Jacob closing its doors

[Anna Michele]

The Quebec-based chain announced the decision to employees early Tuesday.

In an e-mail, Jacob spokeswoman Christelle Basmaji said the stores will remain open for a few weeks to liquidate inventory.

According to Jacob’s website, the brand operates 100 stores and employs 1,500 workers.

Jacob went through a financial restructuring in recent years. It was placed in creditor protection in November 2010 after posting losses of $45 million in three years

http://m.chfi.com/2014/05/06/its-a-s...othing-stores/

[Anna Michele]

Fingers crossed for some sweet deals and please post what you find.

Sent from my GT-S7560M using Tapatalk

[FallenPixels]

I already posted on the blog but they are having a 40% off sale on Thursday from 5pm to close at 12 select stores

[FLA]

Thanks!

[natynat]

Oh wow thanks for posting! I am definitely going to one of the stores tmw!!!

[thor9]

Sale today was 30% off reg. price dresses

30% off any red ticket sale item wub 1 item
40% off any red ticket sale item wub 2 items
50% off any red ticket sale item wub 3 items

[MapleLeaves]

Store said that no return or refund on merchandise, only exchange for store credit which expires on May 31. So please make sure the size fits and everything's fine before committing to buy.

[torontogal12]

Went to Jacob last night for the 40% off. By the time I got there, everything was picked over. I liked one shirt but even with 40% off it would've cost $30 and it was honestly H&M quality. I got a better deal on better quality tops at the Bay yesterday with their one day 50% off sale.

Sorry Jacob. I do like you, but you're expensive.

The girl said the store is closing in 3 months but no sales. They are not getting any new shipments and the clothes they are selling currently will run out when they run out

exchange only.

[thor9]

Got an email today - now it's an extra 40% off red ticket prices.

Was told Toronto Eaton Centre location will be one of the last stores to remain open - for at least another 2 months. Apparently, they will get the leftovers from the other stores plus they still have 2 more collections coming through, so hold off in buying now and to wait for a bit in case anyone has gift cards to use up.

[torontogal12]

Good info re: Eaton Centre

The store that told me they were getting no more stock was Yorkdale.

Got an email today - now it's an extra 40% off red ticket prices.

Was told Toronto Eaton Centre location will be one of the last stores to remain open - for at least another 2 months. Apparently, they will get the leftovers from the other stores plus they still have 2 more collections coming through, so hold off in buying now and to wait for a bit in case anyone has gift cards to use up.

[Cuckoobird]

A word from the President:

[300605]

I went to the West Edmonton Mall today and theres like no sales....theres still stuff that is regular price. I overheard one of the associates said that it'll prob still be here till the end of summer.

[seylz_gurl]

that is great that they are still honouring gift cards. If you have one I personally would use it as soon as possible. I got stuck with a $65 gift card from another retailer that went bankrupt and didn't honour their cards.