After declaring bankruptcy and being acquired by Transformco in 2019, the number of Sears stores in America would deplete throughout the years, with the latest closures happening at the end of 2024.

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 paid millions in dividends while its pension went underfunded. Now the former employees may end up paying the price. Will 16,000 Sears Canada retirees see their pensions?

All remaining Sears Canada stores will close their doors for good on Sunday, including 17 in Ontario. (Evan Mitsui/CBC) All remaining Sears Canada stores will close their doors for good on Sunday ...

Breaking News, Sports, Manitoba, Canada After years of lagging sales and financial uncertainty, Sears Canada finally pulled the plug on its retail operations on Oct. 10, 2017.

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.

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 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 ...