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By Kate Musgrove0 @5 m6 k4 m P
August 2, 2016
8 N* n& u% _$ MBen Moss Jewellers, a presence on the Canadian retail scene since 1910, has announced that they are going out of business with clearance sales beginning immediately. Their press release credits the "weak Canadian dollar and the soft economy in Western Canada" for their woes. Naveed Manzoor (Chief Restructuring Officer of Ben Moss) said, "After considering all of our restructuring options, including selling all or part of the business as a going concern, we have determined that this is the best course based on the challenges we are facing."
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9 ]6 d# N4 A1 W7 {Ben Moss Jewellers has 54 locations across Canada (down from 65 after they closed eleven poor-performing locations in May 2016). They have not yet stated how many jobs will be lost as a result of the closures.
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7 K4 q" t8 c# J: @7 GIf you're interested in shopping their clearance sales, use this page to find a store near you.1 {$ S, K" R0 G- N7 H: U M
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http://www.benmoss.com/store-locator |
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