Sears Canada filed for bankruptcy early Thursday, making it the latest casualty of the crisis among traditional brick-and-mortar retailers. It’s also another sign of trouble for the iconic retailer.
Sears Canada warned Tuesday that it's running out of cash and could soon go out of business if it doesn't find a financial lifeline. Sears Canada warned Tuesday that it's running out of cash and could ...
TORONTO (Reuters) - Sears Canada Inc majority shareholders including Edward Lampert, ESL Investments Inc and Fairholme Capital Management LLC are seeking access to internal documents related to its ...
Sears Holdings is closing an additional 20 money-losing stores, a sign of the mounting problems faced by the iconic but troubled retailer. The move includes 18 Sears stores and two Kmart stores. The ...
HOFFMAN ESTATES, Ill. (AP) — Sears said Wednesday that it has completed its spinoff of part of its stake in Sears Canada Inc. The Hoffman Estates, Ill., company said the partial spinoff effective ...
NEW YORK (MarketWatch) -- Sears Holdings Corp. said Thursday that it received commitments for a majority of Sears Canada shares. Shareholders owning more than 7.6 million common shares have agreed to ...
Sears Canada Inc. creditors are targeting Eddie Lampert, its former controlling shareholder and the chief executive of its U.S. namesake Sears Holdings Corp., over payments he received before the ...
NEW YORK -- Sears hopes a dose of nostalgia will bring joy to its holiday season. The struggling retailer is bringing back the Wish Book, its iconic holiday catalog featuring holiday decor, toys, ...
TORONTO (Reuters) - Sears Canada's stock dropped on Wednesday after parent company Sears Holdings Corp said it would close as many as 120 Kmart and Sears stores in the United States. A spokesman for ...
A former partner at Deloitte & Touche and his son have agreed to pay more than $1.1 million to settle civil charges that they engaged in illegal insider trading in the securities of several of the ...
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