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Home Retailers That Are Shuttering Their Doors

Home Retailers that are Shuttering their Doors

Renowned for its kitchenware, electronic appliances and home essentials, Williams Sonoma is closing its nearly 4,100-square-foot store in the Eaton Centre, 23 years after first opening to great fanfare. In doing so, the retailer is left with just four Canadian locations, two of which are in Toronto, at Yorkdale Shopping Centre and Sherway Gardens. While no exact closing date is set, consumers will find sales of remaining stock at 50% off.

Lastman’s Bad Boy — founded by Toronto’s former mayor Mel Lastman in 1955, under the name Bad Bay Furniture — is in the midst of a massive liquidation sale after filing for bankruptcy last November. Deep discounts are now 60% to 70% off the lowest marked price storewide and apply to a diverse selection of furniture, including sofas, bedroom sets, dining tables, mattresses, electronics and more. The liquidation sale must end across the company’s entire network by Feb. 15, according to a court order.