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 filed for creditor protection, similar to Ch. 11 bankruptcy protection in the U.S., with a plan to close 60 stores, shed assets and layoff employees in an attempt to buffer its balance ...

Sears Canada went to court asking for creditor protection (a similar process as filing for Ch. 11 bankruptcy in the U.S.) with a plan to close stores and ultimately reemerge as an operating retailer.

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Hayley Peterson Every time Hayley publishes a story, you’ll get an alert straight to your inbox ...

Oshawa Centre owner Primaris REIT has confirmed that the Sears location at the mall’s north end – currently occupied by a ...

TORONTO (Reuters) - Sears Canada Inc said on Thursday it plans to cut jobs and close about a quarter of its stores as it restructures its operations after a steady decline in sales due to competition ...

The former Canadian division of Sears is set to go out of business, a fate the U.S. retailer is still trying to avoid as department stores suffer. Sears Canada, which spun off from U.S.-based Sears ...

Someone actually wants to buy Sears — Sears Canada, that is. The chief executive of the 190-store chain, Brandon Stranzl, stepped down in order to put together a bid to buy the company, which is under ...