Canadian retailer DavidsTea is closing the vast majority of its stores in Canada and all of its U.S. locations following months of financial troubles and a renewed focus on online shopping.
Only 18 DavidsTea locations in Canada will reopen as 166 stores permanently shut their doors. In the U.S., all 42 locations will be shuttered.
The sweeping closures, announced Thursday, more than doubles the 82 store closures announced earlier this month.
“The new retail landscape has forced us to re-evaluate how we can bring tea to our fans most efficiently,” the company said in a statement. “While we believe in the need for evolution, change can be hard.”
The speciality tea company announced earlier this month that it would shift its business online and “significantly reduce” the number of stores while restructuring under the Companies’ Creditors Arrangement Act, the Canadian law that covers insolvent companies.
DavidsTea was founded in Montreal in 2008 and gradually expanded to malls and standalone locations across Canada. But since the pandemic forced stores to close on March 17, the company failed to pay rent on stores in April, May and June.
The shift away from brick-and-mortar businesses comes after years of challenges for DavidsTea. Last month the company reported that it lost $23.2 million on $146.5 million in revenues. Those losses include a US$4.3 million loss in its fiscal fourth quarter on US$54.8 million of revenues.
With files from The Canadian Press
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Ontario adds 151K new jobs in July, majority are part-time positions – CTV Toronto
Ontario added 151,000 new jobs in July, the country’s national statistics agency said, but the majority of them were part-time positions.
After losing more than one million jobs in a three-month time span following the declaration of the COVID-19 pandemic, Ontario added about 378,000 jobs in June. In July, employment in the province grew by 2.2 per cent.
The Labour Force Survey (LFS) released on Friday, which used the week of July 12 to 18 as a sample, said that businesses and workplaces across Canada have continued to reopen after being shuttered due to COVID-19 restrictions. At the same time, the survey was conducted while much of the province was still in Stage 2 of Ontario’s economic reopening plan.
“Although public health restrictions had been substantially eased in most parts of the country—with the exception of some regions of Ontario, including Toronto—some measures remained in place, including physical distancing requirements and restrictions on large gatherings,” Statistics Canada said.
Of the 151,000 jobs added in Ontario, Statistics Canada said that about 145,000 were part-time positions. The agency attributed that number to the fact that part-time workers were hit hardest by the shuttered economy months ago.
“This was due to a number of factors, including part-time work being more prevalent in industries that were most affected by the COVID-19 economic shutdown, namely retail trade and accommodation and food services.”
Ontario’s unemployment rate has now fallen to 11.3 per cent, down from 12.2 per cent the previous month.
In Toronto, employment also rose by about 2.2 per cent, with close to 26,000 jobs added in the city. Statistics Canada says that employment in Toronto has now reached 89.9 per cent of its February, pre-COVID-19 level.
Ontario Premier Doug Ford posted a brief message on social media Friday afternoon saying he was happy to see the July labour numbers.
“What I love are the job numbers today, 150,000 people going back to work, the premier said in a video on Twitter, noting that there is still work to do to rebuild the province’s economy.
“That is great news for the people of Ontario.”
About 419,000 jobs were gained across Canada in the month of July, reducing the national unemployment rate to 10.9 per cent.
16 new cases of COVID-19 reported in Manitoba Saturday – Global News
Manitoba public health officials announced 16 new cases of COVID-19 in the province Saturday.
That brings the total number of cases in Manitoba to 507.
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The province said Manitoba has now performed 100,074 tests for COVID-19 with 1,263 lab tests completed on Friday. The test positivity rate for Manitoba is 1.23 per cent.
The active caseload is 148 with 351 people considered recovered.
Nine people are in hospital due to the virus with three of those in the intensive care unit. The number of deaths attributed to the virus remains unchanged at eight.
Health officials say 12 of the new cases are from the Prairie Mountain health region and four are from the Southern health-Sante Sud health region.
While case investigations are ongoing, the province says a majority of today’s cases appear to be linked to known clusters in the Brandon area or close contacts.
© 2020 Global News, a division of Corus Entertainment Inc.
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