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Goodwill Industries Case Study

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Goodwill Industries Case Study
Goodwill Industries of Toronto, Eastern, Central and Northern Ontario has filed for bankruptcy and lost its right to use the Goodwill name, three weeks after abruptly closing its doors.
The news came in two separate announcements Monday. In one, posted on the charity’s website, CEO Keiko Nakamura announced the company had filed for bankruptcy and hopes to restructure.
“We’re considering elements to the number of stores that would reopen … this give us a great opportunity to really look at the real estate that we are in,” Nakamura told the Star.
Goodwill TECNO abruptly closed all 16 of its stores, 10 donation centres and two offices on Jan. 17, throwing more than 400 people out of work. The entire board of directors had resigned two days
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