Bentley informs creditors it plans to close less profitable luggage stores
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 27/11/2019 (2173 days ago), so information in it may no longer be current.
MONTREAL – Baggage retailer Bentley says it has formally notified creditors of its plan to close some stores as it restructures its operations.
The Montreal-based company says its profitability has been hurt by changing consumer behaviour, disruptions from internet shopping and the challenges associated with operating more than 250 stores across the country.
Bentley Leather Inc. says it is confident the new plan will “better position the company moving forward.”
The company says it is in the process of analyzing each store’s performance and will close less profitable locations while keeping most of the stores.
In the meantime, it says business will continue as usual, including its Black Friday sale.
Founded in 1987 in St. John’s, N.L., Bentley has grown to be one of the largest Canadian retailers of luggage, handbags, business bags and travel accessories.
This report by The Canadian Press was first published Nov. 27, 2019.