FactoryDirect.ca, one of Canada’s largest privately owned discount retailers, with a history spanning nearly three decades, is set to commence a store-wide liquidation sale.
The liquidation sale will begin at all of its 14 locations at February 17th, 2024.
Per the news release, the sale features an extensive inventory worth over $10 million in retail, including products from renowned brands like Apple, Samsung, LG, Dell, Panasonic, Cuisinart, Danby, and more.
The liquidation, managed by A.D. Hennick & Associates Inc. and Danbury Global Ltd., will include a wide array of items such as TVs, smartphones, tablets, computers, appliances, heaters, air conditioners, and toys.
FactoryDirect.ca, once boasting 24 stores and several hundred employees, has faced challenges such as declining sales and rising overhead costs in the post-COVID-19 era, exacerbated by the current inflationary pressures.
The liquidation marks the end of an era for the Canadian-owned retailer, as acknowledged by Alex Hennick, President of A.D. Hennick & Associates, highlighting it as a significant loss for both the company and its customers.
The closure follows FactoryDirect.ca’s court filing under the Bankruptcy and Insolvency Act, with TDB Restructuring Limited serving as the proposal trustee.
FactoryDirect.ca Liquidation Sale Locations
Barrie
400 Bayfield Street, Barrie
Store Hours
Mon – Fri 10am-7pm
Saturday 10am-6pm
Sunday 11am-5pm
Brampton
2 Kennedy Road South, Brampton
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Brantford
603 Colborne St, Brantford
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Hamilton
1151 Upper James St, Hamilton
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Kitchener
1138 Victoria St N, Kitchener
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
London
765 Exeter Road, London
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Nepean
1651 Merivale Rd, Nepean
Store Hours
Mon – Fri 10am-7pm
Saturday 10am-6pm
Sunday 11am-5pm
Niagara Falls
7190 Morrison Street, Niagara Falls
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
North York
39 Orfus Road,North York
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Oshawa
200 Ritson Rd N, Oshawa
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Ottawa
1235 Donald Street,Ottawa
Store Hours
Mon – Fri 10am-7pm
Saturday 10am-6pm
Sunday 11am-5pm
Scarborough
1420 Kennedy Road, Scarborough
Store Hours
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Windsor
1500 Huron Church Road, Windsor
Mon – Fri 10am-8pm
Saturday 10am-6pm
Sunday 11am-5pm
Woodbridge
501 Applewood Cres, Woodbridge
Store Hours
Mon – Fri 10am-7pm
Saturday 10am-6pm
Sunday 11am-5pm