Yes, Stokes is closing a significant number of its stores as part of a restructuring process that began in November 2024. The Canadian kitchenware retailer is closing 45 of its 95 locations to improve profitability and focus on core operations.
“Stokes will be closing its less profitable stores while maintaining the majority of its retail locations across Canada and its head office operations in Montreal, QC. Once the restructuring is completed, Stokes will continue to employ approximately 1000 Canadians.
Full List Of UK High Street Closures Confirmed For 2025 – M&S, Poundland, WH Smith And More Say Farewell. According to a warning from the British Retail Consortium (BRC), as many as 400 of Britain's largest shops including supermarkets and department stores with a rateable value over £500,000.
Stokes Inc. is a leading tableware and kitchenware retailer founded in 1935. The Company operates its retail business from 95 stores across Canada as well as from an online store. Stokes primarily sells its merchandise under the brands "Stokes", "Thinkkitchen", "Remy Olivier" and other private labels.
Many customers commend Stokes for its wide range of kitchenware options. Additionally, shoppers note that prices are generally affordable compared to competitors and highlight instances of friendly employees providing good assistance despite some exceptions.
Stokes shift refers to the difference between the wavelength at which a molecule emits light and the wavelength at which it was excited [21]. The whole emission spectra of QDs can be detected if the excitation and emission spectra of QDs are separated by a higher distance (Fig. 9.4).
Stores Closing in the U.S. in 2025: REI Co-op, Claire's, JCPenney and More Companies Facing Financial Challenges. Approximately 15,000 stores are expected to close in the U.S. this year, according to Coresight Research.
The reason for these massive closures stems from a loss of revenue from factors such as the COVID-19 pandemic, a cyberattack in 2021, and fierce competition from fast fashion retailers. This is not the first time Comark Holdings Inc. has filed for creditor protection. They filed in 2015 and 2020, respectively.
Stores are closing due to a mix of rising operating costs (taxes, energy), increased competition from online shopping and leisure spending, shifts in consumer behavior (more value-seeking), and financial pressures from debt, leading to lower profits and bankruptcies, especially for traditional brick-and-mortar retailers. Factors like the pandemic and inflation have accelerated these trends, forcing many chains to restructure or shut down locations.
Some types of cookware — like aluminum and ceramic — are more likely to release metals into foods that are cooked in them. This is especially true if food is cooked for a long time, or if older pots are used. Stainless steel, glass, or cast iron cookware are less likely to release metals or chemicals into foods.
The name Stokes is of English origin, deriving from the Old English word stocc which means tree stump. It is believed that this name originally referred to individuals who lived near places with a cluster of tree stumps or worked in areas where trees were cut down.
Now officially confirmed: Today, Stokes Inc. has filed for court protection to restructure their business. The CCAA proceedings documents have confirmed they are closing 45 stores and only 50 stores will remain, (Ontario and Québec). Also says that the liquidation sale will run up to and including January 24, 2025.
Yes, Homesense is part of the same company as TK Maxx (TJX International), essentially offering a larger, dedicated home goods store that complements TK Maxx's homeware section, often appearing as standalone stores or combined with a TK Maxx. Think of Homesense as the "homeware specialist" for the TK Maxx family, with even more variety in furniture, decor, kitchenware, and gifts.
In 2026, the United States will celebrate its 250th birthday, also known as the Semiquincentennial, marking the 250th anniversary of the signing of the Declaration of Independence on July 4, 1776, according to Thomas Jefferson's Poplar Forest and America250.
On July 19, 1848, the first Women's Rights Convention took place in Seneca Falls, marking the beginning of the women's rights movement. On July 19, 1834, Edgar Degas, a visionary French artist, was born, revolutionizing the art world with his talent and unique perspective.
😍⚽️ What will happen in 2026: 28 March 2026: Cristiano Ronaldo playing at the Stadium Azteca. May 26, 2026: America raises 17. June 11, 2026: The World Cup begins.
