Ronsons Shoe Stores Inc

Ronsons Shoe Stores Inc., a comfort shoe retailer and manufacturer with multiple locations throughout the lower mainland of British Columbia, was adjudged bankrupt on September 4, listing approximately $3.4 million in liabilities, including approximately $989,000 to TD. The company was previously placed in receivership on application by TD. In recent years, the company has seen a decrease in revenues and its cash-flow issues were further affected by the pandemic-related closure of physical storefronts. MNP is the bankruptcy trustee.