Ricki’s and Cleo closing: a major loss for Canadian shoppers

LogoAs a Canadian shopper, I was deeply disappointed this week to learn that two of my favourite retail brands will be permanently closing their doors. Parent company Comark Holdings Inc. announced the upcoming closure of all 221 Ricki’s and Cleo stores across the country due to financial difficulties.

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Image: CTV News

The loss of these two brands will be deeply felt as they filled an important fashion shopping niche for many women. Both were what could be referred to as middle retail; not low-end fast fashion, but not high-end either. Instead they offered quality clothes at reasonable prices. They also carried styles that appealed to a wide range of ages. As a 72-year-old woman I knew that I could find clothes in these two stores that would keep me looking current, but not like I was trying to look like a teenager. In fact, my closet is full of clothing with Ricki’s and Cleo labels that fit my style adjectives; classy, casual, comfortable, confident, and authentic.

I recognize that there are many challenges facing Canadian retailers today. Overhead costs are high and it’s difficult to compete with online retailers that ship directly to the customer’s door, but I still prefer to go into a brick and mortar store where I can see the clothes in person, feel the fabric, look at the construction, and try them on. With two of my favourite stores closing, that’s going to be much more difficult and I’m sure I’ll be mourning their loss for quite some time.