The former Canadian division of Sears is set to go out of business, a fate the U.S. retailer is still trying to avoid as department stores suffer. Sears Canada, which spun off from U.S.-based ...

Sears Canada warned Tuesday that it's running out of cash and could soon go out of business if it doesn't find a financial lifeline. Sears Canada warned Tuesday that it's running out of cash and ...

But from what I can tell, with 30 independent operating groups, it’s going ... Sears certainly has its share of critics these days -notice most of them don’t have the business acumen to ...

Sears Canada is going out of business. On Tuesday, the company announced it and its subsidiaries will be applying to the Ontario Superior Court of Justice for approval to liquidate all of its ...

More than 100 Sears and Kmart stores are in their final days. The going-out-of-business liquidation sales at 51 Sears and 45 Kmart stores – first announced in November by parent company ...

But the big question is whether the shrunken version of itself can be viable or will it be forced to go out of business ... including its Sears Canada division that was later spun off.

SHLD ) out of business. “[J.C. Penney will be the] best Rocky Balboa come back in retail and it’s by pushing Sears closer to the cliff and going to the edge of Niagara Falls to break in the ...

It was the second time in two years that Sears has expressed doubt about its business continuing as its losses mount. "This year’s statement regarding its ability to remain a going concern is ...

RELATED: Sears Through the Years: 7 Things to Know If Lampert or someone else does not make a bid, the company faces liquidation. Sears also owns Kmart, which would also go out of business.

The Sears at White Oaks Mall, an anchor at the Springfield mall since it opened in 1977, will go out of business later this year, the beleaguered retailer announced Thursday. The closure is one of ...