At least Mark Cohen, the director of retail studies at Columbia University and the former CEO of Sears Canada, believes so, telling CNN, "They are, for all intent and purposes, done." ...

Sears Canada pensioners will ask a court to appoint a trustee to investigate the nearly $3 billion paid in dividends to Sears Canada shareholders. The hope is to recoup some of the money for Sears ...

Sears Canada announced it would no longer be honouring extended warranties as of Oct. 18, as part of its liquidation process. Customers expressed frustration at the prospect of paying hundreds for ...

The Sears Canada DB pension is only 81% funded as of June 2017, although changes in interest rates and markets could alter the final figure.

Target Canada's exit appeared to boost Hudson's Bay's Canadian sales by around 5%. Sears Canada's closure should have a similar impact, which would be around 1% of Hudson's Bay's total sales ...

More than 64 years ago, Sears Canada (Simpsons-Sears at the time) opened its first store in Stratford, Ont., and then went on to play a dominant role in the Canadian department store market. Fast ...

TORONTO — Sears Canada Inc. has decided to shut its doors and is seeking approval to liquidate its roughly 130 remaining stores — leaving another 12,000 employees across the country without a job. The ...

Sears Canada came of age during the golden era of the department store. Oct. 10, 2017. Oct. 10, 2017. 3 min read. Save. New subscriber benefit! Copied to clipboard ...

Sears Canada is seeking court approval to liquidate the contents of all of its remaining stores and sell all remaining assets after failing to find a buyer. The move will put 12,000 out of work.

Sears Canada entered bankruptcy protection in June, saying it could not continue to operate as a going concern without a new source of financing. Sears Canada has 74 full-line department stores, 8 ...