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News Tagged By: Sears Canada

Sears Canada boosts cash balance with sale-lease deal for three properties
Sears Canada is the latest retailer to monetize some of its real estate.
Posted on 3-11-2015 at 11:50 AM
Sears, Hudson's Bay mattress discounts under investigation
The federal Competition Bureau is investigating whether Canada’s two major department-store retailers have touted bogus discounts of their mattresses.
Posted on 2-23-2015 at 8:02 AM
Darwinism in action among Canada's troubled retailers, says analyst
Canada’s retail scene is not down and out for the count, it’s just a case of Darwinism in action, according to a retail expert.
Posted on 2-20-2015 at 1:58 PM
Wal-Mart to invest $340M in Canada
Wal-Mart's move comes less than a month after rival Target Corp. said it would exit Canada. Sears Holdings Corp. last year lowered its stake in its Canadian operations to about 12 percent, after failing to find a buyer for its holding in the business.
Posted on 2-11-2015 at 7:47 AM
Sears Canada names Ronald Boire CEO
Struggling department store chain Sears Canada named Ronald Boire president and chief executive.
Posted on 1-26-2015 at 8:23 AM
Sears Canada CEO knocks Target's 'cookie cutter' strategy
He stopped just short of rubbing sand in the wound.
Posted on 1-15-2015 at 3:28 PM
Sears Canada speeding up investments in turnaround effort: CEO
Sears Canada is stepping up spending on areas like its website and profitable merchandise categories as part of its turnaround plan, the retailer's new acting CEO says.
Posted on 12-19-2014 at 11:45 AM
Embattled Sears Canada posts another loss
The struggling retailer reported its 10th loss in 15 straight quarters as slumping sales continue, showing little sign that its turnaround plans are bearing fruit.
Posted on 11-18-2014 at 9:33 AM
JPMorgan to terminate credit card deal with Sears Canada
Struggling retailer Sears Canada faces another setback as JPMorgan Chase said Monday it will terminate its Sears MasterCard credit card deal.
Posted on 11-17-2014 at 8:11 AM
Sears Holdings explores creation of REIT to raise cash
Struggling retailer Sears Holdings Corp said it was exploring the conversion of 200-300 stores to a real estate investment trust (REIT) and offer it to shareholders through a rights offering to raise cash.
Posted on 11-07-2014 at 8:01 AM
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