Sony to close its Canadian stores

Sony will close all 14 of its Canadian retail locations, according to a press release issued on The Canadian Press. The company will shut down the stores "over the next six to eight weeks," resulting in 90 layoffs. The company has "been scaling back its business in Canada for the past year and has already shut several locations, including one at the Toronto Eaton Centre." As reported by CBC News, the locations of the soon-to-close stores are as follows:

• Alberta (3)

• The Greater Vancouver area (3)

• The Greater Toronto Area (5)

• Ottawa (1)

• Montreal (1)

• Quebec City (1)

Sony announced plans to sell its Vaio PC business and restructure its TV division in February 2014, at which point it planned to lay off 5,000 employees over the next year. It also shut down 20 stores in the United States while restructuring the Sony Electronics division. The Sony-owned developer Sucker Punch laid off some of its staff in August as well.

[Image: Sony]