Sears Canada Court Protection
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Sears Canada to shutter 10 more stores across countrySears Canada will close another 10 stores across the country in a move which will affect 1,200 employees.CanadaOct 1, 2017
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2,900 Sears Canada employees won’t receive severance after layoffSears is also seeking to suspend its pension plan for current employees and benefits plan for retirees.CanadaJun 28, 2017
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Sears Canada could survive bankruptcy but likely not as a department storeThe struggling retailer will probably have to become a specialized store and drastically reduce its footprint across Canada, experts say.MoneyJun 22, 2017
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Here are the 59 Sears Canada stores set to close and where you can expect liquidationsSears warranties will remain valid, retailer says.CanadaJun 22, 2017
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Sears Canada slashing about 2,900 jobs, closing 59 locations across countryThe announcement came after the Ontario Superior Court of Justice granted the department store chain temporary protection from creditors under the Companies' Creditors Arrangement Act.MoneyJun 22, 2017
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Sears Canada stocks dive after report that it will seek court protectionSears Canada shares fell 21.25 per cent to 63 cents on the Toronto Stock Exchange shortly after the market opened Wednesday.MoneyJun 21, 2017
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