Canada's Bad Boy Retailer Closes All Stores After Almost 70 Years in Business

Herbie J Pilato
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Overview

According to The-Sun.com, Last Man's Bad Boy Superstore Furniture is permanently closing all its stores after seven decades due to a default on debt.

A Closer Look

Bad Bay has hired Infinity Asset Solutions to manage the liquidation of almost $25 million in assets.

Judge Herman Wilton-Siegel ordered the company to sell its merchandise to repay its enormous debt.

Conclusion

The last few years, particularly this year of 2023, have seen the closure of countless business operations across the globe; a sad development, indicative of the pandemic residue, and the subsequent increasing global economic challenges around the country and throughout the world. The Bad Boy closures in Canada now only compound the issue.

[Note: This article is based on accredited news and media reports, including linked information attributed to HFBusiness.com and The-Sun.com.]


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Herbie J Pilato is the author of several books about pop culture including the newly-published CONNERY, SEAN CONNERY biography, the revised BIONIC BOOK, RETRO ACTIVE TELEVISION, THE 12 BEST SECRETS OF CHRISTMAS, MARY: THE MARY TYLER MOORE STORY, TWITCH UPON A STAR, and more. He's also a TV writer/producer, and has worked for Reelz, Bravo, E!, TLC, and hosted THEN AGAIN WITH HERBIE J PILATO, the hit classic TV talk show (which premiered on Amazon Prime in 2019).

Los Angeles, CA
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