Montreal's Groupe Dynamite to shut down up to 10 Canadian stores, open 20 more in U.S. | CBC News

Women's fashion retailer Groupe Dynamite is closing 56 stores across Canada and the U.S. due to declining foot traffic, while planning to open 13 new locations in higher-performing markets with a smaller, more efficient format. CEO Andrew Lutfy stated that the closures are part of a strategic shift to adapt to changing shopping behaviors and focus on digital sales and successful physical store models.