Sears Bankruptcy
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Demolition of Kelowna Sears location a sign of tough times for department storesFor some, the tear-down is also the end of a personal chapter.EconomyJul 17, 2019
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Pennsylvania Kmart manager gives emotional sign-off on store’s last dayAs the Kmart in McMurray, Pa., closed for good, its store manager gave shoppers a heartfelt goodbye.ConsumerOct 20, 2018
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Sears files for bankruptcy protection in U.S. over massive debt, plunging salesMore than a year after announcing it was closing all its stores in Canada, the retailer has filed for Chapter 11 bankruptcy protection in teh U.S., buckling under its massive debt load and staggering losses.MoneyOct 15, 2018
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Sears Canada shutters its final stores after months-long liquidationThe long-time staple of Canada's retail landscape declared bankruptcy last year and announced in the fall that it would liquidate its remaining stores and lay off thousands of employees.CanadaJan 14, 2018
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Why is the Sears outlet in Pointe-Claire hiring?Although the Sears outlet in Pointe-Claire is set to close soon, they are looking to hire new staff to help them with their liquidation.CanadaOct 18, 2017
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Morneau Shepell takes over admin responsibilities for Sears pension planThe pension plan's assets are kept separate from Sears' assets and cannot be accessed by the company's creditors.MoneyOct 17, 2017
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Sears closing after 65 years in Canada; court grants complete liquidationSears Canada has been granted permission to liquidate its 130 remaining stores by an Ontario judge.ConsumerOct 13, 2017
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Sears closing will erase more jobs than Canada added in the month of SeptemberThankfully, unemployment is low right now.MoneyOct 12, 2017
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While Sears Canada’s future looks grim, Sears’ American stores are on the brink: analystsAlthough Sears Canada might not be affected by the American chain's woes, that doesn't mean it's doing well, say analysts.ConsumerDec 6, 2016
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