Montreal-based retailer Frank and Oak says it plans to close the majority of its stores across Canada by May 7 as it seeks to find a buyer.
The move follows a December 2024 legal process where Frank and Oak filed a notice of intention to restructure and avoid bankruptcy.
It is unclear how many employees could be impacted, but court documents show Frank and Oak has 150 workers, including at its headquarters and retail locations. Of the roughly 14 stores in Quebec, Ontario, and British Columbia, 10 are planned to shut down and will feature liquidations.
Elisabeth de Gramont, a spokesperson at Frank and Oak, tells Global News that as of now, the stores facing closures include:
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- Place St. Foy in Quebec City
- Carrefour Laval in Laval, Que.
- Cordova St. in Vancouver
- West 4th St. in Vancouver
- Dix30 in Brossard, Que.
- Stanley St. Men’s and Women’s in Montreal
- St. Viateur Men’s and Women’s in Montreal
- …