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Aldo Group Obtains Creditor Protection in Canada

Shoe Retailer to Keep Operating Online as It Seeks Similar Legal Action in US, Switzerland
Montreal-based retailer Aldo Group has obtained creditor protection in Canada. (Getty Images)
Montreal-based retailer Aldo Group has obtained creditor protection in Canada. (Getty Images)
CoStar News
May 7, 2020 | 10:25 P.M.

Montreal-based Aldo Group, a shoe retailer with about 700 stores and 8,000 employees worldwide, said it obtained creditor protection in Quebec courts and is now voluntarily applying for similar protection in the United States and Switzerland.

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