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According to a press release sent to Narcity, SAIL, which owns major outdoor stores, made the decision following a "strategic analysis" of its activities.The Sportium stores in Laval, Saint-Hubert, Quebec City and Kirkland will be closed for good.This announcement also applies to two SAIL stores in Ontario, namely those in Vaughan and Etobicoke.The retailer states that "the many upheavals" of recent years in the retail industry and the consequences of the COVID-19 health crisis have taken a major toll on the company. The restructuring will see it end the Sportium brand by closing locations in Quebec City, St-Hubert, Laval and Kirkland at the conclusion of a liquidation sale that will start in a few days. The company, founded more than 40 years ago, will focus on 12 remaining Sail locations, including eight in Quebec and four in Ontario, as well as its e-commerce business.
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Bed Bath & Beyond Closing Stores, Cruises Prepare to Sail.
Tuesday, the company revealed its increasing problems to the public.
A post shared by SAIL Plein Air Outdoors (@sailpleinairoutdoors) on Mar 29, 2020 at 1:00pm PDTWith debts in excess of $100 million, SAIL has decided to place itself under the protection of the Bankruptcy and Insolvency Act.A post shared by SAIL Plein Air Outdoors (@sailpleinairoutdoors) on May 4, 2020 at 11:55am PDTSportium stores in Quebec will close their doors at the end of a major clearance sale that will take place in the coming days, according to the press release.The sportium.ca website will remain in service for "a while.
Ontario stores in Vaughan and Etobicoke, near Toronto, will also close. Outdoor retailer Sail is shrinking its footprint by a third with the closure of four stores in Quebec and two in Ontario that will affect about 500 workers.
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