Advertisement

Sears in Peterborough closes for good on Jan. 14

Click to play video: 'Sears in Peterborough closes on Sunday Jan. 14'
Sears in Peterborough closes on Sunday Jan. 14
Sears at Lansdowne Place closes on Sunday, Jan. 14. – Jan 5, 2018

Sears at Lansdowne Place in Peterborough will close its doors for good in mid-January.

After 65 years in business, the store will close up on Sunday, Jan. 14. Employees of the Peterborough location tell us that they can’t comment on what will be happening to the space, once the business officially closes.

READ MORE: Sears closing after 65 years in Canada; court grants complete b

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Ken Wong, who is a faculty member from Queen’s University in the marketing and strategy department says while Sears was one of the first e-commerce firms in the country, it made a lot of mistakes.

“It’s product lines, largely lost relevance to the Canadian consumer. So if I were to say to you, ‘Under what circumstance, what causes you to go to Sears?’ You’d be hard pressed to come up with a reason wouldn’t you? If by contrast, if I said, ‘Why would you go to Lululemon?’ you might say to buy yoga pants, or something of that ill,” said Wong.

Story continues below advertisement

The final stages of a liquidation sale are underway and once again, sales will continue at the Lansdowne Place location until Jan. 14.

Sponsored content

AdChoices