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Home interior and decor chains Bowring and Bombay, which combined have 81 stores in Canada, have obtained protection from creditors under the Bankruptcy and Insolvency Act.
Privately held Bowring has been operated by Mississauga-based Tereve Holdings Ltd. since 1993, when its owner Royal Canadian Securities Ltd. acquired the chain from U.S.-based Hallmark Cards Inc.
How Tariffs Drove This Retail Chain Into Bankruptcy Decor chain At Home filed for Chapter 11 Monday. Higher costs on imported goods contributed to its financial decline.
Bye bye, Bowring Brothers and the Bombay Company. Bankruptcy is a bitch. Two of what were once ubiquitous home decor chains in Canada are reportedly … ...
- Toronto Star file photo Home interior and decor chains Bowring and Bombay have declared insolvency. According to documents, Bowring Canada and Bombay & Co., Inc., along with parent company Fluid ...
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