Final Sears Canada Liquidation Sales Underway
Sears Canada liquidation sales have begun after the company obtained an approval order from the Ontario Superior Court of Justice.
sears canada
Sears Canada To Liquidate
Financially troubled Sears Canada is pulling the plug on its restructuring efforts and will liquidate all of its remaining stores and assets.
Sears Canada Closing Nine Home Stores
Sears Canada has set final plans and specific dates for the closing of nine Sears Home Stores in Canada.
Report: Sears Canada Revamps Leadership Team
The executive chairman of Sears Canada has stepped back from his job to focus on saving the struggling retailer, according to a report in the Toronto Star.
Sears Canada Files For Bankruptcy
After recently reporting another deep loss in its first quarter, troubled Sears Canada has filed for bankruptcy protection and is closing some stores and reducing its workforce as it attempts to restructure.
Sears Canada Raises Doubt About Its Future
Faced with continuing losses, Sears Canada warned that it may not be able to live up to its financial obligations and faces an uncertain future.
Sears Canada’s Boire To Step Down, Stranzl Named Executive Chairman
Sears Canada Inc. announced that Ronald Boire will leave his position as company president/CEO to pursue other opportunities. Brandon Stranzl,…
Sears Canada Posts Sales Decline, Net Loss In Q1
Sears Canada Inc. has announced its results for the first quarter of fiscal 2015. Total revenues for the 13-week period…
Sears Canada Appoints Boire President
Sears Canada Inc. has appointed Ronald Boire president and CEO, the company’s board of directors announced. He has served as…
Sears Canada Extends Job Opportunities To Target Canada Employees
In what it said is the “recognition of the challenging retail landscape… regarding the exit of Target from the Canadian…
Sear’s Boire Named Acting President, CEO Sears Canada
Sears Holdings Corporation announced that Ronald Boire, evp, chief merchandising officer and president, Sears Full Line Stores and Kmart Format has…
Sears Holdings To Sell Stake In Canadian Operations
Sears on Thursday announced that the company expects to generate up to $380 million (U.S) in proceeds from selling its…
Sears Canada CEO Resigns
Sears Canada is searching for a new CEO following the resignation of Douglas C. Campbell. According to the retailer, Campbell…
Sears Holdings’ Lampert: ‘Q2 Earnings Unacceptable’
Sears Holdings Corporation has announced financial results for its second quarter ended August 2, 2014. Net loss attributable to Holdings’…
Sears Q1 Comes Up Short
For the first quarter ended May 3, Sears Holdings Corp. posted a net loss attributable to Sears shareholders of $402…
Sears Reports Sharp Revenue Declines For Q4, 2013
Sears Holdings Corporation announced financial results for its fourth quarter and full year ended February 1, 2014. According to Sears,…
Sears Holdings Announces Q3 Sales and Revenue Declines
Sears Holdings Corporation has announced financial results for its third quarter ended November 2, 2013. Net loss attributable to Holdings’ shareholders…
Sears Canada Posts Same Store Sales Increase For Q3
Sears Canada Inc. announced its unaudited third quarter results, which included total revenues for the 13-week period ended November 2,…
Sears Holdings Sells Five Sears Canada Stores, Announces U.S. Retail Plans
Sears Holdings Corporation has announced a number of actions intended to improve its financial flexibility and provided an update on its…
Sears Canada CEO Resigns, Replaced By COO Campbell
Sears Canada Inc. announced the appointment of Douglas C. Campbell as president and CEO, and as a member of the…