A dying electronics retail market has claimed another casualty in Toronto, striking the Yonge and Eglinton neighbourhood for the second time in the last few years.
Canada Computers and Electronics' 2433 Yonge Street location marked its last day in business on Saturday, June 1, closing its doors for good on Sunday. The business was in its tenth year operating at the site a few blocks north of Eglinton., and signage has been posted to the main entrance directing customers to other locations — though the closest is a full seven kilometres away at 284 College Street.
The chain currently runs over 40 locations across four provinces. However, recent trends in the brick-and-mortar electronics landscape are shifting to online sales, and chains like Best Buy have also been impacted.from the now-shuttered Canada Computers until 2021. The former Best Buy and neighbouring properties have since closed and been demolished as part of a new condominium development.Canadians can get part of $15.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »