It's part of the future. We are awash in everything we ever need," he said. They are not going to miss them. A plan by executive chairman Brandon Stranzl that would see the company continue to operate was rebuffed in favour of liquidation, prompting further questions about whose interests were being prioritized. After the sales began, the Competition Bureau said it was investigating allegations that some merchandise was marked up ahead of the liquidation.
Still, Sears will be remembered by those who grew up devouring its annual holiday wish book and visiting its store in better days. News of the closure was named the Business News Story of the Year in an annual poll of the country's newsrooms conducted by The Canadian Press. Toronto Final Sears Canada stores shuttered for good All remaining Sears Canada stores will close their doors for good on Sunday, including 17 in Ontario.
And a plan by executive chairman Brandon Stranzl that would see the company continue to operate was rebuffed in favour of liquidation, prompting further questions about whose interests were being prioritized.
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Financial Post Top Stories will soon be in your inbox. We encountered an issue signing you up.
About 12, jobs will be eliminated. Related: Sears Canada files for bankruptcy. Sears Canada filed for bankruptcy in June. The company has closed nearly 60 of its more than stores since then. About of the remaining locations will be affected by the liquidation -- the others are Corbeil subsidiaries, which were sold off, and its small, independently owned hometown stores.
The only thing for sale on the vacant floor were clothes hangers going for a dollar a dozen. It sat next to a beaten up Bowflex home gym machine covered in soot.
Jiuseppina Minado is a lifelong customer who visited Sears every weekday while she and her husband waited to pick up their granddaughter from school near the mall.
We bought all our appliances here. If there was a problem you could just bring it back and they would help you. It was leftover from the last failed makeover to trendier clothes and home items that the giant retailer tried before going under.
Copyright owned or licensed by Toronto Star Newspapers Limited.
0コメント