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Factory Direct

Growing Crisis in Retail Inventory in Canada as Factory Direct Liquidates Stores [Interview]

Mario Toneguzzi -
The founder of A.D. Hennick & Associates says he's seeing overwhelming demand to liquidate inventory, indicating a concerning trend in the industry as more retailers look to insolvency.

Factory Direct to Shut All 14 Stores Amid Bankruptcy, Liquidation to Begin Saturday

Craig Patterson -
The company, founded in 1995, is one of Canada’s largest privately owned discount retailers which struggled with declining sales and increasing costs following the pandemic.
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