Laura's Shoppe Inc. is a Canadian women’s wear boutique chain founded in 1930 by Laura Wolstein, the first Laura store was located on St. Hubert Street, Montreal.

Laura Canada remained a one-store operation until 1973 when Kalman Fisher, grandson of Laura Wolstein, and now President of Laura Canada, opened a second store in a small shopping centre in the Montreal suburb of St. Laurent. A third store was opened in Place Vertu in 1975, followed by another in les Galeries d'Anjou in 1976.

Filing for creditor protection

In July 2015, Laura filed for creditor protection.[1] According to company's filing, the chain has liabilities of more than $20 million.[2] The chain restructured and emerged from protection four months after filing.[3]

The chain filed for creditor protection once again in 2020, during the global COVID-19 pandemic.[4]

References

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