Sears Canada

Canadians Are Abandoning Sears

CP | The Canadian Press | Posted 02.25.2015 | Canada Business

TORONTO - Sears Canada Inc. says its fourth-quarter revenue was down 17.7 per cent from a year earlier to $972.5 million.The national retailer said th...

The Bay, Sears Mattress Discounts Under Investigation

The Globe and Mail | Posted 02.23.2015 | Canada Business

The federal Competition Bureau is investigating whether Canada’s two major department-store retailers have touted bogus discounts of their mattresse...

Sears Canada Follows Through, Meets With Target Workers

CP | David Friend, The Canadian Press | Posted 01.29.2015 | Canada Business

TORONTO - Sears Canada has followed through on a promise to begin meeting with some of the workers who are losing their jobs at Target Canada.Chief ex...

Sears Reaches Out To Target Workers

CP | The Canadian Press | Posted 03.18.2015 | Canada Business

TORONTO - Sears Canada is reaching out to workers affected by the exit of American retailer Target from the Canadian market.Target announced on Thursd...

Look At All The Retailers Who Are Closing Stores In Canada

CP | Posted 01.15.2015 | Canada Business

TORONTO — A list of retailers that have recently closed or are closing shop in Canada: Mexx Canada — Dutch-based retailer declared bankr...

High-Stakes Holidays For These Retailers

CBC | Posted 01.24.2015 | Canada Business

There will be no rest for retailers this holiday season; they’re locked in a high stakes battle for our bucks in a hyper-competitive marketplace wh...

Sears Canada's Downward Spiral Accelerates

CP | David Friend, The Canadian Press | Posted 01.18.2015 | Canada Business

TORONTO - Sears Canada Inc. racked up another quarterly loss, more than doubling its loss a year ago, as the department store continued to face challe...

Mike Myers Mocks Sears Canada In Its Own Unfunny Ad

The Huffington Post Canada | Jesse Ferreras | Posted 11.10.2014 | Canada Business

Sears Canada isn't in the best shape right now. The company closed numerous stores including its Toronto Eaton Centre location earlier this year, w...

Sears Canada Gets An American CEO

CP | The Canadian Press | Posted 12.15.2014 | Canada Business

TORONTO - Sears Canada (TSX:SCC) is bringing in an executive from the ranks of its U.S. parent to replace outgoing CEO Douglas Campbell while it hunts...

Parent Company Sells Off Sears Canada

CP | David Friend, The Canadian Press | Posted 12.02.2014 | Canada Business

TORONTO - Sears Holdings Corp. (NYSE:SHLD) is selling most of its stake in its Canadian unit to raise as much as US$380 million and increase its cash ...

Sears Canada Denies It's Shopping For A Bankruptcy Lawyer

The Huffington Post Canada | Posted 09.26.2014 | Canada Business

Sears Canada is denying a report in the New York Post it is exploring the possibility of a bankruptcy filing. Citing “sources close to the matter...

8 Retailers At Risk Of Disappearing From Canada

The Huffington Post Canada | Daniel Tencer | Posted 08.20.2014 | Canada Business

It seems hardly a month goes by these days without announcements of layoffs or dismal earnings at Canadian retailers. Canada's economy is humming alon...

Tears For Sears

CP | The Canadian Press | Posted 10.20.2014 | Canada Business

TORONTO - Sears Canada Inc. (TSX: SCC) lost $21.3 million in its latest quarter as it was hit by severance and impairment charges and an unseasonably ...

Death Spiral Accelerates

CP | Linda Nguyen, The Canadian Press | Posted 07.21.2014 | Canada Business

TORONTO - Sears Canada is placing its bets on becoming a new stop for consumers who want affordable, high-quality yoga gear.The struggling department ...

Sears Canada On The Selling Block?

CP | Romina Maurino, The Canadian Press | Posted 07.14.2014 | Canada Business

TORONTO - Sears is considering selling its struggling Canadian operations, a move that will likely lead to the closure of its brick-and-mortar stores ...

Sears Employee Fired After Racist Remark Caught On Video

The Huffington Post Canada | Posted 03.04.2014 | Canada Business

UPDATE: Sears Canada has fired an employee who was filmed on video making a racist remark to a customer. The employee was reportedly fired late Mon...

Revenue Down, But Profit Up

CP | The Canadian Press | Posted 04.28.2014 | Canada Business

TORONTO - Sears Canada Inc. (TSX:SCC) reports it had a $373.7 million net profit in for the quarter ended Feb. 1.That was up from $39.9 million a year...

The 6 Stages Of Mourning A Sears Store

The Huffington Post Canada | Posted 02.24.2014 | Canada Business

Saying goodbye to two Toronto Sears stores that closed their doors on Sunday was an emotional experience for some. RIP, Eaton Centre and Sherway G...

'Never Our Intention' To Charge Customer With Trespassing: Sears

CBC | Posted 04.17.2014 | Canada Alberta

A representative from Sears Canada has responded to allegations it called police on a disgruntled customer and later charged her with trespassing. J...

Customer Seeking 'Superior Service' Charged With Trespassing

CBC | Posted 04.14.2014 | Canada Alberta

A Fort Saskatchewan, Alta., woman who is recovering from a heart attack says she counted on Sears to provide superior service when she wanted new wind...

Bad News For Canada's Retail Workers

CP | David Friend, The Canadian Press | Posted 04.02.2014 | Canada Business

TORONTO - Thousands of Canadian retail workers have been told they'll be getting pink slips as both Sears Canada and Best Buy Canada make dramatic cut...

Sears Canada Layoffs Just Won't Stop

CP | David Friend, The Canadian Press | Posted 03.31.2014 | Canada Business

TORONTO - Sears Canada Inc. (TSX:SCC) has announced a round of layoffs for the second time this month, eliminating 624 workers.The struggling company ...

MORE Layoffs

CP | Posted 01.25.2014 | Canada Business

TORONTO - Another round of job cuts is rippling through the operations of Sears Canada Inc. (TSX:SCC), affecting more than 1,600 positions as the comp...

Sears Accuses Canada Goose of 'Bullying'

CP | Allison Jones, The Canadian Press | Posted 03.09.2014 | Canada Business

TORONTO - Canada Goose is trying to "bully" Sears Canada Inc. (TSX:SCC) and other retailers through litigation, Sears is alleging in court documents a...

More Trouble For Sears

CP | The Canadian Press | Posted 02.13.2014 | Canada Business

TORONTO - A total of 640 people are out of work after a key Sears Canada ally has gone into receivership.A spokeswoman for Pricewaterhouse Coopers Inc...