GoodGood Suddenly Ceases Operations and Shuts Down in Toronto [With Photos]

Exceptional Toronto-based mostly neighborhood commerce retailer and foodservice organization GoodGood has ceased operations and shut its retail spaces, noting worries to executing small business in this financial weather.

The company launched the information and facts via social media.

“Today we are sharing the tricky news that GoodGood will cease functions effective straight away,” explained the manufacturer on Instagram. “We’d like to lengthen a heartfelt thank you to our local community. It has been a privilege to have been a compact section of your life. We could not be more grateful for your support. As a business enterprise built on group we feel it is crucial to share broader context on what led us to this choice.”

“When we established out to make GoodGood we had an particularly formidable vision – reimagine modern day comfort, targeted on earning rising makers far more obtainable to regional communities.”

“Over the very last 18 months, we assembled our staff and went to perform – building 5 cafes and a supply network that covered the bulk of downtown Toronto. We accomplished many milestones, but none extra satisfying than viewing the Toronto group explore and share their appreciate for emerging makers with mates and household.”

GoodGood Instagram Announcement (Graphic: GoodGood)
Previous Esplanade GoodGood place on Sunday, November 20, image: Dustin Fuhs
Previous Esplanade GoodGood location on Sunday, November 20, picture: Dustin Fuhs

“Unfortunately, the environment is shifting under our ft, in the very same way it is for many of you. The financial realities of increasing fascination costs, inflation, and a looming recession – financial aspects that weren’t a truth when we began this journey – have experienced a spectacular influence on our small business. Whilst we felt self-confident our company would be in a position to get over a lot of of these difficulties, we were being unable to secure the funds essential to go on to provide our vision to lifetime.”

“We crafted a committed crew who are passionate about their operate. If you are hiring, you should get hold of [email protected], so that we can connect you with our staff customers.”

“While GoodGood will stop operations, the emerging makers you enjoy will go on to thrive. Above the coming weeks, we will be sharing techniques you can go on to help these makers by buying right or checking out local suppliers who share a similar mission of supporting area, up-and-coming makers.

“Keep it GoodGood, The Fantastic Very good Group.”

Previous Adelaide St. area on Sunday, November 20, photo by Dustin Fuhs
Previous GoodGood Spot on Adelaide Avenue (Picture: Dustin Fuhs)

Launched by Robert Kim and Kris Linney, GoodGood’s aim was to make it simpler for neighbourhoods to accessibility their favourite makers and artisans.

The manufacturer opened its to start with pop-up at Adelaide Avenue West and Spadina in December 2021. That locale was adopted with spots at:

  • 140A The Esplanade in the St. Lawrence Market place neighbourhood
  • 1187 St. Clair West in the St. Clair and Dufferin neighbourhood
  • 709 Queen Road West
  • 1909 Yonge Road at Yonge & Davisville
  • and a flagship at 410 Adelaide Avenue West

We’ll continue to update this post, as this is a developing story.

Former Queen Avenue area on Sunday, November 20, image: Dustin Fuhs
Previous Queen Street locale on Sunday, November 20, photograph: Dustin Fuhs

Lan Kilian

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