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Archiver > CAN-ONT-BRANT > 2000-08 > 0966702478


From: "JohnO" <>
Subject: [BRANT] Agnew-Surpass
Date: Sat, 19 Aug 2000 17:27:58 +0100


An old name in Brantford is about to/ has bitten the dust.
Below is a partial extract of a news article announcing the company's
bankruptcy.

John Overholt

"The Ontario Superior Court of Justice yesterday approved Chicago-based liquidation specialist Hilco Merchant Resources
Inc. to manage Agnew's liquidation sale.

Yesterday's court filing marks the final chapter for what was once Canada's largest footwear chain. Agnew, which was
founded in Brantford, Ont. by John Agnew in 1879, merged in 1928 with Surpass stores and continued for years as a
successful retailer under the name Agnew Surpass.

In recent years, however, analysts said Agnew's sales were hurt by competition from the incursion of big-box discount
shoe sellers into the Canadian market."






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