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Recent News Headlines : Sears Canada
COMPETITION BUREAU WANTS ANSWERS FROM SEARS LIQUIDATORS ON ALLEGED PRICE MARK-UPS, SAYS REPORT
'Extremely shady' In response to previous media inquiries, Sears Canada has adamantly denied that any prices were raised for liquidation sales... READ MORE›
'SEARS IS DOOMED': WHY FORMER EXECS DOUBT TROUBLED RETAILER CAN SURVIVE
He claims approving Stranzl's bid is the right decision to save jobs and save Sears Canada from liquidation... READ MORE›
'A COMPLETE JOKE': LAID-OFF SEARS WORKERS SAY HARDSHIP FUND CASH AMOUNTS TO NOTHING AFTER EI CUT
About 10,000 more employees will also be out of work if Stranzl's bid to buy Sears Canada falls through and the retailer begins total liquidation... READ MORE›
'I'M DISGUSTED': SEARS CANADA EMPLOYEE HARDSHIP FUND MISSING $200K
A 500,000 hardship fund created for former Sears Canada employees is facing a possible 200,000 shortfall, according to court documents... READ MORE›
'MY HEART IS BROKEN': YOUTH THEATRE FESTIVAL FIGHTS FOR SURVIVAL AFTER SEARS CANADA PULLS FUNDING
Twitter sophiaharrisCBC Cash-strapped Sears Canada has pulled funding for an annual theatre festival that involves thousands of high school students in Ontario, B.C... READ MORE›
$500K HARDSHIP FUND FOR FORMER SEARS CANADA EMPLOYEES APPROVED BY JUDGE
The retailer's court-appointed monitor says the group wants an Ontario judge's permission to launch its case against the company... READ MORE›
LAID-OFF SEARS WORKERS TRY TO BLOCK BIG CASH BONUSES FOR EXECUTIVE STAFF
Cash-strapped Sears Canada plans't o close 59 stores and eliminate 2,900 jobs as part of a court-supervised restructuring process... READ MORE›
SEARS CANADA, FORMER EMPLOYEES REACH COMPROMISE ON BENEFITS, PENSION PAYMENTS
A monitor's report filed Thursday morning was prepared for a hearing in Toronto at the Ontario Superior Court, which granted Sears Canada temporary protection from creditors three weeks ago... READ MORE›
