Quebec business Juliette et Chocolat closes all its restaurants
Quebec specialty business Juliette & Chocolat has closed all 10 of its retail outlets in the greater Montreal area and Laval, blaming tough conditions for restaurants in the province, particularly since the chocolate shops reopened last summer.
In a letter to employees, however, the chocolate emporium's co-founder Juliette Brun, said the business "is not disappearing but restructuring to face the new economic reality."
That means it will focus on online chocolate sales through the company website and will continue to supply various grocery and food retailers with products, she explained.
Juliette & Chocolat was established about 20 years ago in Quebec. The company produces traditional and unique chocolates but also a wide variety of chocolatey beverages and baked goods.
Brun said she was announcing the decision to close the restaurants "with great sadness and a heavy heart," but indicated that the business landscape, namely the level of debt repayment, was too high to manage any longer.
"Since the pandemic, the breakdown of costs for running a restaurant has changed dramatically: higher recruitment costs, salaries, raw materials and the impact of inflation on consumer habits have definitely had an impact on our results."
"But the biggest impact was the repayment of government loans obtained during the pandemic," said Brun.
She said they went so far as to ask the government for a moratorium to reduce the impact of the repayments but were refused, leaving the company with no choice but to close the restaurants.
CTVNews.ca Top Stories
'Most of the city is evacuating': Gridlock on Alberta highway after evacuation order in Fort McMurray
Four Fort McMurray neighbourhoods were ordered to evacuate on Tuesday as a wildfire gets closer to the city.
Sask. police seize 1.5M pieces of evidence, lay 60 more charges in child exploitation case
Saskatchewan RCMP have revealed that a historic sexual assault investigation has led to the discovery of alleged crimes against children dating back to 2005.
Biden administration moving ahead on US$1 billion arms package for Israel, AP sources say
The Biden administration has told key lawmakers it is sending a new package of more than US$1 billion in arms and ammunition to Israel, two congressional aides said Tuesday.
Maximum payout for LifeLabs class-action drops from $150 estimate to $7.86
Canadian LifeLabs customers who filed an application for a class-action settlement began receiving their payments this week, though at a much lower amount than initially expected.
Full List Are these Canada's best restaurants? Annual top 100 list revealed
The annual list of Canada's top restaurants in the country was just released and here are the places that made the 2024 cut.
'Inappropriate' behaviour shuts down Dublin to New York City portal
Less than a week after two public sculptures featuring a livestream between Dublin, Ireland, and New York City debuted, 'inappropriate behaviour' in real-time interactions between people in the two cities has prompted a temporary shutdown.
King Charles III unveils his first official portrait since his coronation
King Charles III has unveiled the first portrait of the monarch completed since he assumed the throne, a vivid image that depicts him in the bright red uniform of the Welsh Guards against a background of similar hues.
About 1,000 wildfires confirmed so far this year: Here's a quick look at the situation in Canada
Nearly 1,000 wildfires have burned across Canada so far this year. Here's an overview of the situation in Canada.
American sought after 'So I raped you' Facebook message detained in France on 2021 warrant
An American accused of sexually assaulting a Pennsylvania college student in 2013 and later sending her a Facebook message that said, 'So I raped you,' has been detained in France after a three-year search.