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Sears Canada

Sears Canada Pensioners Dispute Dividends to Lampert’s ESL

Sears Canada creditors are calling $3 billion in dividends into question, prompting Eddie Lampert, a…

2017 Bankruptcy Infographic: Apparel Retail’s Year of Reckoning

Though the Internet had been taking ever bigger bites out of traditional retail for years, 2017 exposed just…

Sears Canada Runs Out of Time, Opts for Liquidation

Unable to find a deal prior to the approaching holiday season, Sears Canada is asking for the court's…

Private Equity Could Rescue Sears Canada From Liquidation

Sears Canada, which filed for bankruptcy in June, could continue as a going concern on a much smaller scale…

Sears Canada Chairman Emerges as Potential Buyer

Another party has stepped forward for a possible bid for beleaguered Sears Canada, while legal the wranglings…

Shuffle Board: Ascena Brands Names New CEO, Unifi Shakes Up Leadership

Ascena Retail Group named Gary Muto as its new CEO and president, while Unifi announced major changes to its…

ESL Partners, Fairhome Capital Bow Out of Joint Discussions for Sears Canada

As the bidding for Sears Canada continues, ESL Partners and Fairholme Capital Management bow out of their…

Sears Canada Looks for Buyer Amid Legal Actions from Property Owners, Shareholders

Sears Canada is officially on the market but stakeholders are filing legal motions to question the potential…

Sears Canada Granted Bankruptcy Protection, Cuts 2,900 Jobs

Sears Canada receives creditor protection under the Companies' Creditors Arrangement Act and announces store…

Report: Sears Canada to Seek Creditor Protection

Sears Canada might be the first shoe to drop for Sears Holdings, which still owns 12% of the business it spun…

Financial Roundup: J.Crew Restructures Debt Amid Losses, Neimans Shuts Down Takeover Talks, and Sears Canada Teeters

J.Crew is looking to climb out of debt amid sweeping changes, Neiman Marcus continues to go it alone and…

Retail Roundup: Stage Acquires Gordmans, Sears Canada Goes for Off-Price, & Abercrombie Eyes Asia

The current retail turmoil and uncertainty isn't stopping companies from growing and experimenting with new…

Shuffle Board: Roberto Cavalli Appoints Gian Giacomo Ferraris as New CEO

Raf Simons joining Calvin Klein wasn't the only big move this week.

Sears Canada 2016 Turnaround Initiative Involves Pinball

The 64-year-old struggling retailer revealed it set up a specialized retail innovations lab in a bid to…

Sears Canada to Sell Second Distribution Center and More Stores

Sears Canada will shed more of its real estate to rack up additional liquidity, and the next to go are two…