Rahul Sharma (Editor)

LW Stores

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Former type
  
Subsidiary

Area served
  
Canada

Headquarters
  
Brantford, Canada

Defunct
  
February 2014

Traded as
  
Liquidation World

Website
  
www.lwstores.com

Founded
  
1986, Calgary, Canada

Parent organization
  
Big Lots

LW Stores httpsuploadwikimediaorgwikipediacommonsthu

Fate
  
Shut down due to poor sales

Products
  
Furniture, Food, Luggage, Clothing, Housewares, Sporting Goods, Hardware and Health & Beauty

Lw stores keswick location grand opening


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, British Columbia, Saskatchewan, Manitoba, Ontario, New Brunswick and Nova Scotia. It was a subsidiary of Big Lots from 2011 until its closing in 2014.

Contents

The power of in store audio in lw stores


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, 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, 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

LW Stores Wikipedia