Sears Canada

Sears Canada President Steps Down After Less Than A Year

CP | The Canadian Press | Posted 07.27.2016 | Canada Business

Carrie Kirkman's predecessor stepped down in August 2015.

Sears Canada Launches Real Estate Selloff

CP | The Canadian Press | Posted 11.13.2016 | Canada Business

TORONTO — Sears Canada says it's selling a distribution centre in Vaughan, Ont., north of Toronto for $100 million but will continue to occupy it on...

Sears Canada Says It Has Reached A 'Turning Point'

CP | The Canadian Press | Posted 09.02.2015 | Canada Business

TORONTO - Sears Canada's second-quarter revenue was down 9.1 per cent from the comparable period last year but the company says its core retail networ...

This Is The Week We Find Out Officially If Canada's In Recession

CP | The Canadian Press | Posted 08.30.2016 | Canada Business

As the federal election heads into its fifth week, a slew of economic data will reveal how Canada's economy is doing at mid-year.

Too Many High-End Retailers Coming To Canada?

CP | The Canadian Press | Posted 07.11.2016 | Canada Business

MONTREAL - An explosion in the number of high-end retailers in Canada could lead to tough times for the segment down the road in a classic case of too...

Sears Canada Loses CEO For Third Time In Two Years

CP | David Paddon, The Canadian Press | Posted 07.02.2016 | Canada Business

TORONTO - Sears Canada Inc. (TSX:SCC) is looking for a chief executive officer again, following its announcement Thursday that Ronald Boire will depar...

It's 'Make Or Break' Time For Sears Canada

CP | David Friend, The Canadian Press | Posted 06.26.2016 | Canada Business

TORONTO - Time is running out for struggling department store chain Sears Canada to improve its financial results and the chances of survival are slim...

Things Just Keep Getting Worse For Sears Canada

CP | Posted 05.21.2015 | Canada Business

TORONTO — Sears Canada Inc. is reporting a $59.1-million net loss for the first quarter amid falling revenue, which was down 9.7 per cent from last ...

How Sears Canada Is Benefiting From Target's Disappearance

CP | David Friend, The Canadian Press | Posted 06.23.2015 | Canada Business

TORONTO - With the doors closed for good at Target's 133 Canadian stores, Sears Canada CEO Ronald Boire hopes more shoppers will now walk through Sear...

Canadians Are Abandoning Sears

CP | The Canadian Press | Posted 04.27.2015 | 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 03.31.2015 | 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 bankruptc...

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...