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Retail Insider is reporting that Disney is closing its 18 standalone retail stores in the country. Two Canadian locations have already closed.
“The move comes as Disney re-evaluates its operations amid a challenging time for retail and landlords in North America as the pandemic increasingly shifts consumer shopping patterns to online channels,” Retail Insider says.
“Landlords in Canada with properties housing Disney stores are said to have been working with the company on the exit strategy for the past several weeks.”
Retail Insider says that the Canadian Disney stores will all shutter by the end of the summer.