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Vancouver-based Shoe Retailer and E-Commerce Business Goes Offline For Good
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(Posted on Mar 1, 2017 at 02:00PM by Michelle Bogle)
On January 27, 2017, Vancouver-based Shoes.com shut down all operations for its e-commerce businesses, including ShoeMe.ca and OnlineShoes.com. The abrupt closure also extended to the retailer’s two brick-and-mortar stores, including its Vancouver, B.C. location on 779 Burrard Street.
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Three years ago, ShoeMe.ca acquired OnlineShoes.com and Shoes.com and had grand plans to expand operations, which followed with quick success. The company was named a top performing Canadian-owned e-commerce company in Internet Retailer’s 2016 Top 500 Guide, as well as a recipient of a 2016 E-commerce Experience Award.
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According to a press release, employees were made aware of the decision on January 27 and compensated through the end of the month. The company is currently working with its secured lenders to determine the process to liquidate assets and intends to assign some, or all, of the group companies into bankruptcy.
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Prior to closing, it is reported that ShoeMe.ca, OnlineShoes.com and Shoes.com served eight million customers within Canada and the U.S. through its e-commerce and brick-and-mortar operations.
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