Loblaws closes poor performing T&T store in Scarborough

Loblaws has closed its Chinese-themed T&T supermarket store at 5661 Steeles Ave. E. The closing appears to be part of a contraction of locations announced earlier of stores that were not making a lot of money. Loblaws continues to operate several other T&T locations in Toronto including one in the Promenade Mall in Markham not far from the store that closed. Loblaws bought the national chain of Chinese supermarkets from the founder in 2009 for $225,000,000 in cash and  preferred stock. Today in many Loblaws stores, like the one at 301 Moore Ave., certain T&T branded products can be found. Loblaws said in July that it planned to close 52 of its unprofitable stores across the country over 2015-2016.