April 10, 2025, 12:22 pm
Montreal-based apparel retailer Frank and Oak announced plans to shutter nine stores across Quebec, Ontario, and British Columbia by May 7 as part of a broader strategy to streamline operations while searching for a buyer or investor. The closures, affecting operations in multiple provinces, follow a challenging retail market environment and aim to reposition the company for future growth. This restructuring effort highlights the firm’s attempt to consolidate its business amidst economic pressures.
The Montreal-based clothing retailer filed for creditor protection late last year.
Frank and Oak, a Montreal-based apparel retailer with 150 employees, is closing nine stores in Quebec, Ontario, and British Columbia by May 7. A spokesperson did not provide details on how many jobs will be affected.
Apparel retailer Frank and Oak is set to close nine stores across Quebec, Ontario, and British Columbia by May 7. The Montreal-based company, which employs 150 people, did not specify how many jobs will be lost due to the closures.
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