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Mar 16, 2020

Aritzia shares tumble after retailer closes stores due to COVID-19

An Aritzia store in Toronto's Yorkdale shopping centre

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VANCOUVER - Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses across the country move to help reduce the spread of COVID-19.

The retailer says it feels it's the best decision for its people, clients, partners and community as a whole.

It says customers will still be able to continue shopping through the company's website for the time being.

Aritzia says it's increasing precautionary measures to ensure the well-being of its concierge and distribution centre employees.

It is also shifting all support office employees to flexible working arrangements.

Aritzia has more than 95 stores.