Ricki's and Cleo to close stores while Frank and Oak seeks creditor protection

Ricki's and Cleo to close all stores

The new year is off to a rough start for Canada's retail industry, with two companies seeking creditor protection and closing stores while they consider how to move forward

Ricki’s and Cleo to close stores while Frank and Oak seeks creditor protection

Court documents show the company operates 75 Ricki’s stores, 54 Cleo stores, 20 joint locations and about 19 sites the brands split with Comark's other banner Bootlegger.

All Ricki's, Cleo clothing stores closing in B.C. as company files for creditor protection

It's a tough start to 2025 for Canadian retailers, as Bootlegger, Ricki's, Cleo and Frank and Oak file for creditor protection.

Ricki's, Cleo stores to close

Parent company enters CCAA protection

Ricki's and Cleo could close stores, including Burlington; Frank and Oak seeks creditor protection

The new year is off to a rough start for Canada's retail industry, with two companies seeking creditor protection and closing stores while they consider how to move forward. Comark Holdings Inc.

Frank And Oak seeks creditor protection while Ricki's and Cleo shutter stores in retail shakeup

Montreal-based retailer Frank And Oak has filed for creditor protection for the second time this decade, seeking relief from $71 million in debt, while the Ontario company behind Ricky's and Cleo says it will shutter their stores.