Winnipeg-based independent bookseller McNally Robinson emerged from bankruptcy protection on Monday with plans to restructure the company.
This comes a month after the company was forced to shut down one of its Winnipeg locations and the Toronto Shops at Don Mills store. Founder Paul McNally has been vocal about the Toronto shop being one of the company’s biggest mistakes and blamed the shopping centre for an array of problems.
“I don’t know if anyone was as disappointed as us, but we were surely deeply disappointed,” McNally told the CBC. “It was clear from the opening sales at Don Mills that we had entered into a death spiral.”
Two stores, one in Winnipeg and another in Saskatoon, remain under the McNally name.