The retail game is hard, and it’s sad to say that even stores that have been around for a century are struggling.
Just recently, Vancouver-based Ingledew’s announced that they would be shuttering all six B.C. stores by mid-summer. The stores are now liquidating all inventory – about $12 million worth of product – and will halt their online sales. Of the six stores, three of them have Ecco shoes stores attached, which will also close. In a letter to customers posted by CEO Bill Ingledew, the rapidly changing retail world, rent and wage cost is noted as reason for the store’s demise.
The first Ingledew’s store originally opened in 1915 on Granville Street, with William Wright Ingledew at the helm. Bill Ingledew was the third generation to run the store.
Will you miss Ingledew’s? Let us know in the comment section.
Featured Image: Instagram/@Ingledews
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