Another one bites the mud.
Canadian computer hardware retailer and Top 100 Solutions Provider Netlink Computer Inc. (NCIX) has formally filed for bankruptcy, in response to court docket filings from the Supreme Court of British Columbia.
The movement was filed on December 1, however the Richmond, BC-based firm has but to launch an official assertion as of Dec. 7. Currently, its on-line retailer continues to be up and working with vacation gross sales, however given the unaddressed scenario, it is probably not a good suggestion to make any purchases from it.
NCIX introduced plans to restructure itself and prioritize its on-line presence in September, closing the doorways to all its bodily areas in BC in November – months after shutting down its three Ontario shops in July. At its peak, NCIX had 12 shops throughout Canada with two head workplaces.
Linus Sebastian, a former NCIX worker and creator of Linus Tech Tips, explains in a current YouTube video that questionable determination making when it got here to increasing within the US and competing towards on-line behemoths like Amazon might have been NCIX’s downfall. Skip forward to the 41:40 mark to listen to what he needed to say:
Stay tuned for extra data.
https://channeldailynews.com/news/canadian-computer-hardware-retailer-ncix-files-for-bankruptcy/57703
