Sears Canada launches in-store off-price concept
Sears Canada Inc. is going all out with its plans for an in-store off-price shop.
The chain will unveil the dedicated shop, called The Cut, this spring, and plans to roll it out to all its 94 stores. The off-price concept launched its own e-commerce website last week.
The Cut will take up from 30,000 sq. ft. to 40,000 sq. ft. inside the stores and will be evenly split between apparel and home offerings, according to Women’s Wear Daily.
If the concept is successful enough, the retailer may consider opening freestanding stores in the future, the report said.