Content about Sears Canada

August 28, 2014

Charges related to the decision by Destination XL Group Inc. to exit the Sears Canada Direct business resulted in the retailer’s net loss growing to $4 million in the second quarter of fiscal 2014, from $1.6 million a year earlier.

August 22, 2014

Sears Canada Inc. announced the opening of a new 240,000-sq.-ft. fulfillment center located in Calgary, Alberta.

July 8, 2014

Having passed the calendar’s mid-point, we thought it would be interesting to take a look at the most viewed stories of the year to date on

July 7, 2014

Sears Holdings announced today that Kristin M. Coleman will join the company as senior VP, general counsel and corporate secretary.

June 16, 2014

Sears Canada Inc. has entered into a binding agreement with Concord Pacific Group of Companies to pursue the development of the 12-acre Sears site located at the North Hill Shopping Center in Calgary, Alberta.

May 21, 2014

Sears Canada more than doubled its net loss year-over-year to $75.2 million, from $31.2 million in a difficult first quarter of fiscal 2014.

May 19, 2014

Sears Canada Inc. has entered into an agreement for the sale of its 15% minority ownership interest in the Centre commercial Les Rivières shopping centre in Trois-Rivières, Quebec, for $33.5 million.

May 14, 2014

Sears Holdings Corp. on Wednesday confirmed it is exploring strategic options for its 51% interest in Sears Canada Inc., including a sale

April 15, 2014

Sears Holdings has named Arun Arora pany as senior VP and president, Home Services.

February 5, 2014

Mark Panzer, president and CEO Pharmaca Integrative Pharmacy, will be leaving Pharmaca in pursuit of an opportunity at Sears Holding Company, according to Drug Store News.

February 4, 2014

Sears Holdings announced that Norman Miller will join the company as senior VP and president, Automotive.

January 30, 2014

Sears Canada, which laid off more than 1,300 employees on Jan. 15, is cutting an additional 624 jobs.

December 19, 2013

Cesar L. Alvarez, co-chairman of the international law firm of Greenberg Traurig, LLP, has been elected to membership on the Sears Holdings board of directors.

December 4, 2013

Eddie Lambert’s ESL Partners has reduced the size of its stake in Sears Holdings Corp. disclosing in a regulatory filing on that it now owns 48.4% of its shares, down from 55.4%.

November 27, 2013

Sears Canada is undergoing a six-month reorganization that will result in 712 job cuts, including 79 staffers that have already been terminated at its head office.

November 25, 2013

Sears Holdings chairman Eddie Lampert is reportedly considering selling the company’s Sears Canada stores.

November 11, 2013

Sears Canada announced that it has reached a definitive agreement to sell its 50% joint venture interest in eight properties it owns to Montez Income Properties Corp. for approximately $300 million (C$315 million).

October 24, 2013

Sephora announced that Calvin McDonald has been named president and CEO of Sephora Americas, effective Jan. 1, 2014.

September 24, 2013

Sears Canada CEO Calvin McDonald has resigned to take a position with an unnamed international company.

September 24, 2013

Sears Canada CEO Calvin McDonald has resigned to take a position with an unnamed international company.

August 6, 2013

Sears Holdings has selected HighJump Software, a global provider of supply chain management software, to help the company manage its distribution network.

July 8, 2013

A "Sears Hometown" store owner in Woodstock, Ontario (Canada), has launched a class action lawsuit on behalf of approximately 260 Sears Hometown dealers across Canada against Sears Canada and its American affiliate, Sears.

March 15, 2013

Is it just me, or does it seem like the past two months or so have seen an unusually high level of turnover at the top? It's gotten so that you need a scorecard to keep up with all the comings and goings, as chief executives are forced out, jump ship, retire or move on.

This year's changing of the guard is bittersweet because it includes the retirement of two veteran retailers, Steve Burd of Safeway and Maxine Clark of Build-A-Bear Workshop.

February 27, 2013

Sears Canada Inc. reported that profit for the fourth quarter dipped 3% to $38.8 million on weakened hardware and electronics sales.

© 2014