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Sears Canada was spun off as a separate company from its former U.S. parent, Sears Holdings in 2012. What's more dire is Sears Canada's warning about its cash position and its future.
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Boing Boing on MSNThe last Sears in CaliforniaWith the closure of outlets in Whittier and Burbank, once-mighty retailer Sears is down to its last store in California.
Sears Canada will remain listed on the Toronto Stock Exchange under the “SCC” ticker symbol. Sears Holdings shares closed at $59.90 per share on Tuesday.
Struggling department store chain Sears Canada Inc reported its ninth loss in 14 quarters as sales continued to decline, Reuters reported. Same-store sales fell 6.8 percent in the second quarter ...
TORONTO (AP) — Sears Canada Inc. is seeking court approval to liquidate its roughly 130 remaining stores. That would leave about 12,000 employees without a job. The embattled retailer has been ...
TORONTO (AP) - Sears Canada Inc. is shutting the doors of three high-profile department stores in major Canadian cities, affecting some 670 jobs, as the ...
TORONTO — Sears Canada will close 59 stores and cut approximately 2,900 jobs under a court-supervised restructuring, the beleaguered retailer said Thursday following years of dwindling sales and ...
NEW YORK (MarketWatch) -- Sears Holdings Corp. said Thursday that it received commitments for a majority of Sears Canada shares. Shareholders owning more than 7.6 million common shares have agreed ...
HOFFMAN ESTATES, Ill. (AP) — A Sears executive was named acting president and CEO of Sears Canada on Wednesday. Late last month the company said that CEO of Sears Canada, Douglas Campbell, would ...
Sears Canada Inc <SCC.TO> said Chief Financial Officer Sharon Driscoll will resign, two years after being promoted as the finance head of the retailer which is in the middle of a turnaround plan.
Sears Canada said on Friday that it cut about 300 workers across the country as the large retailer struggles with falling consumer confidence and braces for weaker sales.
Sears Canada Inc. creditors are targeting Eddie Lampert, its former controlling shareholder and the chief executive of its U.S. namesake Sears Holdings Corp., over payments he received before the ...
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