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LW Stores

LW Stores, Inc. was a retailer that liquidated consumer merchandise through 94 outlets across Canada and three in the United States. The retailer also provided store-closure sales management and solved asset recovery problems in a professional manner for the financial services industry, insurance companies, manufacturers and other organizations. LW Stores, Inc. was known as Liquidation World, Inc. until 2010. The chain had stores in the Canadian provinces of Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, New Brunswick and Nova Scotia. It was a subsidiary of Big Lots from 2011 until its closing in 2014.

LW Stores, Inc.
Final logo used from 2011-2014.
Only logo under the LW Stores branding.
Company typeSubsidiary
FoundedOctober 1986 (1986-10) in Calgary, Alberta, Canada
DefunctFebruary 2014 (2014-02)
FateShut down due to poor sales
Headquarters,
Area served
Canada
ProductsFurniture, Food, Luggage, Clothing, Housewares, Sporting Goods, Hardware and Health & Beauty
ParentBig Lots (2010–2014)

History edit

 
Logo used when the company was known as Liquidation World

LW Stores was founded as Liquidation World in 1986 with the opening of its first store, at 3900 29 St NE, in northeast Calgary, Alberta, Canada. The chain had grown to be the largest liquidator in Canada, with more than 1,200 employees in outlets and offices across Canada. The company began operating stores in the United States in the early 1990s. Most U.S. stores were opened in sold-to bankrupt retailers, most notably Ernst Home Centers, in which several former Ernst stores were acquired by the chain in the late 1990s. By 2007, the company had shuttered all but three of its U.S. stores due to declining sales. The final American store, located in Spokane, Washington, was closed in April 2010 after fifteen years in business.[1]

In December 2013, Big Lots announced it was closing all LW and Big Lots stores in Canada to focus on its American division.[2] By February 2014, all Canadian Big Lots and LW Stores were closed.

See also edit

References edit

  1. ^ Sowa, Tom (February 10, 2010). "In brief: Liquidation World closing its doors". The Spokesman-Review. Cowles Publishing Company. Retrieved 2012-01-17.
  2. ^ Heels, Courtney (9 December 2013). "Big Lots, Liquidation World to close Canadian retail operations including stores in Orillia, Barrie". CTV News Barrie. Retrieved 20 January 2015.


stores, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, december, 2017, lea. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources LW Stores news newspapers books scholar JSTOR December 2017 Learn how and when to remove this template message LW Stores Inc was a retailer that liquidated consumer merchandise through 94 outlets across Canada and three in the United States The retailer also provided store closure sales management and solved asset recovery problems in a professional manner for the financial services industry insurance companies manufacturers and other organizations LW Stores Inc was known as Liquidation World Inc until 2010 The chain had stores in the Canadian provinces of Alberta British Columbia Saskatchewan Manitoba Ontario New Brunswick and Nova Scotia It was a subsidiary of Big Lots from 2011 until its closing in 2014 LW Stores Inc Final logo used from 2011 2014 Only logo under the LW Stores branding Company typeSubsidiaryFoundedOctober 1986 1986 10 in Calgary Alberta CanadaDefunctFebruary 2014 2014 02 FateShut down due to poor salesHeadquartersBrantford Ontario CanadaArea servedCanadaProductsFurniture Food Luggage Clothing Housewares Sporting Goods Hardware and Health amp BeautyParentBig Lots 2010 2014 History edit nbsp Logo used when the company was known as Liquidation WorldLW Stores was founded as Liquidation World in 1986 with the opening of its first store at 3900 29 St NE in northeast Calgary Alberta Canada The chain had grown to be the largest liquidator in Canada with more than 1 200 employees in outlets and offices across Canada The company began operating stores in the United States in the early 1990s Most U S stores were opened in sold to bankrupt retailers most notably Ernst Home Centers in which several former Ernst stores were acquired by the chain in the late 1990s By 2007 the company had shuttered all but three of its U S stores due to declining sales The final American store located in Spokane Washington was closed in April 2010 after fifteen years in business 1 In December 2013 Big Lots announced it was closing all LW and Big Lots stores in Canada to focus on its American division 2 By February 2014 all Canadian Big Lots and LW Stores were closed See also editList of Canadian department storesReferences edit Sowa Tom February 10 2010 In brief Liquidation World closing its doors The Spokesman Review Cowles Publishing Company Retrieved 2012 01 17 Heels Courtney 9 December 2013 Big Lots Liquidation World to close Canadian retail operations including stores in Orillia Barrie CTV News Barrie Retrieved 20 January 2015 nbsp This article about a Canadian corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title LW Stores amp oldid 1092553144, wikipedia, wiki, book, books, library,

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