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Steve's Music in Queen West faces an uncertain future
Summary
Steve's Music announced in-store liquidation sales and said "certain locations" will close; the Queen Street West store is holding a 30-to-45-day liquidation sale while its longer-term status remains unclear.
Content
Steve's Music Store's future in Toronto is unclear after the chain posted that it will hold in-store liquidation sales and that "certain locations" will close. The retailer did not specify which locations would shut. The Queen Street West store manager said the Toronto location will run a liquidation sale for 30 to 45 days and that what happens after that is unknown.
Key details:
- The company announced in-store liquidation sales and noted that "certain locations" will close but did not identify which stores.
- The Toronto Queen Street West location is running a 30-to-45-day liquidation sale, according to the store manager.
- Head office did not confirm which locations will close and did not provide a definitive plan for the Queen Street West site's future.
- An Ottawa manager was reported as saying a plan might close all but the Montreal location, but that has not been confirmed by head office.
Summary:
The announcement has drawn increased customer traffic to in-store liquidation sales; the Queen Street West store's sale is planned for 30 to 45 days and its status beyond that remains unclear. Undetermined at this time.
