After almost 30 years of business, tech and electronics discount retailer Factory Direct (FactoryDirect.ca) is closing all 14 of its locations.
Since COVID-19, the company has experienced declining sales and an increased overhead. Resulting in eventually having to file for bankruptcy.
Factory Direct is a one-stop-shop providing discounted computers, phones, TVs, appliances, and even some home and beauty products.
A closing liquidation sale has begun, with over $10 million of inventory to clear out. The sale will include a huge selection of brands such as Apple, Samsung, LG, Cuisinart, and so many more.
If you’re on the hunt for new a new gadget, you’re going to want to take advantage of this liquidation sale while you can. You can shop for everything from TVs to toys at an extra-discounted price!
“This is a unique opportunity for customers to get the top branded products at liquidation prices. Due to the most recent economic conditions, it’s becoming more apparent that businesses are having a difficult time managing operations. FactoryDirect.ca has been a consistent source of incredible deals for a long time and it is such a shame to see this almost 30 year old, Canadian Owned discount retailer with hundreds of employees have to close it’s doors forever” shared Alex Hennick, President of A.D. Hennick & Associates in a press release.
Aside from visiting one of its remaining 14 locations, sale items are also listed online, available to shop at up to 50% off!
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