The New Brunswick government and Sears Canada Inc. announced their second partnership this week to open a business centre in the province with the help of millions of dollars of government funding.
The provincial government is providing Sears (TSX:SCC) with about $5.2 million of funding to open its second new business centre in the province.
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It will be located in Saint John, N.B., and is expected to create 360 jobs.
On Wednesday, the two announced Sears would open another business centre in Edmundston, N.B., with $3.5 million of assistance coming from the province.
Together, the Saint John and Edmundston business centres are expected to provide 540 new jobs to locals through $8.7 million of government funding.
Sears executive chairman Brandon G. Stranzl said having a Canada-based business team will help improve the struggling retailer’s customer service.