19 pandemic, adding to a growing list that includes DAVIDsTEA, Ann Taylor, Toys, Toys, Toys, Microsoft, GNC, Starbucks, Reitmans, Victoria's Secret, Pier 1 and more.

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Source: Le Château, with reports from The Globe and Mail

19 Comments

    • Not surprised to hear it. Feel bad for the 1,400 people losing their jobs though.
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    • Used to love shopping at Le Chateau when I was younger. They had nice colours and fits but sometimes it was too expensive. I remember 15 years ago a shirt was about $65? Wish everyone well who is going to be affected. Very difficult time to lose a job.
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    • I told ya's.....in the other thread.
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    • moulamou wrote: Used to love shopping at Le Chateau when I was younger. They had nice colours and fits but sometimes it was too expensive. I remember 15 years ago a shirt was about $65? Wish everyone well who is going to be affected. Very difficult time to lose a job.
      Yeah they loved to incorporate a lot of dark purple or white in their clothing, at least for mens. It's nostalgia.
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    • I have a $200 gift card to use. What are my options? Is there a way to be part of the bankruptcy proceedings and have part of that $200 returned to me?
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    • TheFrostOne wrote: I have a $200 gift card to use. What are my options? Is there a way to be part of the bankruptcy proceedings and have part of that $200 returned to me?
      LOL good luck. You are the last person in line to receive anything if there is even money left after proceedings.
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    • That's why don't redeem or buy GC for now except those big franchises like Walmart
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    • When I was visiting my aunt in Toronto last year, we went to a taping of CityLine and they gave out $50 gift cards to Le Chateau. I haven't used it yet. I know sometimes (though rarely) companies will allow you to redeem gift cards at the very beginning of their winding down. So it's off to the Rideau Centre this afternoon. Probably going to get a new belt or some accessories assuming I can use the gift card.

      Like a lot of people, a lot of my dress clothing came from Le Chateau when I was a young adult I used to love their outlet stores. You could get dress shirts for $20. I bought a matching blazer and dress pants for $150 at the outlet. As they begin to liquidate, I'll probably buy some ties.

      Like @smartie said, if you're going to buy a gift card buy it for places like Walmart, Shoppers Drug Mart, Canadian Tire, etc. I wouldn't even feel comfortable buying a gift card for Hudson's Bay right now.
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    • SenatorsFan wrote: Like @smartie said, if you're going to buy a gift card buy it for places like Walmart, Shoppers Drug Mart, Canadian Tire, etc. I wouldn't even feel comfortable buying a gift card for Hudson's Bay right now.
      Or buy a mall gift card. Yes, there is an associated additional fee (as it's really a pre-paid credit card), but at least the chances of the entire mall company going under is less likely.
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    • TheFrostOne wrote: I have a $200 gift card to use. What are my options? Is there a way to be part of the bankruptcy proceedings and have part of that $200 returned to me?
      Spend it during the upcoming liquidation sale if allowed.
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    • TheFrostOne wrote: I have a $200 gift card to use. What are my options? Is there a way to be part of the bankruptcy proceedings and have part of that $200 returned to me?
      If you can find a store that's still open I would go in and buy what you want lol.
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    • all i know the lady cashiers were full of them self there....
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    • Where will I get parachute pants now?
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    • I just got back from Le Chateau at Rideau Centre in Ottawa. The manager told me that she was told they won't begin liquidation until January with all stores shutting down by April. She said that it'll be business as usual for the rest of the year. While they'll do their usual Black Friday/Boxing Day sales she said don't expect the typical liquidation sales until the new year. As of today everything is final sale. I was able to use my $50 gift card from CityLine so I bought a bracelet, some socks, and a tie.
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    • about time. overpriced low quality okay looking clothing
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    • For those asking about the use of gift cards or store credit...i called customer service and they REACTIVATED my expired store credits, and i was able to use them - they gave me deadline of Dec 3, and i spent it this past weekend no problem. Good luck!
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    • As per their website, as of December 3, gift cards and store credits will no longer be accepted online/in stores.
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    • jennifercharris wrote: For those asking about the use of gift cards or store credit...i called customer service and they REACTIVATED my expired store credits, and i was able to use them - they gave me deadline of Dec 3, and i spent it this past weekend no problem. Good luck!
      that is nice of them...
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    • There is this La Chateau in Woodside Square.

      I used to take its shortcut into the mall. It always smelt like chemical. Never single made a purchase.
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