LW Stores, Inc. was a retailer that liquidated consumer merchandise through 94 outlets across Canada and three in the United States. The retailer also provided store-closure sales management and solved asset recovery problems in a professional manner for the financial services industry, insurance companies, manufacturers and other organizations. LW Stores, Inc. was known as Liquidation World, Inc. until 2010. The chain had stores in the Canadian provinces of

Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...

British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...

Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t ...

Manitoba Manitoba ( ) is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population o ...

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...

New Brunswick New Brunswick (french: Nouveau-Brunswick, , locally ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. It is the only province with both English and ...

and

Nova Scotia Nova Scotia ( ; ; ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. Nova Scotia is Latin for "New Scotland". Most of the population are native Eng ...

. It was a subsidiary of

Big Lots Big Lots Stores, Inc. (stylized as Big Lots!) is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states. History The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation w ...

from 2011 until its closing in 2014.

History

LW Stores was founded as Liquidation World in 1986 with the opening of its first store, at 3900 29 St NE, in northeast

Calgary, Alberta Calgary ( ) is the largest city in the western provinces and territories of Canada, Canadian province of Alberta and the largest metro area of the three Canadian Prairies, Prairie Provinces. As of 2021, the city proper had a population of 1,30 ...

, Canada. The chain had grown to be the largest liquidator in Canada, with more than 1,200 employees in outlets and offices across Canada. The company began operating stores in the United States in the early 1990s. Most U.S. stores were opened in sold-to bankrupt retailers, most notably Ernst Home Centers, in which several former Ernst stores were acquired by the chain in the late 1990s. By 2007, the company had shuttered all but three of its U.S. stores due to declining sales. The final American store, located in

Spokane, Washington Spokane ( ) is the largest city and county seat of Spokane County, Washington, United States. It is in eastern Washington, along the Spokane River, adjacent to the Selkirk Mountains, and west of the Rocky Mountain foothills, south of the Canada ...

, was closed in April 2010 after fifteen years in business. In December 2013, Big Lots announced it was closing all LW and Big Lots stores in Canada to focus on its American division. By February 2014, all Canadian Big Lots and LW Stores were closed.

References

Furniture retailers of Canada Discount stores of Canada Companies based in Ontario Brantford Defunct retail companies of Canada Retail companies established in 1986 Companies disestablished in 2014 1986 establishments in Ontario 2014 disestablishments in Ontario Defunct retail companies of the United States {{Canada-company-stub

History

See also

References