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4 stores vacate, 2 near final days and a few more open at Lehigh Valley Mall

4 stores vacate, 2 near final days and a few more open at Lehigh Valley Mall Updated Feb 17, 2021; Posted Feb 17, 2021 Yankee Candle is one of four recent closures at Lehigh Valley Mall in Whitehall Township. Several retailers have closed shop at the mall amid the coronavirus pandemic. Facebook Share Lehigh Valley Mall shoppers on the hunt for Presidents Day sales might have found more empty storefronts Monday than savings. The Whitehall Township mall recently said goodbye to at least four more popular retailers: Yankee Candle, footwear retailer Clarks, casual clothing outfitter Ambercrombie, and jewelry chain Littman Jewelers. Additionally, Helzberg Diamonds and footwear retailer Aldo are nearing final days.

Laurentian University has until April 30 to plan it recovery

SHARE ON: Laurentian University has received court protection from its creditors, so provincial minister Ross Romano has appointed Dr. Alan Harrison to find ways to help the university sustain its programming. The university was denied COVID-19 support funding last week. Colleges and Universities Minister Ross Romano s office says at this time, a one-time injection of funding through the COVID-19 Support Fund will not fix the significant long-term and systemic challenges faced by Laurentian. Photo provided by Laurentian University - laurentian.ca Laurentian University’s filing for protection under the Companies’ Creditors Arrangement Act has been endorsed by the courts. Ontario Superior Court judge Geoffrey Morawetz (MORE-ah-wetz), which means the university now has until April 30th to come up with a restructuring plan.

Laurentian ran deficits dating back to 2014, government adviser says in report

Laurentian ran deficits dating back to 2014, government adviser says in report A northern Ontario university seeking creditor protection ran deficits dating back to at least 2014, a government adviser probing the school s financial troubles says in an interim report obtained by The Canadian Press. Social Sharing Current university president has taken corrective action and is not to blame for the situation, report states Posted: Feb 16, 2021 10:54 AM ET | Last Updated: February 16 An Ontario government advisor says Laurentian University reported deficit projections of $5.6 million in 2020-2021, which would rise to $22 million by 2025-2026.(Yvon Theriault/Radio-Canada)

As it restructures, Laurentian will put students first: president

As it restructures, Laurentian will put students first: president
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