Content about Sears Canada

March 15, 2013
Retail Shuffle

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 profit dips 3% in Q4

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

January 8, 2013
Sears CEO stepping down; Lampert taking reins

In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons.

January 7, 2013
Wet Seal names Sears exec as CEO

The Wet Seal has named John D. Goodman to serve as its new CEO, with his appointment effective Jan. 7.

October 30, 2012
Sears Canada launches shoppable iPad app for Wish Book

Sears Canada said Tuesday it has debuted a permanent shoppable iPad application for its Wish Book catalog after a temporary launch for the 2011 holiday shopping season.

June 22, 2012
Largest Sears Canada Home store to open in Ottawa

Sears Canada has opened its largest Sears Home store at Pinecrest Shopping Center.

June 1, 2012
Sears Canada launches new baby department across country

Sears Canada said Friday that it is rolling out a new in-store area called new baby department, located in the Kids Room in 55 Sears Canada stores across the country.

June 1, 2012
Sears Holdings files for partial spin off of its interest in Sears Canada

Hoffman Estates, Ill. -- Sears Holdings announced that Sears Canada has filed a Registration Statement on Form 20-F with the U.S. SEC in connection with the company’s previously announced plan to spin-off a portion of its interest in Sears Canada.

June 1, 2012
Sears Holdings files for partial spin off of its interest in Sears Canada

Hoffman Estates, Ill. -- Sears Holdings announced that Sears Canada has filed a Registration Statement on Form 20-F with the U.S. SEC in connection with the company’s previously announced plan to spin-off a portion of its interest in Sears Canada.

May 24, 2012
Sears Canada unveils refreshed concept in four Ontario stores

Sears Canada said it will unveil a new, refreshed store concept in four Ontario locations, designed to illustrate the retailer’s renewed commitment to customer service and store experience.

May 22, 2012
Legal expert joins Sears Canada board

Sears Canada has named Don Ross to its board of directors, effective immediately.

May 17, 2012
Sears Holdings swings to profit in Q1, to spin off minority stake in Sears Canada

Sears Holdings Corp. reported that it generated a profit of $189 million for the quarter ended April 28, after losing $170 million in the same period last year.

May 17, 2012
Sears Holdings swings to profit in Q1, to spin off minority stake in Sears Canada

Sears Holdings Corp. reported that it generated a profit of $189 million for the quarter ended April 28, after losing $170 million in the same period last year.

May 4, 2012
Sears Canada launches customer service push

Sears Canada is launching a “hassle-free” return policy that includes a satisfaction guarantee with every purchase.

April 20, 2012
Sears Canada finalizes three-store sell-back to landlord

Sears Canada, Inc., an arm of Sears Holdings Corp., said it has completed the transaction with landlord The Cadillac Fairview Corp. to return three stores for $170 million.

April 17, 2012
Sears Canada CEO reviews turnaround at annual meeting

Sears Canada chief Calvin McDonald told attendees of the retailer’s annual meeting in Toronto that the focus will be on its strongest categories to more quickly effect a turnaround.

March 2, 2012
Sears Canada to close three stores in major cities

Sears Canada Inc. said it is shutting down three downtown stores in Vancouver, Calgary and Ottawa.

February 23, 2012
Sears reports $2.4 billion Q4 loss, will spin off some stores

Sears Holdings Corp. reported a loss of $2.4 billion in the fourth quarter, compared with a profit of $374 million in the year-ago period.

July 26, 2011
Former Limited exec hired by Sears Canada

Sears Canada, a subsidiary of Sears Holdings Corp., said Monday it has hired former Limited Brands online executive VP Steven Goldsmith as its executive VP merchandising, apparel and accessories.

May 19, 2010
Sears net income falls on lower margins

Sears Holdings Corp.'s first-quarter net income fell 38% on thinner profit margins at its Sears...

December 1, 2008
Sears Suffers 3Q Loss, Warns of Store Closures

Sears Holdings Corp. reported Tuesday that third-quarter results showed wider-than-expected losses, which the retailer said...

March 26, 2008
More Kmart Stores to Sell Appliances

Sears Holdings Corp. said on WednesdaySears Holdings Corp. said on Wednesday it plans to sell...

September 25, 2007
Sears Canada Moving Headquarters

Toronto, Sears Canada...

May 31, 2007
Banking on the Big Book

In 1893, the first Sears, Roebuck and Co. catalog—a 6-by-9-in. booklet featuring watches and jewelry—was...

December 21, 2006
Sears Canada Taps Sears Holdings Execs

Toronto, Sears Canada...

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