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Sears Canada Inc news

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Sears Canada Announces Update on Q2-2017 Earnings Release
TORONTO, Sept. 18, 2017 /CNW/ - Sears Canada Inc. (the "Company") announced today that it will not be filing unaudited interim financial statements, Management's Discussion and Analysis, or related CEO and CFO certifications (the "Continuous ...
Sears Canada to close 59 stores, lay off 2900 in restructuring
All other Sears locations will remain open, the chain said, and the company "plans to continue to operate a large number of stores, continue to maintain significant employment, and to service its customers across Canada," Sears said in a court filing.
Sears Canada seeks reinvention as it falls to insolvency  The Globe and Mail
Sears Canada raises 'significant doubt' about its future
Given its dire warning on Tuesday its financial situation raises "significant doubt as to the company's ability to continue as a going concern," some industry insiders say it could be in court as early as this week to file for a restructuring under ...
Future of Sears Canada in 'significant doubt,' company says
Sears Canada Announces First Quarter 2017 Results  Canada NewsWire (press release)
Sears Canada head said to be negotiating $650 million deal that would cut ...
Struggling retailer Sears Canada Inc's top executive is negotiating a private-equity backed deal that could be valued at more than $650 million, the Wall Street Journal reported, citing people familiar with the matter.
Sears Canada executive chairman rushing to assemble takeover bid
Sears Canada Inc.'s executive chairman is scrambling to put together a last-minute takeover proposal for the company as a court-imposed deadline looms on Thursday for bids to buy the insolvent retailer.
Sears Canada takes hit after creditor-protection report
The big difference between U.S. department store Target's 2015 departure from the Canadian market and a possible Sears restructuring or liquidation is the element of surprise, according to Jeffrey Berkowitz, president, Aurora Realty Consultants Inc., a ...
Sears Canada to Seek Court Approval of a Sale and Investment Solicitation ...
TORONTO, July 6, 2017 /CNW/ - Sears Canada Inc. ("Sears Canada" or the "Company") (TSX: SCC) and certain of its subsidiaries (the "Sears Canada Group") today announced that the Sears Canada Group has filed motion materials with the Ontario ...
What Sears Canada's case says about how safe your retirement benefits are
'Totally unacceptable': Sears Canada looks to suspend employee ...  BNN
'Turbulent times' as US parent raises questions about fate of Sears Canada
Mounting troubles at U.S. parent Sears Holdings Corp. raise questions about the fate of Sears Canada Inc., which has also suffered from declining financial results.
Sears Holdings shares tumble after company warns of 'going concern' ...
Sears Expresses 'Substantial Doubt' About Its Future Survival  Huffington Post Canada
Is Sears Canada closing the store in your neighbourhood? Find out here
Sears Canada Inc said today it plans to cut jobs and close stores as it restructures its operations, following years of declining sales as it has lost customers to big-box retailers, more nimble apparel companies and online merchants.
Sears Canada posts loss, same-store sales rise
Sears Canada Inc. reported a $45.8-million loss in its latest quarter, but noted that same-store sales improved compared with a year ago as the company has worked to reinvent itself.
Sears Canada reports $45.8M loss despite increased same-store sales  BNN