Sears Travel Winnipeg

Sears Canada will terminate five of its most coveted leases in Ontario — Toronto Eaton Centre, Sherway Gardens, Markville Shopping Centre and London-Masonville Place — along with Richmond Place in B.C.

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At 6 p.m. on Sunday, the Sears location at the New Sudbury Centre closed its doors for the final. and work in conjunction with their online offerings, as well.” Sears Canada first sought creditor p.

TORONTO — Sears Canada Inc. plans to close 59 locations across the country and cut approximately 2,900 jobs under a court-supervised restructuring. The struggling retailer says it will close 20 full-l.

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Sears is closing more of its Kmart stores including one in Connecticut later this year. pieces of its Sears Hometown and Outlet Store division, Lands’ End and Sears Canada too. Sears Canada filed f.

Sears in Northgate Shopping Centre will remain open. Vincent Power, spokesman for Sears Canada told The Nugget the local department store is not slated to close. This comes after Sears Canada announce.

Sears Canada is seeking approval to liquidate its roughly 130 remaining stores and put 12,000 employees out of work across the country, including retail and distribution jobs. The embattled department.

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TORONTO — Time is running out for struggling department store chain Sears Canada to improve its financial results and the chances of survival are slim, says one retail analyst. Keith Howlett of Desjar.

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The Sears Canada Home store at the RioCan Centre on Gardiners Road will be among 59 stores closing as the retail giant restructures. On Thursday morning, the company announced it would seek protection.

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Sears Holdings plans to raise $380 million by selling most of its 51 percent stake in Sears Canada to existing shareholders by early next month, the retailer said Thursday. Sears approved a rights off.

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Sears Canada Inc., the struggling offshoot of Sears Holdings Corp., sought court protection from creditors to carry out a restructuring plan after it ran short of cash. The retailer is aiming to exit.

A retired Sears Canada worker says cuts expected to the insolvent retailer’s pension payments have his former Edmonton colleagues concerned about their future. The defunct chain’s defined benefit pens.

Shoppers at Sears Canada’s Brentwood Town Centre location early Wednesday greeted news of the iconic retailer’s imminent liquidation with a mix of disappointment and resignation. There was sadness ove.

Sears Canada is closing 10 more stores in Canada, including their outlet at the Fairview mall in Pointe-Claire. Other store closings are in British Columbia, Manitoba, Ontario and Newfoundland and Lab.

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TORONTO — Sears Canada is closing its flagship location in Toronto’s Eaton Centre, as well as four other stores, in a move that will affect almost 1,000 employees. The retailer says it’s selling the l.

There may well be a line-up at the cash register for department-store operator Sears Canada Inc. Its U.S.-based parent, Sears Holdings Corp., said Wednesday it’s mulling the sale of its controlling st.

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That would extend a string of transactions, including the spinoff of the Lands’ End clothing unit and the bulk of its stake in Sears Canada. Bloomberg contributed to this report.