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Goodwill closing 16 GTA stores because of cash problems
Topic Started: Jan 18 2016, 11:40 AM (673 Views)
goldengal
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Mistress, House of Dogs
This is Breaking News from CP24 so I do not have a link but am sure it will soon be in the news;

Quote:
 
Goodwill Industries says 16 GTA stores, 10 donation centres and two offices are closing effective today due to a cash flow crisis. In a statement, the organization says 430 employees in Toronto, Mississauga, Brampton, Newmarket, Barrie, Orillia and Brockville are affected by the closures.


Take care,
Pat
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FuzzyO
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Am I right in thinking that many of those employed by Goodwill would have difficulties finding jobs elsewhere?
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Durgan
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Veteran Member
No. Goodwill pays Tim Horton wages and has few full time permant employees. I am astonished that they are closing so many stores. If they can't make it with all their products free of charge there can't be much hope for other businesses. I know the one in Brantford seems to be thriving.
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David
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It's true Fuzzy. They hire the disabled, but have been criticized for paying them less than minimum wage under a "special wage certificate" provision.

https://en.wikipedia.org/wiki/Goodwill_Industries#Wages
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Oldsalt
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Small Star Member
Goodwill Industries Canada is independent and may have
an entirely different pay scale.

Quote:
 
Goodwill now functions as an independent Canadian charitable agency while sharing information and experience with member organizations around North America
.

http://www.goodwill.on.ca/about-us/
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friendshipgal
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Guess everyone wants their own Trudashians
They are usually physically or mentally disabled but I didn't realize how little they pay them, although I'm sure that is no longer the case in Ontario as a court decision ruled it discriminatory.

I always donated to Goodwill as they get the best use out of donated goods

This is from 2008 but explains a bit how they help them find employment
http://www.theobserver.ca/2008/08/08/employment-for-disabled
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Oldsalt
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The workers are in a union so they may be getting a fair wage.

Quote:
 
Locations in Toronto, Mississauga, Brampton, Newmarket, Barrie, Orillia and Brockville are closed until management can meet with representatives of the Canadian Airport Workers Union, which represents the employees.


http://www.cbc.ca/news/canada/toronto/goodwill-gta-lockout-1.3407732
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FuzzyO
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Says on the website that they get at least minimum wage.
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Darcie
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Skeptic
I know they are losing customers in London. Many of their prices are atrocious, some used items are higher than new in the stores.

They used to be good but my friends and I who used to go at least once a week no longer go there, not worth it. It is as if they have priced themselves out of the market.
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David
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The CEO sure makes a healthy salary from selling things that were donated. Around 725,000 dollars a year according to Wiki. The US President makes 400,000. Maybe that's the going rate to attract a quality CEO, I don't know.
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Oldsalt
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In 2014 CEO of Goodwill in Toronto, KEIKO NAKAMURA was earning $221,774.29

http://www.thesunshinelist.com/ca/salary-disclosure/keiko-nakamura/goodwill-industries-of-toronto-eastern-central-northern-ontario
Edited by Oldsalt, Jan 18 2016, 03:11 PM.
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David
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That seems more in line than the 725,000 salary of the President of Goodwill in America.
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goldengal
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Mistress, House of Dogs
Here is the article from Toronto Star:



Quote:
 
“Unforeseen Circumstances.”

A small crude hand-written notice pinned to the front window of a Goodwill store in downtown Toronto was the harbinger of worse things to come later in the day.

Several hours later, Goodwill Toronto, which collects donated clothing and goods, then sells them to fund programs for people with learning and physical disabilities, announced it was closing the 16 stores it runs, throwing some 450 people out of work.

A short statement from CEO Keiko Nakamura blamed the closing of the 80-year-old charitable organization “on a number of factors affecting the retail environment. Goodwill is facing a cash flow crisis.” Nakamura is the former head of Toronto Community Housing who was fired from the city agency in 2011 in the fallout from a spending scandal.



http://www.thestar.com/news/gta/2016/01/17/16-ontario-goodwill-stores-shut-down.html

Take care,
Pat
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Olive Oil
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In our market, the Canadian Diabetes seems to have a toe hold on donations because they are so dependable with pickups, etc. Then they sell their bounty to Value Village. I use them because of DH's history and because I can count on them to show up.
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Bitsy
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I donate all my household, clothing good to the Salvation Army. They don't have as many stores as Goodwill but their price, I have been told, are much better.
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