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Stokes to close its less profitable stores in restructuring process

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Canadian tableware and kitchenware retailer Stokes has commenced a restructuring process aimed at securing its future growth and profitability.

The proceeding was initiated under the Companies’ Creditors Arrangement Act (CCAA) Stokes will seek court approval to close underperforming store locations while retaining its profitable outlets in Québec and Ontario , alongside its head office in Montréal , Québec .