Vancouver company Shoes.com has announced it will be shutting down operations effective Friday. All three of its e-commerce properties — SHOES.com, OnlineShoes.com and ShoeME.ca — went offline today, and its brick-and-mortar stores in Vancouver and Toronto also closed. Once a rising star of the Canadian e-commerce scene, Shoes.com now says it currently intends to assign some or all of the group companies into bankruptcy. A limited group of staff will stay on through the next few weeks as Shoes.com winds down all operations. CEO created Clearly Contacts as wellIt was headed by CEO Roger Hardy, who also founded Clearly Contacts in 2000 and was hoping to replicate some of its success with SHOES.com.

Source: CBC News January 28, 2017 01:48 UTC