DavidsTea's shift to selling primarily online will see the chain reopen 18 stores across Canada, a significant drop from the 186 it had before it closed all of its locations when COVID-19 hit. The Montreal-based chain announced on Thursday that as part of its restructuring plans, it will only reopen 18 locations across Canada. Like many retailers, DavidsTea was forced to shut down all of its locations when the COVID-19 pandemic struck in March. According to a report from PwC, the company handling the company's restructuring, prior to COVID-19 DavidsTea had 186 locations across Canada and 45 in the U.S. "We are very pleased that the landlords for these 18 stores have offered more advantageous rent conditions to us in light of the COVID-19 pandemic," Zitella added.
Source: CBC News July 30, 2020 16:58 UTC