WINNIPEG – Sears is leaving CF Polo Park.
The struggling division retailer chain introduced Friday night time it’s closing 10 extra malls, together with its spot as considered one of Polo Park’s anchor tenants.
It is looking for the mandatory court docket approvals to go forward with the transfer.
The timeline for the closure is unclear, however Sears does count on liquidation gross sales will happen over the approaching months.
About 1,200 workers can be affected throughout the nation. It’s not know what number of will misplaced their jobs right here in Winnipeg.
Sears additionally says it has “entered into an agreement of purchase and sale” for its Garden City location, nevertheless it doesn’t say with who. The firm introduced it might shut this fall again in June.