Content about Sears Canada

June 19, 2013
RILA elects Sears president to its board

The Retail Industry Leaders Association elected Ron Boire, president of Sears and Kmart, to its board of directors, during its semi-annual meeting in Washington, D.C.

May 2, 2013
Sears Holding shifts focus to omni-channel

Among the highlights of the first Sears Holdings shareholder meeting since Edward Lampert became chairman and CEO were details on the company's progress in combining its brick-and-mortar and online businesses.

February 25, 2013
Body Central reshapes merchant group

Specialty apparel retailer Body Central has transformed its merchandising organization with four high level hires and the departure of former chief merchant Beth Angelo.

January 8, 2013
Sears loses CEO, but gains momentum

Just when things seem to be looking up for Sears Holdings, chairman Edward Lampert will assume the additional responsibilities of CEO following the revelation that current chief executive Lou D’Ambrosio will leave the company for family medical reasons.

October 23, 2012
Sears Holdings approves spin-off of Canada business

Sears Holdings' board of directors has approved the previously announced spin-off of a portion of its interest in Sears Canada Inc.

October 12, 2012
Sears Holdings completes divestment of Hometown, Outlet businesses

Sears Holdings has successfully separated out its Sears Hometown and Outlet Sores businesses.

August 30, 2012
Sears booted off S&P 500

Sears Holdings will lose its spot in the S&P 500 after the close of trading on Sept. 4. It will be replaced by chemical maker LyondellBasell (LYB).

As one of America’s oldest retailers, Sears, Roebuck & Co. was one of the original members of the S&P 500 when the index was created in 1957 (69 of the index’s original components are still in the S&P 500 today, according to S&P’s Howard Silverblatt).

June 1, 2012
Sears Holdings files for partial spin off of its interest in Sears Canada

Sears Holdings announced that Sears Canada has filed a Registration Statement on Form 20-F with the U.S. SEC in connection with the company’s previously announced plan to spin-off a portion of its interest in Sears Canada.

May 24, 2012
Sears Canada to unveil refreshed stores in Ontario

Sears Canada announced that on May 25 it will unveil its new, refreshed store concept in four Ontario locations: Barrie, Belleville, Newmarket and at the Lime Ridge mall in Hamilton.

May 22, 2012
Legal expert joins Sears Canada board

Sears Canada has named Don Ross to its board of directors, effective immediately. Ross is a partner at a prominent law firm in Toronto and is a member of the Law Society of Upper Canada, the New York State Bar Association, and the Canadian, American and International Bar Associations.

May 22, 2012
Legal expert joins Sears Canada board

Sears Canada has named Don Ross to its board of directors, effective immediately. Ross is a partner at a prominent law firm in Toronto and is a member of the Law Society of Upper Canada, the New York State Bar Association, and the Canadian, American and International Bar Associations.

May 17, 2012
Sears swings to profit in first quarter, pursues partial spinoff off of Sears Canada

Sears Holdings posted net income of $189 million in the quarter, compared with a loss of $165 million in the prior-year period.

May 17, 2012
Sears swings to profit in first quarter, pursues partial spinoff off of Sears Canada

Sears Holdings posted net income of $189 million in the quarter, compared with a loss of $165 million in the prior-year period.

March 5, 2012
Sears Canada stores closing in three major cities

TORONTO — Sears Canada is closing three downtown stores in Vancouver, Calgary and Ottawa. The move follows an announcement last month by Sears Holdings, the majority owner of Sears Canada, that it will raise about $770 million by spinning off parts of its business and selling prime real estate.

March 5, 2012
Sears Canada stores closing in three major cities

TORONTO — Sears Canada is closing three downtown stores in Vancouver, Calgary and Ottawa. The move follows an announcement last month by Sears Holdings, the majority owner of Sears Canada, that it will raise about $770 million by spinning off parts of its business and selling prime real estate.

February 23, 2012
More comps declines at Sears and Kmart

Sagging sales and declining profits plagued Sears Holdings during the fourth quarter as the company posted a $2.4 billion loss and announced several measures to bolster its balance sheet.

August 18, 2011
2Q loss widens for Sears Holdings

Sears Holdings turned in disappointing sales and earnings for its second quarter as the company strives to turn around its performance in a weaker consumer spending environment.

June 24, 2011
New leader named at Sears Canada

Sears Canada has announced the appointment of Calvin McDonald as its president and CEO, effective immediately.

December 22, 2010
Sears Canada names new CFO

Sears Canada announced that it has appointed Sharon Driscoll as SVP and CFO. Driscoll has held her current position with the company as SVP finance, since November of 2008.

June 24, 2010
Sears Holdings launches Puerto Rican website

Sears Holdings has announced the launch of Searspr.com, a new website catering to the company's...

April 22, 2010
Sears Holdings acquires additional shares of Sears Canada

Sears Holdings announced that it has entered into agreements to purchase or cause a wholly-owned...

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