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Sears Canada to shutter 10 more stores across country – National

Sears Canada will shut one other 10 stores across the country in a transfer which is able to have an effect on 1,200 workers.

The firm introduced late Friday evening that the stores at Avalon Mall in St. John’s, NL, Fairview Pointe-Claire in Quebec and Polo Park in Winnipeg are all slated to shut.

READ MORE: Toronto decide approves hardship fund for former Sears Canada workers

In addition, three stores in B.C. (Nanaimo North Town Centre; Brentwood Town Centre, Burnaby; Kelowna) and 4 stores in Ontario (Lime Ridge Mall, Hamilton; Oakville Place; Fairview Mall, North York; Scarborough Town Centre) may also be shuttered together with a Sears Home retailer in Kelowna.

The variety of workers affected by the Sears restructuring now balloons to four,100 with over 70 stores now on the best way out.

READ MORE: Head of Sears Canada will step down so as to bid for retailer

Once a go-to for consumers, Sears Canada has struggled lately regardless of efforts to change together with the shifting retail panorama.

The division retailer chain has come beneath fireplace for forgoing retirement advantages or severance pay for former workers, whereas paying $9.2 million in bonuses to preserve key workers on board whereas beneath the Companies’ Creditors Arrangement Act.

READ MORE: Sears Canada slashing about 2,900 jobs, closing 59 areas across country

The retailer introduced a plan in June to shut 59 areas across the country. It had deliberate to end liquidation gross sales by Oct. 12.

The firm will search an extension of the keep interval to Nov. 7.

— With information from Canadian Press

© 2017 Global News, a division of Corus Entertainment Inc.

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