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, 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 ...

After more than 65 years in business, one of Canada's ... continue as a going concern was received." A court hearing is scheduled for Friday. If the liquidation is approved, Sears will start ...

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 ...

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. The company, which has more than 200 stores and about 17,000 ...

but it's probably not worth springing for that extra protection when a store is going out of business. For instance, if it goes under, Sears may no longer honor extended warranties as the company ...

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 ...

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 ...