The Disney Store is pulling out of brick-and-mortar shopping with plans to close most of its North American stores, including all of its Canada locations, according to Retail Insider.
Citing multiple sources, the blog reports that Disney will be shutting all 18 locations in Canada, as part of a broader move to shut down its standalone retail stores.
According to the sources, landlords have been working with Disney for weeks on an exit strategy, which will see the company pay out its remaining leases to avoid litigation; stores will be shut down by the end of the summer. Landlords told Retail Insider they were not permitted to comment. The Canadian stores are located in Ontario, British Columbia, Alberta, and Manitoba.