Wednesday, 7 May 2014

Canadian Women's Retailer Jacob Files For Bankruptcy

Montreal-based women's retailer Jacob is closing all of its stores across Canada. After 35 years of ups and downs, the company has declared bankruptcy and will liquidate its inventory throughout the spring. Media outlets all over the country are covering the story:
Click on links to read stories:
Canadian Newswire: 
Boutique Jacob Inc. files a Notice of intention to make a proposal to its creditors under the Bankruptcy and Insolvency Act
Jacob women's boutique to close stores across canada
Huffington Post: 
Fashion Retailer Jacob To Close All 92 Canadian Stores
The Globe And Mail: 
Canadian retailer Jacob files for bankruptcy, to close all 92 stores
Financial Post: 
Canadian fashion chain Boutique Jacob closing its doors across Canada
Reuters Canada: 
Canadian fashion retailer Jacob to liquidate and close stores 
Bankrupt women's fashion retailer Jacob will close all of its 92 stores in Canada