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News Tagged By: Sears Canada

Sears Holdings loss widens as discounts fail to arrest fall in sales

Sears Holdings Corp. posted a bigger loss for the first quarter as the struggling retailer failed to arrest a fall in sales despite offering heavy discounts to woo shoppers.

Posted on 5-22-2014 at 8:07 AM
Tags: Sears Canada, Sears Holdings

Embattled Sears Canada sees quarterly loss more than double

Sears Canada Inc., whose U.S. parent has put it up for sale, saw its first-quarter loss more than double as the embattled retailer absorbed the impact of unseasonably cold weather.

Posted on 5-21-2014 at 8:02 AM
Tags: Sears Canada

Lack of buyers for Sears Canada, grim future for Sears Holdings: Analysts

Sears is running out of ways to address its cash drain.

Posted on 5-17-2014 at 12:34 PM
Tags: Sears Canada, Sears Holdings

Little value left in Sears Canada: former shareholder

A former shareholder says there’s little value left in Sears Canada, after parent company Sears Holding Corp. said Wednesday it may sell its stake in the Canadian retailer.

Posted on 5-16-2014 at 2:01 PM
Tags: Sears Canada, Sears Holdings, Marie Alcober

U.S. parent company puts embattled Sears Canada on the block

Sears Canada Inc.’s U.S. parent company says it is contemplating the sale of the ailing retailer.

Posted on 5-14-2014 at 7:37 AM
Tags: Sears Canada, Sears Holdings

Embattled Sears Canada ‘open’ to more real estate sales

Sears Canada Inc. will continue to weigh selling more of its valuable real estate, including prime store leases, to help bolster its sagging operating results although it has no current plans to...

Posted on 4-24-2014 at 2:25 PM
Tags: Sears Canada

Sears Canada to refund, finish work after installation firm’s collapse

Sears Canada Inc. said on Friday it will refund payments or offer alternative services to customers affected by the collapse of SHS Services Management Inc., which provided home-improvement services...

Posted on 3-21-2014 at 11:37 AM
Tags: Sears Canada

Sears Canada blames severe winter for fall in sales

Struggling department store operator Sears Canada Inc. posted a fall in quarterly sales, citing severe winter weather and power outages in the holiday shopping season.

Posted on 2-26-2014 at 9:40 AM
Tags: Sears Canada, Sears Holdings, Dollarama

Best Buy to cut 950 Canadian jobs

Best Buy says it’s cutting 950 full-time employees at both its Best Buy and Future Shop stores across Canada.

Posted on 1-30-2014 at 2:01 PM
Tags: Sears Canada, Best Buy, Loblaw
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