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 ...

Once a titan of Canadian retail, Sears Canada announced Tuesday that it is going out of business, putting 12,000 people out of work and shuttering all operations nationwide. Among the first to ...

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 ...

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 ...

Sears Canada Inc. won court approval Friday to hold going-out-of-business sales at its remaining locations, a setback for the Sears brand name as its U.S. namesake struggles against a tide of ...

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 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 ...

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.

Sears, Carson’s and other onetime retail giants are closing stores or going out of business, but off-price chains have plans to open hundreds of new stores in the coming years. However ...

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 ...