NEW HAMBURG, Ont. — Ten Thousand Villages Canada announced on Jan. 21 the closure of its corporate operations, including the head office and distribution center in New Hamburg, as well as wholesale operations, 10 company stores and its Canadian online store.
In all, 14 stores are closing, and eight will remain open.
Mennonite Central Committee Canada made the “difficult decision” to close the enterprise, according to the announcement. The anticipated last day of retail operations is May 29.
Despite efforts to respond to a challenging retail environment, Ten Thousand Villages Canada has been “unable to achieve the level of sales that would continue to provide us with the ability to operate a sustainable business model,” according to the announcement.
Unlike company-owned stores, some Canadian stores are owned and operated by separate boards, and eight have the means to remain open.
The 10 company stores will begin closing in March. Four other stores are closing but have not determined when that will be.
In the United States, Ten Thousand Villages counts 56 branded stores owned by the corporation or local boards.