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
Canadian family stuck in Lebanon anxiously awaits flight options amid Israeli strikes
A Canadian man who is trapped in Lebanon with his family says they are anxiously waiting for seats on a flight out of the country, as a barrage of Israeli airstrikes continues.
Yazidi woman captured by ISIS rescued in Gaza after more than a decade in captivity
A 21-year-old Yazidi woman has been rescued from Gaza where she had been held captive by Hamas for years after being trafficked by ISIS.
Scientists looked at images from space to see how fast Antarctica is turning green. Here's what they found
Parts of icy Antarctica are turning green with plant life at an alarming rate as the region is gripped by extreme heat events, according to new research, sparking concerns about the changing landscape on this vast continent.
DEVELOPING 2 dead after fire rips through historic building in Old Montreal
At least two people are dead and others are injured after a fire ripped through a century-old building near Montreal's City Hall, sources told Noovo Info.
Suspect in shooting of Toronto cop was out on bail
A 21-year-old man who was charged with attempted murder in the shooting of a Toronto police officer this week was out on bail at the time of the alleged offence, court documents obtained by CTV News Toronto show.
A 6-year-old girl was kidnapped in Arkansas in 1995. Almost 30 years later, a suspect was identified
Nearly 30 years after a six-year-old girl disappeared in Western Arkansas, authorities have identified a suspect in her abduction through DNA evidence.
Dolphins 'smile' at each other when they play and to avoid misunderstanding, study finds
For humans, flashing a smile is an easy way to avoid misunderstanding. And, according to a new study, bottlenose dolphins may use a similar tactic while playing with each other.
Pit bulls in B.C. pet mauling tested positive for meth, cocaine, says city
Three pit bulls involved in a deadly attack on another dog last month in Kamloops, B.C., tested positive for methamphetamine and cocaine, and the city is going to court to have them put down.
Tax rebate: Canadians with low to modest incomes to receive payment on Friday
Canadians who are eligible for a GST/HST tax credit can expect their final payment of the year on Friday.