Brandon’s David’s Tea location at Shoppers Mall will permanently close its doors, the Montreal-headquartered chain announced as part of a statement this past week on a wave of permanent store closures.
The move is part of a restructuring under the Companies’ Creditors Act and a shift toward online sales according to the statement published on the store’s website. The sole surviving Manitoba location is at Winnipeg’s Polo Park, joining just 17 others in the country.
Earlier this month the chain had shared that it intended to significantly reduce its store footprint by 82 in Canada and close all of its USA outlets. This past week’s announcement more than doubled that number of Canadian closures to 166. As a whole the company reported losses of $23.2 million across its operations on $146.5 million in revenue in 2019.
The move represents the latest wider wave of corporate closures to impact the local market amid the COVID-19 pandemic. Earlier this summer, health and wellness retailer GNC included Brandon on its list of more than 200 locations in Canada and the USA that would not re-open. Women’s clothier Alia N Tanjay is in the process of winding down operations at its Brandon store alongside many others across the country under Nygard Group of Companies.
Shoppers Mall Brandon, which estimates say saw traffic inch closer normal in July
The mall welcomed the additions of Scorteus Leather and a Brandon Public Library satellite location as it marked its re-opening in May. Traffic at the facility has progressed closer to normal levels according to estimates shared in parent Morguard REIT’s quarterly corporate earnings this past week. Following traffic pegged at just 30% of normal in May, approximate traffic is said to have rebounded to 80% of normal in June and then 90% in July.